Getty In Amazon.com’s fiercely competitive search for a second headquarters last year, Seattle—the company’s original home—turned out to be the true victor. The behemoth retailer’s decisions—first to split the promised 50,000-job bounty in two and then, in February, to scrap New York’s Long Island City altogether amid political backlash—left Seattle with the largest concentration of
Jens Schlueter | Getty Images DETROIT – From Daimler-Chrysler to Fiat Chrysler, the former American automaker Chrysler Corp. has gallivanted around the world to find partners to assist in its growth or help keep it afloat. It now has its sights set on Peugeot maker PSA Group. Both the French carmaker and Fiat Chrysler on
A customer rides his bike in front of a Taco Bell restaurant in Novato, California. Justin Sullivan | Getty Images Taco Bell’s parent company Yum Brands reported quarterly earnings on Wednesday that fell short of analysts’ expectations. Shares of the company were flat in premarket trading. Here’s what the company reported compared with what Wall
Chile said it’s calling off the Asia Pacific Economic Cooperation summit in Santiago in mid-November. President Donald Trump and Chinese leader Xi Jinping were scheduled to meet at the summit to discuss a possible “Phase One” deal that the two countries are close to finalizing. The cancellation was due to protests, according to Chile President
Rachel Robasciotti, CEO of Robasciotti & Philipson in San Francisco, attended the conference where Ken Fisher made his comments on Oct. 8. She spoke out against the remarks. Nathan Phillips Billionaire investor Ken Fisher has made headlines for lewd comments at an investment conference earlier this month. For many women in the financial services industry,
Facebook CEO Mark Zuckerberg makes his keynote speech during Facebook Inc’s annual F8 developers conference in San Jose, California, U.S., April 30, 2019. Stephen Lam | Reuters It’s been a rocky couple of weeks for Facebook CEO Mark Zuckerberg and now Wall Street analysts expect him to deliver. There’s no shortage of storylines for the
Mary Smyth | Moment | Getty Images For older adults, perhaps nothing is scarier than the prospect of spending their later years in a nursing home. More than 1 in 2 adults aged 50 and over said that they would rather die than live in a long-term care facility, according to a recent survey from
Financial advisors need a succession plan to ensure their clients’, and the industry’s, future. Andrey Popov | Getty Images Learning to expect the unexpected is a time-honored rite of passage for every small business owner. But when unpredictability strikes in the form of a key executive suddenly resigning or, worse, passing away, the fallout can
Americans Face A Retirement Crisis Because Of Past Policy Failures Getty American workers increasingly fall short in saving enough for retirement, even as the need to save more has gone up. The current options to save for retirement make it especially difficult for families to put money away. Retirement accounts such as 401(k)s and Individual
Share to facebook Share to twitter Share to linkedin The Internal Revenue Service (IRS) is warning taxpayers about a Social Security number (SSN) scam currently making the rounds. As part of the scam, thieves may call – often as a “robocall” – and try to get you to call back by claiming that your SSN
Housing in China. Getty In 2005, when I first began living in China, rent was incredibly low—as in, $100 per month for a two bedroom apartment near Zhejiang University in Hangzhou. This wasn’t just due to the fact that everything was cheaper back then or a lack of adjusting for inflation, but relative to the
Southeast Asian country Malaysia is looking to use a higher percentage of renewables in its energy mix in the next five years, its environment minister said on Tuesday. Yeo Bee Yin, who is Malaysia’s minister for energy, science, technology, environment and climate change, said the country is targeting to generate 20% of its electricity from
General Motors on Tuesday beat Wall Street expectations for the third quarter but lowered its guidance for the year due to the United Auto Workers’ 40-day strike against the automaker. Share prices were up 4.5% in afternoon trading. GM said the cost of the strike is expected to be $3.8 billion to $4 billion for the
Democratic presidential candidate Sen. Elizabeth Warren (D-MA) speaks during a rally in Washington Square Park on September 16, 2019 in New York City. Bauzen | GC Images | Getty Images An Elizabeth Warren presidency would likely be tough on some sectors, but it might not hit stock markets as hard as feared, a Jefferies strategist
Traders work the floor of the New York Stock Exchange. Getty Images This stock market rally to records is starting to look shaky. The S&P 500 refreshed its record again on Tuesday ahead of an expected rate cut from the Federal Reserve, but looking under the hood, investors are increasingly flocking to one of the
By John D. Anderson, Next Avenue Contributor Getty Your second half of life can be invigorated and energized by living out one or more of three opportunities. You can do all three at once, but will benefit most by focusing your energy on one, and enjoying the other two as additional fuel. They are: Pursue
The link between taxation and human rights has always been tenuous. Whatever rights we may have as citizens — or as persons — do not necessarily transpose to our status as taxpayers. Here in the United States, the equal protection clause of the Constitution is a prime example. It was long ago decided the congressional
Share to facebook Share to twitter Share to linkedin It could be a new opportunity for the struggling startup. Artur Widak/NurPhoto via Getty Images Topline: WeWork, which last week accepted a $9.5 billion bailout offer from Japanese conglomerate SoftBank Group, recently trademarked a new professional gaming arm called Play By We, according to an application
CNBC’s Jim Cramer flags that there is a “rude awakening” from Uber and other looming stock lockup expirations coming to Wall Street. The “Mad Money” host sounds the alarm that Wall Street should prevent Chinese companies from going public in U.S. markets. Later in the show he urges viewers to take advantage of Twitter’s pullback
Tim Cook announces iPhone 11. Source: Apple Apple’s earnings on Wednesday will provide some early insight into how the company’s new iPhones are selling as investors watch the forecast for its all-important holiday season. Apple released three iPhone 11 models on Sept. 20. Apple’s fiscal fourth quarter ended on Sept. 30, so Wednesday’s earnings report