Upskill or Fade Away

About three years ago, John Heinen worked in IT at global professional tax and consulting company PricewaterhouseCoopers (PwC). “I realized I needed to do something to improve my career. I decided to get my master’s degree in data science,” he says. Then he heard...

Intuit Reportedly Set To Spend $7B To Buy Credit Karma

Intuit is close to finishing a deal to buy personal finance portal Credit Karma for around $7 billion in both cash and stock, according to The Wall Street Journal. The deal will push the bookkeeping software giant more into the realm of consumer finance, people...

Silicon Valley Is Quietly Building Its Own Wall Street

Can a new stock exchange backed by the Bay Area’s most powerful players take on the NYSE and Nasdaq? On a drizzly San Francisco day in December, Eric Ries is stationed inside the Succession-worthy offices of Orrick, Herrington & Sutcliffe. Here, at the...

Hedge funds use DIY strategies to gauge coronavirus impact

NEW YORK (Reuters) – As investors crunch numbers to determine how the coronavirus will hit China’s economy, hedge fund manager Nathaniel Polachek has tied much of his outlook to the fate of a ship anchored near Weihai, China. The vessel carries some 750 tons of...

Five things to look out for in HSBC’s new strategy

LONDON/HONG KONG (Reuters) – HSBC (HSBA.L) on Tuesday reports 2019 results and will set out its new strategy, where interim Chief Executive Noel Quinn will audition for the permanent role by announcing major restructuring efforts. Here are five key things to...