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Western Union in Frame for Moneygram Buy
Remittance giant Western Union became the latest name linked with a buyout of rival MoneyGram, which has been the subject of numerous acquisition attempts in the last four years.
- Categories
- Coronavirus, Finance
- Region
- North America
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Emerging Markets May Lead the Coronavirus Rebound
The latest version, published last week, startlingly predicts negative returns for cash and most bonds over the next seven years, and returns of less than 5% for all main classes of equity, with outright negative returns for U.S. large-caps. The only exception, for which GMO is expecting a return of more than 11%, is emerging market value stocks.
- Categories
- Coronavirus
- Region
- North America
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Press Release: The Visa Foundation Announces Grantees to Support COVID-19 Recovery in U.S. and Canada
The North America funding includes $1 million total towards hunger relief across the U.S. and Canada to Feeding America and Food Banks Canada, respectively. The additional funds will support first responders and health care workers, with grants to the American Red Cross and Direct Relief.
- Categories
- Coronavirus
- Region
- North America
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Press Release: Grameen America Launches Economic Relief and Recovery Fund for Low-Income, Women Small Business Owners in the Wake of COVID-19
Nonprofit microfinance organization Grameen America today announced that it has launched the Grameen America Economic Relief and Recovery Fund, with the goal of raising $72 million to provide essential capital and support to the low-income women entrepreneurs the organization serves.
- Categories
- Coronavirus
- Region
- North America
- Tags
- microfinance, nonprofits
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Report: Countries, Companies Risk Billions in Race for Coronavirus Vaccine
“The crisis in the world is so big that each of us will have to take maximum risk now to put this disease to a stop,” said Paul Stoffels, chief scientific officer at Johnson & Johnson, which has partnered with the U.S. government on a $1 billion investment to speed development and production of its still-unproven vaccine. “If it fails,” Stoffels told Reuters, “it will be bad.”
- Categories
- Coronavirus, Health Care
- Region
- North America
- Tags
- public health, vaccines
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Viewpoint: My Business Is ‘Essential.’ It Doesn’t Feel That Way.
The grocery check-out clerk, the child-care provider, and the gas-station attendant all have been asked to keep working in most places during the Covid-19 pandemic so that the police officer, the pilot, and the emergency-room nurse can get their jobs done.
- Categories
- Coronavirus
- Region
- North America
- Tags
- employment
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Viewpoint: My Plan B for All the Big Corporate Bailout Proposals
At the heart of my Plan B bailout proposal is an intriguing and relatively new legal structure called a “benefit corporation.”
- Categories
- Coronavirus
- Region
- North America
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Press Release: OpenInvest Closes $10.5 Million Series A1 Strategic Financing Round
The new strategic round of investment brings OpenInvest's total funding since launching in 2015 to $23.8 million and is expected to help accelerate their mission to power impact investing globally. According to estimates from The Forum for Sustainable and Responsible Investment, ESG investing has grown 38% in the last four years, with every major asset manager entering the market.
- Categories
- Investing, Technology
- Region
- North America
- Tags
- ESG, impact investing
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