Tag: random 100 stocks

Finance

France plans to close AirBnB’s tax loophole benefiting

PARIS (Reuters) – France’s finance ministry is working on plans to close a tax loophole benefiting short-term furnished rentals such as AirBnB, Finance Minister Bruno Le Maire said on Friday.

Many big French cities are facing housing shortages and renting flats to tourists on platforms such as AirBnB which is often blamed for reducing the supply of housing.

A trio of cross-party lawmakers last month called for regulatory rules such as rentals to be tightened and for an end to the more favorable tax treatment such as rentals receive vis a vis normal long-term rentals.

“I have a hard time

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Finance

Helium Health gets $30M, backed by AXA IM Alts and 23andMe’s Anne Wojcicki

Helium Health, the African startup that provides software-as-a-service tools, financing, and insights for healthcare providers and public health organizations, has raised $30 million in Series B funding.

The news is coming three years after the Lagos-headquartered healthtech secured a $10 million Series A and 18 months following a rare Africa-GCC deal involving UAE-based healthcare provider-patient interaction platform Meddy.

Co-founder and CEO Adegoke Olubusi, in an interview with TechCrunch, provided an update on the acquisition. HeliumDoc, the product merging Meddy’s telemedicine capabilities and Helium Health’s revenue cycle management service, is being used in Nigeria with East African expansion in sight. Meanwhile,

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Finance

Congestive Heart Failure: Excessive Sodium Restriction is Dangerous

June 1, 2023 · 7:00 AM

From DailyMail:

Salt has long been seen as enemy number one for people with heart problems, with doctors telling patients to cut down on the amount of sodium they consume.

But new research suggests that restricting salt too much may actually raise the risk of an early death in heart failure patients.

Their work builds upon a growing body of research that posits the benefits of cutting out salt to this subset of patients may be overblown.

And the findings could mean a more exciting diet for more than six million Americans with heart

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Finance

5 ways to simplify and reduce your money clutter

Professional organizers might define household clutter as a pile of unmade decisions. Money clutter is much the same.

Those credit cards you no longer use but haven’t closed? That’s money clutter. So is the retirement account you left behind three jobs ago and the financial paperwork you keep but no longer need. Money clutter can also include broken systems that should be broken, such as a bill payment routine that leads to overdrafts or late fees.

You can simplify your financial life by dealing with those long-delayed decisions now and streamlining how you manage your money going forward. Here are

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Finance

The Dementia/Fructose Link | Diabetic Mediterranean Diet

May 28, 2023 12:59 PM

MRI scan of brain

Colorado researchers theorize that fructose metabolism may be the driving force behind Alzheimer’s Disease pathology. Diets high in sugar and high glycemic index carbohydrates would exacerbate the problem. Salt may also play a role. Fructose is a simple sugar (a monosaccharide) typically found in fruit, honey, and some vegetables. Table sugar is sucrose, a combination of fructose and a glucose molecule. High-fructose corn syrup (HFCS) is added to many processed foods as a bulk sweetener. From the article linked above:

An ancient human foraging instinct, fueled by fructose production in the

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Finance

Are banks the new meme stocks?

5 min read

Amateur trader Matt Kohrs said he lost nearly $30,000 betting on the recovery of First Republic, a bank seized by regulators last Monday. Burnt by the trade, the 28-year-old decided it made more sense to bet that regional lenders would decline.

He took short positions in PacWest (PACW), Western Alliance (WAL), Zions (ZION) and SPDR S&P Regional Banking ETF (KRE), an exchange-traded fund that tracks the performance of regional banks.

Thus so far his unrealized gains are more than $17,000, according to screenshots of his positions shared with Yahoo Finance on Friday, after investors pushed down the stocks of numerous

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Finance

Here Are 5 Things You Should Never Spend Money on If You Want To Be Rich

Gorodetskaya Nadezhda / Shutterstock.com

Gorodetskaya Nadezhda / Shutterstock.com

If you’re not rich, you may wonder how you can get rich at various intervals of your life. Building long-term wealth generally means making smart decisions with your finances like investing consistently and prioritizing paying off any debt.

Learn More: Why Stealth Wealth Is the Best Way To Handle Your Money
Related: How To Build Your Savings From Scratch

What it doesn’t include is spending money on stuff that doesn’t have lasting value. How do you know which purchases are preventing you from building wealth? Here’s what one financial planning expert does not recommend spending your

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Finance

SVB CEO, CFO resigned, company appointed turnaround expert as interim finance head

April 21 (Reuters) – SVB Financial Group’s CEO and chief financial officer resigned this week while the collapsed lender’s restructuring committee appointed a turnaround expert as interim CFO, according to a regulatory filing on Friday.

CEO Gregory Becker resigned on April 19, while finance chief Daniel Beck left the company on April 18, SVB said. The two top executives were sued in March by shareholders who accused them of concealing how rising interest rates would leave its Silicon Valley Bank unit “particularly susceptible” to a bank run.

The beleaguered company hired Alvarez & Marsal (A&M) as a restructuring advisor. The

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