This little-known do-over clause could make Social Security regrets a thing of the past for recent retirees and today’s working-age Americans. …read more […]
BERLIN (Reuters) – U.S. tariffs on imported cars could lead BMW to reduce investment and cut jobs in the United States due to the large number of cars it exports from its South Caroline plant, the German carmaker has warned.
RIYADH (Reuters) – U.S. President Donald Trump said in a tweet on Saturday that Saudi Arabia’s King Salman had agreed to his request to increase oil production “maybe up to 2,000,000 barrels” to offset production from Iran and Venezuela.
These generous dividends should stand the test of time for income investors with a long-term mind-set. …read more […]
Shareholders got much-needed good news this week from one of Celgene’s key collaboration partners. …read more […]
These gold stocks are getting darn cheap, but only one is worth a look. …read more […]
Want to buy great companies at bargain prices? Start your search with Celgene, Brookfield Infrastructure Partners, and Universal Display. …read more […]
ZURICH (Reuters) – The chairman of Swiss drugmaker Novartis expects Alcon to be valued at between $20 billion and $30 billion when the opthalmic devices unit is spun off to shareholders next year, he said in an interview with Finanz und Wirtschaft.
Indonesia’s state-owned mining holding company PT Inalum is close to finalising a multi-billion-dollar deal to acquire a majority stake in the giant Grasberg copper mine, government officials said on Saturday. Situated in Indonesia’s eastern-most province of Papua, Grasberg, the world’s second-largest copper mine, is owned and operated by Freeport Indonesia (PTFI), a subsidiary of U.S.-based Freeport McMoRan Copper & Gold Inc. (FCX.N). Global miner Rio Tinto has a joint venture with Freeport for a 40 per cent share of Grasberg’s production above specific levels until 2021, and 40 per cent of all production after 2021. …read more […]
LeBron James posted a video of himself jumping off a cliff while on a Caribbean vacation with his family. James told the Cleveland Cavaliers on Friday that he will not exercise his $35.6 million contract option for next season, making him an unrestricted free agent on Sunday when NBA teams can begin negotiations with players before signing them on July 6. By declining his option, James positioned himself to be able to choose where he’ll play next and Cleveland, his basketball home for 11 of the past 15 seasons, remains a strong possibility. …read more […]
(Reuters) – A Missouri appeals court on Friday threw out a $55 million verdict against Johnson & Johnson in a lawsuit by a woman who claimed she developed ovarian cancer after using talc-based products, including J&J’s baby powder, citing a U.S. Supreme court ruling on where such cases can be brought.
Bitcoin’s meteoric rise last year had many observers calling it one of the biggest speculative manias in history. The cryptocurrency’s 2018 crash may help cement its place in the bubble record books. Down about 70 percent from its December high after sliding for a fourth straight day on Friday, Bitcoin is getting ever-closer to matching the Nasdaq Composite Index’s 78 percent peak-to-trough plunge after the U.S. dot-com bubble burst. …read more […]
BEIJING (Reuters) – Growth in China’s manufacturing sector slowed in June after a better-than-expected performance in May, official data showed, as escalating trade tensions with the United States fuel concerns about a slowdown in the world’s second-biggest economy.
Amazon wants you to deliver its packages for them. The online retailer launched a new program this week that helps people in the United States start their own businesses delivering Amazon packages. The move gives Amazon another way to ship its packages to shoppers besides relying on UPS, FedEx and other package delivery services. …read more […]
(Reuters) – General Motors Co warned on Friday that higher tariffs on imported vehicles under consideration by the Trump administration could cost jobs and lead to a “a smaller GM” while isolating U.S. businesses from the global market.
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