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Rockland Trust"s Rachael Aiken Likes Both Mastercard And Visa Stocks

Mastercard Inc (NYSE: MA) and Visa Inc (NYSE: V) will both benefit from a resurgence in spending and a shift to e-commerce, Rockland Trust's Rachael Aiken said Monday on CNBC's "Power Lunch." read more.....»»

Category: blogSource: benzingaMay 24th, 2021

Blue Origin’s loss to SpaceX on the lunar lander contract may get Congress to do something it hadn’t done before: Give NASA extra money

Sen. Maria Cantwell proposed spending an additional $10 billion on NASA's moon program in a move that calls on the space agency to select a second company to build a lunar lander......»»

Category: topSource: washpostMay 12th, 2021

Blue Origin’s loss to SpaceX on the lunar lander contract may get Congress to do something it hadn’t done before, give NASA more money

Sen. Maria Cantwell proposed spending an additional $10 billion on NASA's moon program in a move that calls on the space agency to select a second company to build a lunar lander......»»

Category: topSource: washpostMay 12th, 2021

Bill and Melinda Gates are getting divorced. Here"s a look inside their 27-year marriage, from meeting at work, to having 3 kids, to spending $45 billion on philanthropy.

Bill and Melinda Gates are worth over $100 billion and raised three kids d.....»»

Category: topSource: businessinsiderMay 3rd, 2021

The Ratings Game: Amazon sales are soaring but Whole Foods is a weak link

Amazon's net income for the 12 months ending March 31 was a stunning $26.9 billion with the pandemic fueling e-commerce spending......»»

Category: topSource: marketwatchMay 3rd, 2021

Exxon posts $2.7B quarterly profit after unprecedented year

Exxon Mobil reported a quarterly profit of $2.73 billion, despite facing major spending reductions as a result of the pandemic......»»

Category: topSource: foxnewsApr 30th, 2021

Visa sees pandemic "storm" clearing

Visa Inc is emerging from the COVID-19 pandemic, its top boss said on Tuesday, as a surge in online shopping helped the world's biggest payment processor beat Wall Street estimates for quarterly profit and counter sluggish travel spending......»»

Category: topSource: foxnewsApr 27th, 2021

Intel"s $20B Capex Plans Could Affect Q1 Results: WSJ

Intel Corp’s (NASDAQ: INTC) quarterly sales and profit estimates are estimated to take a hit following CEO Pat Gelsinger’s aggressive $20 billion spending commitment for two new Arizona semiconductor p.....»»

Category: earningsSource: benzingaApr 22nd, 2021

Spending at US retailers rockets 9.8% higher as stimulus supercharges reopening

The bounce nearly doubled the median estimate for a 5.8% gain and places sales at their highest level since data collection began in 1992. AaronP/Bauer-Griffin/GC Images US retail sales surged 9.8% in March to a record $619.1 billion, the.....»»

Category: topSource: businessinsiderApr 15th, 2021

Bernie Sanders expresses "serious concerns" over Biden proposal for modest increase in Pentagon spending

Sanders, head of the Senate Budget Committee, criticized the $753 billion proposal, saying we must examine "waste and fraud" at the Pentagon. Sen. Bernie Sanders said he has "serious concerns" about the Biden administration'.....»»

Category: dealsSource: nytApr 9th, 2021

Target commits to spending $2 billion with Black companies by 2025

Target Corp. said Wednesday that it will spend more than $2 billion with Black-owned businesses by 2025. Target s.....»»

Category: topSource: marketwatchApr 7th, 2021

Amtrak releases map of expanded US rail network it says it can build with $80 billion from Biden"s infrastructure plan

President Biden on Wednesday unveiled his $2 trillion plan, which includes federal spending on infrastructure like roads, bridges, and ports. The new map made by Amtrak. Amtrak Amtrak has released a map of a proposed expanded US rail netwo.....»»

Category: smallbizSource: nytApr 1st, 2021

The Funded: Plaid could be worth as much as $15 billion in a new funding round — nearly triple what Visa was going to pay

A rich valuation deal for San Francisco fintech Plaid tops Bay Area startup and venture news at the end of the week......»»

Category: topSource: bizjournalsMar 19th, 2021

London Markets: February deficit hits record high as U.K. public finances worsen

Public sector borrowing hit a new high in February, with the U.K. government borrowing £19.1 billion ($26.6 billion) last month, as spending on measures amid the COVID-19 pandemic continued while tax receipts fell......»»

Category: topSource: marketwatchMar 19th, 2021

The pandemic boosted US e-commerce spending by $183 billion - equivalent to an extra holiday season

The extra spending was.....»»

Category: worldSource: nytMar 15th, 2021

China"s plans to boost military spending may make its neighbors even more uneasy

Chinese defense funding will reach US$209 billion in 2021, and Premier Li Keqiang says the military will get a training boost. .....»»

Category: worldSource: nytMar 7th, 2021

Global government IT spending to grow 5% in 2021, says Gartner

Worldwide government IT spending is forecast to total US$483 billion in 2021, an increase of 5.1% from 2020, according to Gartner......»»

Category: topSource: digitimesFeb 26th, 2021

: Verizon spends $45 billion in major 5G spectrum auction, while AT&T spends $23 billion

Verizon Communications Inc. was overwhelmingly the largest bidder in a crucial 5G auction, spending $45.5 billion or more than half the auction's total sum......»»

Category: topSource: marketwatchFeb 24th, 2021

Home Depot"s Q4 sales jumped 25% to $32.3 billion, beating analyst estimates, but it said future consumer spending remained uncertain

Home Depot posted $132.1 billion in total sales for the 2020 fiscal year - a jump of 19.9% year-over-year. Nicholas Kamm/AFP via Getty Images Home Depot on Tuesday posted a 25.1% spike in f.....»»

Category: topSource: businessinsiderFeb 23rd, 2021

What Duke Energy"s plans for $60B in capital spending means for business in the Carolinas

The Charlotte-based energy giant is spending $60 billion to ready for rapid changes in the market. Here's how it could pay off for the Carolinas......»»

Category: topSource: bizjournalsFeb 20th, 2021