Texas Governor Greg Abbott speaking at a press conference at the Texas State Capitol in Austin on May 18, 2020. Lynda M. Gonzalez-Pool | Getty Images Texas Gov. Greg Abbott is asking for 2,500 additional medical personnel from across the country to help alleviate pressure on the state’s health-care system imposed by this summer’s Covid
In this article PTON Peloton Interactive Inc. stationary bicycles sit on display at the company’s showroom on Madison Avenue in New York, U.S., on Wednesday, Dec. 18, 2019. Jeenah Moon | Bloomberg | Getty Images Peloton said Thursday its fiscal fourth-quarter loss widened as the pace of revenue growth slowed dramatically and costs associated with
Roberto Machado Noa Check out the companies making headlines after the bell: Peloton Interactive — Shares of Peloton sunk about 10% in extended trading after the exercise equipment company reported a wider-than-expected quarterly loss. The company posted a loss of $1.05 per share in the fiscal fourth quarter, compared with a loss of 45 cents
Thomas Montag Source: Bank of America Two trusted deputies of Bank of America CEO Brian Moynihan will depart at the end of the year, setting up a succession race among the company’s top managers. Tom Montag, 64, who is chief operating officer and leads the global banking and markets division, as well as Anne Finucane,
JGI/Tom Grill | Tetra images | Getty Images As retirees live longer, many worry about outliving their savings. However, many older Americans haven’t planned for a looming expense: the cost of long-term care. The median cost of a private room in a nursing home was $105,850, and in-home care costs were $53,768 to $54,912 annually,
You may think that wills are only for rich people with assets or kids. Or maybe you’re young and feel like you have plenty of time before you need to start writing one. But life is unpredictable and families are messy. And as much as I, and let’s assume you, would like to believe that
Before David Taylor, 38, could even finish touring homes he and his wife, Destiny, 37, were interested in buying, other buyers would offer $20,000 or $30,000 more than the listing price, in cash. After months of getting beaten out before they could even bid, their agent clued them in to a home in Christiansburg, Virginia,
Learn more about the Bull and Bear of the day go to https://www.zacks.com/bull
In this article BMW-DE BMW will unveil a new vehicle later this year that will be built at its plant in South Carolina, Chairman Oliver Zipse told CNBC. The Spartanburg plant currently produces the BMW X3, X4, X5, X6 and X7 as well as performance models of most of the vehicles. “At the end of
In this article 5RZ-FF Tan Min Liang, the co-founder, CEO and executive director of Razer, at a press conference on the proposed listing of Razer at JW Marriott Hotel Hong Kong in Admiralty. Dickson Lee | South China Morning Post | Getty Images Gaming hardware company Razer is considering a secondary listing in the United
XiFotos | E+ | Getty Images Nearly 40% of Americans participating in 401(k) retirement plans do not fully understand the fees associated with the accounts, according to a report released Thursday by the Government Accountability Office, a congressional watchdog. The lack of knowledge around how fees work in the employer-sponsored retirement plans persists, the report
Paul Steel | The Image Bank | Getty Images Cancun and Daytona may draw spring breakers and Waikiki, honeymooners, but which beaches worldwide are millionaire magnets? Hong Kong-based consulting firm Nomad Capitalist released its latest annual index of the top sandy spots that appeal to high-net-worth investors looking to not necessarily vacation but actually put
PeopleImages | E+ | Getty Images In his poem “If,” British author Rudyard Kipling famously wrote that learning to “keep your head when all about you are losing theirs” is part of growing up. That very statement is also part of growing wealth. I wish I could go back to March 2020, when some investors
Australian carrier Qantas expects international flights to the U.S., the U.K. and parts of Asia to resume by Christmas, CEO Alan Joyce said Thursday. Since March last year, Australia has closed its borders to most foreign visitors and banned residents from leaving unless they had valid reasons. “We know there’s huge underlying demand. People don’t
A trader works on the floor at the New York Stock Exchange (NYSE) in New York, August 20, 2021. Andrew Kelly | Reuters U.S. stock futures were steady in overnight trading on Wednesday following the S&P 500’s rally that saw the index cross the 4,500 level for the first time ever. Dow futures rose 31
Eric Glyman and Karim Atiyeh, cofounders of corporate card startup Ramp Corporate charge card start-up Ramp has more than doubled its valuation since its previous funding round just five months ago amid torrid revenue growth and strong demand for fintech investments. Ramp is raising $300 million in a Series C round at a $3.9 billion
Job seekers speak with hiring representatives during a job fair at a community center in Beattyville, Kentucky, U.S., on Wednesday, July 28, 2021. Jon Cherry | Bloomberg | Getty Images Most Americans expect to look for a new job as the pandemic continues. Some 55% of people in the workforce, meaning that they’re currently working
Italian Americans are forever battling mafia stereotypes. New Zealanders are sick and tired of Tolkien tourists. Italian cops are chasing people out of Rome’s Trevi Fountain. Blockbuster hits like “The Godfather” and “The Lord of the Rings” can bring a massive tourism influx to the places where they’re filmed. But headaches often follow. In 1996,
Investors are learning that paying 20X sales is nothing if the growth numbers are right.
In this article ULTA Florida, Port St Lucie, The Landing at Tradition, outdoor mall, Ulta, beauty cosmetics store. Jeff Greenberg | Universal Images Group | Getty Images Ulta Beauty shares rose nearly 5% in extended trading on Wednesday after the company reported fiscal second-quarter sales jumped more than 60% as shoppers rushed in to restock