Bank of America has agreed to pay US$72.5 million to settle a class-action lawsuit alleging that the bank facilitated a sex-trafficking ring orchestrated by Jeffrey Epstein, court documents showed on Friday. Bank of America said separately that while it continued to deny supporting Epstein’s crimes, “this resolution allows us to put this matter behind us and provides further closure for the plaint...
Bank of America has agreed to pay US$72.5 million to settle a class-action lawsuit alleging that the bank facilitated a sex-trafficking ring orchestrated by Jeffrey Epstein, court documents showed on Friday. Bank of America said separately that while it continued to deny supporting Epstein’s crimes, “this resolution allows us to put this matter behind us and provides further closure for the plaintiffs”. The suit, filed by an unidentified woman on behalf of herself and other alleged victims,...
Investment opportunities in cutting-edge technologies are increasingly concentrated in mainland China and Hong Kong, according to Clara Chan Ka-chai, CEO of the Hong Kong Investment Corporation (HKIC). As the Hong Kong government’s investment arm, the HKIC aimed to play a stronger role in attracting capital into high-potential projects and scaling investments through broader funding participation,...
Investment opportunities in cutting-edge technologies are increasingly concentrated in mainland China and Hong Kong, according to Clara Chan Ka-chai, CEO of the Hong Kong Investment Corporation (HKIC). As the Hong Kong government’s investment arm, the HKIC aimed to play a stronger role in attracting capital into high-potential projects and scaling investments through broader funding participation, Chan said during a panel session at the Boao Forum for Asia on Friday. Founded in 2022, the HKIC...
From a big-picture perspective, Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) is a thematic investment focused on dividend-paying stocks. That, however, is very different from, say, a sector-focused exchange-traded fund. And it changes the equation when you consider the popularity of Schwab U.S. Dividend Equity ETF, which manages a huge $85 billion of assets. Schwab U.S. Dividend Equity ETF does...
From a big-picture perspective, Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) is a thematic investment focused on dividend-paying stocks. That, however, is very different from, say, a sector-focused exchange-traded fund. And it changes the equation when you consider the popularity of Schwab U.S. Dividend Equity ETF, which manages a huge $85 billion of assets. Schwab U.S. Dividend Equity ETF does not follow a specific sector or invest in a specific niche (such as artificial intelligence stocks ). It uses fundamental screens to build a diversified portfolio that gets updated annually. The focus on dividends will bias the portfolio toward certain sectors and away from others, but the screening process dictates which assets get into the ETF. Image source: Getty Images. Continue reading
In recent days, a Los Angeles jury found Alphabet’s Google negligent for designing YouTube in ways that contributed to social media addiction harms, awarding several million dollars in damages and opening the door to thousands of similar product-liability lawsuits focused on platform design and youth mental health. The verdict, which plaintiffs compare to earlier fights against Big Tobacco, direct...
In recent days, a Los Angeles jury found Alphabet’s Google negligent for designing YouTube in ways that contributed to social media addiction harms, awarding several million dollars in damages and opening the door to thousands of similar product-liability lawsuits focused on platform design and youth mental health. The verdict, which plaintiffs compare to earlier fights against Big Tobacco, directly targets how Google’s engagement-driven features underpin its advertising business and could...
The average one-year price target for Shanghai Baosight Software Co. (SHSE:600845) has been revised to CN¥28.11 / share. This is an increase of 13.10% from the prior estimate of CN¥24.86 dated February 21, 2026. The price target is an average of many targets p
The average one-year price target for Shanghai Baosight Software Co. (SHSE:600845) has been revised to CN¥28.11 / share. This is an increase of 13.10% from the prior estimate of CN¥24.86 dated February 21, 2026. The price target is an average of many targets p