Source: Medtronic Medical device maker Medtronic reported a 22.3% jump in quarterly profit on Tuesday, buoyed by higher sales in its surgical instruments and restorative therapies businesses. Net income attributable to the company rose to $1.36 billion, or $1.01 per share, in the second quarter ended Oct. 25, from $1.12 billion, or 82 cents per
A shopper exits an Urban Outfitters store in New York. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines after the bell: Shares of Urban Outfitters tanked more than 15% during extended trading after the retailer reported a third-quarter earnings miss on the top and bottom line. The company posted earnings
Former U.S. Treasury Secretary Larry Summers bashed presidential candidate Sen. Elizabeth Warren‘s tax proposals on Tuesday, arguing they go too far and could ultimately hurt the American economy. “I don’t think that taxation approaching confiscatory is remotely feasible and, if it was tried, would have catastrophic economic consequences,” the former economic advisor to Barack Obama said
Traders and financial professionals work on the floor of the New York Stock Exchange. Drew Angerer | Getty Images News | Getty Images Investors may be just too comfortable picking individual stocks, and ignoring the macro risks that could derail the rally and broadly hit all of the market’s stocks. Citigroup strategists, in a note,
Marc Romanelli | Blend Images | Getty Images Procrastination comes at a steep cost for older savers who want to hold off on taking mandated withdrawals from their retirement accounts. If you turned 70½ this year or you’re older, you’re on the hook for a required minimum distribution out of your individual retirement account and
Share to facebook Share to twitter Share to linkedin The Social Security Administration published an online form today for seniors to report they have been contacted by persons fraudulently claiming the scammers work for the agency. . . “I am deeply troubled that our country has not been able to stop these crooks from deceiving
Share to facebook Share to twitter Share to linkedin Yet another business leader speaks out against Warren. Bryan Bedder/Getty Topline: A week after accusing Senator Elizabeth Warren of “tribalism,” former Goldman Sachs CEO Lloyd Blankfein again blasted the Democratic 2020 candidate for her war on billionaires, denouncing politicians like her for moving away from “populism”
The agents I most admire here (and there are many) are those who have dedicated themselves to … [+] breaking down these barriers. AdobeStock_182825319 This past weekend Newsday published a thorough and well-documented article detailing multiple cases of apparent housing discrimination by real estate agents in Suffolk and Nassau Counties on Long Island. The degree
A woman shops for jewellery at a Kohl’s department store in Alhambra, California. Frederic J. Brown | AFP | Getty Images The sharp selloff of retail stocks Tuesday sends a powerful signal: Investors are worried that the deep discounts that battered Kohl’s latest earnings report will be repeated as more retailers report in the coming
Customers leave a Kohl’s store on November 12, 2015 in San Rafael, California. Justin Sullivan | Getty Images News | Getty Images Kohl’s earnings and sales for the latest quarter fell short of analysts’ estimates, the company reported on Tuesday. It also cut its profit outlook for the full year. Its shares tumbled more than
Traders wear “DOW 28,000” hats on the floor of the New York Stock Exchange (NYSE) on November 15, 2019 in New York City. As trade talks with China show some progress, the Dow Jones Industrial Average rose 222 points to close above 28, 000 for a new record. Spencer Platt | Getty Images Negative trade
Anton Petrus | Moment | Getty Images More than half of Americans are looking for adventure when it comes to travel in 2020, according to a new study from the Travel Channel. “That is up a little bit over last year,” said Mariel Clark, vice president of digital for HGTV and the Travel Channel, noting
FILE – In this Sept. 4, 2011 file photo shows the main plant facility at the Navajo Generating Station, from Lake Powell, in Page, Ariz. Two environmental groups are asking a federal court to set a deadline for the U.S. Environmental Protection Agency to issue mandates for pollution controls at two power plants, including Four
Kenneth Fisher, founder, chairman and chief executive officer of Fisher Investments, speaks during a television interview in New York, May 10, 2010. Jonathan Fickies | Bloomberg | Getty Images The Chicago police pension fund is ending its $67 million relationship with Fisher Investments. The Policemen’s Annuity and Benefit Fund of Chicago joins a number of
Eric Ryan, co-founder of Method, Olly and Welly Whoever doubted that a line of first-aid products in chic patterns and bold colors would instantly hit Editor’s Pick lists and become a top giftable for the holidays doesn’t understand Eric Ryan’s ability to reinvigorate a simple, everyday consumer need and transform it into a lifestyle accessory.
Getty One of the most vexing questions many of us face once we hit our 60s is: Where should we live as we get older? I’m not talking about those “Best Places to Live” rankings. I mean what kind of home, and type of community, would be most suitable. That’s why I was eager to
WASHINGTON, DC – NOVEMBER 15: U.S. President Donald Trump delivers remarks in the Roosevelt Room at … [+] the White House on November 15, 2019 in Washington, D.C. (Photo by Zach Gibson/Getty Images) Getty Images Lots of people want to see President Trump’s tax returns, including members of Congress, New York state prosecutors, and —
Share to facebook Share to twitter Share to linkedin The company could go public in 2020 with a direct listing. Avishek Das/SOPA Images/LightRocket via Getty Images Topline: With 2019 turning out to be a big year for initial public offerings, one of next year’s most hotly anticipated IPOs, Airbnb, already has substantial funding and is
Virtually Staged Living Room The Agency Virtual staging has gained traction among real estate agents around the county. As software gets better realistic virtual staging can turn an empty or outdated home into a fully furnished model ready for prime time. Judy Dutton, deputy editor at realtor.com confirms that virtual staging is a fast-growing trend.
An aerial photo shows Boeing 737 MAX aircraft at Boeing facilities at the Grant County International Airport in Moses Lake, Washington, September 16, 2019. Lindsey Wasson | Reuters DUBAI, United Arab Emirates — Boeing managed to reach day three of the Dubai Air Show with bids for 50 of its embattled 737 Max jets, a