A new activist takes on Exxon to reverse the oil giant’s underperformance

Fuel prices are displayed at an Exxon Mobil Corp. gas station in Arlington, Virginia, U.S., on Wednesday, April 29, 2020.

Andrew Harrer | Bloomberg | Getty Images

Company: Exxon Mobil Corp. (XOM)

Business: Engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products. Exxon also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a range of specialty products. The company’s segments include upstream, downstream, chemical, and corporate and financing. The upstream segment operates to explore for and produce crude oil and natural

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Taking a Chance on an Employee with a Different Background (CARTOON)

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Grayscale sees 900% jump in inflows as Wall Street flocks to bitcoin

Mykola Tys/ | LightRocket | Getty Images

Grayscale saw its assets under management skyrocket as Wall Street used it as a proxy to invest in bitcoin.

The New York-based investment firm kicked off last year with $2 billion in assets and ended with more than $20.2 billion. That 900% increase was driven by demand from institutional investors such as hedge funds, endowments and pension funds, the company said in a quarterly report Thursday.

Grayscale’s Bitcoin Trust became a popular, publicly traded way for investors to get exposure to cryptocurrency without owning the coins themselves. The investment product ballooned from

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Investors looking for clarity but likely won’t get it

People pass a sign for JPMorgan Chase at it’s headquarters in Manhattan, New York City.

Spencer Platt | Getty Images

Earnings season is upon us, but traders will be far less interested in fourth-quarter results than in first- and second-quarter guidance.

The problem is it’s not clear that CEOs will cooperate.

Banks are strong going into earnings

Big banks like JPMorgan Chase kick off earnings season on Friday on a good omen: Banks are strong going into earnings season.

“This is the first earnings season in recent memory where banks have been leaders going into earnings season,” said Tactical Alpha’s

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Yelp Introducing Features for Businesses to Disclose COVID Safety Measures

Keeping your small business open could mean tweaking your COVID-19 safety practices.  Yelp is adding to their COVID-19 Section. They are adding customer observations on social distancing and mask wearing. There are also new content guidelines protecting businesses from unfair reviews. And new health and safety measures.

The section already lets SMBs inform customers about their ongoing health and safety efforts.

Small Business Trends contacted Akhil Kuduvalli Ramesh, Head of Consumer Product at Yelp, to learn more about the new changes.

Yelp COVID Safety Features for Business Owners

He supplied some history.

“In  March, Yelp introduced a COVID-19 banner alert

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Top analysts are bullish on stocks like Papa John’s & Southwest

A Southwest Airlines Boeing 737 passenger jet

Robert Alexander/Getty Images

Wall Street is calling for recovery, reflation and rotation this year amid continued accommodative monetary and fiscal policy, according to analysts.

Among the bulls, strategists from J.P. Morgan estimate that the S&P 500 could reach 4,400, with a range of 4,200 to 4,600.

“Global growth will likely be below trend in early 2021, but the strongest global recovery in a decade should play out by the end of 2021, with global GDP growth reaching 4.7% (Q4/Q4) if vaccine prospects play out as expected… our forecast sees macro and market momentum

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Why You Need a Prepaid Debit Card Even If You Have a Bank Account

Many people think prepaid debit cards are just for people who don’t have a bank account. After all, checking accounts usually come with a debit card that can be used just like a credit card. Why would someone with a bank account need a prepaid debit card?

Why You Might Need a Prepaid Debit Card for Business

While prepaid debit cards are useful for those without a bank account, the following benefits apply to everyone.

Private transactions

When you need to make a private transaction, a prepaid debit card is the best solution. Technically, you can also use cryptocurrency,

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