Why the Zillow Group plummeted nearly 15% this week
What happened The housing market may be sputtering, so investors worry about the prospects of the online real estate company. Zillow Group (Z -5.88%) (ZG -5.98%). As a result, both classes of the company’s shares fell nearly 15% in price over the course of this trading week, according to data compiled by S&P Global Market Intelligence. And what Zillow publishes regular updates on the U.S. housing market, and the most recent one (released Thursday morning) was not encouraging. The company’s Zillow Home Value Index showed that in July, US home values fell marginally by 0.1% compared to June. Now, while…
Read More »Disgraced South Carolina attorney Alex Murdaugh faces new financial charges | news
The South Carolina State Grand Jury issued new charges against the disgraced former attorney Alex Murdaughabout a month after he pleaded not guilty to murder charges in the killings of his wife and son. Murdaugh was charged with four counts of obtaining signature or property by false pretense worth $10,000 or more; two counts of money laundering with a value of $20,000 – $100,000; one count of money laundering with a value of $100,000 or more; and two counts of computer crime with a value of more than $10,000, according to a Friday news release from South Carolina Attorney General…
Read More »Reuters to expand its team in India; names BQ Prime’s Ira Dugal as financial news editor
Ira Dugal Reuters announced on Friday that it will significantly increase its news coverage of India, more than doubling the number of Reuters journalists covering India. The move marks a significant expansion of Reuters’ coverage of local foreign exchange, fixed income and equity markets, government policy, the regulatory landscape and public companies to provide the primary news service for Refinitiv’s clients in India . The deadline for entries to the Rising Star Awards 2022 has been extended to August 29. ENTER NOW Teams in Reuters India offices will produce a steady stream of quick alerts, exclusives, interviews, analysis and trending…
Read More »EY partners gather at luxury hotel as uncertainty continues over firm split
EY UK partners gathered last month at the five-star Royal Lancaster Hotel near Hyde Park in west London for a sales presentation by their senior leaders on the multibillion-dollar break-up of the company Security guards were on hand to prevent intruders from attending the top-secret briefing, which EY global chairman and chief executive Carmine Di Sibio addressed via video link, according to a member who attended. Hywel Ball, Senior Partner, EY UK, Omar Ali, Managing Partner, Financial Services, EMEIA, Anna Anthony, Managing Partner, UK Financial Services, and Alison Kay, UK Managing Partner, Client Services, also they talked about the virtues…
Read More »Disgraced South Carolina attorney Alex Murdaugh faces new financial charges
By Maria Cartaya and Christina Maxouris, CNN The South Carolina State Grand Jury issued new charges against the disgraced former attorney Alex Murdaughabout a month after he pleaded not guilty to murder charges in the killings of his wife and son. Murdaugh was charged with four counts of obtaining signature or property by false pretense worth $10,000 or more; two counts of money laundering with a value of $20,000 to $100,000; one count of money laundering with a value of $100,000 or more; and two counts of computer crime with a value of more than $10,000, according to a Friday…
Read More »TaskUs Named a Significant Competitor in Everest Group’s PEAK Matrix® for Financial Crime and Compliance Operations – Services
NEW BRAUNFELS, Texas–(BUSINESS THREAD)–TaskUs, Inc. (Nasdaq: TASK), a provider of outsourced digital services and next-generation customer experience for fast-growing technology companies, was recognized as a top contender in Everest Group’s Financial Crime and Compliance (FCC) operations – PEAK Matrix® Assessment 2022 Services Everest Group is a provider of strategic research information on IT, business process and engineering services and a leading global BPO research firm. TaskUs scored impressively in the assessment report’s two assessment dimensions: Market Impact and Vision and Capability, ahead of the more established organizations reviewed in this year’s FCC candidate assessment main Named the fastest growing BPS…
Read More »Federal government gives financial boost to Allentown, Bethlehem and Easton fire departments | Lehigh Valley Regional News
ALLENTOWN, Pa. – Allentown, Bethlehem and Easton fire departments will receive grants to help them better protect the public and emergency personnel. U.S. Representative Susan Wild announced more than $457,000 in federal fire operations and safety grants Friday. Wild’s office says the money will help fund essential resources needed to equip and train emergency personnel, improve response capabilities, support community resilience, and protect public health and safety and of emergency personnel from fires and other related hazards. The Bethlehem Fire Department will receive nearly $335,000, while the Emmaus Fire Department will receive more than $95,000. The Allentown Fire Department will…
Read More »The exodus from Hong Kong may threaten the city’s overall financial status
washington – The record exodus of Hong Kongers over the past 12 months is raising concerns that the island’s status as a global financial center could be at risk. More than 113,000 residents left the territory last year, which represents a population decline of 1.6%. It is the biggest drop in Hong Kong’s population since record-keeping began more than 60 years ago. Between 2020 and 2021, 89,200 people—or 0.3%—left the city, and 20,900 people left the countryside from 2019 to 2020. The city’s population has grown from 7.41 million in mid-2021 to 7.29 million by mid-2022, according to the latest…
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