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Bloomberg Compass CEO Who Pivoted From Goldman to Tech Reaps IPO Gain (Bloomberg) — Compass Inc. Chief Executive Officer Robert Reffkin started his career working in the inner sanctums of American power, from McKinsey & Co. to the White House to Goldman Sachs Group Inc. But it was a real estate startup that vaulted him to the ranks of the ultrarich.Compass, the tech-focused brokerage that Reffkin co-founded in 2012, raised $450 million in an initial public offering Wednesday. The sale was cut… Source link

A new study by researchers at Trinity College in Ireland claims Android devices send 20 times more personal data to Google than iPhones send to Apple. Even when the phone is first taken out of the box and activated. According to a report by arsTechnica, Google disputes the results of the study, stating the conclusion was due to “faulty methods for measuring the data that’s collected by each OS.” Collecting and sending personal data recorded by smartphones is… Source link

Bloomberg God and Man Collide in Bill Hwang’s Dueling Lives on Wall Street (Bloomberg) — With the sun rising outside their conference room in Midtown Manhattan, the visitors to a secretive investment empire bent their heads in prayerful meditation.It was another Friday morning, 7 o’clock, and a familiar scene was unfolding again inside Archegos Capital Management, an obscure family office that would go on to shake the financial world.In the days before the pandemic, 20 or 30 people would… Source link

Awesemo MLB DFS Picks: Spotlight Hitters & Stacks for Thursday, April 1st | Opening Day MLB DFS action on Thursday, April 1, aka Major League Baseball Opening Day starts at 1:05 p.m. ET with giant contests on Yahoo, DraftKings and FanDuel. Before locking in lineups, make sure to check out Awesemo’s daily fantasy baseball top stacks, picks, rankings and projections. Let’s dig into some MLB DFS and daily fantasy baseball […] The post MLB DFS Picks: Spotlight Hitters & Stacks for Thursday,… Source link

The U.S. economy brought back more jobs than expected in March, presaging even faster employment growth in the coming months as more Americans become vaccinated and jobs across industries return.  The Department of Labor released its March employment report Friday at 8:30 a.m. ET. Here were the main metrics in the report, compared to consensus estimates compiled by Bloomberg:  Change in non-farm payrolls: +916,000 vs. +660,000 expected and a revised +468,000 in February  Unemployment rate:… Source link

MATCHES (ET) FORWARDS Raphinha, LEE v. SHU (£28): There are a couple more coveted and expensive forward options in Mohamed Salah (£30) and Raheem Sterling (£29) but Raphinha‘s matchup against Sheffield United and his consistent production make him a more viable option. He’s finished with at least 9.35 points in nine of his past 11 appearances and his value is held up due to his set-piece duties. An alternative to Raphinha in Leeds United’s attack is Patrick Bamford (£24), who has the top… Source link

Bloomberg Yellen Signals Scrutinizing Hedge Funds a Renewed FSOC Focus (Bloomberg) — President Joe Biden’s council of financial regulators signaled a sharpened focus on hedge funds and whether their trading poses dangers to markets.Treasury Secretary Janet Yellen, speaking at a Wednesday meeting of the Financial Stability Oversight Council, said the group has revived a task force on hedge funds so agencies can better “share data, identify risks and work to strengthen our financial… Source link

The Guardian US economy adds 916,000 March jobs as vaccine rollout fuels hiring boom Unemployment at 6% as businesses reopen and hire workersData shows 30% of Americans have had at least one vaccine shot Sous chef Francisco Lopez at the Buya restaurant in Miami last month. The data suggests the worst of the pandemic-related jobs slump may be over – but issues remain. Photograph: Joe Raedle/Getty Images The US labor market went on a hiring spree in March, adding 916,000 jobs amid the… Source link

It’s a six-game slate in the NHL on Friday with Colorado the lone huge favorite on the docket. Washington and Toronto are also receiving notable road chalk, whereas Edmonton and Los Angeles are smaller home favorites. The two highest over/under totals are in the Toronto-Winnipeg and Washington-New Jersey clashes. Here are some picks and pans for Friday’s action. All statistics from Natural Stat Trick and Hockey Reference. GOALIE Cal Petersen, LA vs. SJ ($29): A potential against-the-grain… Source link

(Bloomberg) — U.S. equity futures rose ahead of data expected to show the biggest increase in jobs in five months. Most other markets were closed for Good Friday. The labor report for March has the potential to roil the bond market when trading will be thin during a holiday-shortened session. Treasuries will be open for a half-day session, while the New York Stock Exchange is closed today. The median economist estimate points to 650,000 gain in non-farm payrolls, which would indicate that the… Source link