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Statement from Diem Networks US Regarding Congressional Interest in Project

WASHINGTON, Oct. 19, 2021 /PRNewswire/ — “Diem welcomes the opportunity to engage with members of Congress on the robust controls we have spent two years building into our payment system. Unfortunately, today’s letter from lawmakers to Facebook misunderstands the relationship between Diem and Facebook. Diem is not Facebook. We are an independent organization, and Facebook’s […]

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Carnival Corporation & plc Announces Upsizing and Pricing of $2.0 Billion Senior Unsecured Notes due 2029, Funding Upcoming Debt Maturities

MIAMI, Oct. 19, 2021 /PRNewswire/ — Carnival Corporation & plc (NYSE/LSE: CCL;NYSE: CUK) today announced that Carnival Corporation (the “Company”) has priced the private offering of $2.0 billion aggregate principal amount of 6.000% senior unsecured notes due 2029 (the “Senior Unsecured Notes”). The aggregate principal amount of Senior Unsecured Notes to be issued was increased to […]

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FIBRA Prologis Declara Distribución del Trimestre

CIUDAD DE MÉXICO, 19 de octubre de 2021 /PRNewswire-HISPANIC PR WIRE/ — FIBRA Prologis (BMV: FIBRAPL 14) uno de los fideicomisos de inversión en bienes raíces líder en inversión y administración de inmuebles logísticos clase A en México, declaró hoy, una distribución en efectivo de Ps. 465.6 millones (US$ 22.8 millones), o Ps. 0.5483 por Certificado Bursátil […]

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FIBRA Prologis Declares Quarterly Distribution

MEXICO CITY, Oct. 19, 2021 /PRNewswire/ — FIBRA Prologis (BMV:FIBRAPL 14), a leading owner and operator of Class-A industrial real estate in Mexico, declared today a cash distribution of Ps. 465.6 million (US$ 22.8 million), or Ps. 0.5483 per Certificado Bursátil Fiduciario Inmobiliario (“CBFI”) (US$ 0.02688 per CBFI) related to the results of the second […]

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Aeromexico Reports 3Q21 Results

MEXICO CITY, Oct. 19, 2021 /PRNewswire/ — Grupo Aeromexico S.A.B. de C.V. (“Aeroméxico”) (BMV: AEROMEX), today reported its unaudited consolidated results for the third quarter 2021. KEY FINANCIAL HIGHLIGHTS FOR THE THIRD QUARTER 2021 On June 30th, 2020 Aeromexico announced that it and certain of its affiliates had filed voluntary Chapter 11 petitions in the […]

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Billionaire investor Carl Icahn thinks Bitcoin may be the best hedge for inflation

Billionaire investor Carl Icahn warned Tuesday that the next market crisis may be on the horizon, and Bitcoin could be the best hedge against inflation.With the United States government continuing to stimulate the economy, Icahn stated that he fears the dollar is becoming more devalued and that the price of goods is rising.“In the long run we are certainly going to hit the wall. I really think there will be a crisis the way we are going, the way we are printing money, the way we are going into inflation. If you look around you, you see inflation all around you and I don’t know how you deal with that in the long term.” Icahn said on Monday with CNBC. His comments were in line with Federal Reserve Chairman Jerome Powell who mentioned that inflation was rising along with supply issues:“As the economy continues to reopen and spending rebounds, we are seeing upward pressure on prices, particularly due to supply bottlenecks in some sectors,” Powell said in prepared remarks. “These effects have been larger and longer lasting than anticipated, but they will abate, and as they do, inflation is expected to drop back toward our longer-run 2% goal.”Icahn mentioned investing billions in cryptocurrencies this year, but still has not added a position in this market — at least not that he has stated publicly. Ryan Adams, founder of crypto investment firm Mythos Capital and Bankless, speculated that Icahn may have a position. The billionaire still believes there may be an alternative to investing in the stock market, and cryptocurrencies may be worth exploring:”We got a lot of smart guys working at Icahn & Company, and we just don’t understand bitcoin. I’m not saying it’s bad or good, I’m just saying we don’t understand it. We’re not going to invest in something we don’t get […] The jury is really out on whether bitcoin has intrinsic value or acts as a store of value. If inflation gets rampant, I guess it does have value. There are so many variables, it is a very difficult thing to invest in.”

