March 18 (Reuters) - TE Connectivity said on Monday it would change its jurisdiction of incorporation to Ireland from Switzerland. (Reporting by Aishwarya Jain in Bengaluru; Editing by Krishna Chandra ELuri)
Retirement savings play a crucial role in securing financial stability in your golden years. For those aiming high, being in the top 3% of retirees in terms of savings enhances comfort and offers greater financial freedom. Using data from the Federal Reserve's Survey of Consumer Finances, a 2024 survey by the Employee Benefit Research Institute, reveals that individuals with over $1 million in retirement accounts rank in the top 3% of retirees. Only 3.2% of retirees have surpassed the $1 million
A real estate brokerage owned by Warren Buffett's Berkshire Hathaway said on Friday it reached a $250 million settlement of nationwide antitrust litigation that is expected to change how real estate agents are paid. HomeServices of America, the largest U.S. real estate brokerage, was the last remaining defendant in a case against the National Association of Realtors (NAR) and four brokerages.
U.S. and European politicians have raised alarms that their domestic auto industries could be destroyed by a wave of cheap Chinese electric vehicles. The goal: to rake in hefty profit margins the automaker can’t get in China amid fierce competition. In some foreign showrooms, BYD charges more than double — sometimes nearly triple — the price it gets for three key models in China, according to a Reuters review of the automaker’s pricing in five of its biggest export markets.
In the 1970s and early 1980s, a common quip was that the letters spelling Ford, the automotive brand, stood for “fix or repair daily.” Such was the challenge facing Donald E. Petersen as he rose to become president of Ford Motor in 1980 and chief executive five years later. Pounded by competition from Japan and a weak economy, Ford lost billions in the early 1980s but then surged back into the black and outperformed General Motors and Chrysler in the second half of the decade.