Month: October 2021

Dr. Scott Gottlieb explained why he’s optimistic about Merck‘s Covid antiviral pill after the drugmaker asked the Food and Drug Administration Monday to authorize its pill to treat people with mild to moderate Covid symptoms.  “The topline data from this Merck study was probably the best treatment effect we’ve seen from orally available antiviral drug
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Georgijevic | E+ | Getty Images Although many women lack investing confidence, their portfolios still outperform their male counterparts, according to Fidelity Investments’ 2021 Women and Investing Study.  On average, women investors achieve positive returns and surpass men by 40 basis points, or 0.4%, an analysis of annual performance across 5.2 million accounts from January
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Passengers queue up at the ticketing counter for Southwest Airlines Sunday, Oct. 10, 2021, in Eppley Airfield in Omaha, Neb. David Zalubowski | AP Southwest Airlines shares tumbled more than 3% in premarket trading Monday after canceling more than 2,000 flights since Saturday, disrupting the travel plan of thousands of people. Southwest canceled 347 flights
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Most legal settlements are taxed, but there is often flexibility and the wording matters. Even legal malpractice settlements are usually taxed. The latest example is Carol Holliday v. Commissioner, T.C. Memo. 2021-69, on the heels of several other recent cases. In McKenny, McKenny v. United States, No. 18-10810 (11th Cir. 2020), aff’g in part, rev’g
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Take a look at some of the biggest movers in the premarket: Southwest Airlines (LUV) – The airline canceled more than 1,800 flights over the weekend, citing bad weather, air traffic control issues and staff shortages. Southwest disputed speculation that its high level of cancellations compared to other airlines was due to employee protests of
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If you’re within 5 years of retiring, you have a window of opportunity. Don’t miss it. A little intentionality now can set the stage for a successful retirement.  Years ago, I planned a backpacking trip through the Grand Tetons in Wyoming. I started by casting my vision for my adventure: the trails I’d hike, the
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Singapore is set to open “vaccinated travel lanes” with more countries — but that doesn’t mean the country is taking on significantly higher risks, Transport Minister S. Iswaran told CNBC on Monday. The city-state announced last week that it will be launching more travel lanes for vaccinated travelers from South Korea, Canada, Denmark, France, Italy,
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In recent articles, I have lamented poorly designed components of the Reconciliation Bill, from a poorly-designed “free childcare” program to a family leave plan that’s designed to be “free” rather than funded by the workers who benefit, to a Medicare drug benefit that’s planned to be implemented at the same time as Part A Medicare
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