In this article WFC Wells Fargo CEO Charles Scharf listens during the Milken Institute Global Conference in Beverly Hills, Calif., on April 30, 2019. Kyle Grillot | Bloomberg | Getty Images Wells Fargo isn’t out of the woods yet when it comes to its regulatory mess. That’s the message the bank sent in its most
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In this article TSLA VOW3-DE BMW-DE The BMW i4 seen during a BMW press event in Garching, Bavaria, on September 29, 2021. Matthias Balk | picture alliance | Getty Images The BMW Group’s sales of fully electric vehicles grew by 121.4% in the first nine months of 2021, hitting 59,688 units, with the German carmaker
Stephan Wollenstein, CEO of Volkswagen China, presents the new ID.6 Crozz electric car during the Shanghai International Automobile Industry Exhibition on April 19, 2021. Hector Retamal | AFP | Getty Images BEIJING — When it comes to their favorite electric car brand, Chinese consumers’ top choice is Warren Buffett-backed BYD, according to a survey by
Tasos Katopodis | Getty Images News | Getty Images Democrats jettisoned a number of proposals to raise taxes on the wealthy in their $1.75 trillion social and climate spending measure. But those taxes are set to increase even if lawmakers don’t touch them. Starting in 2026, the marginal income-tax rate paid by the highest earners
People scan a QR health code as a preventive measure against the Covid-19 coronavirus, before entering a shopping mall in Beijing on November 2, 2021. Jade Gao | AFP | Getty Images BEIJING — About half the flights to and from Beijing’s two airports were cancelled Tuesday as the capital tightened travel restrictions after a trickle of new cases in
Some countries have managed the global pandemic better than others. The same can be said for cities. But understanding how cities are faring in the fight against Covid is more complicated that comparing infection rates and mask rules. The London-based analytical agency Deep Knowledge Analytics (DKA) examined 114 variables across five categories of pandemic responses:
Bill Koplitz | Moment | Getty Images A retirement tax strategy favored by the wealthy survived in Democrats’ latest social and climate spending plan, after an earlier version had it on the chopping block. So-called backdoor Roth strategies are a way for the rich to skirt income and savings limits that apply to Roth individual
Two women walk next to graves of people who passed away due to the coronavirus disease (COVID-19) at the Parque Taruma cemetery in Manaus, Brazil May 20, 2021. Bruno Kelly | Reuters More than five million people have died from the coronavirus worldwide, according to data collected by John Hopkins University. There have been 5,000,425
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, October 27, 2021. Brendan McDermid | Reuters U.S. stock futures rose slightly in overnight trading on Sunday as investors readied for the first trading of November. Market participants are gearing up for another week of corporate earnings, a key Federal
In this article CMCSA CNK Tom Hardy stars in Sony’s “Venom: Let There Be Carnage.” Sony Don’t count out the domestic box office just yet. A combination of new movie releases, many of which appeared exclusively in theaters, coupled with growing consumer confidence in returning to cinemas amid the coronavirus pandemic led October to be
In this article MSFT AAPL GILD Starbucks coffee shop logo seen at one of their stores. Stephen Zenner | LightRocket | Getty Images Check out the companies making headlines in midday trading. U.S. Steel — Shares of U.S. Steel gained more than 15% as the company’s quarterly results beat top and bottom line estimates. U.S.
In this article AAL An American Airlines Boeing 777-300ER plane takes off from Sydney Airport in Sydney, Australia, October 28, 2020. Loren Elliott | Reuters American Airlines has canceled more than 1,000 flights since Friday, disruptions it blamed on staffing problems and high winds at its busiest hub. On Saturday, American canceled nearly 460 flights,
President Joe Biden on Oct. 29, 2021 in Rome, Italy. Antonio Masiello | Getty Images News | Getty Images A $1.75 trillion social and climate spending framework Democrats unveiled Thursday would reform the health-care market in several ways, expanding access and reducing costs for millions of Americans. Chiefly, the proposal would expand subsidies available for
In this article RCL Royal Caribbean CEO Richard Fain told CNBC on Friday that his company hasn’t suffered much from U.S. staffing challenges because the cruise line leans on a global talent pool. In an interview on “The Exchange,” Fain said jobs at Royal Caribbean are “so desirable” to overseas workers that recruitment is easy,
In this article GS Rafael Henrique | SOPA Images | LightRocket | Getty Images Goldman Sachs has begun giving its institutional trading clients research reports from crypto news and data firm The Block. Hedge funds and other clients began receiving the reports on Thursday via the investment bank’s Marquee digital platform, according to an email
Deconstructing your financial slavery couldn’t be more important than right now. Becoming wealthy is about doing it holistically, leaning into what it means to raise our vibration in health, spirituality, finances and emotional intelligence. Steele and Swan talk about releasing the ‘Crabs in the Bucket’ Mindset and embracing the magic within each of us and
A demonstrator holds up an abortion flag outside of the U.S. Supreme Court as justices hear a major abortion case on the legality of a Republican-backed Louisiana law that imposes restrictions on abortion doctors, on Capitol Hill in Washington, U.S., March 4, 2020. Tom Brenner | Reuters Abortion and guns are front and center as
Employees pack crates with merchandise for orders at a Cainiao warehouse, the logistics subsidiary of Alibaba Group Holding, ahead of the company’s annual Singles’ Day shopping extravaganza in Wuxi, Jiangsu province, China, on Nov. 9, 2020. Qilai Shen | Bloomberg | Getty Images BEIJING — Alibaba is investing further in Europe for Singles Day this