President Joe Biden on Wednesday proposed to nearly double the tax rate that the highest-earning Americans pay on profits made from stocks and other investments. It would force millionaires to pay similar tax rates on their investment ...
NEW YORK (Reuters) -The U.S. dollar edged higher on Wednesday, moving within narrow ranges, ahead of a U.S. Federal Reserve policy statement and a speech by President Joe Biden later in the day when the U.S. president is set to announce more ...
Blockchain technology provider Alchemy has raised $80 million from investors led by Coatue Management and Addition LP, giving the startup a $500 million valuation. The fresh capital will help Alchemy expand the developer tools it provides to blockchains ...
"Distillate has been such a stud lately. Between planting season and online truck deliveries you have a nice number in the diesel. Planting season is doing wonders for the distillate market," said Bob Yawger, director of energy futures at Mizuho.
"The widening in the goods deficit suggests that trade will be a drag on first-quarter GDP," said Ryan Sweet, a senior economist at Moody's Analytics in West Chester, Pennsylvania. "This won ...
(Reuters) - Boeing Co reported a smaller quarterly loss on Wednesday as increased 737 MAX jet deliveries reflected a cautious rebound in air travel from the coronavirus pandemic, though the embattled U.S. planemaker took a charge on its Air Force One ...
Dogecoin's price has soared 20% in the last 24 hours to 32 cents, according to data from Coin Metrics. Elon Musk and Mark Cuban have both made tweets supporting the meme-inspired cryptocurrency. But its wild surge has led to warnings from some ...
Image source: The Motley Fool. Avangrid: the best of both worlds. It's no secret that Buffett likes the prospects of the utility sector. His company has 91% ownership in Berkshire Hathaway ...
MessageBird BV has received roughly $1 billion in private-equity investments that the Amsterdam-based communications technology company is using to bolster its U.S. market share and its product offerings. The company, whose products support ...
Trefis estimates AMZN's fiscal Q1 2021 revenues to be around $111 billion, 6% above the $104 billion consensus estimate. AMZN's revenues of $386 billion for the full year 2020 were well above its 2019 figure, as the shift toward e-commerce and online ...
Shopify Inc.'s growth continued unabated in the first quarter as it crushed both revenue and earnings expectations, countering fears that the pandemic-fueled e-commerce boom would come to an abrupt end as economies open up. Shares of Canada's largest ...
Following feedback from rivals and customers last week, the EU competition enforcer has asked for some tweaks but is unlikely to ask for more concessions, the people said. Aon could have faced a charge sheet called ...
Revel started out in 2018 with shared, dockless e-mopeds in Brooklyn, which later expanded to Queens, Manhattan, the Bronx and a handful of other U.S. cities. This year, the company launched a monthly e-bike subscription in New York City and announced ...
Investors had been warming to the turnaround, sending shares up more than 300% over the past year. But the markets were apparently not ready for a headline earnings number that was a disappointment.
Investors have been bracing for a sharp slowdown as the COVID-19 threat lessens by late 2021. But, in a conference call with Wall Street analysts, CEO Hal Lawton and his team explained why their outlook for the business is brightening.
Spotify Technology SA started the year with slower user growth than expected for its streaming audio service, and warned its growth throughout 2021 could slip due to uncertainty related to the pandemic and the staggered reopening of society. The owner of ...
Shares rose more than 1% in morning trading to a 14-month high after the Gulfstream jet maker posted a 7% rise in first-quarter revenue as its aerospace unit's sales picked up. The ...
Include biscuit sandwiches of smoked turkey or ham, pimento cheese (aka the caviar of the South) and a pale green cucumber spread called Benedictine along with crackers, bruschetta, old-fashioned deviled eggs, candied bacon and spiced nuts. All are as ...
SEOUL, South Korea — Samsung's founding family will donate tens of thousands of rare artworks, including Picassos and Dalis, to help them pay a massive inheritance tax bill following last year's death of company chairman Lee Kun-Hee. Support our ...
Paying off student loans can feel like an impossible undertaking, in some cases a process lasting 20 years or more. While there are federal programs that will forgive your student loans after a set number of payments, these can be hard to qualify for — and ...
TV ad industry consortium OpenAP is launching a so-called identifier to help advertisers more efficiently place and measure ads across separate digital and traditional TV systems. The feature, called OpenID, will help advertisers better target audiences across ...
Nestle (NESN.S) is shutting a factory in the north east of England, putting nearly 600 jobs at risk, as the world's biggest packed food company restructures its confectionery business in Britain. The move comes as the maker of KitKat shifts production to two ...
Ergatta, a maker of $2,199 rowing machines that use games in lieu of instructors as it competes against Peloton Interactive Inc. for a share of the at-home fitness market, has nabbed a $200 million valuation. The Brooklyn-based startup raised $30 million in a ...
