April 15, 2021

services

Is Palantir Technologies (PLTR) Outperforming Other Business Services Stocks This Year?

5 days ago

Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Palantir Technologies (PLTR) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? One simple way to answer this question is to take a look at the year-to-date performance of PLTR and the rest of the Business Services group’s stocks.

Palantir Technologies is one of 222 companies in the Business Services group. The Business Services group currently sits at #10 within the Zacks Sector Rank. The Zacks

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Why DeFi could rebuild trust in financial services

2 weeks ago

To function effectively, society has long depended on people having faith in their institutions. Thanks to the COVID-19 pandemic and wide-ranging failures of leadership, that faith has been tested like never before.

Nowhere is the decline in trust more evident than in the financial services sector. In its 2021 Trust Barometer, Edelman found that only 53% of American respondents said they trusted those in the U.S. to “do what is right” — down 5% from its 2020 survey. You can see this in the battle between Main Street and Wall Street, which played out in January’s GameStop rally. More

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Canon Business Process Services Launches Redesigned Website

3 weeks ago

“Our new website also spotlights how Canon provides value to clients, which is to help them automate workflow, optimize business processes and ultimately transform their enterprise,” notes Joe Marciano, president and CEO of Canon Business Process Services. “Our innovative approach includes the latest technologies, workflow automation, Six Sigma methodologies and data analytics to enable business agility and digital transformation.”

One highlight of the updated website is the “Insights” section. It offers white papers, articles and research reports spotlighting best practices for implementing

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House Armed Services chairman wants to ‘stop throwing money’ at F-35s

1 month ago

Lockheed Martin chief test pilot Alan Norman discusses the Pentagon’s purchase of 478 F-35 fighter jets and the ability of the airframe to adapt to new demands, remaining relevant “for decades to come.”

House Armed Services Committee chairman Rep. Adam Smith, D-Wash., railed against the vast expenses of the F-35 Joint Strike Fighter, the stealthy fifth-generation fighter jet.

Smith said he wants to  “stop throwing money down that particular rathole” for the F-35, which currently costs $36,000 per hour and has a projected lifetime cost of $1.7 trillion. It’s believed to be the world’s most expensive weapons platform.

“What does

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Winter Storm Disrupts Automakers, Retailers and Delivery Services

2 months ago

UPS said weather could cause delays in areas not directly hit by the storms. Packages may take longer to get from one place to another, and many delivery services move goods through big sorting hubs in the middle of the country to serve both the East and West Coasts. UPS’s main air hub is in Louisville, Ky., and it also has a hub in Dallas, for example.

The winter storm prompted the United States Postal Service to close post offices, processing hubs and other facilities in Texas, Alabama and Mississippi, according to its website.

The storm has also affected Amazon,

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post-Brexit financial services deal unlikely to bring equivalence

2 months ago

LONDON — The U.K. and the European Union have yet to find a solution for the financial services industry after Brexit, and recent data suggests that Brussels may have the upper hand in negotiations.

It’s been a key topic of debate after the U.K.’s vote to leave the European Union in 2016. The City of London, the U.K.’s business district, wants access to the European market, given that it represents a significant part of its activities. On the other hand, the City is also a vital source of financing for European businesses.

However, Brexit has inevitably changed this relationship. By

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