Personal Capital Honors National Financial Planning Month Through New Strategic Partnerships and “Financial Heroes” Campaign | News

REDWOOD SHORES, Calif., Sept. 29, 2020 /PRNewswire/ — Personal Capital, an Empower Company, a remote-first, industry-leading digital wealth manager, unveiled today it’s “Financial Heroes” campaign in an effort to promote financial literacy and financial empowerment. The campaign will coincide with National Financial Planning Month in October to bring awareness to the importance of having a solid financial plan and access to resources, especially in times of crisis. 

The company announced strategic partnerships with 2x Pro Basketball All-Star Baron Davis and CEO of travel experiences company Peek.com, Ruzwana Bashir. The pair will be the new faces of the integrated campaign which will include print and online advertising, content and virtual events.

“To partner with Davis and Bashir was an easy decision,” said Porter Gale, Chief Marketing Officer at Personal Capital. “Money continues to be a taboo subject, and through the platforms of Davis and Bashir, and their passion

Read More

Mayor Ketron’s daughter unsuccessfully applies for county jobs | News

Rutherford County Mayor Bill Ketron’s daughter, Kelsey Ketron Randolph, who is on probation on charges related to an investigation of the family’s insurance business, unsuccessfully applied for two jobs in the county property assessor’s office, according to public records and a county official.

One state official said Ketron Randolph should not be working in any job connected to her father.

Ketron Randolph is serving eight years’ probation after having pled no contest to various charges including fraud, forgery and theft related to having worked as vice president of her father’s insurance firm; some of that work happened while her license was inactive.

The Murfreesboro Post obtained copies of two job applications she submitted for openings in the property assessor’s office – Administrative Support II and Appraiser I – Real Property.

The DA’s response

Bruce Garner is the communications director for the 11th Judicial District in Hamilton County, the district attorney’s

Read More

Colorado Springs military contractors mostly untouched by COVID job losses | Colorado Springs News

Even as the COVID-19 battered the Colorado Springs economy, costing tens of thousands of jobs, the defense contracting industry stayed strong.

Why? Thank U.S. Space Command and the new Space Force, at least in part. The arrival of the joint command, the creation of the new military branch and a greater emphasis on space have triggered a major wave of growth for local defense contractors.


Competitors in 25 states woo U.S. Space Command, but local leader remains confident

Industry officials say the defense industry is thriving in Colorado Springs, where more than a third of the local economy depends on military spending, because the U.S. Space Command is based at Peterson Air Force Base, at least temporarily, and much of the operations of the new Space Force also are spread across area bases.

“The opportunity (from U.S. Space Force and U.S. Space Command) is on par with when NorthCom (U.S.

Read More

At The Movies: The Personal History Of David Copperfield, Deliver Us From Evil, I’m Livin’ It, and more, Entertainment News & Top Stories

THE PERSONAL HISTORY OF DAVID COPPERFIELD

The infectiously joyful The Personal History Of David Copperfield offers a rare combination of factors: beautiful dialogue spoken by good actors; editing that makes the two-hour film feel like 60 minutes; and a storytelling style that feels modern and meta while staying true to – and sincerely in love with – its source material.

The work comes from British film-maker Armando Iannucci, best known for acid-etched portraits of political figures (BBC series The Thick Of It, 2005 to 2012; HBO series Veep, 2012 to 2015). But when he is not making parodies of politics or society, he is also a Dickensophile, having written and presented a documentary on the English writer in 2012, Armando’s Tale Of Charles Dickens.

“The true Dickensian world is our world,” says Iannucci in the documentary (available on YouTube). And to that end, he has cast British-Indian actor Dev Patel

Read More

TuanChe Announces Unaudited Second Quarter 2020 Financial Results | News

BEIJING, Sept. 18, 2020 /PRNewswire/ — TuanChe Limited (“TuanChe,” “Company,” “we” or “our”) (NASDAQ: TC), a leading omni-channel automotive marketplace in China, today announced its unaudited financial results for the second quarter ended June 30, 2020.

Key Second Quarter 2020 Financial and Operating Metrics Compared with the Prior Year Period

The Company’s financial and operational results for the second quarter of 2020 have been materially and adversely impacted by the COVID-19 pandemic:

  • Net revenues decreased by 73.1% to RMB54.7 million (US$7.7 million) from RMB203.5 million.
  • Gross profit decreased by 70.1% to RMB43.0 million (US$6.1 million) from RMB144.0 million. Gross margin increased to 78.6% from 70.8%.
  • Quarterly number of organized auto shows across China decreased by 82.3% from 344 in 186 cities to 61 in 56 cities. Quarterly number of special promotion events decreased by 48.7% from 154 to 79.
  • Quarterly number
Read More

Yeahka Announces 2020 Interim Results, Technology-enabled Business Services Realized Rapid Growth in Revenue and its Customer Base, Business News

HONG KONG, Aug. 27, 2020 /PRNewswire/ — Yeahka Limited (“Yeahka” or the “Company”, Stock Code: 9923), the leading payment-based technology platform in China, is pleased to announce the unaudited consolidated results for the six months ended June 30, 2020 (the “Period” or the “Reporting Period”).

