Aaron Power-Bearden

354 Flips | 4 Magazines | 5 Likes | 37 Followers | @AaronPowerB2c09 | Keep up with Aaron Power-Bearden on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Aaron Power-Bearden”

Five Lessons From Some Of Today's Hottest, Billion-Dollar Startups

What makes the billion dollar startups so unique? The answer is distribution. They either create a whole new market, like Uber and Airbnb did with the sharing economy, or they massively disrupt existing markets, such as healthcare and finance. Here are five companies that made it into the “billion …

Here's Warren Buffett's 4-Point Strategy to Beat the Stock Market

You can apply these moves to your own portfolio.<p>Over the past couple of years, the market has been rather unpredictable. For example, who would have …

Tesla makes an offer to buy SolarCity, as Elon Musk consolidates his clean energy empire | Recode Daily: June 22, 2016

SolarCity shareholders love it. Tesla's? Not so much.<p>Tesla, the electric carmaker led by Elon Musk, is making an offer to buy SolarCity, the solar power company whose board chairman is Elon Musk. It's a way of consolidating Musk's clean energy efforts (Tesla's increasingly involved in …

SolarCity

Retiring GM Design Chief On Being Black and His Incredible 44-Year Legacy

Ed Welburn, GM’s vice president of global design, recently announced his retirement after 44 years at the company. Welburn is just the sixth design …

Bitcoin is being Bitcoin and spiking 30% this week and 200% this year

It feels like we only hear about Bitcoin when the price is either tanking or skyrocketing. And, since it’s currently skyrocketing, let’s talk about Bitcoin!<p>As of writing, Bitcoin is hovering around $745 per coin. It has only been worth this much twice before – once on the way up to the height of …

For One Breed of Wall Street Bankers, Business Is Booming Again

The job market is grim on Wall Street. Trading desks are shrinking, hiring is flat, even incentive pay is taking a hit. Except in one little corner …

Wall Street

The technology that is out to disrupt Wall Street has been overhyped

That's the message from Bob Garrison, the chief information officer at Depository Trust & Clearing Corporation (DTCC).<p>The blockchain, a kind of distributed ledger, promises to improve security, lower costs and increase the speed of transaction settlement. You can read a fuller explanation here.<p>Wall …

Wall Street

This Infographic Shows Just How Much of The Ocean We Don't See

We have so much left to discover.<p>People sometimes forget that oceans contain a lot more than the water you see just beneath the surface.<p>The depths …

Sir Richard Branson Hosts Blockchain Summit This Weekend

What is arguably the most exclusive blockchain industry conference, the Blockchain Summit, sponsored by the BitFury Group and MaiTai Global, kicks off its second annual event this Saturday on long-time innovator, futurist and entrepreneur Sir Richard Branson’s Necker Island in the Caribbean.<p>I was …

The Wall Street Golden Boy Who Allegedly Fleeced His Friends and Family

Groomed at Groton, Princeton, and Harvard Law, financial expert Andrew Caspersen had the trust of everyone around him. So why, as prosecutors allege, would he start a fraudulent investment that targeted his Wall Street buddies and even his own mother? William D. Cohan delves into the case and the …

Lululemon founder reveals he's made a fortune investing in Nike and Under Armour

He recently wrote an open letter to shareholders, since he wasn't permitted to speak out at a board meeting, saying that the company has "lost its way."<p>He said that Lululemon "cannot continue to cede the market opportunity we created to Under Armour and Nike."<p>Meanwhile, Wilson told Business Insider …

Under Armour

Former CEO of CalPERS is sentenced to prison for his 'spectacular breach of trust'

A federal judge Tuesday sentenced the former head of the California Public Employees' Retirement System to 4 1/2 years in prison after the former chief executive acknowledged accepting more than $200,000 in bribes and trying to steer investments to help an associate.<p>Senior U.S. District Judge …

Corruption

Here's the trailer for 'Equity,' the new movie about a badass female banker

"Orange Is the New Black" star Alysia Reiner is coproducing the film with Sarah Megan Thomas, and both are starring in it as well.<p>The film is about "a top female investment banker fighting to keep her Wall Street firm in the lead as she shepherds the IPO for an emerging tech company," according to …

Wall Street

Rise in Lending Shows the Weakness of Trump's Dodd-Frank Attacks

Regulation does not appear to be holding back the banks, or the economy, as much as Donald Trump thinks.<p>Bank lending rose by nearly $100 billion in …

Phil Mickelson, Tesla and high-frequency trading: WHAT YOU NEED TO KNOW ON WALL STREET

<b>To sign up, scroll to the bottom of this page and click "Get updates in your inbox," or click here.</b><p>It just doesn't look good.<p>On Wednesday morning, a Goldman Sachs analyst put out a bullish research note on Tesla. Later that day, Tesla announced it was selling $2 billion of shares. Working on the …

High-Frequency Trading

Who owns America's debt?

