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Monday, 16 October 2017

Wells Fargo sold dangerous investments it didn't understand, regulators say

The investments were almost guaranteed to lose investors money in the long run.
CNNMoney Markets Now
 
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News: What you need to know about the markets
 
 
Wells Fargo sold dangerous investments it didn't understand, regulators say
The investments were almost guaranteed to lose investors money in the long run. Read more »
 
Can MoviePass be the Netflix of theaters?
MoviePass lets people go to the multiplex as many times as they want for a $9.99 monthly subscription. The company that is buying a majority stake in MoviePass is surging. It looks like a great deal for film fans but a risky bet for investors. Read more »
 
Venezuela is blaming Trump for missed debt payments
Venezuela missed five small debt payments last week. It owes much more soon. Lately the Venezuelan regime is blaming delayed payments on sanctions imposed on it by the Trump administration. Read more »
 
Nordstrom suspends talks to go private
The Nordstrom family, which owns a big chunk of the high-end retailer's shares, said it's putting takeover talks on hold until after the holidays. It's the latest sign of how tough it is for traditional retailers as Amazon and Walmart dominate. Read more »
 
A month after hurricane, only half of Puerto Rico's banks are open
The devastated electric grid and poor cell service make it difficult to move cash. Read more »
 
Forget gold. This metal is on a much bigger rally
Palladium prices have spiked nearly 50% in 2017 to their highest level in over 16 years. Read more »
 
 
 
 
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