Everything you need to know

United Auto Workers President Shawn Fain greets workers at the Stellantis Sterling Heights Assembly Plant, to mark the beginning of contract negotiations in Sterling Heights, Michigan, U.S. July 12, 2023.Rebecca Cook | ReutersDETROIT – The United Auto Workers union is preparing to conduct unprecedented, targeted strikes against Ford Motor,...

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JPMorgan to offer online payroll services

Co-founders Eddie Kim, Josh Reeves, and Tomer London of fintech startup Gusto, which handles payroll services for small businesses.Courtesy: Kelly Boynton | GustoJPMorgan Chase is stepping up its appeal to small business customers by planning to offer digital payroll processing, CNBC has learned.The bank has picked San Francisco-based fintech...

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Will a new designation join a long list of financial advisor titles?

Wealth managers proudly display a long list of designations and degrees after their signatures  – CFP, MBA, CPA, CFA, etc. – and deservedly so, considering the effort involved in achieving those titles. Katherine Krantz, CEO of the Center for the Macro Specialist Designation, says it’s high time, and of high...

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Air Force Secretary Frank Kendall talks Elon Musk, Ukraine, China, AI

U.S. Air Force Secretary Frank Kendall does not shy away from commenting on controversy — even as it relates to the world's richest person and a key Department of Defense contractor.Kendall weighed in Tuesday after Elon Musk acknowledged withholding Starlink satellite service to Ukraine as it planned a surprise attack...

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Alts platform CAIS keeps building

CAIS, an alternative investment platform focused on independent financial advisors, said on Thursday it had added a dozen new managers or investment strategies from existing managers to its platform. Apollo Global Management, Ares Management Corporation, Bain Capital, Blue Owl Capital, The Carlyle Group, Fidelity Investments, Franklin Templeton, KKR, Neuberger Berman,...

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Tom Berthel steps down as CEO of Berthel Fisher B-Ds, remains at holding company

Broker-dealer industry veteran Tom Berthel is stepping away as CEO from the management of the day-to-day operations of the broker-dealers and registered investment advisor with 360 financial advisors who work with $9.8 billion in client assets. The most prominent of those firms is the independent broker-dealer Berthel Fisher &...

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