AutoNation Ramps Up After-Sales Business With $190M RepairSmith Acquisition

The Wall Street Journal
AT&T Signs $14 Billion Supply Deal With Ericsson
AT&T struck a deal with Ericsson to buy up to $14 billion of its hardware and services after the Swedish equipment supplier pledged to open up its software to competing systems. The five-year agreement would move virtually all of AT&T’s new purchases of some cell-tower equipment to Ericsson, replacing existing machinery from Finnish rival Nokia in many markets. The Dallas-based telecom giant said it plans to start the swap next year and aims to have 70% of its wireless network traffic passing through open platforms by late 2026.
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The Wall Street Journal
One Supreme Court Case Could Mess Up Chunks of the Tax Code
WASHINGTON—A case that could punch holes in the federal tax code heads to the Supreme Court on Tuesday. The court will hear arguments in Moore v. U.S., which challenges a piece of the 2017 tax law that imposed a one-time levy on profits that companies had accumulated outside the U.S. But its implications could reach much further, providing the justices an opportunity to define what Congress can tax under the Constitution—and what it can’t. Charles and Kathleen Moore argue that when the law passed, they hadn’t realized income from their investment in an India-based company and thus couldn’t be taxed.
1d ago
Benzinga
'Rich Dad Poor Dad' Author Robert Kiyosaki Says 'Only Lazy People Use Their Own Money' — Why You Should Use Other People's Money Instead
Robert Kiyosaki, renowned for his bestselling book “Rich Dad Poor Dad,” advocates a provocative approach to wealth accumulation, stating, “My rich dad always said only lazy people use their own money.” This philosophy underpins Kiyosaki’s success in transforming negligible funds into substantial returns. Contrary to conventional wisdom, he emphasizes the importance of not using your own money for investments but instead leveraging other people’s money (OPM). Kiyosaki’s strategy involves innovati
6h ago
Benzinga
Warren Buffett Is Expected To Rake In Over $6 Billion In Dividends In The Next Year - Here Are His 3 Biggest Income-Producing Stocks
Warren Buffett, the venerated investor and CEO of Berkshire Hathaway, is set to amass over $6 billion in dividend income in the coming year, with a significant portion of this windfall emanating from just three stocks. This substantial income stream underscores the effectiveness of Buffett's investment strategy, one that favors profitability and long-term value. Top Dividend Earners in Buffett’s Portfolio Buffett’s predilection for dividend-bearing stocks isn’t just a matter of preference; it’s
5h ago
Benzinga
California Landlords Are Charging $150,000 Per Month For Some Properties: 'I Feel Like Everybody's In Panic Mode Now'
Los Angeles mansion owners, once keen on selling their grand properties, are now grappling with a market that’s less than favorable for sales. The trend is particularly evident in the city’s most opulent areas, where the challenges are two-fold: a new tax on luxury sales and a turbulent entertainment industry. The “mansion tax,” officially known as Measure ULA, which went into effect on April 1, imposes a significant additional cost on the sale of high-value properties. Homes selling for over $5
6h ago
SmartAsset
I Want to Convert $500k in My 401(k) to a Roth IRA. How Do I Avoid Paying Taxes?
You can't avoid taxes when making a Roth IRA conversion, but there are strategies to reduce your tax burden if the circumstances are right. When you convert money from a pre-tax account, such as a 401(k) or an IRA, to a post-tax Roth IRA, you must pay income taxes on the full value of the […] The post I Want to Convert $500k in My 401(k) to a Roth IRA. How Do I Avoid Paying Taxes? appeared first on SmartReads by SmartAsset.
11h ago
SmartAsset
Ask an Advisor: I'm 67 with $750K in a 401(k). How Can I Preserve This Money for the Rest of My Life?
I am in a quandary about how to invest $750,000 that’s in my 401(k). I'm 67 years old, retired and I have not started taking Social Security yet. What is the best way to preserve this money for the rest of my life that doesn't have high fees? -Terry As you know, the big challenge […] The post Ask an Advisor: I’m 67 with $750K in a 401(k). How Can I Preserve This Money for the Rest of My Life? appeared first on SmartReads by SmartAsset.
1d ago
SmartAsset
Ask an Advisor: My Kids Inherited $5 Million. How Should They Handle It?
My children have inherited $5 million of stock from their father (whose estate has not yet been dispersed after 11 months) leaving them with a 30% or so loss of value over which they have had no control. Is there … Continue reading → The post Ask an Advisor: My Kids Inherited $5 Million. How Should They Handle It? appeared first on SmartAsset Blog.
