Theranos founder Elizabeth Holmes leaves the Robert F. Peckham Federal Building with her defense team in downtown San Jose, Calif., on Tuesday, May 4, 2021. Nhat V. Meyer | MediaNews Group | The Mercury News via Getty Images SAN JOSE, CALIF. – The pool of potential jurors in the criminal fraud trial of embattled Theranos
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In this article F The badge of a Ford Motor Co. E-Transit electric vehicle during a presentation in Washington, D.C., U.S., on Wednesday, July 28, 2021. Al Drago | Bloomberg | Getty Images DETROIT – Ford Motor is delaying its hybrid return-to-work program for employees who have not already returned to offices from October until
A Dick’s Sporting Goods store Craig Warga | Bloomberg | Getty Images Dick’s Sporting Goods shares rose on Wednesday after the retailer reported sales growth of 21% in the fiscal second quarter and raised its outlook for the year. Shares were up about 11% in premarket trading. The big-box retailer’s sales have soared during the
In this article URBN SAVA EXPR JNJ DKS SCVL Check out the companies making headlines before the bell: Dick’s Sporting Goods (DKS) – The sporting goods retailer’s shares jumped 4.9% in the premarket, as its quarterly earnings beat estimates. The company also announced a $5.50 per share special dividend and a 21% increase in its
A rendering of the Series2 cargo lunar lander on the moon’s surface. ispace Japanese lunar exploration start-up ispace unveiled the next-generation of its cargo lander, under development by its U.S. subsidiary in Colorado. “We saw the growing demand for payloads to the lunar surface. NASA’s Artemis program was a big part of this, but we’re
Jack Taylor | Getty Images News | Getty Images More people are jumping into cryptocurrency, many because of how easy it’s become to trade the digital assets, a CNBC/Momentive Invest in You survey found. More than 10% of those surveyed said they’re invested in cryptocurrency, ranking the digital coins fourth after real estate, stocks, mutual funds and
As Congress considers repealing or making more generous the $10,000 state and local tax deduction cap in the budget reconciliation process, it is helpful to review how the state and local tax (SALT) deduction is taken by taxpayers across U.S. counties. Using 2018 data from the Internal Revenue Service, we can examine how much SALT
For years, Tesla CEO Elon Musk warned people about the dangers of AI-powered robots, even predicting “scary outcomes” like in “The Terminator.” Now, he seems to be taking matters into his own hands before humanity is overrun. The electric vehicle company will develop a humanoid robot prototype dubbed the “Tesla Bot,” Musk announced at Tesla’s
Peter Cade | Getty Images Most retirees — including those with less wealth — aren’t tapping their nest eggs before their required withdrawals, according to research from J.P. Morgan Asset Management and the Employee Benefit Research Institute. Some 80% of the retirees studied didn’t withdraw money from accounts before their required minimum distributions, known as
People wait to visit a house for sale in Floral Park, Nassau County, New York. Wang Ying | Xinhua News Agency | Getty Images After rising for three weeks, mortgage rates came back down a bit last week, but it didn’t seem to have much effect on mortgage demand. Total application volume rose 1.6% last
Hydrogen fuel cell vehicles are set to become a major player in China’s commercial truck market, predicts JPMorgan’s Elaine Wu. “Currently, the fuel cell vehicles account for less than 5% of the commercial truck market in China and that could grow to about one-third of total market share in 2050,” Wu, head of Asia ex-Japan
Flags of U.S. and China are displayed at American International Chamber of Commerce (AICC)’s booth during China International Fair for Trade in Services in Beijing, China, May 28, 2019. Jason Lee | Reuters BEIJING — Seven months since U.S. President Joe Biden took office, his administration has yet to establish a trade policy with China.
A visual representation of bitcoin. STR | NurPhoto via Getty Images Bitcoin’s biggest investors appear to be upping their positions as the price recovers. Cryptocurrency accounts holding roughly $50 million or more worth of bitcoin have steadily increased their buying since the end of June, according to new data from blockchain firm Chainalysis. That bullishness
Getty Images Divorcing parents often have plenty to navigate. And the latest stimulus package has dumped even more onto the negotiating table in the form of enhanced tax credits. The $1.9 trillion American Rescue Plan provided Covid-19 relief for millions of Americans, including increases to three write-offs in 2021: the child tax credit, the earned
Four years ago, my wife and I had a combined $40,000 debt that we were struggling to pay off. We were living paycheck to paycheck, had no savings, and we weren’t tracking our spending or our overall money goals. At times, we would sell some of our clothes to thrift shops to get gas money
ARCB and ULTA are two stocks for your aggressive growth stock radar screen.
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A Warby Parker’s store in The Standard, Los Angeles, California. Michael Buckner | Getty Images Eyeglass brand Warby Parker has lost money or broken even over each of the past three fiscal years — and warned it may face headwinds as it tries to turn a profit as a public company, according to documents filed
In this article JWN A shopper leaves a Nordstrom store on May 26, 2021 in Chicago, Illinois. Scott Olson | Getty Images Nordstrom shares fell Tuesday after the department store chain reported fiscal second-quarter sales remained below pre-pandemic levels. Compared with a year earlier, sales more than doubled, as shoppers used Nordstrom’s anniversary sale as