The latest big Silicon Valley tech employers to reveal how much they pay a typical worker are TurboTax maker Intuit Inc. and Guidewire Software, which makes back-end software for insurance companies. Like most of the region's biggest technology employers
Lowe’s Companies said Monday that it will close 51 underperforming stores and other locations, including 20 stores in the U.S., as part of its plan to focus on its most profitable stores. The stores being closed in the U.S. are located across 13 states
Germany has become a popular destination for American retirees due to its reasonable costs, excellent healthcare system and well-kept infrastructure. As any financial advisor will tell you, one of the most important factors to consider when building a retirement plan is your cost of living. Like any other country, how much money you’ll need to live in Germany will depend on the city you choose.
In court filings, her attorneys paint a picture of a cancer survivor who’s undergone multiple surgeries and needs daily medication to cope with a plethora of health issues, while outlining how her entire family has deep roots in Vancouver, where she’s being held. The CFO’s bail hearing resumes Monday in the Canadian city after Friday’s proceedings yielded no result. The 46-year-old mother of four, accused of guiding a global effort to mask violations of sanctions on sales to Iran, has languished in jail since her arrest.
Art Cashin, UBS director of floor operations, speaks with CNBC's "Squawk Alley" on the slipping stock market.
Most people think they’re above average in intelligence, relationship status and professional achievement. Social scientists call this “illusory superiority.” My business partner Scott Puritz, has found the one area where even above-average people, objectively smart, rich, successful professionals, seem to wave the white flag and admit to not understanding — money and investing. “One of the most shocking things is the low-level financial literacy throughout our culture,” Puritz told the Washington Post.
The Boeing Co. has created a new product that has an impressive capability. Boeing Business Jets is launching the BBJ 777X, a new Boeing Business Jet model that can fly more than half way around the world without stopping, farther than any business jet ever built, it claims. “Our most exclusive customers want to travel with the best space and comfort and fly directly to their destination. The new BBJ 777X will be able to do this like no other airplane before it,” said Greg Laxton, head of Boeing Business Jets, at the bi-annual Middle East Business Aviation Association Show.
Naming a trust as a beneficiary of your retirement account can help protect heirs who are minors, disabled or vulnerable to creditors. Failing to correctly structure your trust could accelerate the liquidation of your IRA, resulting in a massive taxable distribution. Remember: Trusts only need $12,500 of taxable income in 2018 ($12,750 in 2019) in order to be subject to the top tax rate of 37 percent.
Verizon today announced 10,400 employees are taking buyouts to leave the company. Everyone at TechCrunch, which is part of the Verizon Media Group, is sticking around. Verizon put this offer on the table in September with a goal to save $10 billion in cash by 2021.
T-Mobile US Inc.'s 2013 acquisition of MetroPCS provides a roadmap for the company's planned Sprint takeover. Chief Financial Officer Braxton Carter detailed the Bellevue-based wireless company's strategy if its $26.5 billion Sprint bid is approved by federal regulators. It was shutting one network down and extracting some assets (from) that network to enhance the T-Mobile network," said Carter, in a transcript filed with the Securities and Exchange Commission.
If thoughts of an impending recession have begun to trouble your mind, you’ve got plenty of company—including the investing team at world’s biggest asset manager. In their annual Global Investment Outlook, released Monday morning, strategists at $6.4 trillion giant BlackRock say that a recession isn’t likely in 2019. In the meantime, investors can expect slowing growth in corporate earnings and in the overall global economy.
A Chinese court granted Qualcomm an injunction against Apple that halts sales and imports of most iPhone models in the country. The court ruled that several devices, including iPhone X, violated two Qualcomm patents related to resizing photos and managing apps. Shortly after this news broke, CNBC reported that Apple was mounting an appeal.
Jim Cramer argues that the market's lack of conviction is perfectly captured by the movements in shares of Apple.
If you’re looking for a tax-friendly retirement, Nevada is one of the places to be. Withdrawals from retirement accounts and public and private pension income are also not taxed. To find the best places to retire in Nevada, we looked at a few important factors.
