Square commits $100 million to boost Black-owned banks and businesses

Lenore Staats

  • Square, the mobile payment company cofounded and led by Jack Dorsey, announced Thursday a $100 million investment to address racial inequality in the financial world.
  • The company will commit $25 million to four areas including The Black Economic Development Fund, which funds Black-led financial institutions and businesses.
  • The news follows Dorsey’s August donation of $10 million to Boston University’s Center for Antiracist Research.
  • Other companies like Mastercard, Citi, and Costco have recently pledged millions to address racial inequality in the US.
  • Visit Business Insider’s homepage for more stories.

Financial services and mobile payment company Square announced on Thursday its plan

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Prudential Financial Inc. Has $9.47 Million Stake in IDEX Co. (NYSE:IEX)

Lenore Staats

Prudential Financial Inc. decreased its holdings in IDEX Co. (NYSE:IEX) by 17.7% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 59,942 shares of the industrial products company’s stock after selling 12,870 shares during the quarter. Prudential Financial Inc. owned approximately 0.08% of IDEX worth $9,474,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of IEX. Ceredex Value Advisors LLC bought a new position in IDEX in the 1st quarter valued at $80,845,000. Impax Asset Management

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Trump campaign paid $2.3 million to his private business

Lenore Staats

  • President Donald Trump’s campaign has paid $2.3 million in donor funds to his private businesses so far, according to Federal Election Commission filings.
  • Forbes, which first reported on the filings, pointed to an instance in which one of Trump’s companies received nearly $38,000 in campaign funds for rent.
  • In another, the campaign shelled out $8,000 to the Trump Corp. last month for “legal & IT consulting,” according to the filings.
  • This isn’t the first time the president’s campaign has become entangled with his personal finances.
  • In July, The Washington Post’s David Fahrenthold reported that Trump’s campaign sent nearly $400,000 to
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Anchor Capital Advisors LLC Has $1.35 Million Stock Position in Stag Industrial Inc (NYSE:STAG)

Lenore Staats

Anchor Capital Advisors LLC increased its position in Stag Industrial Inc (NYSE:STAG) by 120.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 45,995 shares of the real estate investment trust’s stock after purchasing an additional 25,175 shares during the quarter. Anchor Capital Advisors LLC’s holdings in Stag Industrial were worth $1,349,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Signaturefd LLC lifted its stake in Stag Industrial by 224.5% in the

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Trump Has Now Moved $2.3 Million Of Campaign-Donor Money Into His Private Business

Lenore Staats

Donald Trump continued to shift money from his donors to his business last month, as his reelection campaign paid his private companies for rent, food, lodging and other expenses, according to a review of the latest Federal Election Commission filings. The richest president in American history, who has yet to donate to his 2020 campaign, has now moved $2.3 million of contributions from other

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Market Automation Software Market Revenue to Cross $15,018.5 Million by 2030: P&S Intelligence

Lenore Staats

NEW YORK, Aug. 25, 2020 /PRNewswire/ — One of the major reasons for the growth of the global marketing automation software market is the rising adoption of such solutions by SME. This factor is predicted to help the industry size increase from $4,057.3 million in 2019 to $15,018.5 million by 2030, at a 13.1% CAGR between 2020 and 2030, according to P&S Intelligence. SMEs make up for the majority of businesses around the world; for instance, almost 98% of the companies in the U.K. and 99% of all Turkish firms were SMEs in 2018.

The reason SMEs provide the

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