Twitter says it paid co-founder Jack Dorsey a salary last year for the first time since he returned to his post as CEO in 2015. The billionaire was paid a symbolic sum of $1.40 in 2018, the firm said in a regulatory filing Monday, likely a reference to Twitter’s old character limit. Twitter’s reasoning? It’s
Short seller Carson Block believes recent Boeing crashes of its 737 MAX planes show that the company is more concerned with short-term profit than anything else. Founded by Block, Muddy Waters Research tweeted from its account on early Tuesday morning that Boeing “has turned to blame the victim in the 2nd crash. Anything 2 protect
You don’t need a million dollars to live a luxurious retirement — so long as you’re willing to leave the United States behind. “Most people assume that a high-flying existence like that is the purview of the rich and famous alone,” said Jennifer Stevens, the executive editor of International Living. They’re wrong, Stevens said. The
Women-owned businesses continue to be a growth engine for the U.S. economy, and recent data shows their access to capital is an indicator of the phenomenon. The number of women-owned businesses that applied for funding in 2018 increased by 13 percent, according to an annual study of women-owned companies by Biz2Credit, a leading online credit
New legislation might make it easier for you to save for retirement. Getty There are potential changes afoot in the retirement arena, and some of those changes could be potentially beneficial for a lot of retirees. On March 29, the House Ways and Means Committee unveiled HR 1994, or the SECURE (Setting Every Community Up
Getty Getty New York’s ‘millionaire tax’ was meant to be temporary, with a short three-year life, when it took effect back in 2009, a response to the financial crisis. But now, 10 years later, the state budget Gov. Andrew Cuomo just signed into law, has extended the tax which hits millionaire earners with a top
Before I take the wheel of the all-electric Jaguar I-Pace (MSRP $85,900), I slide into the back seat to get a feel for the legroom. From the outside, the I-Pace is a futuristic, compact SUV that sits lower than some competitors at 5 feet 2 inches—the Tesla Model X is 5 feet 6 inches high
An interview with billionaire CEO of Citadel, Kenneth Griffin. In this interview, Kenneth discusses trading and investing at his Hedge Fund, Citadel, including how he first got interested in trading and the evolution of Citadel. Kenneth also talks about his early life, real estate and philanthropy. Like if you enjoyed Subscribe for more:http://bit.ly/InvestorsArchive Follow us
European stocks are set to open slightly lower Tuesday morning, as market participants prepare for key events later in the week. The FTSE 100 is seen 9 points lower at 7,442, the CAC is expected to open down around 8 points at 5,463, while the DAX is poised to start 36 points lower at 11,926,
DowDuPont cut its forecast for first-quarter sales on Thursday, citing the impact of U.S. Midwest floods on its agri business as well as weakness in its packaging and specialty plastics division. Record floods have devastated a wide swath of the Farm Belt across Iowa, Nebraska, South Dakota and several other states, idling ethanol plants, slowing
India heads to the polls starting this week to elect members for the lower house of its Parliament. The outcome, to be announced in May, will determine if Narendra Modi can secure a second term as prime minister. One of the major political opposition groups to Modi’s ruling Bharatiya Janata Party has placed its election
CNBC’s Jim Cramer on Monday noted that shares of 3M, the company that makes Scotch tape and Post-it notes, have been soaring since the Federal Reserve ended plans to raise interest rates in 2019. After falling from $193 to about $178 in December, Cramer said the equity has rebounded from apparent weaknesses, which the notable
While Lyft was preparing to go public this week in an IPO valuing the rideshare company above $20 billion, Facebook was preparing for something else: a lawsuit from the federal government over discriminatory housing ads. That probably wasn’t in the minds of investors back in 2012 when the social network was the Silicon Valley start-up
One day, you may look back on your 20s and wonder how you did it. The word “busy” doesn’t begin to describe the different things most people juggle in the years following graduation from college. If you type “your 20s are” into Google, autofill helpfully suggests “hard,” “lonely,” “the worst,” “confusing” and, perhaps most fittingly,
IN THE CAR WHERE Paula Hanson lives, often parked outside a local sheriff’s station in Lancaster, California, her phone wouldn’t stop ringing. Hanson tried to explain to the employees at Discover Bank all that had happened to her. First, she had been laid off from her job, and then her father fell ill and she
Pills at a manufacturerGetty We are living in the age of prescription drugs. They can turn once-fatal diseases into manageable, chronic conditions. But especially for older adults, many of whom take five or more medications each day, they can cause illness or even death. A new study by Judith Garber and Shannon Brownlee of the
Bronze statue of Albert Gallatin (1761-1849), the longest serving US Secretary of Treasury, stands before the Treasury Department in Washington, DC. Getty Last Thursday the Real Property, Trust & Estate Law Section of the American Bar Association sponsored a webinar that Treasury lawyers Audrey Ellis and Wendy Kribell participated in. Steve Gorin, J.D., and Robert
Columbia Square Living’s penthouse is available for $30,000 per month. Christopher Stinner Photography Hollywood’s most expensive penthouse is searching for a star—a matinee idol, genius songwriter, an auteur. Perhaps the next Quentin Tarantino, some exceptional game changer worthy of this panoramic perch atop historic Columbia Square. Kelly Wearstler’s design creates an American Craftsman-California mod vibe.
The U.S. Food and Drug Administration on Monday refused to fully review the marketing application for Zogenix‘s treatment for seizures associated with Dravet syndrome, a rare form of childhood epilepsy, the company said. As part of a preliminary review, FDA determined that the application was not sufficient enough for a substantive review. Shares of Zogenix
Shares RH, the company formerly known as Restoration Hardware, plunged nearly 19 percent Friday morning after it cut its 2019 forecast, suggesting that the company’s new strategy will take longer to pay off than originally expected. Late Thursday, RH posted its fiscal fourth-quarter results, which were mixed as revenue fell short of expectations. The high-end