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Should You Close Old Credit Accounts?

Should You Close Old Credit Accounts?

Closing a credit account might sound like ripping off a Band-Aid: sweet release. But it's not always that cut and dry. While it sometimes makes sense to close an account, it's not something you should do without considering some potential consequences.


Ford And Volkswagen Enter Self-Driving Car Joint Venture

Following the news that auto giants Daimler AG and the BMW Group have signed a deal to develop next-generation automated driving technology together, the Ford Motor Company and Volkswagen AG have announced that they are partnering on autonomous vehicle technology too.

Three Take-Aways From A Clean Energy Venture Capitalist

A few weeks ago, I had the pleasure to speak with Amy Francetic, founder and managing director of a Chicago-based clean energy investing venture capital firm called Energize Ventures, and the co-founder of the Clean Energy Trust, a Midwestern-focused non-profit clean energy accelerator.

Toyota, Denso Form Venture To Create Advanced Chips For Self-Driving And Connected Cars

Toyota Motor Corp. and Denso Corp. announced plans on Wednesday to form a joint venture to develop the next-generation semiconductors for future connected and self-driving vehicles. Denso, one of the world's largest auto suppliers, will own 51% of the new business with Toyota to own the remaining portion.


Latest News

If it seems like a week doesn't go by without news of yet another athlete investing in a new company or starting/participating in a new venture capital fund, it is because that is becoming more and more of a reality.
ADP and Paychex are the two largest payroll processing and human resource management companies. With unemployment levels in the U.S. staying around an all-time low for several months now, the larger workforce in the country has boosted the prospects for human resource-related outfits.
After a rough Q1 earnings season for many major Energy sector companies, it looks like things are slowly turning around as the next reporting period looms. However, the sector continues to sputter amid soft product prices that may reflect slowing global economic growth.
Since the S&P 500 hit a new all-time high last week, how come big-name bank stocks failed to make their new highs? In the past, economic cycles that featured lower and lower interest rates have been mostly quite bullish for financials.
Symantec Corp. signage is displayed outside of the company's headquarters in Mountain View, California, U.S., on Wednesday, July 3, 2019. Photographer: David Paul Morris/Bloomberg
Faced with an evolving global energy mix, practically every major player in the oil and gas business is seeking avenues to gain a competitive advantage as well as meet the obligation of a lower carbon footprint.
A new research agenda for malaria elimination and eradication is laid out in a collection of review articles, led by Regina Rabinovich and colleagues of the Malaria Eradication Scientific Alliance (MESA), in this week's PLOS Medicine
Venture capital firm Vice Ventures has launched a $25 million fund that will focus on early-stage startups from non-traditional verticals including, cannabis, alcohol, CBD, e-sports, addiction recovery, sex tech, and others. The fund does not invest in products that are intended to hurt people, though, Founding Partner Catharine Dockery told Bloomberg TV, bringing up the example of guns.
Kristo Käärmann is the co-founder and CEO of TransferWise. A fintech startup that has gone from bootstrapping to saving users over $1 billion a year when transferring money.
Many of the stocks Wayne Himelsein has recommended before June's strong upturn are no longer bargains. However, Wayne says Starbucks, which is up over 20% since he recommended it on March 10, is still a buy.