The EARN Act is the latest addition to the lineup of proposals legislators have put forth to bolster retirement savings. Senators Ron Wyden, a Democrat from Oregon, and Mike Crapo, a Republican from ...
Tag: Corporate
Nursing homes suing caregivers for debts they don’t owe, regulator says
Nursing homes and debt collectors are billing and suing long-term-care residents’ family members and friends, demanding payments for debts these individuals don’t legally owe, consumer attorneys and f...
Shopify Announces Changes in Top Leadership
Text size The company announced a 10% cut to its workforce in July. Dreamstime Shopify announced a new chief financial officer and chief operating officer on Thursday, a little less than two months af...
Verizon says it’s ‘very challenging being the premium brand’ but that new efforts will pay off
The iPhone 14 arrives during a tough climate for the U.S. wireless market, but a Verizon Communications Inc. VZ, +0.58% executive is upbeat about the efforts her company has taken both before and in r...
DocuSign Stock Surges on Earnings Beat, Boost to Billings Forecast
Text size Courtesy DocuSign Shares of DocuSign were surging Friday after the e-signature company posted quarterly earnings and revenue that topped analysts’ estimates and raised its forecast for fisca...
With inflation, many retirees will pay more federal income taxes
The federal income tax is generally indexed for inflation. Most particularly, the income brackets to which the marginal tax rates apply are increased in line with the “Chained CPI-U.” While the chaine...
AT&T’s Dividend-Loving Investors Are Dialing the Wrong Number
AT&T income-hungry shareholders should have seen it coming. In April last year, a month before announcing the spinoff of its media division to shareholders in the form of shares of a 71% stake in ...
AMD Is the Chip Stock to Buy Over Nvidia and Intel, Says Analyst. Here’s Why.
Text size AMD releases its next-generation Ryzen 7000 series chips on Sept. 27. Dreamstime Advanced Micro Devices is the best bet out of the three major U.S. computer chip companies, according to Stif...
Rivian Stock Jumps. It Will Make All-Electric Commercial Vehicles With Mercedes.
Text size Rivian makes electric delivery vans for Amazon. Mustafa Hussain/Getty Images Rivian Automotive and Mercedes-Benz will partner to build all-electric commercial vehicles. Investors didn’t expe...
FuelCell Reports Strongest Quarterly Revenue in 5 Years. The Stock Still Falls.
Text size FuelCell reported revenue of $43.1 million for its fiscal third quarter. Jung Yeon-je /AFP via Getty Images FuelCell Energy shares traded lower Thursday as the producer of units that make el...
Corporate Media Covers the Merge – Trustnodes
Ethereum’s upgrade to Proof of Stake next week may be the first technical event the world pays attention to since Bitcoin Cash forked from bitcoin in August 2017. The merge matters, says the Times, to...
‘These are not laundromat tokens.’ SEC chief sends warning to crypto industry
Gary Gensler had strong words for the crypto industry in a Thursday speech, telling an audience of lawyers that the “vast majority” of the nearly 10,000 existing crypto tokens are securities, being is...
China Overtakes US With $306 Billion Corporate Credit Boom
(Bloomberg) — China has surged ahead of the US for corporate bond deals in its yuan credit market in recent months, a rare shift that highlights the deepening impact of the two countries’ diverg...
She called herself the Mother Teresa of Florida small-business lending, but investigators say she was really running a $194 million Ponzi scheme
Johanna Garcia claimed her merchant cash-advance business was so helpful to small businesses in Florida that she was like the Catholic saint Mother Teresa. But to the 15,400 investors who sank $194.1 ...
Preferred stocks can offer hidden opportunities for dividend investors. Just look at this JPMorgan Chase example.
This is shaping up to be a brutal year for bank stocks. But a deeper look can highlight an opportunity for income-seeking investors to make money on banks’ preferred stocks. But the S&P 500 SPX, +...
Corporate landlords are gobbling up mobile home parks and quickly driving up rents — here’s why the space is so attractive to them
Corporate landlords are gobbling up mobile home parks and quickly driving up rents — here’s why the space is so attractive to them The hunt for yield has pushed private equity firms and professional i...
Elizabeth Holmes wants a new trial, citing regrets from key witness against her
SAN FRANCISCO — Disgraced Theranos CEO Elizabeth Holmes requested a new trial Tuesday, asserting in a court filing that a key witness for the prosecution now regrets the role he played in her convicti...
‘They don’t have a clue about money.’ My daughter has a spending problem, and her husband, who has a trust fund until he’s 30, says yes to everything she wants. But what happens when the money runs out? Do they need professional help?
How to find the right financial adviser for your needs. Getty Images Question: I just went through six weeks of trying to help my daughter and son-in-law buy a house. They don’t have a clue about mone...
These quant funds poured nearly $1 billion into Warren Buffett’s Berkshire Hathaway last quarter
Some of the biggest hedge funds have increased their stakes in Warren Buffett’s Berkshire Hathaway BRK.A, -0.26% BRK.B, -0.39% amounting to over $900 million. The likes of Bridgewater Associates and q...
3M stock extends bounce after UBS recommends investors stop selling, saying sentiment is ‘washed out’
Shares of 3M Co. extended their bounce Friday, after a long-time bearish analyst said investors should stop selling, as the recent “derating” in price suggests all litigation liability has already bee...