Notes From the WEF: Cash Is Dead, Long Live Digital Cash

CoStar Group announced it plans to acquire Ten-X for $190 million in cash. Ten-X was launched in 2009 with the goal of providing a digital transaction platform for effectively liquidating the large volume of distressed co.....»»

Touchstone Sands Capital Institutional Growth Fund recently released its Q1 2020 Investor Letter, a copy of which you can download below. Th.....»»

As it attempts to extinguish the daily cash burn caused by the novel coronavirus pandemic, Delta has set an "iconic" line of long-haul jets for early retirement. In a memo to employees Thursday, Delta Airlines Inc. (NYSE: DAL) CEO Ed Bastian said th.....»»

Even before the coronavirus, the organization was hurtling toward the irrelevance that doomed its predecessors......»»

New Zealand’s central bank is looking for a Head of Money and Cash to focus "on the future of money” and be a "thought leader" for digital currency......»»

With the U.S. economy poised for a sharp rebound, it is time for policy to move from a "cash" rescue phase to focus on more long-term measures that can underpin growth, a top White House adviser said on Wednesday......»»

 Revenue of $261.4 million in Q1-20, up 6% sequentially GAAP net loss attributable to Apergy of $659.5 million in Q1-20, which includes a non-cash pre-tax charge of $682.8 million related to the impairment of goodwill and long-lived asset.....»»

Implementing these fixes will save you cold, hard cash all year long......»»

As the COVID-19 pandemic continues, many Americans need access to cash. But some options are better, in the long run, than others .....»»

Bundle, an Africa-focused social payments app for cash and cryptocurrencies, formally launched in Nigeria, allowing users to buy, sell, and store both fiat and digital currencies. read more.....»»

Ridofranz/Getty Images   Keeping cash on hand is important — it's liquid, which means you have immediate access to it when you need it. But should y.....»»

What does the current crisis mean for the value of actual cash, and how does it stack up to assets like bitcoin and gold?.....»»

  We'll keep this page updated with the biggest coronavirus headlines of the day. Scroll down for more information on each .....»»

Raytheon Technologies Corp (NYSE: RTX) is well positioned in the aerospace aftermarket and defense, which are the best end-markets in Industrials for long-term cash flow compounding and equity value creation, according to Goldma.....»»

Do we still need cash? Humans have used all sorts of things as stores of value — rare metals, strings of shells, even jugs of whiskey. Over time the objects have become more ephemeral, from coins to paper to digital forms. Economists see great pa.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

The guru still believes cash is not an attractive investment for the long termCheck out Ray Dalio Stock Picks » Download GuruFolio Report of Ray Dalio (Updated on 04/12/2020)Related Stocks: XOM, BAC,.....»»

The city was the first to adopt direct cash handouts. Its long-term wage subsidies may be another harbinger......»»

Millions of freelance workers who qualify for extra cash under the CARES Act may be in for a long wait......»»

Slack Technologies Inc. said it plans to sell $600 million worth of convertible senior notes, due 2025. The busineess communication company said the notes will be convertible to cash, shares of common stock, or a combination .....»»