Amana Mutual Funds Trust recently released its Q1 2020 Investor Letter, a copy of which you can download here. The Amana Income Fund posted a return of -18.01% for the quarter, outperforming its benchmark, the S&P 500 Index which returned -19.60% in the same quarter. You should check out Amana Mutual Fund's top 5 stock […]...
Following his appearance before the Senate Banking Committee, Federal Reserve Chairman Jerome Powell testifies before the House Financial Services Committee Wednesday. Yahoo Finance's Brian Cheung weighs in. ...
(Bloomberg) -- Zoom Video Communications Inc. will offer full end-to-end encryption to all users, free and paid, succumbing to pressure from members of Congress and the public who pushed the video-conferencing company to bolster privacy.Those using the service at no charge will have to verify their phone numbers to get access to the strongest level of security, Zoom Chief Executive Officer Eric Yuan said Wednesday in a blog post. End-to-end encryption makes it impossible for third parties to decipher communications, but will mean that participants cannot call into a Zoom meeting on a telephone line.“We are also pleased to share that we have identified a path forward that balances the legitimate right of all users to privacy and the safety of users on our platform,” Yuan wrote. Verifying the identities of free participants will help the company combat abuse taking place on its platform, he added.The San Jose, California-based company said...
Last week, Hertz won bankruptcy court approval to sell up to $1 billion in stock. Clayton did not elaborate on what the issues were with Hertz's plan, but indicated that the company was unlikely to go through with the offering until those issues were resolved, according to CNBC. Hertz has warned that its shares would be eventually "worthless", but the stock sale could benefit creditors seeking to recover more of their claims during the bankruptcy process....
