The Axiom space station, with the circular SEE-1 module attached, is seen in an artist’s rendition. Axiom Space The producers of Tom Cruise’s planned space movie on Thursday announced plans to attach a studio to the space station in development by Houston-based company Axiom. U.K.-based studio Space Entertainment Enterprise, co-founded by producers Elena and Dmitry
A job seeker receives information from a recruiter during a job fair in Miami, Florida, on Dec. 16, 2021. Eva Marie Uzcategui/Bloomberg via Getty Images The number of people filing for unemployment benefits jumped last week to the highest level since October, the Labor Department said Thursday. That may signal a troubling rebound, after claims
Pioneer Woman Ree Drummond is a multi-faceted talent known not just for her hit Food Network television show, but also for her magazine and cookware collection with Walmart. While fans of hers have welcomed Drummond’s signature bright floral patterned products into their kitchens since 2015, they can now incorporate the same look into other rooms
Will Morris, former chair of the tax committee at Business at OECD, reflects on his nearly decadelong tenure and experiences leading the business community through OECD global corporate tax reform projects. This transcript has been edited for length and clarity. David D. Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today
In this article PTON A monitor displays Peloton Interactive Inc. signage during the company’s initial public offering (IPO) across from the Nasdaq MarketSite in New York, U.S., on Thursday, Sept. 26, 2019. Michael Nagle | Bloomberg | Getty Images Shares of Peloton closed down 23.9% at $24.22 on Thursday, wiping roughly $2.5 billion off of
In this article NFLX (L-R) Co-CEOs of Netflix Reed Hastings and Ted Sarandos arrive for the Allen & Company Sun Valley Conference on July 06, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Netflix is set to report fourth-quarter earnings after the bell on Thursday. Here are the key numbers analysts are looking
In this article CSX NFLX ISRG PPG In this photo illustration the Netflix logo in the App Store seen displayed on a smartphone screen. Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in after-hours trading: Netflix — Netflix shares dropped 19% in extended trading after the company’s
Bill Gates is excited about how many new climate tech start-ups have popped up in recent years. He also thinks that plenty of them won’t last. “The number of companies working on these things is very exciting,” Gates said on Wednesday, in a virtual session of the World Economic Forum. “Some of them will fail.
Spencer Platt | Getty Images IPO investors in a record-breaking issuance rush in 2021 have so far been disappointed by dismal returns, and the outlook for the once-booming market is only getting worse with rising rates and insider selling on the horizon. Last year, the number of U.S. traditional IPOs climbed to the highest levels
Tetra Images | Tetra images | Getty Images This tax-filing season is expected to be difficult, as the IRS works through millions of unprocessed returns, according to a report from the National Taxpayer Advocate. An error-free return may avoid delays, and IRS transcripts can help, tax experts say. While most who file electronically and use direct deposit will
Knock, a digital homeownership platform, today released its ranking of the best housing markets by generation in 2022. Austin, Texas, ranks No. 1 for Millennials, while Miami is the best market for Gen X, and Pittsburgh tops the list for Baby Boomers. Austin and Knoxville, Tennessee, are the only metros to make two lists. Sean
For months, we have heard about workers quitting jobs and leaving the labor market in a supposed “Great Resignation,” which allegedly is hurting the economy. But that story is proving to be wrong. Although quit rates are high (especially for lower-wage workers), many are staying in the labor market and getting better jobs, in what White House economists
Ambulances outside University of Maryland St. Joseph Medical Center in Towson, Maryland, on Jan. 7, 2022. Karl Merton | Tribune News Service | Getty Images As Covid-19 cases surge across the nation, Republican and Democratic governors alike are issuing new or reinstated emergency health orders in an effort to slow the spread of the omicron
In this article AAL An American Airlines passenger jet approaches to land at LAX during the outbreak of the coronavirus disease (COVID-19) in Los Angeles, California, April 7, 2021. Mike Blake | Reuters American Airlines‘ fourth-quarter revenue was slightly ahead of forecasts and its loss was smaller-than-expected, the company said Thursday. “Over the past year,
In this article UAL TRV AAL SIG F RF Check out the companies making headlines before the bell: Travelers (TRV) – The insurance company reported a quarterly profit of $5.20 per share, well above the $3.86 consensus estimate, with revenue also beating analyst forecasts. Travelers benefited from stronger results in investment income and underwriting, and
In this article PTON Peloton executives and insiders sold nearly $500 million worth of their stock before its big decline, according to filings with the Securities and Exchange Commission. The company’s stock is down more than 80% from its highs last year, and it hit a 52-week low of $29.11 Tuesday. Yet the company’s CEO
10’000 Hours | DigitalVision | Getty Images Certain mothers in New York City are poised to get a significant boost in income, thanks to the launch of a new guaranteed income program. The program — called the Bridge Project — is giving mothers of infants and expectant mothers $500 or $1,000 per month for three
Inflation is a symptom of an unhealthy economy, but it is not the only symptom. One can look for other symptoms of the economy’s health for clues about what inflation trends may be after the pandemic eases. This is just like a doctor who, when diagnosing a patient, wants to examine aspects of health beyond
Loading chart… DuPont de Nemours: “Sold it for the [charitable trust] yesterday. Why? Because it had moved up. We wanted to be able to take a good gain.” Loading chart… Commercial Vehicle Group: “I like stocks that are inexpensive and have to do with autos, and there you’ve got one. I think you’re in good
Someone should write a country song about trying to call the IRS. I called the IRS today. I called three times before I could even wait on hold. The first two times, I got a message that the phone lines were too busy and I needed to call back. The third time was a charm,