News 

Capital One Launches Savor Card For Foodies

“In addition to cash back, the Savor Card offers a $150 bonus reward when the consumer spends at least $500 using the credit card within three months of opening an account, with no annual fee and no minimum purchase amounts necessary to earn cash back through use of the card” reports pymnts.com. Like other Capital One credit cards, consumers incur no transaction fees when using the card abroad. Source: pymnts.com Share This:

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Weinstein Company Agrees to a Rescue Investment From Colony Capital

“In a short statement, the Weinstein Company said that it had a preliminary agreement from Colony for an immediate cash infusion” writes Michael J for nytimes.com. The Weinstein Company said on Monday that it had agreed to a financial lifeline from Colony Capital, securing vital cash as the embattled studio reels from the growing scandals surrounding its co-founder, Harvey Weinstein.Barrack, who made his fortune in real estate, is no stranger to media investments. Source: nytimes.com Share This:

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The Financial Data Goldmine Of Order-To-Cash

“Usually, manual cash application is very error-prone, whereas in automated, AI-based application, accuracy rates reach more than 95, 96 percent” reports pymnts.com. Order-to-cash is an area of cash flow management that has the potential to significantly enhance a business’s financial performance.But ongoing reliance on paper invoices, continuing acceptance of paper checks and evolving business models are preventing companies – especially large multinationals – from grasping the power of data analytics to strategically take control of order-to-cash.All of those aspects impact cash flow for the company.” This information is critical for a…

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HP Expects 2018 Profits to Be at High End of Estimates

“HP is also confident that higher profits will translate into better cash generation” writes Daniel Liberto for investopedia.com. According to a consensus estimate from Thomson Reuters, Wall Street expects the company to achieve $1.68 to $1.86 a share on an adjusted basis.The PC and printer maker, dismissed by some on Wall Street as a fading technology play, has just informed investors that fiscal 2018 profits are likely to come in at the higher end of analysts’ predictions. Source: investopedia.com Share This:

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Is Sweden going cash-free?

“Only 18% of transactions in Sweden involve cash, though almost all retailers accept it right now” writes Rosie Vare for aol.co.uk. This is no thought experiment, according to a new study, Sweden is on track to become the World’s first cashless nation.A pair of researchers at the Copenhagen Business School and Royal Institute Of Technology estimate that by 2023, Swedish stores will no longer accept cash at all.NBC news reports, cash is on the way out, the world-over, having been overtaken in popularity by cards and mobile transactions. Source: aol.co.uk Share…

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Crypto News 

Blockchain Wallet Finally Wraps up Bitcoin Cash Integration

“More and more Bitcoin wallets are enabling support for Bitcoin Cash right now” writes Jp Buntinx for livebitcoinnews.com. As part of this renewed focus, the company is wrapping up Bitcoin Cash integration after an eight-week wait.This means there is another major wallet officially supporting Bitcoin Cash right now.As a result, users will now see their BCH balance in the Blockchain wallet. Source: livebitcoinnews.com Share This:

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Here’s why Trump’s plan for a corporate tax holiday won’t grow the economy

“Therefore, it should not be expected to raise business investment or grow the American economy” writes Josh Barro for businessinsider.com.au. But there’s no reason to believe this would lead to higher aggregate business investment in the United States.A repatriation holiday can create a one-time tax windfall for a company, but because it doesn’t change the company’s cost of capital, there’s no reason to expect it change business investment decisions.OK, you might say, so what if the firm uses the cash to buy back shares or pay down debts?. Suppose you…

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NHL DFS Picks: Strategy, advice, values for DraftKings, FanDuel for…

“Again, it is worth noting that it is okay sometimes to live dangerously with a one-off cash play that can be from the road team” reports sportingnews.com. There are several cash options on Tuesday and a few GPP choices that could turn some heads.If you are looking for additional advice and more, please check me out on Twitter @ChrisWasselDFS. Let’s get to the picks.Again, this medium slate has a few options, including a late (three games) and later (two game) option for DFS players. Source: sportingnews.com Share This:

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