Month: April 2019

Apple sales technicians confer in front of Apple product advertisements in the World Trade Center in New York City. Robert Nickelsberg | Getty Images Apple will report earnings for its March quarter Tuesday after the bell. Apple stock has been on a tear. Shares are up 44% since January 3, adding over $290 billion to
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Bethenny Frankel is selling her SoHo condo for $4.375 million. Tim Waltman/Compass There are several opportunities to live like a celebrity in New York City this spring. Bethenny Frankel, for example, has listed her SoHo condo for sale once again. Frankel bought the apartment in 2014 for $4.2 million. John Nacion/STAR MAX/IPx The Real Housewives star and
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In my opinion, the worst 401(k) mistake is the failure to focus on employee outcomes. The “outcome” should be for employees to have enough money to retire with confidence and financial security. To help employees get there, employers need to ask the right questions. For example, are employees participating in the plan? Are they saving
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Barry Sternlicht Cameron Costa | CNBC Questions raised by progressives in the 2020 presidential race about whether capitalism still works for America reflect mistaken beliefs about how prosperity is created, global investor Barry Sternlicht told CNBC on Tuesday. “The left does not understand that companies need to make money in order to invest in new
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General Motors Chairman and CEO Mary Barra announces a $300 million investment in the GM Orion Assembly Plant plant for electric and self-driving vehicles at the Orion Assembly Plant on March 22, 2019 in Lake Orion, Michigan. Bill Pugliano | Getty Images General Motors will report first-quarter earnings before the market opens Tuesday. Here’s what
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More and more Democratic presidential hopefuls are adopting a single-payer health care stance, which could be devastating for any player in the health insurance business, CNBC’s Jim Cramer said Monday. Following the lead of Bernie Sanders, the independent Vermont senator who is one of the biggest mouthpieces advocating for “Medicare for All,” about eight candidates
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Regulars readers of my articles will know that I have repeatedly said that the popular narrative, that Defined Contribution/401(k) plans are a “failed experiment” that’s the result of employers failing in their responsibility to provide Defined Benefit retirement plans, misses the point that the system in which individual employers provided guaranteed retirement benefits was not
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Boeing said Monday that it didn’t “intentionally or otherwise deactivate” the disagree alert on its 737 Max jets. The statement comes in response to reports that the planemaker failed to tell Southwest Airlines and the Federal Aviation Administration that the safety feature was deactivated before recent crashes. Southwest said it did not know about the
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Abusive Tax Shelters jda The U.S. Department of Justice has announced that it has obtained a permanent injunction against Michael L. Meyer (“Mike Meyer) of Florida from selling his “Ultimate Tax Plan” which used so-called Charitable LLCs and Charitable Limited Partnerships as part of an abusive tax scheme. The permanent injunction is very broad: Meyers
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