H&W in the Media
Twitter scores NFL streaming rights
Stocks (^DJI, ^GSPC, ^IXIC, ^RUT) are lower in midday trading, with all sectors down. Stephen Guilfoyle, managing director of floor operations for Deep Value Execution Services, joins us live from the floor of the New York Stock Exchange to discuss the markets.
Joining Yahoo Finance’s Alexis Christoforous to discuss some of the other big stories of the day are Kevin Mahn, CIO, Hennion & Walsh Asset Management and Thomson Reuters correspondent Bobbi Rebell, author of “How to be a Financial Grownup.”
Twitter snags NFL Thursday night streaming rights
Forget the second screen experience, the NFL and Twitter are putting it all on one. The NFL announced that Twitter has exclusive rights to stream 10 Thursday Night Football games next season. This means games will be available to Twitter’s 800 million users worldwide. Will it be enough to appease disappointed shareholders?
U.S. tax havens
As the Panama Papers mega-leak story develops, world leaders and prominent wealthy individuals are coming under heightened scrutiny and pressure. But as the news highlights the secrecy prevalent in Panama, is it possible that the U.S. is just as secretive? In 2014, the Organization for Economic Cooperation and Development introduced standards to help catch tax dodgers. Nearly 100 countries signed on, except for a handful of countries including Panama and the U.S. According to Bloomberg, foreign advisers are increasingly using states like Nevada and South Dakota as tax and secrecy havens.
Nest disables Revolv smart-home devices
Finally, some smart home devices won’t be smart for much longer. Revolv products will no longer be supported, making their existing devices useless. This comes after smart-home company Nest acquired Revolv in late 2014