The list thus far includes, Amazon, AMD, AT&T, Daimler AG, Dell, Google, Hyundai, IBM, Intel, Lenovo, LG Electronics, Panasonic, Qualcomm, Samsung Electronics and Sony. Given how the past year has gone, however, it's important to note that everything is ...
The seasonally adjusted Purchase Index dropped by 5 percent from one week earlier and 4 percent unadjusted. It was 34 percent higher than the same week in 2020. Refi Index vs 30yr Fixed.
Yum (ticker: YUM) said it earned $326 million, or $1.07 a share, both on an adjusted basis and under generally accepted accounting principles. Revenue climbed 18% to $1.49 billion. Analysts were looking for EPS of 87 cents and revenue of $1.45 billion.
In this aerial photo, pickup trucks and vans are seen in a parking lot outside a General Motors assembly plant where they are produced, March 24, in Wentzville, Mo. A key component in the car industry is in short supply: computer chips. Taiwan's chipmakers are ...
Palo Alto Networks has announced a series of updates coming to its Prisma Cloud platform that the company said automatically protects cloud-hosted virtual machines and can "increase automation and detection, simplify compliance checks and deepen ...
Drone maker Exyn Technologies this week achieved what it considers to be the highest documented level of aerial autonomy. According to the firm's definition of "autonomy" (based on similar standards applied to automobiles), its aerial robotics systems have ...
U.S. stocks traded mostly lower at the opening bell on Wednesday as investors looked forward to the Federal Reserve's policy update, where the central bank may acknowledge the improvement in economic data. The S&P 500 SPX, +0.11% was up less than ...
Markedly, there are several factors that are increasing optimism for the Wall Street performance. Accelerated coronavirus vaccine rollout has buoyed hopes of faster U.S. economic reopening of non-essential businesses and the return to normalcy. Moreover ...
Wall Street was expecting Microsoft to report third quarter revenue of $41.03 billion with non-GAAP earnings of $1.78 a share. CEO Satya Nadella said "digital adoption curves aren't slowing down.
The company disclosed in February that it used some of its available cash to invest $1.5 billion in bitcoin. Tesla on Monday reported a record quarterly profit, disclosing it had sold 10% of its bitcoin stake, netting a $101 million profit on those sales.
Currently scheduled to sail from Barcelona, Norwegian Epic will cruise seven-night Western Mediterranean itineraries from Sept. 5, 2021 through Oct. 24, 2021, with Norwegian Getaway sailing a mix of 10 to 11-day Greek Isles voyages from Rome ( ...
JERUSALEM (Reuters) – Israel's Teva Pharmaceutical Industries is not likely to reach deals with COVID vaccine makers to co-produce the vaccines although discussions are still ongoing, chief executive Kare Schultz told Reuters. Schultz said Teva — the ...
(KYMA, KECY/CNN) - Gas stations could potentially be running out of gas this summer, but not because of a looming shortage of crude oil or gasoline. Instead, it's due to a truck driver shortage. According to the National Tank Truck Carriers, up to 25% of tank ...
Sustainable investment portfolios can provide increased transparency, align with investee companies that publicly disclose their efforts to improve their ESG impacts and utilize asset managers that fulfill a stewardship role by holding investee companies ...
When it goes on sale, the range-topping version of the electric SUV will be the first ID model to use the new GTX badge, which will sit alongside VW's established GTI, GTE and GTD product lines, with the focus on accessible performance.
Group revenues, AMD said, surged 92.7% to $3.45 billion, again topping analysts' forecasts of a $3.2 billion tally while gross margins were flat at 46%, but 1 basis point up from the fourth quarter thanks in part to "a greater mix of Ryzen, Radeon and EPYC ...
Twin Cities-based Sun Country's flights to Fort Myers will leave Green Bay Austin Straubel International Airport on Thursday and Sunday evenings, according to the website. Flights to Phoenix are scheduled to depart Green Bay on Friday and Monday ...
Based on the latest A-Class sedan, the A35 AMG is meaner and angrier looking than the old CLA45 AMG, but has it got the firepower to match up to the looks? Click here for our first drive review and you will know. For this story we are highlighting five things that ...
SINGAPORE (BLOOMBERG) - DBS Bank, JPMorgan and Temasek are teaming up to create a new blockchain-based platform for payments, trade and foreign exchange settlement. The company, which will be named Partior, will leverage blockchain ...
What's that? You say you'd like to take six of your closest speed-freak buddies along while you sample 1,012 supercharged horsepower? Then the crew at Hennessey has just the machine for you. Called the Mammoth 1000 SUV, it is based on the Ram TRX ...
(NEXSTAR) – It's an iconic smirk – 4-year-old Zoe Roth became the face of the "Disaster Girl" meme after an image of her in front of a burning building went viral in 2005. Now 21, Roth has cashed in on her internet stardom thanks to a recent auction of the ...
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