Mr. Luke Liu, Chairman of the Board, Chief Executive Officer and Executive Director of the Company, said: “In the first half of the year, the covid-19 Pandemic triggered offline merchants to jump-start their digitalization process and the demand for technology services among China’s small and micro sized merchants has been increasing rapidly. Guided by our mission to ‘continuously create value for merchants and consumers’, we focused on the needs of millions of small and micro merchants in China, using payment services as the entry point to strengthen our technology platforms, to provide merchants with comprehensive technology-enabled business services. We continued

Read More

Indian Companies Raise Record $31 Billion Equity Capital in Shrinking Economy | Investing News

By Scott Murdoch and Patturaja Murugaboopathy

HONG KONG/BENGALURU (Reuters) – Indian companies have raised a record $31 billion in equity capital in 2020, Refinitiv data showed, as banks strengthen their balance sheets to prepare for future economic uncertainty and corporates tap into the elevated global liquidity levels.

The record raising comes despite India’s economy contracting 23.9% in the June-quarter, year on year, which puts it on track for the first annual contraction since 1980.

The rush of deals though has not been extended to initial public offerings (IPOs), which have fallen to a five-year low to be worth just $1.5 billion, in the eight months year to date, the data showed.

(Graphic: Indian companies’ equity offerings, https://fingfx.thomsonreuters.com/gfx/mkt/xlbvglmewpq/equity%20offerings.jpg)

Banks have been the most active issuers, raising $13.68 billion, followed by the energy and power sector with $7.05 billion, and consumer products with $3.41 billion.

(Graphic: FII investments this year, https://fingfx.thomsonreuters.com/gfx/mkt/rlgvdoqzapo/FII%20investments.jpg)

Reliance

Read More

Virgin Australia Bondholders Withdraw Plans for Proposal to Rival Bain Capital Deal | Investing News

SYDNEY (Reuters) – Virgin Australia Holdings Ltd

bondholders have withdrawn plans for a proposed recapitalisation of the airline that was meant to rival one from U.S. private equity firm Bain Capital, a spokesman for the bondholders said on Friday.

Singapore’s Broad Peak and Hong Kong’s Tor Investment Management, which had proposed the rival deed of company arrangement (DOCA) to recapitalise the airline, hold around A$300 million ($216 million) of Virgin’s A$2 billion of unsecured bonds, part of nearly A$7 billion owed to creditors.

A court ruling this week makes it impossible to complete due diligence and present a substantially unconditional DOCA proposal to rival Bain’s at a creditors’ meeting on Sept. 4, the spokesman for the bondholders said.

Virgin Australia is in voluntary administration, the closest Australian equivalent to Chapter 11 bankruptcy provisions used to restructure companies in the United States.

Administrator Deloitte plans to issue a report to creditors

Read More

Exclusive: Belarus Won’t Introduce Capital Controls to Stop Rouble Slide – Central Bank | Investing News

MINSK (Reuters) – The Belarusian central bank will not introduce capital controls to prevent the depreciation of the Belarusian rouble as these would be counterproductive, central bank board member Dmitry Murin told Reuters on Tuesday.

A political crisis sparked by mass protests against President Alexander Lukashenko has dragged the rouble to record lows against the euro this week and sent Belarusians scrambling to buy foreign currency at exchange points. [nL8N2FQ1J2]

On Tuesday, the rouble weakened further, losing 1.2%-1.5% against the dollar and the euro. It has lost 30% so far this year against the euro

.
=

But the central bank is not contemplating imposing restrictions, Murin said, adding: “We believe that the introduction of restrictions will have the exact opposite effect.”

Asked if the National Bank of Belarus could return to the obligatory sale of foreign exchange earnings, introduce targeted sales of foreign currency, restrict deposits or foreign exchange

Read More

N.C. files for federal Lost Wages unemployment insurance benefits; payments may last just three weeks | Business News

A high-profile federal extended unemployment supplement may last just three weeks and provide only $300 a week to qualified unemployed and furloughed North Carolinians, the state Commerce Department said Thursday.

The state submitted its application for at least $321 million from what has become known as the Lost Wages Assistance program.

Lost Wages payments would be made retroactively for the weeks ending Aug. 1, Aug. 8 and Aug. 15.

“According to FEMA guidance, the agency will assess further distribution of funds” following the three-week dispersal, Commerce said in a news release.

President Donald Trump signed a form of an executive order that utilizes $44 billion in Federal Emergency Management Agency funding. Eleven states’ applications have been approved as of Thursday.

The Lost Wages assistance would be a short-term replacement for the $600 federal weekly UI supplement that was available from mid-April until July 26 when it was allowed to expire

Read More