Momo Productions | Digitalvision | Getty Images Parents with young kids or those expecting a child may wonder: What financial steps should I take to set my family up for success? Here are four of the top considerations, according to Rianka Dorsainvil, a certified financial planner and co-CEO of 2050 …
Read More »
Carl Icahn on Friday alleged that Illumina‘s directors demanded extra personal liability insurance before the biotech company signed off on a $7.1 billion acquisition of cancer test developer Grail in 2021. The claim is the latest development in a brewing proxy fight between the activist investor and San Diego-based Illumina, …
Read More »
A general meeting of Deutsche Bank Arne Dedert | picture alliance | Getty Images Deutsche Bank shares slid Friday while the cost of insuring against its default spiked, as the German lender was engulfed by market panic about the stability of the European banking sector. However, many analysts were left …
Read More »
Sam Altman, president of Y Combinator, pauses during the New Work Summit in Half Moon Bay, California, U.S., on Monday, Feb. 25, 2019. David Paul Morris | Bloomberg | Getty Images OpenAI’s ChatGPT unleashed an arms race among Silicon Valley companies and investors, sparking an A.I. investment craze that proved …
Read More »
Visualspace | E+ | Getty Images Over the past year, there’s been a wave of confusion around tax reporting for payment apps like Venmo and PayPal, along with e-commerce companies such as eBay, Etsy and Poshmark. But the IRS provided clarification in an update this week. The 2022 threshold for Form 1099-K, which …
Read More »
The owner of this over-the-top, seven-bedroom and 11-bath mansion in Los Angeles is prepared to accept $6 million less than what he paid for it less than two years ago — all to beat a ticking clock. The home features a Kobe Bryant-themed basketball court, car showroom and a 70-foot …
Read More »
Ford’s BlueOval City electric vehicle and battery manufacturing campus in West Tennessee is scheduled to begin production in 2025. It will be home to Ford’s second-generation electric truck, code named Project T3, and will be capable of producing 500,000 EV trucks a year at full production. Ford Ford Motor’s new …
Read More »
A logo stands on display above the headquarters of Deutsche Bank AG at the Aurora Business Park in Moscow, Russia. Andrey Rudakov | Bloomberg | Getty Images Deutsche Bank shares fell by more than 9% in early trade on Friday following a spike in credit default swaps on Thursday night, …
Read More »
China’s peace proposal to end the war in Ukraine is “extremely unfair,” since the plan doesn’t respect the territorial integrity of the country, said the permanent secretary of Estonia’s Ministry of Defense. Beijing issued a 12-point peace plan in February. It is the duty of “the wider global community” to …
Read More »
Crypto companies are frustrated at the U.S. government for its lack of clear rules for the industry and the Securities and Exchange Commission for its aggressive actions against digital currency firms, according to multiple executives who spoke to CNBC. Unlike other countries, the U.S. has yet to come up with …
Read More »
EU News Digest Latest News & Updates