A WeWork office in San Francisco Kate Munsch | Reuters WeWork’s dramatic fall has led to SoftBank CEO Masa Son’s questioning his own judgement, but one analyst still believes the bank will come out on top eventually with the massive investment in the reeling space-sharing company. “Despite the huge embarrassment WeWork has been for SoftBank this
John Legere, chief executive officer and president of T-Mobile US Inc., left, listens as Marcelo Claure, chief executive officer of Sprint Corp., speaks during an interview on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, April 30, 2018. Michael Nagle | Bloomberg | Getty Images T-Mobile is considering
The arrival of a new baby can be one of the most joyous occasions in life. It also should be a time of careful planning for the little one’s arrival, everything from picking out baby clothes to furnishing their nursery and planning for longer-term needs — such as health care, child care, and education. According
Getty When a disappointed Clark Griswold received his “Jelly of the Month Club” bonus in the classic yuletide film Christmas Vacation, Cousin Eddie was quick to quip it was “the gift that keeps on giving.” Little did Clark know that Cousin Eddie was on to something—something too many parents (and grandparents) also overlook. When it
“Pay me next year” requests are common with employers, suppliers, vendors, customers, and more. This time of year, many people ask for payment in January. You probably assume you can’t be taxed until you receive money. Actually, though, if you have a legal right to payment but decide not to receive it, the IRS can still tax you now, even
Living space designed by Champalimaud Binyan Studios The team behind famed architect Robert A.M. Stern’s first multi-family development in San Francisco is debuting interior images to help potential buyers envision life inside. Slated for completion next year, Crescent is an eight-story building featuring 44 luxury condos at a cable-car crossing atop the historic Nob Hill.
CNBC’s Jim Cramer breaks down data and explains why most Americans are not benefiting from the 2019 bull market. The “Mad Money” host gets insight into why Chipotle’s operations are working in an interview with CEO Brian Niccoli. Later in the show he sits down with the CEOs of cloud software company ServiceNow and medical
RH, the company formerly known as Restoration Hardware, posted fiscal third-quarter earnings Wednesday that topped analysts’ estimates, but left its forecast for the current quarter largely unchanged. RH shares were recently trading slightly higher in extended trading Wednesday, but the stock had been down earlier. Here’s how the company with Wall Street’s expectations, according to
Pedestrians pass in front of an Ulta Beauty store in New York. Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines after the bell: Shares of Ulta spiked more than 9% during extended trading after the beauty retailer posted mixed third-quarter earnings and matched same store-sales estimates. The company earned $2.25
What to buy for the frequent-flying road warrior who sees it all in their travels? Here are creative gadgets that can make upcoming 2020 travel that much more comfortable. Wireless earphones: Nuheara’s IQbuds Boost Nuheara IQbuds Boost Courtesy of Nuheara. Eliminate the endless noise pollution of airports, planes, trains and city life with these wireless
Chime CEO Chris Britt Source: Chime A war is brewing in digital banking, and one leading player just loaded up on ammunition. Chime, the largest of a new breed of branchless U.S. banks, raised $500 million in a series E round it closed recently valuing the company at $5.8 billion, according to people with knowledge
JGI/Jamie Grill | Tetra images | Getty Images Make 2020 the year you nail your taxes: The IRS has released the final version of its new tax withholding form. The new Form W-4 goes into effect for 2020. Employees use it to tailor the amount of income tax that’s withheld from their paychecks. The document
Entrepreneurs who work at H Street Greenhouse in Washington, D.C. Kerry Hannon Question: Are business co-working spaces for midlife entrepreneurs taking off? Answer: Not yet. But… stay tuned. Here’s why: In Washington, D.C., something called the H Street Greenhouse is developing a model boutique co-working space for midlife entrepreneurs that offers a tantalizing alternative to
Share to facebook Share to twitter Share to linkedin It’s not the first time the senator has gone after big business. Elijah Nouvelage/Getty Images Topline: While Elizabeth Warren has made her presidential campaign all about going head-to-head with big business, the presidential hopeful is now working on a sweeping new anti-monopoly bill, first reported on
That’s not a typo. This article is not about first time homebuyers. It’s for those of you who are considering buying or building a hotel, for the first time. In case you never think about who owns the hotels that operate flying the flag of your favorite brand, or those independent gems, often times it
CNBC’s Jim Cramer on Thursday said excessive negative sentiment about the stock market being spewed out in the media is leaving too many potential investors on the sidelines. After rising slightly during the trading session, the S&P 500 has rallied more than 26% thus far in 2019. Yet, just about 1 in 3 American voters
A shopper at a Dollar General store Daniel Acker | Bloomberg | Getty Images Dollar General raised its full-year profit forecast on Thursday after reporting a better-than-expected quarterly same-store sales as it attracted more shoppers to its stores. Shares of the company rose nearly 6% in premarket trading as same-store sales rose 4.6% in the
Job growth should appear strong in November as striking GM workers returned to the workforce. Economists surveyed by Dow Jones expected 187,000 jobs were added in November, and Refinitiv’s consensus forecast was 180,000. Wages are expected to rise by 0.3% in the month, and unemployment is expected to remain at 3.6%. The government’s monthly employment
Elon Musk, chief executive officer of Space Exploration Technologies Corp. (SpaceX) and Tesla Inc., speaks during an event at SpaceX headquarters in Hawthorne, California, U.S., on Thursday, Oct. 10, 2019. Patrick T. Fallon | Bloomberg | Getty Images Elon Musk testified under oath he’s not sure know how much he’s worth. The Tesla and SpaceX
Workers walk outside the Tesla Inc. Gigafactory in Shanghai, China, on Friday, Nov. 1, 2019. Qilai Shen | Bloomberg | Getty Images Morgan Stanley increased its “bull case” for Tesla to $500 a share on Thursday, in the firm’s calculation of a best case scenario for the company’s value if Cybertruck is successful and the