Suze Orman is one of those singular personalities in the financial business who seems to be right on the pulse of everyone she meets. She’s written books, starred in her own television show and made innumerable appearances in person. Like Oprah
Around this time of year, many taxpayers begin the annual ritual of pondering The Big Question: Do I take the standard deduction or spend time hunting for receipts and filling out extra forms to itemize? The decision largely boils down to whether itemizing will reduce your taxable income more than the flat, no-questions-asked standard deduction will, thus saving you money. Generally, that means that a married couple filing jointly, for example, would now need to cobble together at least $24,001 in various tax deductions for itemizing to lower their tax bill more than taking the standard deduction would.
The path of the business of Canadian cannabis has proven to be a road strewn with pitfalls, from debt-loads to supply issues to an effort to expand before legalization expands beyond the opportunity at hand. Investors watch with interest as the nomination of William Barr to the position of Attorney General (a position Barr previously held 25 years ago) develops.
TORONTO/BEIJING (Reuters) - The CFO of China's Huawei Technologies Co Ltd [HWT.UL] argued that she should be released on bail while awaiting an extradition hearing, citing her longstanding ties to Canada, properties she owns in Vancouver and fears for her health while incarcerated, court documents showed on Sunday. Huawei Chief Financial Officer Meng Wanzhou is fighting to be released on bail after she was arrested on Dec. 1 in Vancouver at the request of the United States.
It's almost if the stock market of yore where it took a lot of volume either way to move a stock has just vanished. Big capitalization stocks are plummeting on what would normally not even budge them. Now a very important executive of the company, David Cunningham, someone who ran FedEx Express, a huge division, retired today effective year end.
If the financial independence, retire early (FIRE) movement is any indication, early retirement is consuming a larger and larger portion of the American psyche. FIRE retirement practitioners aren't waiting until 65 to retire. Instead, they're retiring early by achieving financial independence (when your money makes enough money that you no longer need to work) decades before conventional wisdom says they should be able to retire.
The Trump administration’s policies, passed as legislation by Congress and implemented by the executive branch, have driven interest rates higher, made deficits bigger and led to a trade war, and are risking a global slowdown and even a recession.
A Canadian provincial court on Monday weighed whether to grant bail to a top executive of one of the world's biggest telecommunications companies, Huawei Technologies [HWT.UL], while she awaits a ruling on extradition to the United States. U.S. prosecutors want Chief Financial Officer Meng Wanzhou to be extradited to face accusations she misled multinational banks about Huawei's control of a company operating in Iran, putting the banks at risk of violating U.S. sanctions which would incur severe penalties, court documents said. Meng's lawyers told the court high-tech surveillance devices would ensure their client does not flee and proposed a C$15 million ($11.3 million) bail guarantee for her release.
“The consensus overwhelmingly expects a rate hike next week,” Dutta said. Dutta explained a few reasons for his argument for the Fed to skip a December hike including abating inflation pressures, slowing global growth, and increasing market volatility. Investors currently see a 73.2% chance of a rate hike following the December Fed meeting, according to the CME.
Two large British banks are among those ensnared in the controversy over Huawei Technologies Co., which escalated over the weekend after the Chinese government warned Canada it would face “severe consequences” if it didn’t release the Chinese telecommunications giant’s finance chief. Canada this month arrested Meng Wanzhou at the behest of U.S. authorities, who are seeking her extradition over allegations she misled banks about Huawei’s business dealings with Iran to skirt international sanctions against that country. Ms. Meng, 46 years old, is in the midst of hearings in Vancouver that are expected to reconvene Monday and lead to a decision on bail.
Boeing unveiled a new luxury VIP business jet model for its massive new 777X widebody jet. Boeing said it plans to launch a 777X VIP luxury business jet that can fly more than half way around the world nonstop – farther than any business jet ever built. "Our most exclusive customers want to travel with the best space and comfort and fly directly to their destination," said Greg Laxton, head of Boeing Business Jets.