Sir Richard Branson stands on the floor of the New York Stock Exchange (NYSE) ahead of Virgin Galactic (SPCE) trading in New York, U.S., October 28, 2019. Richard Branson Virgin Galactic IPO NYSE Virgin Galactic took a step closer to completing development of its space tourism system on Saturday, successfully flying its first spaceflight in
Month: May 2021
Take a look at some of the biggest movers in the premarket: VF Corp (VFC) – The company behind apparel brands like The North Face, Timberland and Vans posted a mixed quarter, beating top line estimates but reporting lower-than-expected per-share profit. VF said the majority of its supply chain is operational, although it has seen
A small child wearing a mask sits on her fathers shoulders outside of the Lenox Health Greenwich Village hospital during the nightly ‘Clap Because We Care’ cheer for medical staff and essential workers on May 29, 2020 in New York City. Alexi Rosenfeld Homeless families, or those that are between permanent addresses, can still get
By Rosie Wolf Williams, Next Avenue The last year changed so many things in all our lives, including how we spend. Although the recent reduction of pandemic restrictions has some people starting to splurge, COVID-19 has been a time of frugality for many Americans, especially older ones, according to a CouponFollow survey and Next Avenue interviews with consumers.
The Biden Administration and Congress have proposed sweeping changes to the way long term capital gains are taxed both during your lifetime and after your death. Although none of these proposals are final, and may never become final, they do raise the question of what tactics are available to reduce or defer the taxes on appreciated
In a sea of flashy amenities and larger-than-life mega-mansions, it can be challenging to stand out in Los Angeles’ speculative development scene. But one development firm is redefining the idea of luxury living in L.A. by leveraging a highly bespoke approach. Viewpoint Collection is a premier real estate developer that works with the most renowned
Head Coach Quin Snyder of Team LeBron coaches during the 70th NBA All Star Game as part of 2021 NBA All Star Weekend on March 7, 2021 at State Farm Arena in Atlanta, Georgia. Jesse D. Garrabrant | National Basketball Association | Getty Images Luceo Sports, a software company that digitizes and animates sports playbooks,
People walk past the Federal Reserve building on March 19, 2021 in Washington, DC. Olivier Douliery | AFP | Getty Images The Federal Reserve is facing a big summer ahead as markets look for clues about when the ultra-easy policy measures put in place during the pandemic might finally start to unwind. Investors got their
In this article ALKS Hiraman | E+ | Getty Images Company: Alkermes Plc (ALKS) Business: Alkermes is a biopharmaceutical company that researches, develops, and commercializes pharmaceutical products to address unmet medical needs of patients in various therapeutic areas in the United States, Ireland, and internationally. Its marketed products include ARISTADA (aripiprazole lauroxil), an extended-release intramuscular
PeopleImages | E+ | Getty Images Prices are picking up faster than usual, and the threat more investors are talking about is inflation. Inflation presents challenges for investors in a number of ways, experts say. Most simply, as the cost of living goes up, your returns don’t go as far. That’s a particularly vexing problem
There’s an old adage when it comes to building a seven-figure retirement account: “Save early and often.” Implicit in these four words lies the powerful concept of compound interest. You’ve heard the term “compounding,” you’ve probably grown numb to its true meaning. In case you need reminding, it refers to the fact that, over time,
The question might seem so ridiculous that it borders on idiotic—after all, Malibu is known around the world for its epic coastal hills that slope dramatically into soft-sanded beaches lining the Pacific, as well as its Mediterranean climate and famous residents that include the likes of Will Smith, Leonardo DiCaprio and Pierce Brosnan. But if
Steve Granitz LONDON — Gwyneth Paltrow’s wellness company Goop has been warned that its U.K. operations could be shut down after failing to file its accounts. According to Goop’s page on Companies House, a registrar for companies in the U.K., the firm’s accounts are overdue. Companies House issued a second notice for a “compulsory strike-off”
In this article T OTLY BA .CRBQX VFC DE An ASL Airlines Boeing 737-400 freighter landing at Milan Malpensa airport. Fabrizio Gandolfo | LightRocket | Getty Images Check out the companies making headlines in midday trading. Boeing — Boeing shares edged nearly 3% higher in midday trading after Reuters reported the aircraft manufacturer discussed increasing
Demonstrators participate in a protest asking senators to support the continuation of unemployment benefits on July 16, 2020 in Miami Springs, Florida. Joe Raedle | Getty Images As Covid-19 restrictions loosen for businesses large and small, jobs are coming back. For people who are still out of work and collecting unemployment benefits, that could make
By Chris Farrell, Next Avenue Increasing numbers of people have found themselves living on low and insecure incomes for decades, including many workers 55 and older. Following the trauma of the pandemic and the social unrest after the murder of George Floyd by a former Minneapolis police officer, addressing the problem of creating a more equitable
There’s a lot of talk in Washington about a compromise infrastructure bill that would include a hike in the federal tax on gasoline and diesel fuel. Bad idea! This segment of What’s Ahead lays out why. Proponents say this tax hasn’t risen in years, and is thereby lagging inflation. And they also point to the
Actor Steve Hytner has sold his Mid-City Los Angeles home for $1.59 million, which is nearly $200,000 more than the listing price for the newly-remodeled property. As Hytner’s most well-known character, Kenny Bania on the hit NBC sitcom Seinfeld, would say, “That’s gold, Jerry! Gold!“ The “Seinfeld” actor’s home received more than 50 offers after hitting
CNBC’s Jim Cramer is eager to begin focusing back on the stock market, but the cryptocurrency craze is still capturing Wall Street’s attention. He expects that bitcoin and other speculative coins will continue to be top of mind, and the big declines being witnessed in crypto markets will drag on stocks. This could create buying
Alex Chi, Goldman Sachs Source: Goldman Sachs A year after the pandemic began in New York City, something snapped in Alex Chi. The 48-year-old Goldman Sachs banker had been inundated with articles and video clips of horrifying seemingly random attacks on Asian Americans in his home town. Then, in late March, eight people were gunned
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