Day: March 1, 2020

Steven Seagal Fined for Touting Cryptocurrency

Faded Hollywood action star Steven Seagal has agreed to pay $314,000 to settle fees from the Securities and Trade Fee that he violated anti-touting provisions of federal securities rules.

The SEC explained Seagal, whose films bundled “Above the Law”and “Out for Justice,” did not disclose payments he received for promoting an financial commitment in an original coin offering executed by Bitcoiin2Gen.

Regulators explained Seagal was promised $250,000 in cash and $750,000 really worth of B2G tokens for his do the job as a brand ambassador. He agreed to pay $157,000 in disgorgement and a $157,000 penalty. He also agreed not

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Airlines Brace for Profit Hit From Coronavirus

The coronavirus outbreak is increasing fears of a broad slowdown in vacation that could bring the U.S. airline industry’s very long run of profitability to an close.

U.S. airlines in 2019 posted their 10th consecutive year of profitability but their shares have now taken a strike as investors fret about the outbreak’s impact on need.

The NYSE Arca Airline Index, which tracks sixteen carriers in North The usa, Latin The usa and funds carrier Ryanair, has dropped additional than fifteen% this 7 days as of Wednesday’s near, placing it on speed for its biggest weekly percentage decline due to the

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CFOs On the Move: Week Ending February 28

Rick Paschal

TaylorMade Golfing Company appointed Rick Paschal as finance main. Prior to becoming a member of TaylorMade, Paschal expended 3 many years as CFO for sporting activities tools corporation Varsity Models. Prior to that, Paschal served far more than seven many years at vogue corporation Coach in a number of government economic and working roles, most notably involved in creating Coach’s worldwide portfolio. Prior to that, Paschal held government economic, business enterprise improvement, and method roles with a selection of businesses, which include Nestlé, Godiva, Pillsbury, and Häagen-Dazs.

Allison Dukes will join Invesco as deputy main economic officer on 

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Coronavirus: Five Things to Think About Before Closing the Books

The global dread made by the outbreak of coronavirus (COVID-19) is palpable. The virus has infected far more than eighty three,000 men and women in at minimum fifty three nations around the world, main to around the world pessimism in worldwide fiscal marketplaces. Thursday’s four.four% dip in the S&P 500 was the worst day for American shares considering that 2011, even though the Nikkei 225 in Japan shut down 3.seven%, the KOSPI in South Korea dropped 3.3%, and the Shanghai Composite in China fell 3.seven%.

Businesses around the globe are not just worried with community overall health, but the incredibly

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Delta CFO to Depart – CFO

Paul Jacobson

The main financial officer of Delta Airlines, Paul Jacobson, is retiring immediately after much more than two a long time with the airline.

Jacobson joined the business in 1997 as a financial analyst and was named CFO in 2012. He is envisioned to go away later this 12 months. Jacobson will continue being with the business though a replacement is picked out to assist with the changeover.

Delta did not give a rationale for Jacobson’s departure.

“While he will be deeply missed, I respect Paul’s conclusion, immediately after much more than two a long time of services to

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