Senate Democrats sent dozens of questions to AT&T and Novartis on Monday, saying the multinational companies’ recently revealed payments to the company of President Donald Trump‘s lawyer “raise obvious questions about corruption.” Telecommunications giant AT&T said in a statement last week that it paid Trump’s attorney, Michael Cohen, $50,000 a […]
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How to get your piece of the Wells Fargo banking scandal settlement
For some consumers taken advantage of by one of the nation’s biggest banks, Monday is the last day to decline a slice of a big class-action settlement pie. Wells Fargo customers have until May 14 to opt out of a $142 million settlement. This deadline applies to folks who had […]
This is the breakout move that will take Apple to $1 trillion
Apple, already the world’s largest company by market cap, looks likely to become even bigger. Its recent gains put it on track to hit a never-before-seen target, one technician says. “This is the breakout move that is going to take this stock to be the first $1 trillion market-cap company, […]
Those Lambos parked at the bitcoin conference are just a promotion
Three Lamborghinis parked Monday morning near a major cryptocurrency conference in New York did not belong to investors in bitcoin, or any other digital coin. Instead, two of the luxury cars were from Broadway Supercars, a New Jersey-based car rental, and one belonged to company founder John Nouri. He said […]
The 10 highest-paying entry-level jobs for college grads
Your first job out of college could pay anywhere from $32,000 to $76,000, GOBankingRates finds, having collected data from Salary.com to determine which jobs offer the highest and lowest starting salaries to new grads. Your salary may matter now more than ever, since the annual interest rate on federal student […]
IRS may nix blue states’ workaround on tax deduction caps
A number of high-tax states have recently passed legislation to help residents manage new caps on their ability to take federal tax deductions. However, accountants are warning taxpayers to proceed with caution. This year, the Tax Cuts and Jobs Act put in place a $10,000 cap on the amount of […]
Co-pilot of Chinese airliner nearly sucked out after cockpit window falls out
An airliner was forced to make an emergency landing in southwest China after part of the cockpit window fell out in mid-flight. The Sichuan Airlines aircraft was flying from Chongqing to Lhasa on Monday morning when the incident happened. Pictures shared online show the co-pilot’s side of the windshield gone […]
Elon Musk tells employees Tesla will streamline management
Tesla CEO Elon Musk Monday told employees the company plans to “flatten” its structure as it works to improve communication and trim activities “that are not vital” to its success. “To ensure that Tesla is well prepared for the future, we have been undertaking a thorough reorganization of our company,” […]
CBS sues controlling shareholder National Amusements over proposed Viacom deal
CBS on Monday asked a court to block controlling shareholder Shari Redstone from interfering at a special meeting of its board called to consider a merger with Viacom. National Amusements, the privately held movie theater company owned by Sumner Redstone and his daughter Shari, own a majority of the voting […]
You could recoup the cost of college in 3 years if you’re willing to do this
More than 44 million Americans have taken out student loans to pay for school and their debt now totals $1.4 trillion. The average debt for 20-year-olds is $22,135 while for 30-year-olds, it’s $34,033. And loans are about to get more expensive. In an interview with CNBC, student loan expert Mark […]