Vials of coronavirus disease (COVID-19) vaccine candidate BNT162b2 are sorted at a Pfizer facility in Puurs, Belgium in an undated still image from video. Pfizer | Reuters So-Low Environmental Equipment, a maker of ultra-cold freezers, is seeing a surge in demand for its products in anticipation of coronavirus vaccine distribution, leading to an inventory backlog
Month: November 2020
getty With the markets reacting to the recent Presidential election, now might be the perfect time to explore the option of rolling your current or former employers’ 401(k), 403(b), or profit sharing retirement plan to an Individual Retirement Account (IRA). There can be some major benefits to rolling your 401(k) plan into your IRA, but
Concept of moving to foreign countries and living as expat. getty In the latest installment of In the Pages, Tax Notes International contributing editor Robert Goulder sits down with the authors of the Tax Notes article “A Simple Regulatory Fix for Citizenship Taxation.” The authors discuss regulatory actions that Treasury can take that would, in the absence of legislative change,
With a move back to Texas on his mind, comedian Ron White of “Blue Collar Comedy” fame has listed … [+] his home in the Beverly Hills Post Office area for $7 million. Daniel Dahler Photography | Hilton & Hyland Stand-up comedian Ron White, who gained fame in the 2000s as a member of the
Simon & Schuster display at the London Book Fair at Kensington Olympia on the 12th March 2019 in London. Sam Mellish | In Pictures | Getty Images ViacomCBS announced Wednesday that it would sell publishing company Simon & Schuster to Penguin Random House, a subsidiary of Bertelsmann, in a deal worth $2.175 billion. The transaction is
Enrique Lores, CEO, HP Scott Mlyn | CNBC HP shares rose as much as 9% in extended trading on Tuesday after the PC maker reported fiscal fourth-quarter earnings that beat analysts’ estimates and provided an optimistic earnings forecast. Earnings: 62 cents per share, adjusted, vs. 52 cents per share as expected by analysts, according to
Take a look at some of the biggest movers in the premarket: Gap (GPS) – Gap reported quarterly earnings of 25 cents per share, missing consensus estimates by 7 cents a share. The apparel retailer’s revenue beat forecasts, however. Gap’s bottom line was hurt by increased marketing and shipping costs resulting from a shift to
Neiman Marcus now offers a virtual gift advisor service, and an in-store concierge service, to help customers pick out items on their wish lists. Source: Neiman Marcus Santa Claus will be busy delivering packages curbside, by appointment, at Neiman Marcus this holiday season. This is just one of the new initiatives that the luxury department
Richard Newstead | Moment | Getty Images Drones have arrived on Wall Street. Goldman Sachs, the world’s top mergers advisor, is among investment banks using drone technology to give its clients a bird’s-eye view of the companies they are bidding on, according to Stephan Feldgoise, the firm’s global co-head of mergers and acquisitions. After Covid-19
Capitol Building in Washington, D.C. DEA / M. BORCHI | De Agostini | Getty Images Nearly 14 million American workers are collecting unemployment benefits through programs that will lapse at the end of the year without congressional action. Expiring aid would leave many without income at a time when protections for renters, homeowners and student
Thus far, the risk pooling discussion has focused on annuities. Another form of risk pooling for longevity is available through life insurance, and this chapter* explores the ways that life insurance can potentially be incorporated into lifetime financial planning. This discussion is mostly about whole life insurance in comparison to term life insurance, but other
Then-Fed Chair Janet Yellen testifies before a Senate Banking, Housing and Urban Affairs Committee … [+] hearing in 2017. (Photo By Tom Williams/CQ Roll Call) CQ-Roll Call, Inc via Getty Images Wall Street reacted positively to President-elect Joe Biden’s nomination of Janet Yellen for Treasury secretary. The Dow Jones Industrial Average hit a record high
In the COVID era, smart phone-enabled self touring is allowing property managers to fill more … [+] apartments. (Photo by Dinendra Haria/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images A second novel coronavirus surge currently sweeps the land. Herd immunity remains at least months off. Apartment building vacancies continue climbing. And according to
People wait in line to get a 15-minute rapid Covid-19 test on November 24, 2020 in Madison, Wisconsin. Andy Manis | Getty Images News | Getty Images The use of technology is going to make health care “almost free around the world,” according to venture capitalist Tim Draper. “Health care is completely going digital,” he
A Gap store in New York, August 2, 2020. Scott Mlyn | CNBC Gap Inc. on Tuesday reported fiscal third-quarter earnings that fell short of expectations, as higher spending on marketing offset sales gains at Old Navy and Athleta. Under CEO Sonia Syngal, the retailer has centered investments around new advertising to clearly define each
U.S. stock futures rose slightly on Tuesday night following a banner day for three of the for major market benchmarks. Dow Jones Industrial Average futures traded higher by 52 points, or 0.2%. S&P 500 futures also climbed 0.2% and Nasdaq 100 futures advanced 0.3%. The Dow broke above 30,000 for the first time on Tuesday,
For Rep. Alexandria Ocasio-Cortez, being a member of Congress requires being “on-call 24/7,” she recently told Vanity Fair. But despite the demands, AOC has trick to staying both productive and upbeat. “I try to focus less on ‘productivity’ and focus more on impact,” Ocasio-Cortez, 31, wrote in an Instagram story Saturday night. Ocasio-Cortez, who sits on the
The PayPal application can be seen on a mobile phone. Felix Kästle | picture alliance | Getty Images Fintech companies are helping fuel demand for bitcoin as they open the floodgates for millions of people to trade it. By one firm’s analysis, PayPal and Square clients have been buying the majority of the new bitcoin
Elisabeth Reynolds MIT The predictions were scary. Half of the jobs in industrialized countries could, one day, be taken over by robots. What would workers do? How would they earn a living? In 2018, a taskforce at the Massachusetts Institute of Technology set out to answer these questions. Over the next two years, more than
Economic Security Planning, Inc. Today’s column addresses questions about whether a spousal benefit should always be half the other spouse’s retirement benefit, whether the Windfall Elimination Provision applies to spousal benefit and how divorced spousal benefit rates are determined. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of
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