A man uses a vape as he walks on Broadway in New York City, September 9, 2019. Andrew Kelly | Reuters U.S. health officials finally have a potential breakthrough in the vaping illness outbreak that’s killed at least 39 people, narrowing in on vitamin E acetate as a “potential toxin of concern,” Centers for Disease
Disney shares were up more than 5% after the company reported an earnings beat for its fiscal fourth-quarter on Thursday. Here are the key numbers: Earnings per share: $1.07, adjusted, vs. 95 cents expected, according to Refinitiv Revenue: $19.1 billion vs. $19.04 billion expected, according to Refinitiv Disney’s fiscal fourth-quarter earnings arrive just days before
Chris Dixon, General Partner at Andreessen Horowitz, discusses cryptocurrency during the TechCrunch Disrupt forum in San Francisco, October 2, 2019. Kate Munsch | Reuters Bitcoin’s buzz may have faded but Andreessen Horowitz is still betting on cryptocurrency and its underlying technology. The Silicon Valley venture capital firm is launching a school to coach entrepreneurs on
Billionaire Mike Bloomberg could enter the presidential race and immediately make a mark, longtime Republican pollster Frank Luntz told CNBC on Friday. “Mike Bloomberg has more money than God,” said Luntz, explaining how the businessman, philanthropist and former New York City mayor could benefit from his wealth if he enters the race. He said Bloomberg
Chief executive officer and chairman of The Walt Disney Company Bob Iger and Mickey Mouse look on before ringing the opening bell at the New York Stock Exchange (NYSE), November 27, 2017 in New York City. Getty Images Disney shares jumped Friday as excitement around the media giant’s streaming service overshadowed a sharp profit decline
Guido Mieth | DigitalVision | Getty Images It’s not just saving for retirement you need to worry about, but drawing down your money at the right time, too. The IRS requires savers to make withdrawals from their retirement accounts starting at the age of 70½. “They’ve allowed you to defer taxes, but they need to
Before I started my company GMM Nonstick Coatings in 2007, my biggest fear was “What if it fails?” A wise older friend who had started and sold a number of large companies said, “People on their deathbed usually regret the things they did not do, not their failures. If you don’t try, you’ll never know
An interview with billionaire entrepreneur and Shark Tank investor, Mark Cuban. In this interview, Mark discusses his early business ventures and how he made them successful, including the success he had in trading and starting a hedge fund. Mark also talks about the Dallas Mavericks, politics and Shark Tank. ? Books by Mark Cuban and
An interview with billionaire Sequoia venture capitalist, Michael Moritz. In this interview, Michael discusses how he went from a journalist to a venture capitalist and what characteristics he looks for in investments and entrepreneurs. Michael also talks about what he would do today if he just graduated and the future of Silicon Valley. ? Books
raccoon in a trash can Getty Most stocks that pay more than 10% are, honestly, trash. Their yields usually look big because their stocks have split once or twice “the wrong way.” Take Tupperware Brands (TUP), for example. The party ended abruptly for these shareholders. I feel bad for anyone who was mistakenly holding these
Share to facebook Share to twitter Share to linkedin This time, though, the two might actually talk. Michael Cohen/Getty Images for The New York Times Topline: Bill Gates became the latest among a slew of billionaires to express skepticism over Senator Elizabeth Warren’s wealth tax on Wednesday, sparking a twitter conversation between the two, in
Berlin: In the area around East Side Gallery, the open-air gallery where remnants of the Wall have … [+] been painted by artists, property prices saw a shocking 6419% increase. (Photo by Adam Berry/Getty Images) Getty Images Housing prices in Central Berlin have skyrocketed by 400% since the fall of the Berlin Wall in November
Workers load goods for export onto a crane at a port in Lianyungang, Jiangsu province, China June 7, 2019. Reuters China’s exports and imports beat forecasts in October, Reuters reported citing data from the country’s customs. In dollar terms, exports fell 0.9% while imports fell 6.4% from a year ago in October. Trade balance for
Drew Houston, Dropbox Co-Founder and CEO, speaking at CNBC’s @Work conference in San Francisco on November 4, 2019. Arun Nevader | CNBC Dropbox shares bounced around after the company reported better-than-expected third-quarter earnings on Thursday, as investors digested the company’s improvements on some key metrics but widening GAAP losses from a year ago. Here are
A child receives a vaccination shot at a hospital in Huaibei in China’s eastern Anhui province on July 26, 2018. – | AFP | Getty Images SHANGHAI – Some of the world’s largest medical and health care companies are stepping up their bets on the Chinese market, regardless of slowing economic growth and trade tensions.
Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters The so-called “Santa Claus rally” is already upon us, according to Tom Lee, Fundstrat Global Advisors’ head of research. The Dow Jones Industrial Average hit another new record on Thursday, bringing its gain for the year to 18%. Improving economic
cmannphoto | Getty Images Get out your pencils and calculators: The IRS has released a breakdown of what’s ahead for the 2020 tax year. Taxpayers who’ve been paying close attention will notice that the Tax Cuts and Jobs Act overhauled the tax code. Those sweeping changes include a higher standard deduction — it’s now $12,400
An interview with billionaire and founder of Nike, Phil Knight. In this interview, Phil discusses how he got the idea for Nike and building the company into the succes it is today. Phil also talks about the traits needed to be successful and how he overcame many crises throughout his career. ? Books by Phil
An interview with billionaire investor and vice chairman of Berkshire Hathaway, Charlie Munger. In this interview, Charlie discusses the current investing environment and his thoughts on US and world politics. Charlie also talks about the behaviour of businesses and the rise of Amazon. Finally, Charlie gives advice on living a good life.? Books about Charlie
Getty Stop me if you’ve heard this one before: the earnings gap between men and women affects not merely their living standards in the short-term, but also their well-being in retirement. There’s nothing surprising here. But the whole discussion is very narrowly focused on income. There’s an elephant in the room: marriage. Let’s start with