Webull, the Chinese-owned brokerage that runs one of the fastest-growing retail trading platforms in the U.S., raised $150 million in a new financing round that gives the startup more firepower to compete with Robinhood Markets. The fundraising valued Webull’s parent company at more than $1 billion, people familiar with the matter said, asking not to […]
Archives for 2021
LIC Bima Jyoti Plan 860 – Features, Benefits Review
LIC Bima Jyoti Plan 860 is new plan by LIC in the year 2021. The new plan is being launch by keeping tax saving season in mind. The plan is expected to be launched on 22nd Feb, 2021. LIC Bima Jyoti is Non-linked, Non- participating, limited premium endowment plan. The guaranteed addition on this plan […]
Former GE CEO Jeff Immelt was asked about the company’s accounting practices. Here’s what he said was ‘fluid.’ – MarketWatch
General Electric is no longer the blue-chip titan it was back in the 1990s. But the more the company’s past accounting practices come to light, the less clear it becomes that the company under legendary CEO Jack Welch was ever what it claimed to be. Jeff Immelt, successor to Welch, who died last year, was […]
How David Beats Goliath in Real Life (Audio)
In light of today’s Congressional hearings over the Robinhood / GameStop fiasco, I’m posting the new audio version of my post How David Beats Goliath in Real Life. As a reminder, me, Ben, Barry, Blair and the whole Ritholtz Mafia are now regularly turning our best posts into podcast “golden nugget” episodes – so if […]
Value’s Worst Year Ever
Michael Batnick took over emceeing duties on What Are Your Thoughts this week and brought in the brilliant Nick Maggiulli to play along. Watch it below and subscribe at the link underneath! [embedded content] Subscribe to The Compound channel
Value’s Worst Year Ever
Michael Batnick took over emceeing duties on What Are Your Thoughts this week and brought in the brilliant Nick Maggiulli to play along. Watch it below and subscribe at the link underneath! [embedded content] Subscribe to The Compound channel
Do I Need an Accountant for My Business? Get Your Yes or No Answer Now
As a business owner, you’re used to wearing a million hats and doing things yourself. But sometimes, you need a helping hand. Some tasks, like accounting, can be time-consuming and downright stressful— especially if you’re not an expert. If you’re struggling to manage your own books, hiring an accountant may be a good fit for […]
Black CPA Centennial celebrates first Black CPA
Editor’s note: 2021 is the 100th anniversary of the first Black CPA. This article is the first in a series to celebrate the centennial through profiles about some of the initial 100 Black CPAs as well as others who have blazed the trail and paved the way for future diversity in the profession. John Wesley […]
From the filings: Supply chain lessons from the pandemic
When the COVID-19 pandemic disrupted supply chains around the world the year after U.S. tariffs hit American companies manufacturing in China, major multinational corporations deployed varying strategies to keep up production. A survey of 715 supply chain professionals by Jabil, a Florida-based manufacturing service company, found the pandemic disrupted 78% of supply chains — more […]
FNZ submits appeal against merger ban
Platform engine FNZ has submitted its appeal against the Competition and Markets Authority’s order to sell off its recent acquisition and rival GBST. In its appeal submission filed this week, FNZ said the acquisition of GBST does not give rise to a “substantial lessening of the competition (SLC).” It also submitted that the market definition […]