A Chinese flag is placed on merchandise in the NBA flagship retail store on October 9, 2019 in Beijing, China. Kevin Frayer | Getty Images NBA Commissioner Adam Silver will face “retribution sooner or later” for lying about the Chinese government, state broadcaster CCTV said in a commentary published late Friday. The broadcaster said Silver
Workers install a Nike logo lamp outside the Wukesong Arena in Beijing, August 28, 2019. Tingshu Wang | Reuters BEIJING — At least on paper, the Chinese government is trying to show how serious it is about improving the local business environment for foreign companies. Joerg Wuttke, president of the European Union Chamber of Commerce
Share to facebook Share to twitter Share to linkedin There are only two certainties in life – death and taxes Stephen Chen There’s never enough time to do all the nothing you want. Bill Watterson, Calvin and Hobbes Happy Halloween Did you know that only 20% of people are worried about dying vs. 58% of
A large red percentage sign sits on a roller coaster symbolizing the ups and downs of interest rate … [+] directions. Getty When you see interest rates advertised on the world wide web or in newspaper ads, on open house flyers, in bank lobbies and everywhere else, they are always the interest rates that are
The tail wing of an American Airlines plane pulls into its gate after arriving at the Miami International Airport. Joe Raedle | Getty Images Government investigators have received details of a 2016 internal Boeing report that reportedly shows that about one-third of employees who responded felt “potential undue pressure” from management regarding safety approvals by
Brian Niccol, CEO of Chipotle Mexican Grill Adam Jeffery | CNBC Here are the biggest calls on Wall Street on Friday: Morgan Stanley downgraded Caterpillar to ‘equal weight’ from ‘overweight’ Morgan Stanley said it sees a “balanced” risk/reward. “We see increasing downside risks to CAT‘s Construction and Energy & Transportation segments. Resources segment and share
Mint Images | Mint Images RF | Getty Images People in Gen X, the forgotten generation, require a great deal of financial strength and resolve to handle being “sandwiched” between several generations. Gen Xers, rightfully, suffer from middle child syndrome. The two older living generational cohorts, baby boomers and the Silent Generation, generally are lauded
Income investors have been crushed this year. Bond yields are down and stocks pay less and less “dividend per dollar” with each rally. But there’s still one little-known corner of the investing world we can look to for safe yields up to 11.8%. Business development companies (BDC) provide debt and equity financing for small and
Welcome to Las Vegas Getty Earlier this week, MGM Resorts International (MGM) said it was selling two of its prized casinos. The combined price tag… was just over $5 billion. As part of a continued restructuring, MGM opted to maintain control of the Bellagio resort by selling the $4.25 billion property and leasing it back
An employee prepares a diesel engine for installation into a truck at the Mack Truck cab and vehicle assembly plant in Macungie, Pennsylvania. Luke Sharrett | Bloomberg | Getty Images The United Auto Workers and AB Volvo-owned Mack Truck are set to resume contract negotiations on Monday as at least 3,500 hourly employees across three
Wells Fargo Securities’ Michael Schumacher sees year-end bond market volume dropping off earlier than usual. According to the firm’s global head of rate strategy, the slide will likely occur around Thanksgiving instead of mid-December. Not only is Wall Street still thinking about last year’s painful historic stock market drop, Schumacher blames the geopolitical backdrop. He
There are a number of companies set to report earnings next week, but there are five key names that investors should be focused on since these companies almost always beat the Street, according to data from Bespoke Investment Group. 1. Visa Visa reports fourth quarter earnings on Thursday after the bell, and if history is
Nils Hendrik Mueller | Cultura | Getty Images Stocks had a rocky close to 2018. That doesn’t mean your required minimum distribution from retirement accounts will be lower this year as a result. RMDs, as they are commonly known, are the minimum amount individuals who are age 70½ and older must take out of their
Micah Young | E+ | Getty Images If your company was open for business in 2008, then you undoubtedly remember the Great Recession. For small business owners, especially companies with less than $5 million in revenue, the effects of America’s last major downturn were nothing less than devastating. Bankruptcies rose 74% in 2009 with over
null Getty “If you don’t know where you’re going, any road will get you there.” So goes the familiar adage that usually starts every company planning session you’ve ever attended. Face it. This is a planning session. The good news, however, is that it’s not about some bland organization. It’s about something you’ll find much
The Norman Lykes House sits on the edge of the Phoenix Mountains Preserve. Heritage Auctions, HA.com Frank Lloyd Wright’s final residential masterpiece, the Norman Lykes House, sold for $1,677,500, at a public auction October 16 in Phoenix. Nicknamed the Circular Sun House, the iconic contemporary home was auctioned off by Heritage Auctions with no minimum
Getty Images Flexibility has become the No. 1 priority for workers today as advances in technology make it more challenging than ever to maintain a work-life balance. In fact, a recent survey by online job platform FlexJobs revealed that 71% of millennials have considered leaving a job because it did not offer flexible work arrangements.
Shares of Netflix surged 8% in premarket trading after the company late Wednesday released its earnings report for the third quarter. The company reported mixed results, with an earnings beat and a miss on domestic subscriber adds, while revenue slightly missed analysts’ expectations. Here are the results vs. expectations: Earnings per share: $1.47 vs. $1.04
Federal Reserve policymakers don’t have their minds made up about where interest rate policy is headed and will weigh conditions as they unfold, central bank Vice Chairman Richard Clarida said Friday. With the Fed less than two weeks away from a meeting at which markets expect another rate cut, Clarida said decisions will be made
Sunrun installer putting up solar electric panels on a residential rooftop in California. Source: Sunrun Hedge fund Tiger Global Management is making a big bet on continued expansion at San-Francisco-based Sunrun, which has grown into the nation’s largest residential solar company. The fund, headed by Julian Robertson protégé Chase Coleman, has been steadily increasing its