The federal government has suspended for two years its sale of long-term care insurance policies to its employees. Some industry experts question whether the program ever will return in its current form. The long-running initiative, called the Federal Long Term Care Insurance Program (FLTCIP), was halted when John Hancock Life & Health Insurance Company, the
Month: November 2022
The full Tax Court in one of its regular decisions (Green Valley Investors LLC) has dealt a blow against the IRS in its struggle with abusive syndicated conservation easements. A key IRS move in the fight was Notice 2017-10 which made certain syndicated conservation easement transactions “listed transactions”. The reporting regime that listed transactions are
Brutalism is possibly the most-maligned architectural style of all. Maybe it’s the name: any term that includes the word ‘brutal’ is going to have detractors based on that alone. But even architecture buffs have sneered at Brutalist buildings, calling the architecture so manifestly bad that it was barely architecture at all. Now beautiful-book publisher Phaidon
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Bob Iger attends the World Premiere of Walt Disney Studios Motion Pictures ‘Avengers: Endgame’ at Los Angeles Convention Center on April 22, 2019. Jeff Kravitz | FilmMagic, Inc | Getty Images Bob Iger, less than 24 hours after returning to the helm of Disney, told
In this article ZM Follow your favorite stocksCREATE FREE ACCOUNT Eric Yuan, CEO, Zoom Video Communications Source: CNBC Zoom shares slumped more than 7% in extended trading on Monday after the video-chat company issued weaker-than-expected revenue guidance for its full fiscal year. Here’s how the company did: related investing news What Cramer is watching Monday
In this article DELL A ZM URBN Follow your favorite stocksCREATE FREE ACCOUNT Detail of a home office setup on a kitchen worktop, including a laptop computer with Zoom video conferencing software, taken on September 9, 2020. Phil Barker | Future Publishing | Getty Images Check out the companies making headlines in after-hours trading. Zoom
Investors often reject startups for sloppy pitches or unprofitable business models. On Friday’s episode of ABC’s “Shark Tank,” billionaire Mark Cuban left a deal in less than two on-screen minutes for a different reason: the “dumbest marketing move ever.” The company in question, a Los Angeles-based car air freshener company called Ride FRSH, was on
Samuel Corum | Getty Images News | Getty Images For supporters of congressional proposals to improve the U.S. retirement system, it’s about to be a nail-biting few weeks. Lawmakers are heading back to Washington next week to finish out the so-called lame-duck session — the legislative period between the midterm elections and the new Congress,
For many trust grantors, choosing a trustee is one of the most challenging tasks of setting up a trust. The grantor must have confidence that the trustee will not only carry out their wishes, but also possess the stewardship skills necessary to protect the trust’s assets. Grantors must also find someone willing to take on
Are you bullish about the stock markets in 2023? If so, you may be looking at year-end strategies to prepare for brighter investing horizons. For example, after the stock market declines of 2022, you may now hold securities—whether stocks, ETFs, or mutual funds—that would generate capital losses if sold. Those losses could then be used
A holiday gift should always feel like a luxury. While it is better to give than receive, a gift is only a true gift when it’s something someone wouldn’t buy for themselves. Fortunately, when it comes to gifts for the home, you don’t need to spend more than $100 to give something that feels truly
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Bob Iger Stephen Desaulniers | CNBC The Disney board’s decision to swap out Bob Chapek for Bob Iger as CEO may be the right one for the company’s future. But the process to get to this choice makes everyone involved look less than stellar. No
This illustration photo shows a smart phone screen displaying the logo of FTX, the crypto exchange platform, with a screen showing the FTX website in the background in Arlington, Virginia on February 10, 2022. Olivier Douliery | AFP | Getty Images Embattled cryptocurrency exchange FTX owes its creditors north of $3 billion, according to a
In this article DAVE Follow your favorite stocksCREATE FREE ACCOUNT Jason Wilk, Dave Mobile banking app provider Dave has enough cash to survive the current downturn for fintech firms and reach profitability a year from now, according to CEO Jason Wilk. The Los Angeles-based company got caught up in the waves rocking the world of
David Jakle | Image Source | Getty Images If you’re retired and giving to charity this holiday season, experts say there’s a way to trim your 2022 tax bill while supporting your favorite cause. Despite economic uncertainty, the majority of American adults plan to donate similar amounts this year as they did last year, a
Welcome to the dream. Another Italian town wants to pay you to move to Italy—$30,000, to be exact. This time around, the deep-pocketed village is Presicce, a charming little hamlet that is known as the “city of green gold,” thanks to the surrounding olive groves. Presicce is set in Puglia, a southern region known for
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Robert Iger, Chairman and CEO at The Walt Disney Company speaks in Laguna Beach, California, October 22, 2019. Mike Blake | Reuters Bob Iger’s shocking return as Disney‘s chief executive officer immediately throws into question several major decisions made by outgoing CEO Bob Chapek. Disney
China’s housing prices fell in October due primarily to falling prices in less developed, so-called Tier-3 cities, according to Goldman Sachs analysis of official data. Future Publishing | Future Publishing | Getty Images BEIJING — China’s real estate sector isn’t yet poised for a quick recovery, despite a rally this month in stocks of major
Our crazy, volatile house prices hurt first-home buyers who buy near the top of the market and last-home sellers who have to sell near the bottom of the market. Millennial first-home buyers who bought at the top of the recent boom will be hurt the most by falling house prices but those aging Boomers who
A Patagonia store signage is seen on Greene Street on September 14, 2022 in New York City. Michael M. Santiago | Getty Images News | Getty Images Many brands are aligning profits with purpose, but Patagonia’s decision in September to convert its for-profit business to one under which all the profits flow through to fighting
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