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LPL Seeks to Raise $4B in Fresh Capital

Photo via LPL Financial

It’s the first significant move under new CEO Rich Steinmeier, who took over from longtime chief executive Dan Arnold in October.

1 min read
Consumer

Prada Defies Luxury’s Slump

Photo by Stock Birken via Unsplash

Prada reported retail sales across its brands rose 18% last year as the company reportedly gears up to buy Versace from Capri Holdings.

1 min read
Industrials

BlackRock Leads $23 Billion Deal for Panama Canal Ports

Photo by Dan Lundberg via CC BY-SA 2.0

The titanic port deal immediately made political waves, even as the seller, conglomerate CK Hutchison, denied politics were at play.

2 min read
Autos

Can the Automotive Industry Survive the Trade War?

Photo by Carlos Aranda via Unsplash

Here’s the bad news: Auto manufacturing is a notoriously thin-margin industry, and tariffs could tear right through those margins.

2 min read

Advisor Upside

Financial advisor news, market insights, and practice management essentials.

New York Boosts Odds of Tax Jackpot With 3 Big Apple Casino Licenses

Photo via Gregory Fisher/Icon Sportswire DLV/Gregory Fisher/Icon Sportswire/Newscom

2 min read
Holiday Spending Hits New Highs, Sort Of

Photo via Richard B. Levine/Newscom

2 min read
Bitcoin Struggles to Regain Lost Ground after Rapid Slide

Photo by Brian Wangenheim via Unsplash

2 min read

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