Personal computer pioneer Michael Dell on Tuesday defended free market capitalism as the most effective system to drive entrepreneurship and jobs. “If you look at the number of jobs that have been created by the free enterprise system, this is the best thing going,” the Dell Technologies founder said in a “Squawk Box” interview. “We
Netflix has a dominant position in the streaming wars but, while analysts believe the steadily increasing number of well-funded competing services will take a bite out of the company’s advantage, most do not expect Netflix will lose many subscribers. “Netflix is likely to see some incremental churn from new competition – but it should be
Shaun Wilkinson | iStock | Getty Images Plus For recent college graduates, the approach of December brings a dose of harsh reality. Federal student loans, which make up the bulk of student debt, generally have a six-month grace period after graduation to give borrowers time to get on their feet before they have to start
Getty Financial exploitation of older Americans seems to be getting worse. The Treasury Department reported a 17% increase in the number of cases in 2017 vs. 2016, the latest figures available. And the Center for Financial Services Innovation says at least 20% of older adults have been victims of elder financial fraud. But there’s one
Share to facebook Share to twitter Share to linkedin The investigation finds that recruiting Tesla comes at a price. David Calvert/The Washington Post via Getty Images Topline: While states often compete to attract thousands of new tech jobs, a USA Today investigation uncovered a host of issues—from workplace injuries to housing shortages—at Tesla’s Nevada Gigafactory
Owning and maintaining beachfront property has always come with a different set of considerations than inland homes. For starters, beachfront properties require mandatory flood insurance and often have higher property taxes and management costs. These additional expenses are well worth it for many homebuyers. The positive effects of coastal living are backed by science .
Boeing 737 MAX airplanes are stored in an area adjacent to Boeing Field, on June 27, 2019 in Seattle, Washington. Stephen Brashear | Getty Images Boeing orders continued to slow last month as the manufacturer, hamstrung by the grounding of its best-selling 737 Max after two fatal crashes, handed a bigger lead over to its
Tyson Foods’ frozen chicken products. Daniel Acker | Bloomberg | Getty Images Tyson Foods fell short of Wall Street estimates for quarterly sales on Tuesday, as the No.1 meat processor in the United States was hit by weakness in its beef business, its biggest segment, due to a drop in cattle processing capacity. Shares of
The S&P 500 is having its best year since 2013. But one widely used strategy will likely block investors from profiting from the market’s record strength going forward, according to Crossmark Global Investments’ Victoria Fernandez. The firm’s chief market strategist, who has $5 billion in assets under management, is advising investors to avoid picking S&P
An employee pushes grocery carts outside a Kroger Co. grocery store in Louisville, Kentucky. Luke Sharrett | Bloomberg | Getty Images Here are the biggest calls on Wall Street on Tuesday: Evercore ISI upgraded Live Nation to ‘outperform’ from ‘in line’ Evercore said it sees another “strong, double-digit growth” year in 2020 for the events
Hero Images | Hero Images | Getty Images The registered investment advisor industry may be the perfect playground for private equity investors. It has good growth, high profit margins, consistent cash flow and low capital needs. With roughly 13,000 firms in the industry, it is also highly fragmented, ripe for roll-up, and begging for consolidation.
As tuition costs soar, more students and their families are asking themselves if college is still worth it. Some experts say the value of a bachelor’s degree is fading. Starting salaries for new college graduates have grown less than 1% over the past two years, remaining at around $50,000. Worse yet: A decade after leaving
AiFi AI-driven checkout-free systems for retail stores Santa Clara, CA 2016 Airspace Technologies Logistics platform for time-sensitive shipments, like donated organs or replacement parts San Diego 2019 AISERA AI-driven help desk for IT, HR and customer service Palo Alto, CA 2017 Alpha Medical Mobile platform providing basic health-care services for women Palo Alto, CA 2017
It’s time to give credit where credit is due: millennials understand retirement in a way that no … [+] other generation has. Getty It’s time to give credit where credit is due: millennials understand retirement in a way that no other generation has. Retirement isn’t what it used to be. In previous generations, people punched
“Changes ahead” traffic sign in city Getty Coming soon to an Opportunity Zone investment near you: information reporting, and possibly much more of it. Two Democratic lawmakers released their visions for what investors and qualified opportunity funds should report to the IRS on November 6. QOFs and their investors should pay attention. The Opportunity Zone regime, which
Share to facebook Share to twitter Share to linkedin Rendering of the penthouse at The CAB, a building allowed to sell units to foreigners. Love & Co. Earlier this year New Zealand—a Forbes top-ranked country for doing business—tightened the rules about who can purchase property in the country, limiting ownership rights to only those that
Hong Kong billionaire Li Ka-shing at the listing press conference for CK Life Sciences International (Holdings). K. Y. Cheng | South China Morning Post | Getty Images Shares of biotech company CK Life Sciences soared more than 200% last week on news that the Hong Kong-based firm has made significant headway in a skin cancer
China could start rolling out its digital currency as early as the next two to three months, predicted the managing partner of an investment firm backed by Foxconn Technology Group. China has developed a framework called the Digital Currency Electronic Payment or DCEP, according to Jack Lee, managing partner of HCM Capital. That would allow
Tesla founder Elon Musk speaks at the unveiling event by “The Boring Company” for the test tunnel of a proposed underground transportation network across Los Angeles County, in Hawthorne, California, December 18, 2018. Robyn Beck | Pool | Reuters Here are the biggest calls on Wall Street on Monday: Jefferies raised its price target on
If you’re on Medicare, the cost of your coverage for doctor’s appointments and other outpatient services is about to rise. The standard monthly premium for Medicare Part B will be $144.60 for 2020, up $9.10 from $135.50 in 2019, the Centers for Medicare & Medicaid Services announced Friday. The annual deductible for Part B will