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Hertz cut its revenue guidance because there are too many cars (HTZ)
Hertz shares dropped by as much as 8% in early trading on Monday after the company cut its guidance for US revenues.In a statement ahead of the opening bell, Hertz said an excess of cars is putting...
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A star broker from 'Million Dollar Listing New York' says this is the most...
These days, you can catch Ryan Serhant as one of three real estate agents selling multimillion-dollar homes on Bravo's hit show "Million Dollar Listing New York". But it wasn't always Serhant's dream...
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France seeks G20 tax haven blacklist, EU sanctions on evaders
PARIS (Reuters) - France will seek tougher EU sanctions on people who help to facilitate tax evasion and a G20 blacklist of uncooperative tax havens, the Finance Ministry said on Monday following the...
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Lawyers admit it was a 'mistake' to claim Alan Dershowitz had sex with an...
One of America's most famous lawyers, Alan Dershowitz, has settled a drawn-out legal battle with two lawyers who alleged he had sex with an underage girl who was allegedly being exploited by one of his...
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Fintech could be bigger than ATMs, PayPal, and Bitcoin combined
We’ve entered the most profound era of change for financial services companies since the 1970s brought us index mutual funds, discount brokers and ATMs.No firm is immune from the coming disruption and...
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Rupert Murdoch's $29 million West Village townhouse is back on the market...
Rupert Murdoch is turning into a property flipping mogul — or he's trying to, anyway.First he listed his One Madison penthouse in April of 2015 (which he'd only bought a year earlier and still has yet...
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Another huge bank heist in China is a warning that we're about to see its...
The last thing Chinese authorities need is for this to become a thing...Last week over $120 million in bank notes went missing from the Bank of Tianjin, a Chinese bank that was just listed on Hong...
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Tesla to voluntarily recall 2,700 Model X SUVs over seat issue
SAN FRANCISCO (Reuters) - Tesla Motors Inc said on Monday it was issuing a voluntary recall of 2,700 Model X sport utility vehicles in the United States due to a faulty locking hinge in the third-row...
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The hottest investment product is going to make mutual funds extinct
Mutual funds have been a standby of retirement plans for decades, helping to provide a less risky vehicle for people to grow their wealth.The time is coming, however, when low-cost exchange-traded...
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BI Intelligence is launching an exciting new coverage area experiencing...
Emerging technologies are disrupting all aspects of the finance industry, and things are not going to slow down any time soon. In fact, financial technology, or fintech, is such a hot topic right now...
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ANTI-MERGER MONDAY: What you need to know on Wall Street today
Finance Insider is Business Insider's midday summary of the top stories of the past 24 hours.To sign up, scroll to the bottom of this page and click "Get updates in your inbox," or click here.It's an...
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The FDA just approved a new cancer drug — here's what you need to know about...
The FDA just approved a brand new kind of cancer drug. The drug, called venetoclax, was approved to treat a subset of people with one of the most common forms of adult leukemia, a type of cancer that...
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There's an interesting reason why the Fed might not be able to hike rates in...
Deutsche Bank has an interesting argument for why the Federal Reserve may not be able to raise interest rates at all this year. In a note Monday, Deutsche Bank chief US economist Joe LaVorgna argues...
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REMITTANCES EXPLAINED: How funds are transferred across borders, and why...
Over the past few centuries, the world has become increasingly globalized. Immigrants are pouring into developed countries like the US, where many jobs pay higher rates than in their home markets. As...
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These 5 states tax their residents the most aggressively
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors.These 5 states tax their residents the most aggressively (WalletHub)In their...
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The Tesla Model X has been recalled (tsla)
On Monday, Tesla announced that it is recalling about 2,700 Model X SUVs in the United States because the vehicle's third-row seats could fail in a crash."We're doing this out of an abundance of safety...
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This one super-easy trick will tell you if a suit jacket is too big for you
It's nearly impossible to buy a suit off the rack and have it actually fit you. Suits must be tailored to fit your body in the sleeves, arms, legs, tail, and waist.The only place a suit can't be...
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Privacy, what privacy? Many Nordic tax records are a phone call away
By Alister Doyle and Alistair ScruttonOSLO/STOCKHOLM (Reuters) - When top earners' tax returns are published in Finland, they call it "national envy day". In Sweden, one phone call will get you your...
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AB Inbev offers concessions in bid to win EU okay for SABMiller buy
By Foo Yun Chee and Martinne GellerBRUSSELS/LONDON - Anheuser-Busch InBev has formally informed European Union antitrust regulators of its plan to sell SABMiller's premium European brands to try to...
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ATM fraud in the U.S. is growing at an alarming rate - and one area in...
This story was delivered to BI Intelligence "Payments Industry Insider" subscribers. To learn more and subscribe, please click here.Be extra careful the next time you take out cash.A new FICO study has...
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