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In this article M Follow your favorite stocksCREATE FREE ACCOUNT Arkhouse has the financing in place to take Macy’s private at a bid of $5.8 billion, managing partner Gavriel Kahane told CNBC Thursday, but the activist investor has run into roadblocks without the department store retailer’s cooperation on due diligence. “At this stage, based on
Small cap stocks may be on the cusp of a turnaround. According to Fairlead Strategies market technician Katie Stockton, the Russell 2000‘s underperformance so far this year is likely a near-term setback. “We’re kind of convinced that we’ll see small caps do better. Maybe they don’t outperform strongly. But a better year for them after
India’s tourism sector is set for a boom as more travelers take trips around the country for religious purposes. The South Asian country with the world’s largest Hindu population could see an additional 50 million to 100 million tourists a year on account of the new Ram Mandir — a temple in the northern city
Fg Trade | E+ | Getty Images After the loss of a family member or close friend, one of the last things someone wants to think about is their job. Unfortunately, they often have to. The U.S. has no federal bereavement leave policy, meaning workers aren’t guaranteed time off after the death of a loved
In this article MRK BMY JNJ Follow your favorite stocksCREATE FREE ACCOUNT US Senator Bernie Sanders, Independent of Vermont, speaks during a rally by the People’s Action, protesting pharmaceutical companies’ lobbying against allowing Medicare to negotiate lower prescription drug prices, outside Pharmaceutical Research and Manufacturers of America (PhRMA) headquarters in Washington, DC, September 21, 2021.
In this article NOKIA-FI Follow your favorite stocksCREATE FREE ACCOUNT Nokia new logo displayed on mobile, with Nokia logo on screen. Nurphoto | Nurphoto | Getty Images Nokia on Thursday said that it will begin a two-year 600 million euro ($653 million) share buyback this quarter, after reporting that its profit plunged in 2023. Nokia
IRS Commissioner Daniel Werfel testifies before a Senate Finance Committee hearing on Feb. 15, 2023. Kevin Lamarque | Reuters As the tax season kicks off next week, Americans have several free filing options — and some taxpayers will soon qualify for a new offering from the IRS. Known as Direct File, the agency’s free filing
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., at the UK Global Investment Summit at Hampton Court Palace in London, UK, on Monday, Nov. 27, 2023. Chris Ratcliffe | Bloomberg | Getty Images When filing tax returns this season, low- to middle-income families may have money coming back to them, thanks to the
Michelle Gass, chief executive officer of Kohls Corp., at the National Retail Federation Inc. annual honors in New York, Jan. 12, 2020. Bess Adler | Bloomberg | Getty Images Turnover in C-suites spiked across industries last year — and in retail in particular. Next week, new CEOs will take over at both Levi Strauss and
In this article ALK BA Follow your favorite stocksCREATE FREE ACCOUNT Alaska Airlines N704AL, a 737 Max 9, which made an emergency landing at Portland International Airport on January 5 is parked at a maintenance hanger in Portland, Oregon on January 23, 2024. Patrick T. Fallon | AFP | Getty Images Alaska Airlines said Thursday
The flags of China, U.S. and the Chinese Communist Party are displayed in a flag stall at the Yiwu Wholesale Market in Yiwu, Zhejiang province, China, May 10, 2019. Aly Song | Reuters BEIJING — China and the U.S. are working toward creating a more stable and predictable environment for businesses, Chinese Commerce Minister Wang
In this article MC-FR Follow your favorite stocksCREATE FREE ACCOUNT Bernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, speaks during a press conference to present the 2023 annual results of LVMH in Paris, France, January 25, 2024. Benoit Tessier | Reuters LVMH shares jumped more than 8% on Friday morning, after the
In this article CASS Follow your favorite stocksCREATE FREE ACCOUNT Alvaro Gonzalez | Moment | Getty Images If you’re looking for an accountant to help you with your taxes this year, good luck. As fewer college students graduate with accounting degrees, the number of accountants and certified public accountants has been declining. That can make
In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT Paramount executive Bob Bakish attends the 2022 MTV Europe Music Awards (EMAs) at the PSD Bank Dome in Duesseldorf, Germany, November 13, 2022. Thilo Schmuelgen | Reuters Paramount CEO Bob Bakish announced layoffs at the media company Thursday, citing a need to “operate as a
Jeans are displayed at a Levi Strauss store in New York, March 19, 2019. Shannon Stapleton | Reuters Levi Strauss will lay off at least 10% of its global corporate workforce as part of a restructuring, the apparel retailer said Thursday. The job cuts will take place in the first half of the year, and
In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT Jamie Dimon, President & CEO,Chairman & CEO JPMorgan Chase, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBC JPMorgan Chase on Thursday said several executives considered frontrunners to one day take
In this article GOOGL AMZN EBAY MSFT Follow your favorite stocksCREATE FREE ACCOUNT Skynesher | E+ | Getty Images Microsoft joined a list of big tech companies that announced major layoffs at the start of 2024. The technology company plans to cut about 9% its Gaming Unit headcount, amounting to 1,900 laid off workers, according
An artwork juxtaposing Chinese yuan cash bills with the China’s flag Javier Ghersi | Moment | Getty Images China’s financial institutions should provide strong support to the country’s beleaguered real estate sector and not “blindly withdraw” financing for projects facing difficulties, according to a senior Chinese financial regulatory official. His strongly worded comments follow the
Permanent Bipartisan Tax Deal Revenue Challenges & Trade-offs Skip to content Home • Blog • Permanent Bipartisan Tax Deal Would Grow Economy but Create Revenue Challenges One concern surrounding the recent congressional bipartisan tax deal is that most of the proposed taxA tax is a mandatory payment or charge collected by local, state, and national