Could you use a little extra money? Then how about buying something locally and selling it globally?
On Wednesday, United Airlines president Scott Kirby weighed in on Frontier Airlines' plan to double the number of its routes and return to a network business model. "I've believed for many years that the ultra-low-cost carrier business model can't work when a network carrier decides to compete on price," Kirby said in response to a question by Wolfe Research analyst Hunter Keay.
In my four years as a communication student, the class that still stands out to me as one of the most valuable was my interviewing class. This class wasn't just about preparing students to go on the inevitable grownup job interviews we'd be headed out on as we crept towards graduation – it also gave us a lot of valuable information on how to conduct interviews. Interviewing people isn't something I ever saw myself doing, and to be fair, the only time I've ever conducted an employment interview was while searching for a dog-sitter for my puppy. (And to be really fair, my only real questions were "Will you let my dog out?" and "What do you charge?") But knowing how to effectively and properly interview
If you listen to Starbucks (SBUX) execs, then everything at the coffee giant is amazing. Do some work in Microsoft (MSFT) Excel (as the analysts at Credit Suisse did below on Wednesday), and a glaring issue comes to light. That is, for all its digital leadership and ability to crank out new, more expensive drinks, Starbucks sales are on a long-term downtrend. Seeing as employee hourly wages and benefit costs are on the rise, as are costs to open new locations, a stubborn downtrend in sales is very unwelcome. It's especially unwelcome as most on Wall Street remain obsessed with Starbucks' growth prospects -- they could be in for some unfortunate surprises on the bottom line over the next year
Video: How to upgrade an old PC to Windows 10 - free If you own a PC or tablet that's powered by an Intel Clover Trail processor , you're part of an exclusive and unlucky fraternity. For now, at least, Microsoft has cut off Windows 10 support early for your device. Any Clover Trail-based device currently running the Windows 10 Anniversary Update, version 1607, will be blocked from upgrading to the latest version: Creators Update, version 1703. And under Microsoft's new support calendar, that means you'll stop getting security and reliability updates for version 1607 sometime in the first quarter of 2018. I've asked Microsoft for more details on why this problem is occurring and whether owners
SpaceX's chief said Wednesday that the first launch of its big new rocket is risky and stands "a real good chance" of failure. Founder Elon Musk told a space station research conference Wednesday that he wants to set realistic expectations for the flight later this year from Cape Canaveral. The Falcon Heavy will have three boosters instead of one, and 27 engines instead of nine, all of which must ignite simultaneously.
T-Mobile (TMUS) is crushing it. Shares of the telecom giant were halted in after-hours trading on Wednesday after it reported earnings of 67 cents a share, easily topping analysts' expected second quarter financial results of 38 cents a share. T-Mobile will resume trading around 4:35 PM EST. For the quarter T-Mobile reported revenue of $10.2 billion. Analysts polled by FactSet were projecting revenue of $9.8 billion. Meanwhile, T-Mobile CEO John Legere is by and far one of the most interesting CEOs on Twitter (TWTR) not only for his personal content, but how he often goes after wireless carrier rivals Verizon (VZ) and AT&T (T) . In the battle for more phone subscribers, Legere will never pass
As my regular readers know, I've been a big fan of John Bogle, the founder and now-retired chairman of The Vanguard Group, for many years. Vanguard's mutual funds are well known for their low expenses — which of course is a very good thing for investors. Many of the company's most popular funds charge investors less than 0.2% a year, while the average equity fund charges more than 1%.
The RadioShack brand will live on after a family office already owed $23 million by the bankrupt U.S. electronics chain agreed to assume ownership of it, as no other buyers submitted better bids this week, people familiar with the matter said. An affiliate of Kensington Capital Holdings, a family office based in the suburbs of Boston, will acquire RadioShack's intellectual property after it submitted a $15 million bid, the people said on Wednesday. Kensington had made a $23 million loan to RadioShack after it exited its first bankruptcy two years ago, and had secured a deal with U.S. wireless carrier Sprint Corp to co-brand 1,400 stores.
As investors, that answer is almost always the wise and successful Warren Buffett, a man whose success on Wall Street is matched only by his positive outlook on life. Buffett—who, alongside Charlie Munger, has led Berkshire Hathaway BRK.B for decades—is notorious for his investment philosophies and minimalist lifestyle. Regardless of how he chooses to spend his mountains of cash, Buffett is looked up to in the business and financial world as a model for consistency and long-term success.
During the 2008 presidential election, John McCain defended Obama against his own supporters at a campaign rally.
The Trump administration has withdrawn or delayed 860 proposed regulations in its first five months, the beginnings of a regulatory overhaul meant to bolster economic growth. Federal agencies have withdrawn 469 proposed regulations compared to a fall 2016 report when Barack Obama was president, according to figures the White House budget office. This includes 19 regulations with an economic impact of $100 million or more.
A health scare for Chipotle Mexican Grill, Inc. (NYSE:CMG) has just sent shares back into the freshly scrubbed hands of the bears. What we do know is that CMG stock tanked more than 4% during Tuesday’s regular hours.
Min Basadur was working as a creative manager at Procter & Gamble in the mid-1970s when he got a call from a team in product development. For six months, the team had been struggling to come up with a product that could beat Irish Spring, a new and popular soap bar from Colgate. The Procter & Gamble team couldn't seem to come up with a soap bar that beat Irish Spring in a blind test of consumers.