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How to Leverage Your Network to Build a Thriving Business During a Pandemic – From a Distance, of Course

Opinions expressed by Entrepreneur contributors are their own. At a time marked by a lack of in-person connection, the power of networking has never been more critical. Despite social distancing provisions and the total shutdown of large in-person events and gatherings, entrepreneurs continued to find support, comradery and friendship through their networks. And as the impacts […]

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Entrepreneurs Must Capitalize on Multiple Online Platforms to Scale and Grow

Opinions expressed by Entrepreneur contributors are their own. If you’re running a business in 2021, you need to utilize the internet, and utilize it correctly. There are a number of online platforms, specifically social media platforms, that can assist entrepreneurs in scaling and growing, and therefore, succeeding, but how you use them is important. The […]

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Discover What It Takes to Scale an Online Business

Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. While it’s easier to start a business today than in years past, that doesn’t mean it’s easy altogether. Starting a business […]

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Happy Birthday, Riskalyze!

Bonus!  Watch CEO Aaron Klein prove he IS ready for primetime with February’s inaugural Video Fintech Report Card! It should come as no surprise that Ethical-Advisor.Com supports clear, consistent conversations with Wealth Management clients about the risks in their portfolios.  As an early-ish adopter, we were amazed by the conversations that Riskalyze facilitated.  Quarterly meetings, […]

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FBI Warning Healthcare Providers to Prepare for Ransomware Attacks

The Federal Bureau of Investigation (FBI) is warning hospitals and healthcare providers to brace for a deluge of ransomware attacks. The advisory, which was issued jointly with the Cybersecurity and Infrastructure Security Agency (CISA) and the Department of Health and Human Services (HHS), states that the agencies have “credible information” of an increased and imminent cybercrime threat […]

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What Should Businesses Expect under California’s Proposition 24?

Since taking effect on January 1, 2020, the CCPA has faced criticism from both business and consumer privacy groups due to its ambiguity. The Privacy Rights and Enforcement Act seeks to strengthen and clarify the CCPA, as well as establish a dedicated enforcement agency. California Consumer Privacy Act Former Gov. Jerry Brown signed the California Consumer […]

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Is NYDFS Targeting Social Media for Its Next Round of Cyber Regulations?

Is NYDFS Targeting Social Media for Its Next Round of Cyber Regulations? After adopting comprehensive cybersecurity regulations for financial services companies, the New York State Department of Financial Services (NYDFS) is now turning its attention to social media companies. The agency recently concluded its investigation into the recent Twitter hack aimed at accounts of cryptocurrency firms and […]

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Las Vegas Sands Seeks To Be ‘Sans Vegas’ By Selling Vegas Strip Casino Resorts

Las Vegas Sands (LVS) is looking to sell its two hotel-casino properties on the Las Vegas Strip, as casinos and convention centers remain largely closed as the pandemic drags on. LVS stock  fell, with other casino stocks falling further. X A Sands spokesman confirmed that discussions have taken place, though nothing has been finalized, according […]

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Boeing To Report Another Tough Quarter But Watch For This Sign Of Improvement

Boeing (BA) is expected to report another tough quarter Wednesday amid the coronavirus pandemic and its 737 Max grounding. Boeing stock fell. X Estimates: Analysts expect a loss of $2.33 per share vs. a profit of $1.45 per share in the year-ago quarter. Revenue is seen falling 31% to $13.81 billion. Results: Check back tomorrow. A […]

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Crocs Earnings Run Past Views Again; Stock Rises

Specialty footwear company Crocs (CROX), fresh off its blockbuster collaboration with Justin Bieber, reported strong third-quarter earnings before Tuesday’s open. Crocs stock jumped. X Crocs Earnings Earnings: Analysts expected Crocs earnings to rise 19% to 68 cents a share, according to Zacks Investment Research. They saw revenue up 10% to $345.12 million, a 10% gain. […]

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