A pedestrian walks past Tencent Holdings’s headquarters in Shenzhen, China. Qilai Shen | Bloomberg | Getty Images Chinese tech giant Tencent is in exclusive talks to acquire Leyou Technologies, the Hong Kong-listed games developer announced on Friday. Leyou has a number of subsidiaries which make video games. It is most well-known for “Warframe,” a title created by
Month: July 2020
A newly erected fence blocks the front of a vacant home that Moms 4 Housing activists occupied during a months-long protest that ended in a court-ordered eviction, in Oakland, California. PHILIP PACHECO Emily Benfer began her career representing homeless families in Washington, D.C. Her first case involved a family that had been evicted after complaining to
TOPLINE Despite growing concerns about a record number of new U.S. coronavirus cases, the stock market has largely held steady thanks to surging shares of big tech companies—though that’s resulting in a very imbalanced market, experts warn. The FAANG stocks – Facebook, Amazon, Apple, Netflix and Google-parent Alphabet. Forbes KEY FACTS Even as the United
Economic Security Planning, Inc. Today’s column addresses questions about whether dependent benefits are affected by the earnings test, how delayed retirement credits for retroactive benefits are calculated and how repayments of overpayments are calculated. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, which
Attorney General William Barr listens as United States President Donald J. Trump, unseen, speaks in the Rose Garden of the White House in Washington, D.C., U.S., on Tuesday, June 16, 2020. Stefani Reynolds | Bloomberg | Getty Images Attorney General William Barr spoke with President Donald Trump about Roger Stone and recommended against granting him
Gerard Miller | CNBC Amid historically aggressive policy moves from the U.S. central bank and Congress, Dallas Federal Reserve President Robert Kaplan said the most important thing for the economy now is wearing protective face coverings. Masks in public, Kaplan said, are key to stopping the coronavirus spread, which is increasing in record numbers and
Although Kevin O’Leary started his first business at 32, he knew as a teenager that he would become an entrepreneur. He had that ‘aha’ moment working at an ice cream shop in high school, he tells CNBC Make It. “My big ‘aha’ moment was getting fired from my first job on the first day I was
Changes to Medicare that advocates have been seeking may end up in the next federal coronavirus relief legislation, experts say. The Republican-controlled Senate is expected to unveil its version of the next stimulus package in late July as the Covid-19 pandemic continues to slow economic recovery and unemployment remains high. Senate Majority Leader Mitch McConnell,
TOPLINE Despite growing concerns about a record number of new U.S. coronavirus cases, the stock market has largely held steady thanks to surging shares of big tech companies—though that’s resulting in a very imbalanced market, experts warn. The FAANG stocks – Facebook, Amazon, Apple, Netflix and Google-parent Alphabet. Forbes KEY FACTS Even as the United
WASHINGTON, DC – NOVEMBER 30: United States Supreme Court (Front L-R) Associate Justice Stephen … [+] Breyer, Associate Justice Clarence Thomas, Chief Justice John Roberts, Associate Justice Ruth Bader Ginsburg, Associate Justice Samuel Alito, Jr., (Back L-R) Associate Justice Neil Gorsuch, Associate Justice Sonia Sotomayor, Associate Justice Elena Kagan and Associate Justice Brett Kavanaugh pose
Bay 151, a new apartment community in Bayonne, NJ. is among the fresh developments luring New … [+] Yorkers from Manhattan and the Outer Boroughs to the wider open spaces. Hudson Projects Ever since the pandemic began in earnest in March, we’ve heard a lot about New Yorkers exiting the city for distant places like
A realtor wearing a protective mask uses a smartphone to provide a virtual video tour of a home for sale in Sacramento, California, U.S., on Monday, June 29, 2020. David Paul Morris | Bloomberg | Getty Images Prospective buyers getting their first glimpse of potential homes through smartphone cameras connected by FaceTime and Zoom. 3-D
A customer leaves an ATM at a Wells Fargo branch in Denver. Rick Wilking | Reuters Check out the companies making headlines in midday trading: Gilead Sciences — Gilead gained 2.1% after saying its coronavirus treatment candidate drug, remdesivir, was associated with an improvement in clinical recovery and a 62% reduction in the risk of mortality compared
Young Elon Musk had two favorite subjects in high school – and in both, he performed “best” academically. “When I was in high school … I got distinctions in two areas: physics and computer science,” Musk said on the “Third Row Tesla” podcast in February. “Those were my two best subjects.” So at the time, “I
A battle heats up between a deep-research investor with a private equity mindset and an underperforming small cap software stock. This is a textbook case of good activism — a company with poor operating history, horrible corporate governance, underperforming stock, overpaid CEO and a large, long-term shareholder with a very friendly and reasonable request with impressive
Carlos McArthur, a resident of Syracuse, New York, lost his job with a medical transportation company in March. He lived in his car for more than two months while waiting for his unemployment benefits to arrive. Carlos McArthur is one of millions of Americans who lost a job during the coronavirus pandemic. But his plight
Interest rates are at record lows. This may make the idea of borrowing money more appealing to the millions of Americans who lost their jobs or were furloughed because of the coronavirus shutdown. Two common assets that people often look towards when they need large sums of cash are their home’s equity or their 401(k),
Many Renters and Homeowners Have Trouble Paying Their Bills in the Recession. Getty Millions of renters and homeowners could face evictions and foreclosure as many have trouble paying their bills in the recession. With temporary job losses turning permanent and the unemployment rate still at double digit rates, many families do not earn enough to
July 15, 2020 is the final day you can make Individual Retirement Account contributions for 2019. Getty As the official July 15, 2020 tax day deadline is fast approaching and plenty of taxpayers have yet to file 2019 returns and 2020 estimated payments, the Internal Revenue Service is urging folks to file and pay electronically,
Inchconnachan Island in Scotland’s Loch Lomond is for sale for $631,000 Savills If your lockdown has sparked a love for solitude, then this uninhabited Scottish island–on sale for offers over $631,000–could be for you. That is, if you don’t mind sharing it with a few wallabies. Inchconnachan on Loch Lomond is being sold by the Colquhoun
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