If you’re a Steve Jobs fan, you can soon own a signed, handwritten letter penned by the late Apple co-founder at age 18. But it won’t come cheap. British auction house Bonhams is set to auction off the letter, which Jobs wrote to his childhood friend Tim Brown, on Nov. 3. The auction house expects
In this article SWX Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Company: Southwest Gas Holdings (SWX) Business: Southwest Gas Holdings purchases, distributes, and transports natural gas in Arizona, Nevada and California. The company operates in two segments, Natural Gas Operations and Utility Infrastructure Services.
Dorie Clark, author of “The Long Game: How to Be a Long-Term Thinker in a Short-Term World.” We spend our days replying to emails, going to meetings, checking off to-do lists and, as our careers zip by, sometimes we wonder if we picked the right profession, or if our lives wouldn’t have been better spent
Under the House Build Back Better Act, the average top tax rate on personal income would reach 52.3 percent, tying Sweden as the 9th highest rate in the Organisation for Economic Co-operation and Development (OECD). The House Build Back Better Act would raise the top federal marginal tax rate on ordinary income from 37 percent to 39.6
Harvard University associate professor Dr. Joseph Allen argued in favor of pulling back on masking children in schools, especially as U.S. drug regulators are set to authorize the Covid-19 vaccine to kids ages 5 to 11. “We have to be careful that, if we don’t set firm deadlines, it’s easy to see how we can
American Airlines on Thursday reported a $169 million profit for the third quarter thanks to more than $990 million in federal payroll support. Revenue for the quarter totaled $8.97 billion down about 25% from the same period of 2019 but up from the $3.17 billion American brought in a year ago. That was ahead of
In this article FB DWAC MRNA SNAP Getty Images Check out the companies making headlines in midday trading. Snap – Snap shares plummeted by more than 24% after it reported its quarterly results, which included a revenue miss as well as an earnings beat. The social media company said its advertising business declined due to Apple’s
GP: Various champagne bottles are seen on a store shelf. Paul Zinken | Picture Alliance | Getty Images Pop those corks. Champagne sales are surging back to near what they were before the Covid pandemic hampered sales and kept people away from celebrations. The gradual reopening of global bubbly markets is expected to drive sales
As employers reimagine the workplace post-Covid, a four-day work week may become a new perk. Last month, technology company Bolt became one of the latest companies to jump on board. Earlier this year, New York-based crowdfunding platform Kickstarter announced it would pilot a four-day workweek. There’s a campaign now underway from 4 Day Week Global
On November 2, in addition to electing various city council and school board members, Colorado voters will decide two important questions of state tax policy. Proposition 120 would reduce property tax assessment rates for two subclasses of property and require the state to spend up to $25 million a year, for up to five years,
In this article WMT Cars drive past a Walmart store in Washington, DC, on August 18, 2020. Nicholas Kamm | AFP | Getty Images Walmart‘s corporate employees will begin to return to the company’s Arkansas headquarters and other offices across the country in early November, according to a company-wide memo obtained by CNBC. In a
AutoNation’s stock reached a new all-time record of more than $130 a share Thursday after the nation’s largest seller of new cars reported its sixth consecutive quarterly earnings record. AutoNation beat Wall Street’s profit and sales estimates, led by resilient consumer demand outpacing vehicle supplies due to an ongoing global shortage of semiconductor chips that
MoMo Productions | DigitalVision | Getty Images American life expectancy is trending up — and that creates more financial risk for retirees, who must make their nest eggs last a longer time. An average 65-year-old today will live another 20 years, about six years more than in 1950, according to the Centers for Disease Control
Elizabeth Holmes, founder of Theranos Inc., left, arrives at federal court in San Jose, California, on Tuesday, Oct. 12, 2021. David Paul Morris | Bloomberg | Getty Images SAN JOSE, CALIF. — A third juror was dismissed in Elizabeth Holmes’ criminal trial on Friday for what the judge said was “good cause.” That leaves only
XiFotos | E+ | Getty Images After the Social Security Administration announced a record-high cost-of-living adjustment for 2022, many beneficiaries are asking, “How much bigger will my monthly checks be?” People who receive Social Security or Supplemental Security Income, or SSI, benefits will get a 5.9% boost to their payments next year. That is that
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Caroline Nicolls receives an injection of the Moderna Covid-19 vaccine administered by nurse Amy Nash at the Madejski Stadium in Reading, England, on April 13, 2021. Steve Parsons | AFP | Getty Images LONDON — Months of data from the U.K.’s inoculation program have given deeper insight into how effective vaccines are against Covid-19. The
Pat Gelsinger Horacio Villalobos | Corbis News | Getty Images Intel shares fell more than 8% in extended trading on Thursday on a weaker-than-expected sales report and after the company blamed an industry-wide component shortage for its PC chip business shrinking 2% during the quarter ending October 2. Intel also warned on Thursday that its
In this article DWAC The social media app will be developed by Trump Media and Technology Group (TMTG). Rafael Henrique | LightRocket | Getty Images Digital World Acquisition Corp., the SPAC that is taking former President Donald Trump‘s planned social media platform public, soared again on Friday following a massive rally in the previous session.
Most Americans see college as excessively expensive, but it wasn’t always that way. Over the last decade, the cost of attending a four-year public college or university has grown significantly faster than income. Deep cuts in state funding for higher education contributed to substantial tuition increases and pushed more of the costs of college onto students, according
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