90-year-old with no plans to retire
90-year-old with no plans to retire
President Donald Trump's drive to win passage of a sweeping Republican tax bill in the U.S. Congress hit potential obstacles on Thursday as two more Republican senators insisted on changes, joining a list of lawmakers whose support is uncertain. Rubio and Mike Lee of Utah are in talks with other senators about expanding child tax credit refundability, said Conn Carroll, a Lee spokesman.
Apple Inc. customers seem to be opting for cheaper models of the iPhone, according to Cowen and Co. analysis, suggesting that the company failed to cram enough new technologies into the iPhone X to justify the $999 price tag. Waiting times to order the flagship smartphone have shortened to a few days from the five to six weeks that were typical immediately after it was released in November, Cowen analyst Karl Ackerman said in a note to clients. “Some investors may conclude this relates to better sales momentum for the X, but we are increasingly concerned that demand has been below initial expectations as users appear to have gravitated toward the previous iPhone models,‘’ Ackerman wrote.
The Republicans' proposed tax bill would change income tax brackets in 2018. In the midst of the political maneuvering, we've calculated how President Donald Trump's tax plan could affect you if tax reform is signed into law. By looking at what Trump's tax plan means for Americans' take-home pay at different income levels, our team at Business Insider got a number of emails that made us realize something important: Most people don't understand how tax brackets actually work.
On December 3rd, a Facebook memory from seven years ago appeared on my timeline. My little family moved back to the States, settling in Newtown, Conn. Less than two years later, both of my sons would be at Sandy Hook School on Dec. 14, 2012.
What a year it's been for cryptocurrencies. With just over two weeks left before we turn the page on 2017, the aggregate market cap of nearly 1,340 cryptocurrencies combined, as of Dec. 10, equaled $437 billion, up close to 2,400% since the year began. The euphoria behind digital currencies can predominantly be summed up as excitement surrounding the use of blockchain technology.
If so, it’s only fitting that George Clooney plays the lead role. Rande Gerber, who cofounded the Casamigos tequila company with Clooney, says the actor made 14 of his close friends surprise millionaires in 2013. Speaking on MSNBC's Headliners, Gerber said Clooney (whose net worth is estimated at $500 million by CelebrityNetWorth) gave the cash to his closest friends at a dinner at the actor’s house.
NEW YORK (AP) — "Net neutrality" regulations, designed to prevent internet service providers like Verizon, AT&T, Comcast and Charter from favoring some sites and apps over others, are on the chopping block. On Thursday, the Federal Communications Commission plans to vote on a proposal that would not only undo the Obama-era rules that have been in place since 2015, but will forbid states to put anything similar in place. WHAT IS NET NEUTRALITY?
Surveillance video shows what the federal government alleges was a food stamp fraud perpetrated by leaders and members of Utah`s largest polygamous church.
Delta Air Lines has agreed to a firm order for 100 Airbus A321neo jets. Delta Air Lines announced a firm order for 100 Airbus A321neo airliners on Thursday with a list value of $12.7 billion. "This is the right transaction at the right time for our customers, our employees, and our shareholders," Delta CEO, Ed Bastian said in a statement.
IBM’s (IBM) latest project has it teaming up with some big names. Companies like JPMorgan, Barclays and Samsung will all work together with IBM to uncover practical uses for quantum computing. Ford (F) is denying a Reuters report this morning that the auto giant will build and import Fusion sedans from China to the United States.
As evidenced by a nearly five-minute video clip released Wednesday evening, Republican candidate Roy Moore is not planning on conceding the Alabama Senate race any time soon. As of right now, any recount would need to be financed by Moore or his campaign. Moore has 48 hours after the vote’s certification to request a recount, the office said.
Disney has agreed a deal to buy much of 21st Century Fox's studio and television production assets for $52.4 billion. The companies said in a press release that the acquisition would result in at least $2 billion in "cost savings from efficiencies," which could mean layoffs. Disney has agreed a deal to acquire much of 21st Century Fox's studio and television production assets for $52.4 billion.
Walmart, the largest private employer in the U.S., will begin allowing its 1.44 million employees to access their paychecks before payday. This policy presents a better alternative to expensive payday loans, but may still encourage people to live beyond their means. After two years of talks with Even, a fintech startup that helps users budget by accessing upcoming pay early, Walmart (WMT) is rolling out the app to its entire workforce.
