Sales & Marketing news

• Here's how you should invest your money for retirement, according to the founder of a $3.9 trillion fund giant

  29-01-2017 22:18 via feedproxy.google.com
  
  The man who transformed investing for Main Street has some advice for how to save for your retirement – focus on the big picture.
  More specifically, factor in Social Security into your bond portfolio, stay away from traditional mutual funds and accept the occasional market dips that will come along the way when investing primarily in index funds, Vanguard founder John C. Bogle told Business Insider in an extensive interview.
  Bogle formed Vanguard Group in 1974, and created t
  
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• TOP CEO: Bringing money back from overseas could help rebuild our 'crumbling nation'

  29-01-2017 22:05 via feedproxy.google.com
  
  The US has one of the highest corporate tax rates in the industrialized world. 
  That has led to a lot of US companies keeping some of their cash parked overseas, rather than moving it back to the US.
  Apple, for instance, has $230 billion offshore. And the company's CEO, Tim Cook, says that money is staying put unless a fairer tax rate is implemented. 
  In total, the amount of American corporate profits abroad stands at a whopping $2.5 trillio
  
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• Here's why Elon Musk is changing his tune on Trump (TSLA)

  29-01-2017 21:26 via feedproxy.google.com
  
  During the 2016 presidential election, Elon Musk was no fan of Donald Trump — the Tesla and SpaceX CEO didn't think the celebrity businessman was the right guy for the job.
  But now that President Trump has the job, Musk has shifted his views. He's joined Trump's council of business advisors and also has become a member of a Trump administration initiative to create more US manufacturing jobs.
  I don't think there are two brains more un-alike that Musk's and Trump's on planet Earth. Adding t
  
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• IEX: 'We have been operating as an exchange for over four months, and chaos has yet to descend on the world'

  29-01-2017 21:22 via feedproxy.google.com
  
  A change in administration and at the helm of the SEC typically encourages conversation about regulatory reform.
  How much regulation is too much, what assumptions are worth reexamining, and how can the government make sure that innovative ideas have a chance to succeed and at the same time protect investors and market integrity?
  Those questions are core to the evolution of everything from the blockchain to robo-advisers, and they also matter a lot to how our stock markets evolve.
  I have been in
  
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• The CEO of a giant Chicago company says big business has 'a moral obligation' to help struggling cities

  29-01-2017 19:05 via feedproxy.google.com
  
  Chicago, America's third-largest city by population, is one of the great centers of American industry.
  Boeing, McDonald's, and Discover Financial all have their headquarters either in the city or nearby.
  But despite all that the city has going for it in the world of business, Chicago still has a lot of problems.
  Violence, poverty, and gangs are among the many front-page issues that have tarnished the city's reputation in recent years.
  Late on Tuesday, President Donald Trump tweeted about the gun
  
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• The New York Stock Exchange is doing a 180

  29-01-2017 18:24 via feedproxy.google.com
  
  The New York Stock Exchange is renaming NYSE MKT, a market for small and mid-cap companies, NYSE American.
  The NYSE is planning to introduce a 350-microsecond delay in trading on NYSE American.
  The introduction of a delay follows the approval of the IEX exchange, which also has a 350-microsecond delay.
  The NYSE had fought IEX's approval.
  The New York Stock Exchange is planning to introduce a 350-microsecond delay in trading on its market for small-cap companies.
  The delay will apply to NYSE Ame
  
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• We asked an investing legend if mutual funds are doomed and his answer was just brutal

  29-01-2017 18:14 via feedproxy.google.com
  
  Active investment managers — investors that try to beat market indexes — are in a tough spot.
  There's one man that could take most of the blame, Vanguard founder John C. Bogle, whose behemoth firm, now with $3.9 trillion under management, continues to attract assets, all while costing clients a tiny fraction of the cost of active management.
  That's great for Main Street investors, who can reap market gains on the cheap but bad for Wall Street managers who need to be paid for their an
  
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• The founder of a $3.9 trillion investment giant has some advice for wannabe money managers

  29-01-2017 17:16 via feedproxy.google.com
  
  Index funds are eating into the field of traditional money management, hurting prospects for would-be stock pickers.
  But that doesn't mean all is lost for young people seeking Wall Street careers, says John Bogle, the father of index investing at $3.9 trillion Vanguard.
  In an extensive interview with Business Insider, Bogle advised young people to "follow their star," pay little heed to previous generations and to make the money management business better.
  Here's Bogle's full quote (emphasi
  
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• 'Split' scares up big business at the box office for a second straight weekend

