Actress Lori Loughlin and her husband Mossimo Giannulli, wearing green tie at left, leave the John Joseph Moakley United States Courthouse in Boston on April 3, 2019. Pat Greenhouse | Boston Globe | Getty Images Massachusetts prosecutors announced Tuesday that they are levying new charges against 11 of the 15 parents implicated in the “Varsity
Month: October 2019
A customer pulls into a McDonald’s restaurant in Shepherdsville, Kentucky. Luke Sharrett | Bloomberg | Getty Images Generally, profits are topping expectations by a large margin this earnings season, but there were some notable misses on Tuesday. Some of the largest and most well-known companies in the U.S. — including McDonald’s, UPS and Lockheed Martin
Kenneth Fisher, chief executive officer of Fisher Investments, speaks at the Forbes Global CEO Conference in Sydney, Australia, on Tuesday, Sept. 28, 2010. Gillianne Tedder | Bloomberg | Getty Images The New Hampshire Retirement System voted on Tuesday to end its $239 million relationship with Fisher Investments, bringing the total divested from the money manager
Windmill and canal view in Leiden, Holland in spring Getty The Melbourne Mercer Global Pension Index 2019 edition has been published (full report here), and the United States has been given a rank of C+ in this comparison of pension systems of 37 rich and middle-income countries, with a score of 60.6, slightly above the
The astonishing buying/investing power of SoftBank has altered much of the world’s way of thinking … [+] about businesses. Photo by Eloise Ambursley on Unsplash Is it just me, or has the reduction in WeWork’s ostensible value from $47B to $8B caused a frisson of schadenfreude in the business world? Could it be a sign
The Tax Foundation’s 2020 State Business Tax Climate Index illustrates the states’ relative business … [+] tax burdens. (See: https://taxfoundation.org/2020-state-business-tax-climate-index/) The Tax Foundation The 27 states with the lightest tax burden on individuals continued to add jobs at double the rate of the 23 states with higher taxes since the federal tax cut was signed
Kevin Plank and Patrik Frisk will “divide and conquer” their responsibilities in leading Under Armour, the duo told CNBC Tuesday morning, on the heels of the company announcing Plank will step down as CEO on Jan. 1. Plank will be succeeded by current COO Frisk, who only just joined the company about two and a
Employees sort packages at the United Parcel Service (UPS) Chicago Area Consolidation Hub in Hodgkins, Illinois. Daniel Acker | Bloomberg | Getty Images on Tuesday reported a quarterly profit that came ahead of Wall Street estimates, benefiting from strong e-commerce demand and rival breakup with Amazon.com. United Parcel Service’s e-commerce fueled quarterly profit beat on Tuesday
The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of Bank of America. Steve Grasso was a buyer of Snapchat. Dan Nathan was a buyer of Facebook. Guy Adami was a buyer of Schlumberger. Disclosure Trader disclosure: Tim Seymour is long AMZN, AAPL, ACBFF, ACRGF, ALEF, AMZA, ACB,
Tech just can’t get away from politics. Sen. Elizabeth Warren, D-Mass., has a bone to pick with Facebook, mainly its standards for political ads. After Facebook refused to take down a Trump campaign ad that accused him of wrongdoing connected to his son Hunter’s work in Ukraine, Warren fired back. She posted her own Facebook
A woman takes a selfie with a dog Ezequiel Becerra | AFP | Getty Images A company responsible for keeping pets healthy may have just won earnings season. PetMed Express soared more than 30% on Monday after the online pet pharmacy said its quarterly profit topped Wall Street’s estimates. The company reported earnings of 33
JGI | Jamie Grill | Blend Images | Getty Images Not feeling well? It could be your credit card that’s making you sick. Americans are taking on ever-increasing amounts of debt and it’s harming their health and relationships, according to researchers. The average American has three credit cards and a total balance of $6,506, up
Paisan191 | iStock / 360 | Getty Images Several years ago Bryanne Leeming had little more than a promising business idea and a prototype for a device to teach kids how to code through recess-style play. Today her Boston-based start-up has 10 employees, and its initial product, Unruly Splats, is used by schools in 45
Getty It’s not very hard to find a financial adviser to help you prepare for retirement. But finding one you can trust? That can be tough. The first episode of the new Friends Talk Money podcast offers guidance — and a couple of scary stories. (You can listen to it below.) I’m pleased to say
When you live in or are looking to move into a neighborhood in a market that has become scorching hot, it’s normal to feel defeated looking at real estate prices and feeling priced of anything in the area. Buying property in an up-and-coming neighborhood before the values increase is, in my view, the best possible
You may not be laughing when you hear how small the Social Security Cost of Living Adjustment is for … [+] 2020. MAY 18: Jane Fonda and Lily Tomlin attend the Netflix FYSEE “Grace and Frankie” ATAS Official Red Carpet and Panel at Raleigh Studios on May 18, 2019 in Los Angeles, California. (Photo by
Shoppers cram into a Macy’s store ahead of the holidays. Charles Sykes | AP With online shopping gaining ground year after year, Cyber Monday now surpasses Black Friday as the preferred day for deals around the holiday season, for all age groups from Gen Z to seniors, according to a new study. Deloitte said overall
Taavet Hinrikus and Kristo Käärmann, founders of TransferWise Source: Transferwise ABU DHABI — TransferWise, the $3.5 billion financial technology start-up backed by investors including Peter Thiel and Richard Branson, is expanding its money transfer service in the Middle East. The company announced Tuesday it obtained a license as a Money Services Provider in Abu Dhabi.
Getty Images The number of millionaires in the world grew to nearly 47 million over the past year, and they now own close to half of the world’s wealth, according to a new study. Despite the trade wars, slowing global growth and the volatile stock markets, the total number of millionaires in the world increased
Brendan McDermid | Reuters The Dow Jones Industrial Average is only about 2% from a record high, but confidence is hard to come by when wealthy investors are asked about the future direction for the market. The percentage of the affluent investors who expect a stock market decline to be booked in the fourth quarter
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