1 December, 2016 by The TZ Newswire Staff Comments Off on NewsWatch: Dow closes at record high, Nasdaq slumps on weak technology stocks
NewsWatch: Dow closes at record high, Nasdaq slumps on weak technology stocks
The Dow Jones Industrial Average bucked the broader market’s weakness on Thursday to close at a record high, even as large-cap technology stocks weighed down the Nasdaq Composite index for a second straight session.
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1 December, 2016 by The TZ Newswire Staff Comments Off on BitLendingClub to Shut Down: Claims Closure Is Caused By Regulatory Pressure
BitLendingClub to Shut Down: Claims Closure Is Caused By Regulatory Pressure
BitLendingClub, a bitcoin peer-to-peer lending platform, announced on Thursday it was shutting down all of its services. The website claimed the closure was due to regulatory pressure. The lending portal’s team released a letter to customers, stating: “We’ve worked extremely hard to build a platform… Read More
1 December, 2016 by The TZ Newswire Staff Comments Off on 1 Survey That Shows Why Netflix Is Relentlessly Focusing on Comedy
1 Survey That Shows Why Netflix Is Relentlessly Focusing on Comedy
Image source: Netflix.
Since Netflix (NASDAQ: NFLX) first began producing original entertainment, stand-up comedy has been a key element. The genre can be cheap and easy to produce, and comedians crave the promotion a partner like Netflix can give them.
1 December, 2016 by The TZ Newswire Staff Comments Off on Starbucks shares fall as CEO Schultz steps down
Starbucks shares fall as CEO Schultz steps down
Starbucks fell more than 3 percent in after-hours trade after the company announced Howard Schultz is leaving his post.
1 December, 2016 by The TZ Newswire Staff Comments Off on Starbucks Shares Plunge As CEO Unexpectedly Steps Down
Starbucks Shares Plunge As CEO Unexpectedly Steps Down
Coffee chain giant Starbucks Corporation (NASDAQ:SBUX) late Thursday said that its long-time Chairman & CEO Howard Schultz will be stepping down in a few months.
Effective April 3, Schultz will move to the Executive Chairman position, and Kevin Johnson, who is the current Chief Operating Officer, take over as CEO.
1 December, 2016 by The TZ Newswire Staff Comments Off on Advisors to Up Tech, Compliance Spending in 2017
Advisors to Up Tech, Compliance Spending in 2017
Many advisors plan to spend more on technology, compliance and marketing in 2017, according to a recent survey.
1 December, 2016 by The TZ Newswire Staff Comments Off on What Happened in the Stock Market Today
What Happened in the Stock Market Today
Image source: Getty Images.
Stocks ended mixed on Thursday, as the Dow Jones Industrial Average (DJINDICES: ^DJI) logged a slight gain and the S&P 500 (SNPINDEX: ^GSPC) index lost ground.