Russia outfoxed European Union sanctions by delivering gas turbines made by Germany's Siemens to the annexed Ukrainian region of Crimea. No Russian company, according to Reuters data, has ever got a Siemens turbine working without the help of the manufacturer. In this case, Siemens said the turbines were shipped to Crimea behind its back and is refusing to be involved, leaving Moscow to work out how to start them up to fulfil President Vladimir Putin's promise to give Crimea a stable power supply.
Jul.20 -- The U.S. special counsel headed by Robert Mueller investigating possible ties between Donald Trump's campaign and Russia is reportedly expanding the probe into a broad range of transactions involving Trump's businesses. Bloomberg's Greg Farrell reports on "Bloomberg Markets."
Jana Partners is getting paid handsomely for its effort to push Whole Foods into making some changes, a drive that led to the company's sale to Amazon. The activist hedge fund, which bought a more than 8% stake in Whole Foods in early April, liquidated its stake in organic grocer following Amazon's $13.7 billion offer and will walk away with a $300 million profit, according to documents filed with the Securities and Exchange Commission Wednesday. Jana, run by billionaire Barry Rosenstein, wasted no time putting the heat on Whole Foods CEO John Mackey and agitating for a management overhaul.
News that billions of dollars in overdue private student loan debt could be wiped away due to shoddy paperwork prompted a flurry of interest among borrowers Tuesday, with many of them asking one key question: Are my loans affected? The New York Times reported Monday that judges around the country have dismissed dozens of lawsuits against delinquent borrowers because the entity bringing the suits—which purchased loans from other originating lenders—can’t produce paperwork to prove it owns the debt. Sometimes, explains student loan expert Mark Kantrowitz, such issues have arisen because documents have gone missing, particularly for older loans where actual hard copies were transferred.
Google cofounder Sergey Brin secretly attended a technology conference in Berlin last week. The search engine billionaire visited the Tech Open Air conference — held at FunkHaus Berlin, once the broadcast headquarters for the German Democratic Republic (GDR) state radio — last Thursday and listened to a talk given by ClearAccessIP founder and CEO Nicole Shanahan, who is believed to be his girlfriend. Brin also spoke on one of the conference's smaller stages, taking part in an AMA (Ask Me Anything) session that was attended by 20 people who happened to be around by chance, according to a source.
Snap Inc. (SNAP) is getting pounded on Wall Street. With Snap shares down a startling 39% since its March initial public offering (IPO), the combined net worth of Evan Spiegel and Robert Murphy have plunged some $4.3 billion, according to Bloomberg data. The two Snap founders each have a net wealth of $3.3 billion, per Bloombergdata. Judging by Wall Street's assessments on Snap of late, each billionaire may be at risk of losing more wealth before the year is out. Cowen analyst John Blackledge recently slashed his rating on the company to "market perform" from "outperform." Blackledge said ad revenue through 2022 will suffer as Snap faces competition within digital advertising. He added that
When Tim Sloan became CEO of last year, the bank’s image was in tatters. Making the problem even worse: Then-CEO John Stumpf played down the scandal and even appeared to siphon all the blame to “a couple bad apples”--coming off as tone deaf in the process. Stumpf eventually resigned, and saw a portion of his pay clawed back by Wells Fargo’s board.
Bitcoin has held strong support and has its sights set on a test of the $3,000 level, according to Goldman Sachs. In a note sent out to clients on Monday, Sheba Jafari, the head of technical strategy at the bank, updated her recent chart work on the cryptocurrency. The $1,856 to $1,790 area "has the potential to act as strong support," Jafari wrote.
Investing during retirement is a very different animal from investing before retirement. Retirees need most of their income to come from diversified portfolios that protect their nest egg from large drawdowns in a bear market. Below, three Fools lay out the case for investing in WisdomTree LargeCap Dividend ETF (NYSEMKT:DLN), Schwab U.S. Aggregate Bond ETF (NYSEMKT:SCHZ), and Vanguard Health Care ETF (NYSEMKT:VHT), three low-cost index funds that are fit for investors who want to stay invested for the long haul. Yield with upside Daniel Miller (WisdomTree LargeCap Dividend): Investing is a great way to build wealth over the long term, but many people don't have the time or background to properly
There is a time when you should seriously consider buying Nvidia (NVDA) . TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said Nvidia (NVDA) offers an ecosystem and is far ahead in artificial intelligence, machine learning and autonomous driving. Cramer said the stock should be bought when it drops. Nvidia shares are up 56% so far this year. Thanks partly to soaring AI-related demand, Nvidia's Datacenter product segment saw revenue rise 186% annually in the company's April quarter to $409 million, after rising 205% in the January quarter, per a report from TheStreet's Eric Jhonsa. Nvidia stock traded down 0.5% to $165.08 by Wednesday's close. Morgan Stanley Can Go to a 15 Multiple,
Revelations that a Russian developer's representative was the eighth attendee at a Trump Tower campaign meeting arranged by President Donald Trump's eldest son prompted a new round of castigation on Tuesday from Democrats. It also brought word that the special counsel investigating possible Trump campaign ties to Russia wants more information about the sit-down. Officials from the office of special counsel Robert Mueller reached out over the weekend to a lawyer for Ike Kaveladze, who also goes by the name Irakly Kaveladze, attorney Scott Balber told The Associated Press.
Industrial goods manufacturer General Electric Company GE is scheduled to report second-quarter 2017 results before the opening bell on Jul 21. In the last reported quarter, the company’s operating earnings beat the Zacks Consensus Estimate by 4 cents. Over the trailing four quarters, General Electric reported an average positive earnings surprise of 9.4%, beating estimates thrice and matching them once.