Jenny Bags Rossbach

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5 Fintech Startups To Watch In 2017

After a glum 2016, look for startups tackling massive opportunities like insurance and real estate to reenergize the fintech sector.<p>For fintech, 2016 was a year of reckoning. Scandals and layoffs killed industry buzz, and deal activity took a mid-year nosedive. Regulatory uncertainty in the U.S. …

The Superdiversified 10-Fund Portfolio

<i>To make your portfolio safer, reach across the globe.</i><p>Big caps, small caps, bonds, a touch of international stocks—you think you’re diversified. You probably aren’t. How much have you allocated to British real estate? Where’s your gold?<p>Investors make two very big mistakes when they put together a …

Investing

American Airlines Pilot Union Says Management Pilot Bonuses Far Exceed Line Pilot Profit Sharing

American Airlines pilots’ union says it has learned that while pilots are likely to receive profit sharing payments equal to about 3% of their 2016 salaries, the airline’s management pilots will receive payouts as high as 55%.<p>The payout for the highest level management pilots could total $192,000, …

American Airlines

Snap doubled its acquisitions in 2016 as it builds toward IPO

As much of the world was welcoming Santa Claus down their chimneys, news emerged this week that Snap, the company behind perennially popular social network Snapchat, had acquired augmented reality (AR) startup Cimagine Media for “up to” $40 million.<p>Founded in 2012, Cimagine works on computer vision …

Mergers & Acquisitions

Snapchat has quietly acquired an Israeli startup for a reported $30 million to $40 million

Snapchat sewed up its first acquisition in Israel this week, according to the outlet Calcalist News. It acquired four-year-old Cimagine, whose augmented reality platform lets consumers instantly visualize products they want to buy in their intended location, paying what Calcalist says was between …

8 stocks are leading the way for the Dow

The dream of Dow 20,000 is nearly a reality. A handful of stocks sped the march.<p>Eight stocks in the Dow Jones industrial average, including Goldman Sachs (GS), Travelers (TRV) and UnitedHealth (UNH), added 40 or more Dow points to the market measure apiece — making them the biggest contributors to …

Stock Markets

4 Biotech Stocks to Buy in January

When an entire sector goes on sale it tends to create bargains. There's no doubt that the biotech sector has the blue-light special flashing right now, as it has massively underperformed the <b>S&P 500</b> year to date. Knowing that, we asked a team of healthcare contributors to highlight a biotech stock …

Biotechnology