Tag Archives: exodus

(Bloomberg) — Money is leaving every asset class and the exodus is deepening as investors rush out of names like Apple Inc., according to Bank of America Corp. strategists. Most Read from Bloomberg Equities, bonds, cash and gold all saw outflows in the week ended May 11, strategists led by Michael Hartnett wrote in a note, citing EPFR Global data. At $1.1 billion, technology stocks suffered their biggest withdrawals so far this year, second only to financials, which lost $2.6 billion. “The… Source link

Pressure has mounted in recent weeks on U.S. pensions to dump Russian assets, but policymakers scrambling to unwind investments face a bigger moment of truth — what about their holdings in other autocratic regimes? Russian President Vladimir Putin’s invasion of Ukraine has prompted many of the largest public pension plans to quickly divest from Russian securities or trim their exposure to harder-to-exit allocations. The first-of-its-kind move to exit so abruptly put into question the… Source link

The move to remote work at the onset of the pandemic last year happened virtually overnight, with shelter-in-place orders forcing office workers to abandon the spaces where they spent most of their waking hours as if driven off by a nuclear meltdown. So people spent the next weeks and months reorganizing their lives and homes, carving offices out of bedroom corners and slipping in and out of home schooling sessions for kids between calls, with former commute hours now devoted to myriad other… Source link

Records obtained by The Associated Press show Paxton signed contracts with the firms after eight of the Republican’s senior aides accused him of crimes. All eight have resigned or been fired, including the lawyer who was leading the Google investigation. Source link

Records obtained by The Associated Press show Paxton signed contracts with the firms after eight of the Republican’s senior aides accused him of crimes. All eight have resigned or been fired, including the lawyer who was leading the Google investigation. Source link

Texas Attorney General Ken Paxton is seeking $43 million in taxpayer money to pay outside lawyers to lead a 10-state antitrust lawsuit against Google By JAKE BLEIBERG Associated Press January 5, 2021, 8:50 PM • 5 min read Share to FacebookShare to TwitterEmail this article DALLAS — The mass exodus of Texas Attorney General Ken Paxton’s top staff over accusations of bribery against their former boss has left the Republican seeking $43 million in public funds to replace some of them with… Source link

InvestorPlace 7 Canadian Stocks That Are the Feather in America’s Hat As someone who lives and breathes the Canadian way of life, I often get called on by InvestorPlace to write about Canadian stocks to buy.  Some obvious names that trade on the New York Stock Exchange or the Nasdaq come to mind. Many of them depend on America for much of their livelihood. It’s why the latest U.S. election cycle has been mesmerizing television for Canadian business executives.  In November, CEOs across… Source link

The coronavirus is accelerating a significant tech exodus out of California, with Oracle (ORCL) announcing Friday that it has moved its headquarters from Redwood City to Austin, Texas. The move came just days after Tesla (TSLA) CEO Elon Musk announced he’d be moving from Los Angeles to Austin. Other tech giants that have recently left California include Silicon Valley pioneer Hewlett-Packard Enterprise (HPE) and newly public software giant Palantir (PLTR). The coronavirus pandemic and the… Source link