Republican leaders reached an agreement on their final tax bill on Wednesday, making it look more likely that tax reform will be passed before the end of the year. This final bill is the product of a conference committee to reconcile differences between the House and Senate versions that Republicans in those chambers passed. Tax reform is being billed as a boon for America's middle class by Republicans and the White House.
Federal Reserve Chair Janet Yellen sheds light on how investors should think about stock market valuations. For some time, the Federal Reserve has been acknowledging that stock market valuations are high. Fed Chair Janet Yellen reiterated this during a Q&A session at the end of the Federal Open Market Committee (FOMC) meeting on Wednesday.
Attorney Alan Dershowitz on former Attorney General Eric Holder’s tweet that warned Republican lawmakers not to remove special counsel Robert Mueller.
UPS and the Teamsters are at it again, this time over holiday working hours. With record-breaking demand for United Parcel Service Inc. (UPS) following Black Friday and Cyber Week sales, the Atlanta-based shipping giant informed drivers on Dec. 1 that they could be scheduled to work 70 hours over eight days during the holiday season (or the more typical 60 hours over seven days), which is in compliance with DOT regulations. Jim Hoffa, Teamsters General President, expressed his "outrage and concern" in a letter dated Dec. 4 to UPS CEO David Abney about the company bumping up the workweek.
The biotech industry witnessed a rebound in 2017 from last year’s challenges despite rising competition, pipeline setbacks, pricing pressure, slowdown in growth of mature products and generic competition for certain key drugs. The stock has a Growth Score of B and is currently valued at $17.57.
You can't tell by its stock, but Kinder Morgan (NYSE: KMI) has become more profitable since cutting its dividend. Not only that, but based on Kinder Morgan's distributable cash flow (DCF), it has continued to grow throughout the energy downturn. The simple truth that Kinder has continued to spout profits from its pipelines and storage assets has enormous ramifications.
While the reality of that dynamic should be kept in mind, it's also true that buying the right dividend stocks at the right prices is one of the most reliable ways to power your portfolio to market-beating returns. In pursuit of that goal, we asked a panel of Motley Fool investors to identify three high-yield stocks that offer compelling value at today's prices. Read on to learn why they picked Omega Healthcare Investors (NYSE: OHI), Verizon Wireless (NYSE: VZ), and GameStop (NYSE: GME).
“As many as 2 million comments” on the US Federal Communications Commission’s proposal to repeal Obama-era net neutrality rules were faked, the office of the attorney general of New York has found. Eric Schneiderman, the state’s attorney general, has been trying to flag this to the FCC for some time.
If you have been planning to buy a car, it might be smart to do it before December 31 so you can deduct the sales tax you pay. Republicans have proposed capping the property tax, state and local income tax, and sales tax deduction to a total of $10,000. Purchasing a car this December might be a smart idea for taxpayers in states with no state income taxes who itemize and claim the sales tax deduction, according to TaxAudit.
China’s top smartphone makers are ready to challenge Apple Inc. on its home turf after trouncing the iPhone maker in their own market. Huawei Technologies Co. and Xiaomi Corp. are in talks with U.S. wireless operators about selling flagship smartphones to American consumers as soon as next year, according to people familiar with the matter. The handset makers are negotiating with carriers including AT&T Inc. and Verizon Communications Inc., said the people, asking not to be identified because the matter is private.
Democrats won big with Doug Jones’ victory in Alabama Tuesday. The push to swear in Jones quickly comes as Democrats aim to derail the Republican tax overhaul currently in its final stages before a vote on Capitol Hill. The Republican majority in the Senate will slim to 51-49 when Jones takes office slimming the wiggle room Republicans have for defections.
Delta Air Lines Inc.’s new order for Airbus SE jets shows that it’s sometimes the side dish, not the main entree, that helps land a blockbuster deal. In announcing a purchase of 100 planes, Delta also said it would become a major maintenance provider for the Pratt & Whitney engines powering the aircraft. Pratt, a unit of United Technologies Corp., has committed to use TechOps for more than 5,000 engine repairs and overhauls.