  29-01-2017 17:10 via feedproxy.google.com
  
  It's safe to say that M. Night Shyamalan is officially back as one of the top genre filmmakers working today.
  For a second consecutive weekend his latest thriller, "Split," starring James McAvoy as a man with multiple personalities who has kidnapped three girls, tops the weekend box office.
  Taking in an estimated $26.3 million, according to Variety, that puts the movie's domestic total at around $78 million (the film was only made for $9 million).
  This follows Shyamalan's successful 2015 fa
  
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• A star tech and media banker shares his thoughts on dealmaking in 2017

  29-01-2017 16:16 via feedproxy.google.com
  
  Aryeh Bourkoff, the star tech, media, and telecom banker who founded the boutique bank LionTree, sees 2017 as a year of uncertainty.
  But it will also be ripe with opportunity, especially in the TMT and consumer spaces.
  That's the message Bourkoff gave his team in a year-end letter sent out in December.
  "Politics and technology can be destabilizing forces ... They challenge our economic and civil orders," Bourkoff, who is a former vice chairman at UBS, wrote.
  "I have always believed that in order
  
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• The incredible life of billionaire investing legend George Soros

  29-01-2017 15:33 via feedproxy.google.com
  
  George Soros, a billionaire investor whose net worth is valued at $25 billion, has been one of the most vociferous critics of President Donald Trump.
  He has an incredible backstory. Soros was a teenage Jewish refugee who barely escaped persecution by the Nazis, and he is now a philanthropist supporting the cause of refugees and a liberal world order.
  To those primarily interested in markets, he is better known for his long and prolific career as an investor who famously "broke the Bank of Englan
  
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• How to save America's broken retirement system, according to the man who revolutionized investing for Main Street

  29-01-2017 15:13 via feedproxy.google.com
  
  America is facing a retirement crisis.
  Over the past few decades, employers have slowly shifted responsibility for saving to employees rather than managing money directly for them and guaranteeing a payout in retirement.
  Many Americans don't know how much they need to save or the best ways to go about it. And about 60% of Americans have no savings in retirement accounts like 401(k)s or IRAs, according to a 2016 government study.
  The Obama administration last year passed a rule meant to protect r
  
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• Apple’s hidden multi-billion dollar business could be the star of Tuesday's earnings (AAPL)

  29-01-2017 15:00 via feedproxy.google.com
  
  Apple will announce its fiscal first quarter earnings on Tuesday afternoon. 
  Here's what you need to know, starting with Wall Street expectations, compiled from analyst estimates by Bloomberg: 
  Revenue: $77.4 billion, up slightly from $74.9 in the year-ago quarter.
  Adjusted EPS: $3.22, down slightly from $3.28 in the year-ago quarter. 
  Gross margin: 38.39%, down from 40.1% in the year-ago quarter. 
  iPhones sold: 76 million, up from 75 million in the year-ago qu
  
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• CARLOS SLIM: It's clear the government of Mexico is in a strong negotiating position

  29-01-2017 14:19 via feedproxy.google.com
  
  Mexican multi-billionaire Carlos Slim gave a rare press conference on Friday and called on all Mexicans and Mexican political parties to support President Enrique Peña Nieto in his negotiations with US President Donald Trump.
  Slim, who was for three years ranked the richest person in the world and who is typically press shy, said "a united Mexico" was ready to help the government negotiate, according to Reuters.
  Speaking in Spanish, Slim called Trump a "great negotiator" who represen
  
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• A top strategist explains who — if anyone — can threaten America's status as the global economic superpower

  29-01-2017 14:00 via feedproxy.google.com
  
  Viktor Shvets is Macquarie's head of global equity strategy and Asia-Pacific equity strategy.
  We recently spoke with him about who, if anyone, can threaten the United States' status as the global economic superpower. 
  This is part three of a series. Part one was a discussion on the populism that's sweeping the globe and the role technology has played and part two explored the biggest problem China faces.
  This interview was lightly edited for clarity.
  Jonathan Garber: What country
  
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• There are a lot of problems with Trump's 20% border tax idea

  29-01-2017 12:05 via feedproxy.google.com
  
  The tax could come in a broader tax reform bill and would be used to help pay for a border wall
  However, American consumers and companies may end up actually paying the tax
  The tax might not improve the US trade deficit as other countries respond
  On Thursday, President Donald Trump and his administration debuted a series of new economic talking points on trade.
  Trump, in a speech to Republican lawmakers in Philadelphia called for a change in the tax code to reduce trade deficits.
  "We’re w
  
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