The international community has been kicking around the OECD’s two-pillar solution to tax reform for a while now. It was more than two years ago, in October 2020, when the group released so-called blueprints detailing what each pillar would look like and how they would deliver much-needed stability to the global tax environment. A year
Month: November 2022
Share to Facebook Share to Twitter Share to Linkedin Far East Organization—controlled by billionaire brothers Robert and Philip Ng—in partnership with Japan’s Sekisui House submitted the highest bid of S$320.8 million ($226 million) for a suburban residential site in the prime Upper Bukit Timah neighborhood in western Singapore. The duo’s offer was higher than the
In this article MAXR Follow your favorite stocksCREATE FREE ACCOUNT A close look at the primary mirror of a Worldview Legion satellite during assembly and inspection. Maxar Space infrastructure and imagery company Maxar said Thursday the first launch of its key next-generation imagery satellites is set for the beginning of next year. The company plans
In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, the Warner Bros. Discovery logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Warner Bros. Discovery reported its third-quarter earnings on Thursday, missing analyst expectations, as it felt the effects of a tough
In this article PTON TAL TPX QCOM ROKU Follow your favorite stocksCREATE FREE ACCOUNT Under Armour clothing is seen for sale in a store in Manhattan, New York City, February 7, 2022. Andrew Kelly | Reuters Check out the companies making headlines in midday trading Thursday. Under Armour — Shares of the athletic apparel maker
George Soros, chairman of Soros Fund Management Nelson Ching | Bloomberg | Getty Images America’s billionaires spent a record $880 million on the U.S. midterm elections so far, with most of their spending favoring Republicans, according to a new report. Billionaire spending is up 44% over the 2018 midterms, and is expected to approach $1
A sign marks a Fidelity Investments office in Boston, Massachusetts, April 28, 2022. Brian Snyder | Reuters Fidelity Investments is launching a commission-free crypto trading product for retail investors. The firm, one of the largest brokerages in the world handling $9.9 trillion in assets, opened an early-access waitlist to users Thursday morning. The service, called
Tim Boyle | Bloomberg | Getty Images Although prices for new cars are moderating a bit, financing a vehicle purchase hasn’t been getting any cheaper. With the Federal Reserve’s latest interest rate hike — the sixth this year — auto loans are poised to become even more expensive. The Fed’s move has a ripple effect,
Key Takeaways As expected, the Fed raised interest rates again by 0.75 percentage points Chairman Jerome Powell stated that they may slow the pace at which they’re hiking rates, but may end up sending them higher than previously expected. It’s a confusing time for investors, as the Fed tries to thread the needle to bring
The future of Social Security and Medicare has unexpectedly become a central point of contention in the final week before the 2022 midterm elections. As the two biggest non-emergency spending programs in the federal budget and the foundation of retirement security for nearly all American workers, it makes perfect sense to have a conversation about
The pandemic turned us into a nation of painters. Confined within our four walls, we could not resist the temptation to contemplate a color change. We wanted drama, but we also wanted a peaceful environment; we wanted a graphic punch of color while we yearned for a soothing backdrop; mostly, we just wanted a change.
Charter Communications Chief Executive Officer Tom Rutledge will be stepping down as the company’s CEO on Dec. 1. He will remain as executive chairman until November 2023, when his contract expires. Rutledge referred to his decision to leave as “retirement,” but the almost 70-year-old executive, who has been in the industry for 50 years, told
In this article PTON Follow your favorite stocksCREATE FREE ACCOUNT Brody Longo works out on his Peloton exercise bike on April 16, 2021 in Brick, New Jersey. Michael Loccisano | Getty Images Peloton posted a wider-than-expected loss for its fiscal first quarter, as a steep decline in connected fitness products revenue outweighed an increase in
A passageway near the Bank of England (BOE) in the City of London, U.K., on Thursday, March 18, 2021. Hollie Adams | Bloomberg | Getty Images LONDON — The Bank of England on Thursday raised interest rates by 75 basis points, its largest single hike since 1989, but struck a dovish tone as policymakers looked
Bob Pisani, CNBC Scott Mlyn | CNBC Thinking of writing a book? You might want to reconsider. On Monday, a federal judge blocked Penguin Random House’s proposed purchase of Simon & Schuster, agreeing with the Justice Department that joining the two giant publishing houses would lessen competition for top-selling books. As an author, I agree
Ijeab | Istock | Getty Images Pell Grants have been in the news a great deal after President Joe Biden announced his sweeping student loan forgiveness plan. The president’s policy, unveiled in August, offers up to $10,000 in loan cancellation for tens of millions of Americans who borrowed for their education. And it goes further
Key takeaways A recession is a period of a sustained downturn in economic activity. The old rule of thumb used to be two consecutive quarters of negative economic growth, but it’s now down to the National Bureau of Economic Research to call the start of a recession. Recessions can happen for a wide range of
From above, this mountain home resembles a four-pointed star poised atop a ridge line in the foothills of northwestern Boulder, Colorado. But sheltered by the vaulted turquoise roofs is an evolving architectural showplace. Originally built in 1993, the modern house has been reimagined three times under different owners by E.J. Meade of Arch11 with the
Loading chart… Edwards Lifesciences Corp: “I suggest that you have to buy Johnson & Johnson. They bought the better heart-valve company.” Loading chart… Cerence Inc: “In a market like this, it can go to $13, $12. If you can take that level of pain, you can absolutely buy it, because it is a good company.”
In this article QCOM Follow your favorite stocksCREATE FREE ACCOUNT Qualcomm shares fell 7% in extended trading on Wednesday after the chipmaker reported in-line fiscal fourth-quarter earnings but offered poor first-quarter guidance. Qualcomm also said it implemented a hiring freeze at the start of the current quarter. Here’s how the company did: Earnings: $3.13 per