6h ago
Barrons.com
Palantir Stock Has Soared This Year. This Issue Could Stop Its Run.
Palantir Technologies shares have soared on excitement for artificial intelligence. But one worry could limit the analytics-software firm’s future gains, according to William Blair analysts.
7h ago
Fox Business
IRS move could carry hefty cost for some taxpayers
The IRS is raising the interest penalty for underpayment of estimated taxes, with taxpayers who are self-employed or work as independent contractors urged to be vigilant.
23h ago
Zacks
Alibaba Group Holding Limited (BABA) is Attracting Investor Attention: Here is What You Should Know
Zacks.com users have recently been watching Alibaba (BABA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
9h ago
Barrons.com
This Ohio City Is Next Year’s Hottest Place to Live
Some Midwestern and Northeastern housing markets will likely see growth in 2024 in healthcare and manufacturing, Realtor.com says.
9h ago
Yahoo Finance
Peacock hits 30 million users as Comcast secures $8.6 billion check for Hulu
NBCUniversal's Peacock now has 30 million subscribers.
4h ago
Barrons.com
Alaska Airlines Dives on Hawaiian Deal. Why the Stock Is Sinking.
Alaska Air Group has agreed to buy Hawaiian Airlines parent in a deal worth $1.9 billion but the news is having a dramatically different effect on the stocks.
7h ago
Bloomberg
Starbucks Suffers Record 11-Day Rout as Sales Concerns Build
(Bloomberg) -- Starbucks Corp. shares suffered a record run of losses as concern builds that sales trends at the coffee giant have cooled in recent weeks.Most Read from BloombergWall Street’s Furious Bull Run Gets Reality Check: Markets WrapHow Suspects Laundered Billions in Singapore for YearsBitcoin Surges Past $42,000 Even as Stocks and Bonds Take a HitIsrael’s Wider War Has US Cautioning of ‘Strategic Defeat’Here’s How to Invest in Gold as It Hits an All-Time HighThe stock dropped 1.6% on Mo
2h ago
Yahoo Finance
Why retirees may pay 'significant increases' in 2024 Medicare Part D drug premiums
Retirees will be paying more for Medicare Part D drug coverage in 2024. Here's why.
1d ago
Barrons.com
Uber Joins the S&P 500. Here’s Which Other Stocks Did Too—and Which Ones Were Removed.
It’s official: Uber Technologies is joining the S&P 500 index. Uber, Jabil and Builders FirstSource will join the before the opening of trading on Dec. 18, according to S&P Dow Jones Indices, which oversees the index. At $116 billion, the ride-share company is the largest U.S. company ranked by market capitalization that wasn’t in the S&P 500.
4h ago
Bloomberg
Zuckerberg Sells First Meta Shares in Two Years After 172% Surge
(Bloomberg) -- Mark Zuckerberg is selling Meta Platforms Inc. stock for the first time in two years after the social media giant rapidly rebounded from a tumultuous 2022.Most Read from BloombergHow Suspects Laundered Billions in Singapore for YearsBonds, Stocks in Retreat as Rate Realism Seeps In: Markets WrapBitcoin Surges Past $42,000 as Crypto Rally Gathers SteamHere’s How to Invest in Gold as It Hits an All-Time HighAlaska Air Agrees to Buy Hawaiian in $1.9 Billion DealThe Meta co-founder’s
9h ago
Yahoo Finance
Robinhood CEO on the bitcoin surge, 24-hour trading, and a potential 9-figure business
Robinhood CEO Vlad Tenev weighs in on the surge in crypto and the future of the online trading platform.
51m ago
Zacks
Are Options Traders Betting on a Big Move in Affirm Holdings (AFRM) Stock?
Investors need to pay close attention to Affirm Holdings (AFRM) stock based on the movements in the options market lately.
9h ago

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AutoNation Ramps Up After-Sales Business With $190M RepairSmith Acquisition

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AT&T Signs $14 Billion Supply Deal With Ericsson

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'Rich Dad Poor Dad' Author Robert Kiyosaki Says 'Only Lazy People Use Their Own Money' — Why You Should Use Other People's Money Instead

Warren Buffett Is Expected To Rake In Over $6 Billion In Dividends In The Next Year - Here Are His 3 Biggest Income-Producing Stocks

California Landlords Are Charging $150,000 Per Month For Some Properties: 'I Feel Like Everybody's In Panic Mode Now'

I Want to Convert $500k in My 401(k) to a Roth IRA. How Do I Avoid Paying Taxes?

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Ask an Advisor: My Kids Inherited $5 Million. How Should They Handle It?

Palantir Stock Has Soared This Year. This Issue Could Stop Its Run.

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