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Financial business


Dec. 15 (Reuters) – Shares of Chinese healthcare and tech companies fell on Wednesday after a report the United States would add more Chinese companies, including the largest maker of commercial drones and biotech firms , to investment and export blacklists this week. The Financial Times reported, citing two sources with knowledge of the plans, …

Adobe on Monday unveiled its first comprehensive package of design software for non-professionals, directly targeting a booming market that has made Australian start-up Canva one of the world’s most valued private tech companies. The service includes versions of widely used professional design tools such as the Photoshop image editor, the Illustrator graphics tool, and the …

Representative Mikie Sherrill liquidated individual stocks in February 2020 to place the money in ETFs. But her husband still had stock trades through his work that they were supposed to disclose. She reported the transactions several months late and confirmed paying a fine. Rep. Mikie Sherrill, a Democrat from New Jersey, did not properly disclose …

A branch of the First Financial Bank in downtown Highland is pictured. Joseph S. Pete First Financial Bank plans to acquire Cincinnati-based Summit Funding Group, Inc., which is the nation’s fourth-largest equipment finance platform, for $ 121 million in cash and stocks. First Financial, based in Cincinnati, has several branches in Northwest Indiana, including Gary, …

Financial advisers may want to view cybersecurity as a critical issue on more than one level. While protecting customer data should be a priority, cyber attacks could also affect the investments they make on behalf of their customers. Basically, some businesses may be more prone to costly cyber attacks than others. “The sectors which, in …

Intel has announced plans to apply for a separate stock exchange listing for Mobileye, its driver assistance and autonomous vehicle unit, as it seeks to consolidate its stock price under the leadership of its chief executive Pat Gelsinger. The US chipmaker said listing would “unlock value” for its shareholders, but retain majority control of the …

BuzzFeed will continue with its ambitious plans to build an online media giant despite the exodus of nearly all investors from its Spac fund as it prepares to go public. Spac investors who went public with BuzzFeed withdrew 94% of their money, signaling skepticism about the media group’s prospects and how much the Spacs have …

NEW YORK–(COMMERCIAL THREAD) – DA Davidson & Co. announced today that it has been the exclusive financial advisor to Remarkable Health in connection with its sale to Netsmart, a leading provider of healthcare software and services solutions to help providers achieve providing comprehensive, value-oriented care. Remarkable Health is a software company focused on providing behavioral …

The UK market watchdog on Tuesday proposed a near-doubling of the fees it charges licensed companies to pay for technology that can detect and resolve problem businesses faster. The Financial Conduct Authority (FCA) has proposed that its minimum fee, which has remained largely unchanged over the past decade, would increase by 91%, from 1,151 pounds …

Virgil Abloh, an American designer known for bringing streetwear into luxury fashion and a rising star within the LVMH group, died of cancer at the age of 41, the company said on Sunday. Abloh, who had designed menswear for the Louis Vuitton brand since 2018, infusing lines with an acclaimed blend of athletic and couture …