Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 5, 2024.Brendan Mcdermid | ReutersLONDON — Global dividend payouts to shareholders hit a record $1.66 trillion in 2023, according to a new report by British asset manager Janus Henderson.The Global Dividend Index...
Category: Finance
DOJ opens investigation into Alaska Airlines incident of door panel blowing out midair, WSJ says
An Alaska airlines Boeing 737 is taking off from Los Angeles International AirPort (LAX) in Los Angeles, California, on March 6, 2024.Daniel Slim | Afp | Getty ImagesThe Justice Department has started a criminal investigation into the Alaska Airlines incident where a door panel blew out mid-air two months ago,...
China is making it much easier for foreigners to use mobile pay
Scanning QR codes with a mobile pay app has become the most common way to pay in mainland China.Bloomberg | Bloomberg | Getty ImagesBEIJING — Foreign visitors to China can now spend up to $2,000 a year using the mobile app Alipay without having to register their ID, the app...
Why private equity has been involved in every recent bank deal
Federal Reserve Chair Jerome Powell fist-bumps former Treasury Secretary Steven Mnuchin after a House Financial Services Committee hearing on "Oversight of the Treasury Department's and Federal Reserve's Pandemic Response" in the Rayburn House Office Building in Washington, D.C., on Dec. 2, 2020.Greg Nash | ReutersThe $1 billion-plus injection that New...
‘One of the most important innovations in investing’: TMX CEO jumps deeper into ETFs
The Toronto Stock Exchange's parent company has already completed a major deal this year: its acquisition of ETF education company VettaFi.According to TMX Group CEO John McKenzie, the deal helps expand its exchange-traded fund business globally."The exchange-traded fund is essentially one of the most important innovations in investing in the...