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What you need to know about your employee stock purchase plan

What you need to know about your employee stock purchase plan

Finance
The company you work for may let you purchase company stock at a discounted price. The formal name for this is an "employee stock purchase plan," or ESPP. And if used correctly, these stock purchases can boost your bottom line, according to Sophia Bera, founder of Gen Y Planning. Here's how it works. Your company lets you buy its stock at a discount, which can range from 10 percent to 15 percent, for example. More from Straight Talk:...
RBS bankers 'joked about ruining US housing market'

RBS bankers 'joked about ruining US housing market'

Business
Royal Bank of Scotland (RBS) traders compared their behaviour to gangsters in "Goodfellas" and joked about ruining the US housing market in the run up to the financial crisis, it has been claimed. A US Department of Justice report into the mis-selling of mortgage-backed securities before the 2008 banking collapse details bankers and traders' apparent disregard over their contribution to the global monetary meltdown.It was published alongside the announcement that RBS had agreed to pay $ 4.9bn (£3.6bn) to settle the DoJ's probe.RBS chief executive Ross McEwan said there was "no place for the sort of unacceptable behaviour alleged by the DoJ at the bank we are building today".While the DoJ accused RBS of misleading and providing inaccurate loan data to investors, RBS sai...
One thing we learned about every Premier League club’s tactics from their first game

One thing we learned about every Premier League club’s tactics from their first game

Sports
ANALYSIS What has the opening weekend told us about every team's game plan? The first weekend of the 2018/19 Premier League season is done and in the record books. It wasn’t the most thrilling, with no real shocks but we’re already seeing how sides are developing their tactics for the new campaign. Premier League managers have shown us a glimpse of their tactics this season You can stand still in modern football with your opponents scouting almost continuously so they can find holes in your side’s game plans. But what are the most noticeable tactics for each Premier League team? With just one game gone it’s foolish to draw a full conclusion as the sample size is too small, but they may be giving us a clue about their p...
There are big doubts about how Musk will pull off the Tesla buyout, but Morgan Stanley may have found a way

There are big doubts about how Musk will pull off the Tesla buyout, but Morgan Stanley may have found a way

Finance
Morgan Stanley is telling its clients there might a way to get funding for Elon Musk's plan to take Tesla private. "A Tesla LBO does not appear to be feasible, in our view, even with less than $ 10bn of incremental debt. However, if the decision is made to take the company private, an equity buyout (or EBO) may be a potentially viable option," analyst Adam Jonas said in a note to clients Friday. "We believe Tesla could consider an auction for its shares in the private equity market, financed by existing shareholders, new strategics, divestiture of valuable captive assets (Tesla autonomous/shared), and possibly some help from SpaceX." Tesla shar...
Everything you need to know about the McDonald's salad parasite outbreak

Everything you need to know about the McDonald's salad parasite outbreak

Health
As of July 26, the Centers for Disease Control and Prevention (CDC) reports a total of 286 people in 15 states have been infected with a parasite called Cyclospora, an increase of 120 people in the last week alone. So far, there have been 11 hospitalizations but no deaths associated with this outbreak. The parasite has been linked to salads from McDonald’s. So what is this parasite, and why are the numbers still increasing? What is Cyclospora? Cyclospora is a parasite found in contaminated food or water -- which in the U.S. can mean fresh produce -- and causes a short-term illness known as Cyclosporiasis. The parasite isn’t typically transmitted from one person to another, but rather, makes people sick after it is ingested. What are the signs of an infection? Once someo...