How do tech giants like Apple, Amazon and Google make their money?

Companies often need to raise additional funding or capital in order to grow their businesses, invest in research and development, or stay competitive in their industry. While it is possible for companies to use their profits to fund these initiatives, it is often more attractive for them to seek external lenders or investors to provide […]

U.S. Economy Contracts at Record 32.9% Rate; Jobless Claims Rise to 1.43 Million

The U.S. economy contracted at a record 32.9% annual rate last quarter and weekly jobless claims rose to 1.43 million, amid signs of a slowing recovery. The Commerce Department’s initial estimate of U.S. gross domestic product in the second quarter is the steepest drop in records dating to 1947. The decline came as states imposed […]

Gender Diversity Key to Corporate Success – Fund Manager Roundup

Companies with a higher level of gender diversity tend to be more successful, and while companies increasingly recognize this, there is a long way ahead, say Julie Bech and Audhild Aabo, portfolio managers for Nordea Asset Management’s global gender diversity strategy. The following is a selection of their comments. Gender Diversity Key to Corporate Success […]