Many financial institutions worked furiously to overturn the "fiduciary" rule promulgated by President Barack Obama's Department of Labor, and now they may be quietly relieved with the recently proposed "best interest" rule from the U.S. Securities and Exchange Commission (SEC). Should investors also be relieved -- or wary? The proposed SEC standard, if finalized in its current form, could make shopping for financial advice trickier for unsuspecting investors. The rule would require brokers to act in the best interest of their customers when making recommendations regarding insurance or investment products. But it doesn't provide specifics about exactly how brokers are supposed to act in their customers' best interest. The proposal also relies on brokers to disclose potential conflicts of interest to their customers, which assumes customers will be able to understand these disclosures and make informed choices. That's a pretty significant -- and potentially naïve -- assumption. … [Read more...] about What the SEC’s “best interest” rule for advisers won’t do for investors
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Becky Vaughn-Furlow Careers Published 12:00 p.m. UTC Jul 28, 2018 How can we define what makes a good employee? What are employers looking for when separating average workers from the best and brightest? Every company has unique needs according to the type of business they operate and also the desired characteristics needed may differ by position. Here are common traits employers are seeking in their employees: Honesty is crucial as a trait for the successful employee. Businesses today deal with dishonesty from employees and customers. It is a growing cost to businesses. Shoplifting, fraud and embezzlement cost firms of all kinds and sizes. A global specialty insurer, Hiscox, conducted a study that revealed that embezzlement alone costs firms an average of $1.13 million annually. Statistic Brain reports that employee thefts cost businesses $50 billion annually. A strong work ethic tied for first place in the qualities hiring managers look for in a candidate, according to … [Read more...] about What qualities do employers look for in their workers?
Esha Dey and Richard Clough, Bloomberg Published 9:13 am PDT, Thursday, July 19, 2018 Photo: Bloomberg Photo By Aaron M. Sprecher. Image 1of/1 CaptionClose Image 1 of 1 The General Electric logo at the company's 2010 annual meeting in Houston. The General Electric logo at the company's 2010 annual meeting in Houston. Photo: Bloomberg Photo By Aaron M. Sprecher. GE investors looking for calm this quarter after painful slide 1 / 1 Back to Gallery Don't be surprised if there are fewer fireworks than usual when General Electric briefs investors on Friday. As the troubled manufacturer gears up to report second-quarter earnings, shareholders are looking for something resembling a return to normalcy, including a reaffirmed outlook and, hopefully, no more nasty surprises. Even better if there are signs that the … [Read more...] about GE investors looking for calm this quarter after painful slide
LAS VEGAS, July 02, 2018 (GLOBE NEWSWIRE) -- Globe Photos, Inc. (OTC:GBPT), a marketer and distributor of vintage Iconic Pop Culture images for the art, editorial and commercial markets, has introduced Celebrity Vault Gallery, a turn-key photographic art business opportunity for fine art galleries, interior decorators, home furnishing stores and other retailers. /EIN News/ -- The Celebrity Vault Gallery can be operated either as a free-standing location or a store-within-a-store concept for existing galleries and retail establishments. The concept includes gallery walls that display dozens of iconic images from Globe Photos’ vast pop culture image library. The prints can be purchased and offered framed or unframed. Available imagery includes stars from the golden age of Hollywood, legendary musicians, award-winning films, sports heroes, political figures and celebrities, such as Marilyn Monroe, James Dean, Jimi Hendrix, the Beatles and many others. “The introduction of … [Read more...] about Globe Photos Introduces Celebrity Vault Gallery Store-within-a-Store Business Opportunity for Retailers, Featuring Fine Art Photography of Pop-Culture Celebrity Icons
Outlines Development of Battery-Graphite Manufacturing Business in Alabama Producing Advanced, High Quality and High Margin Graphite Products for Battery Manufacturers CENTENNIAL, Colo., June 26, 2018 (GLOBE NEWSWIRE) -- Westwater Resources, Inc. (“Westwater,” or the “Company”) (Nasdaq:WWR), a green energy materials development company, announced today that it has issued its business plan for producing advanced graphite products for battery manufacturers through its wholly-owned subsidiary Alabama Graphite Company, Inc. (AGC). The AGC business plan can be found on Westwater’s website: www.westwaterresources.net. On April 23, 2018, Westwater acquired AGC as part of a strategic decision to refocus the Company to supply battery manufacturers with low-cost, advanced, high-quality, and high-margin graphite products. The principal asset acquired is the Coosa Graphite Project (“Coosa Project”), which includes the Coosa Graphite mine located … [Read more...] about Westwater Resources Publishes Optimized Business Plan for the Coosa Graphite Project