GE Pension Failure Could Send Investors into Arms of Bitcoin

General Electric (GE) has decided to freeze its pension plan, removing two of the key features that have come to be associated with retirement savings – secure and guaranteed – for tens of thousands of employees. GE isn’t the first company to pull the plug, but as one of the oldest traditional companies in corporate …

Why Facebook & Goldman Sachs Keep Poaching Each Other’s Engineers

Some say that Silicon Valley is the new Wall Street, but could there be deeper reasons why tech companies like Facebook compete with banks like Goldman Sachs for engineers? It used to be banks that attracted the brightest. Before the financial crisis of 2008, Wall Street loved to hire mathematicians, physicists, and even rocket scientists …

Fortnite Leaders Dominate Day 1 of Champion Series Finals

The highly anticipated finals of the Fortnite Champion Series are in full swing, bringing together battle royale hopefuls from across the world who’ve toiled away for five consecutive weeks to secure a spot among each regions’ best players. On day one, the competition produced some high tier matches, brilliantly contested wins, dominance from Fortnite’s biggest …

Roku Stock Spirals Further Despite New 4K HDR Device Upgrades – CCN.com

The stock of streaming devices manufacturer and online media content aggregator Roku has emerged as Friday’s biggest premarket loser after dropping by over 4% just a day after releasing new devices. Streaming platform Roku recovers slightly then tumbles The stock had on Thursday slightly recovered from a double-digit tumble recorded on Wednesday but has now …

Microsoft Stock Blows Away Critics With Huge Buyback Plan – CCN.com

Quick, guess the world’s most valuable company? Apple, Facebook, Google? It’s none of those. Instead, Microsoft has claimed the title. The software giant is now worth $1.1 trillion, narrowly edging out Apple for the top spot. And Microsoft’s lead is likely to grow in the coming days. That’s because the company just announced a huge …

Rapper Nas & the No-Good-Very-Bad Payday Loan Investment – CCN.com

Nas wasn’t wrong to back a fintech product designed to disrupt the payday loan industry. He just threw his weight behind the wrong one. | Source: Shutterstock Famed rapper Nasir Jones (“Nas”) made a poor choice in backing a revolutionary new financial services product that provides “earned wage access” to employees. A variety of earned …