Donald Trump says he can "make a deal" on America's debt.<p>Last week, he implied that he could negotiate with America's creditors to get them to accept a lower rate of repayment, such as 85 cents for every dollar.<p>It sounds shrewd, until you think about who would get hurt under this scenario. Who …

Donald Trump

Zenefits Co-Founder Sold Stock Months Before Scandal

Parker Conrad sold $10 million of stock months before the public learned of compliance failures that led to his resignation. The new CEO says he has changed the company’s values. “Everyone’s shit stinks” is now “Put the customer first.”<p>Parker Conrad, the Zenefits co-founder who resigned in scandal …

Measure Your Startup's Success Beyond the Bottom Line - Small Business Trends

As a startup owner, you obviously want to figure out the best way to measure success. In the early stages of business ownership, financial gains are …

Florida seventh-best state for small business funding, Lendio says - Jacksonville Business Journal

By Cindy Barth <br>– Editor, Orlando Business Journal<p>May 9, 2016, 8:07am EDT<b><br>Updated</b> May 9, 2016, 8:11am EDT<p>Florida is among the top 10 states for small …

Commentary

Commentary: Paul Ebeling on Wall Street, Bulls Vs Bears, Support & Resistance<p>$DIA, $SPY, $QQQ, $VXX<p>The bulk of earnings are finished, The Walt Disney …

Is Blockchain Technology a Trojan Horse Behind Wall Street's Walled Garden?

At the Bitcoin/blockchain industry’s flagship annual conference, blue chip banks were out in force.

Blockchain

Labor Trade Off: Growth Slows, But the Quality of Jobs is Improving

Although the United States added fewer jobs than expected in April, there are good indications that those jobs pay more.<p>The Bureau of Labor Statistics said the labor market added 160,000 jobs in April, compared to 202,000 predicted by a Reuters survey. Economists attributed the shortfall to a …

Bill Ackman, Goldman Sachs and China: WHAT YOU NEED TO KNOW ON WALL STREET

<b>To sign up, scroll to the bottom of this page and click "Get updates in your inbox," or click here.</b><p>The US economy added 160,000 jobs in April, fewer than expected, as the unemployment rate held steady at 5.0%.<p>The good news is that more people are quitting their jobs, and that this is the jobs …

Markets

President Obama Asks Congress for Crackdown on International Tax Evasion

President Obama on Friday urged Congress to enact measures to combat tax evasion by corporations and the rich, citing the Panama Papers as evidence of widespread financial corruption.<p>Obama, in remarks that traced his efforts to steer the U.S. economy from collapse in 2009, acknowledged that many …

Goldman targets 'mass affluent' borrowers with unusual lending plan

NEW YORK (Reuters) - Goldman Sachs Group Inc (GS.N), the banking gold standard for the world’s elite, sees a future in less prosperous investors.<p>A screen displays the ticker symbol and information for Goldman Sachs on the floor of the New York Stock Exchange (NYSE) February 9, 2016. REUTERS/Brendan …

San Diego Republican mayor pushes plan to run on 100% renewable energy

California city’s bipartisan push to embrace clean energy such as solar and wind while paring back greenhouse gas emissions may be a model for rest of the US<p>As presidential nominees Ted Cruz and Donald Trump, respectively, call climate change a “religion” or a “bullshit … total hoax” dreamed up by …

San Diego

Everyone on Wall Street has gotten a little too excited about a 'game changer' technology

Y<p>Blockchain is the technology <i>behind</i> bitcoin. Wall Street wants to use blockchain to simplify the way it processes transactions.<p>It promises to improve security, lower costs and increase the speed of transaction settlement. You can read a fuller explanation here.<p>Goldman Sachs says the technology "has …

Morgan Stanley

Silicon Valley startups are terrified by a new idea: profits

In it, he's explained why the startup world is freaking out about a strange new idea they've never had to consider before: profits.<p>Gurley writes:<p>In Silicon Valley boardrooms, where "growth at all costs" had been the mantra for many years, people began to imagine a world where the cost of capital …

Venture Capital

The Edge: The $20 Bill Gets a New Face

Today in One Paragraph<p>Harriet Tubman will replace Andrew Jackson on the new $20 note. Three officials were charged in connection with the Flint water crisis. The five officers accused of killing unarmed civilians in the aftermath of Hurricane Katrina pleaded guilty. The Supreme Court ruled that …

Saudi Arabia

How Wall Street Profits From Student Debt

As the presidential primaries rumble on, the candidates — especially Bernie Sanders and Hillary Clinton — have debated college affordability and Wall …