A general view of the BP logo and petrol station forecourt sign on January 22, 2024 in Southend, United Kingdom. John Keeble | Getty Images News | Getty Images Company: BP plc BP provides energy products and services to its customers. The company’s segments include gas & low-carbon energy, oil […]
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What Walmart’s new focus on employee stock could mean for the wealth of the average American household
Friday’s huge jobs number showed that the labor market remains highly competitive, with wage increases outpacing expectations, and the retail industry third among those with net job gains. It’s no surprise then that the biggest retailer, Walmart, is increasing its efforts to attract and retain workers. But what’s interesting is […]
LVMH takes aim at $30 billion watch market with high-end, reinvented pieces
Luxury giant LVMH is making a push to gain share of the global luxury watch business, with a newly formed watch division and an array of new, higher-priced models. Sales of luxury watches worldwide are estimated at about $30 billion this year, according to market research firm IMARC Group. They’re […]
46-year-old early retiree who had $380,000 a year in passive income heads back to work—here’s why
For the first time since 2012, Sam Dogen is getting a day job. That’s the year that Dogen quit his job as an investment banker, having spent 13 years working, saving, investing and generally burning himself out. At age 34, his portfolio and real estate investments were generating about $80,000 […]
Shaquille O’Neal says this advice from Jeff Bezos got him to invest in a $29 million education startup backed by Sam Altman
When you’re considering investment advice, taking a tip from one of the world’s wealthiest people is probably a good place to start. That’s why Shaquille O’Neal says he turned to Amazon founder Jeff Bezos for inspiration before deciding to invest in Campus, the online community college startup that’s already raised […]
Why Shari Redstone is trying to sell Paramount — and why she needs the right deal
Shari Redstone, president of National Amusements, speaks at the WSJ Tech Live conference in Laguna Beach, California, on Oct. 21, 2019. Mike Blake | Reuters Paramount Global nonexecutive chair and controlling shareholder Shari Redstone has been talking to potential buyers interested in acquiring her media company — or parts of […]
If you want to age in place in retirement, experts say these are the things you should consider
Westend61 | Westend61 | Getty Images There’s no place like home — especially as you age. Most adults ages 50 and up — 77% — want to stay in their homes long term, according to AARP. Yet many are putting off the necessary improvements and upgrades to their homes to […]
Why U.S. renters are taking corporate landlords to court
A group of renters in the U.S. say their landlords are using software to deliver inflated rent hikes. “We’ve been told as tenants by employees of Equity that the software takes empathy of the equation. So they can charge whatever the software tells them to charge,” said Kevin Weller, a […]
Tech’s longtime highfliers are growing up by getting smaller
Visitors take photos in front of the Meta sign at its headquarters in Menlo Park, California, December 29, 2022. Tayfun Coskun | Anadolu Agency | Getty Images Technology companies are learning an old lesson from Wall Street: maturing means shrinking. Meta and Amazon saw their shares spike on Friday following […]
The unemployment rate of Black men rose in January, underscoring continued inequality in labor market
A networking and hiring event for professionals of color in Minneapolis, Minnesota. Michael Siluk | Getty Images Black men lost ground in the workforce last month, marking a continuation of the disparities that have permeated the U.S. labor market. Black males who were at least 20 years old saw an […]