Month: October 2019

Venezuelans on Tuesday desperately explored piracy workarounds to continue using Adobe programs after the software developer said it will cut access to its products for the country’s users, citing U.S. sanctions, in a move critics said demonstrated the unintended consequences of the Trump administration’s policies. San Jose, California-based Adobe Inc, whose products like Photoshop and InDesign are widely used by designers, illustrators and digital marketers, said on Monday it was “deactivating all accounts in Venezuela” to comply with the sanctions, which are part of Washington’s effort to oust socialist President Nicolas Maduro. A slew of Venezuelan creative professionals …read more […]

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing more than 730 13F filings submitted by hedge funds and prominent investors. These filings show these funds’ portfolio positions as of June […] …read more […]

The big shareholder groups in Palatin Technologies, Inc. (NYSEMKT:PTN) have power over the company. Institutions will… …read more […]

The European Union Aviation Safety Agency (EASA) said on Tuesday it was still assessing proposed changes to Boeing software for the grounded 737 MAX and had yet not found anything that would undermine hopes for a coordinated return to service. The Wall Street Journal earlier reported that European safety concerns and disagreements over software could prolong vetting of the changes and prompt European regulators to withhold full support when the Federal Aviation Administration (FAA) ultimately clears the planes for commercial flight. …read more […]

We’ve lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On… …read more […]

An IRA is an Individual Retirement Account (or Arrangement). They are investment accounts to help you save for retirement, and they come with different tax benefits, depending on which IRA you set up. There are two main types of IRAs: Traditional and Roth.
What is a Traditional IRA?
With a Traditional IRA, contributions made in a given year are tax-deductible. For example, if you contribute $6,000 for the year 2019 and are qualified, you can deduct that money from your taxable income. However, once you start to receive disbursements, you will have to pay taxes on what you withdraw, including both contributions …read more […]

The prolonged strike at General Motors Co is estimated to have hit 150,000 workers in the auto industry, a report from research and consulting firm Anderson Economic Group (AEG) showed on Tuesday. The strike at the No.1 U.S. carmaker began on Sept. 16, with its 48,000 members of the United Auto Workers (UAW) union seeking higher pay, greater job security, a bigger share of the automaker’s profit and protection of healthcare benefits. About 75,000 employees of auto parts suppliers have either been temporarily laid off or have seen their wages shrink due to the slump in demand from …read more […]

The U.S. Food and Drug Administration said on Tuesday it approved Australian drugmaker Clinuvel Pharmaceuticals Ltd’s treatment for a rare inherited disorder that results in skin damage from exposure to light. The treatment, Scenesse, is an under-the-skin implant that treats erythropoietic protoporphyria, a painful disorder that causes the skin to itch, burn, and scar in some rare cases, when exposed to sunlight and some types of artificial light. It is the company’s only approved treatment and brought in 25.8 million Australian dollars ($17.41 million) in 2018. …read more […]