LONDON – Leaked papers revealing investments in tax havens by the world’s wealthy suggest U2 frontman Bono used a company based in low-tax Malta to buy part of a shopping mall in Lithuania. Continue Reading Below The Guardian newspaper says the “Paradise Papers” document trove reveals that the singer was […]
FOX News
Michael Kors second-quarter profit rises 26%
Nov 6 (Reuters) – Michael Kors Holdings Ltd’s quarterly profit rose 26 percent on Monday, helped by lower taxes and higher revenue from new store openings. Continue Reading Below Net income attributable to the company rose to $202.9 million, or $1.32 per share, in the second quarter ended Sept. 30, […]
Broadcom offers to buy Qualcomm in $130 billion deal
NEW YORK – Broadcom made an unsolicited, $103 billion offer for rival chipmaker Qualcomm, the tech industry’s largest attempted takeover that is destined to come under intense regulatory scrutiny. Continue Reading Below The company said Monday that it would not have pushed forward with the proposed buyout if it was […]
Latest Results Up the Anxiety for Mattel Investors
Mattel (NASDAQ: MAT) shareholders are reeling after the company not only reported another weak quarter but cut the remainder of its dividend. Continue Reading Below On this episode of Industry Focus: Consumer Goods, the team considers the string of challenges that have dogged Mattel up to this point as well as […]
4 Timeless Investment Principles From The Motley Fool Investment Guide
For years, the only book I recommended to friends or family members who said they were interested in learning more about investing was Peter Lynch’s quintessential classic, One Up on Wall Street. Even though I had found no other book that could better explain investing with common sense and easy-to-understand […]
How Social Security’s 2018 COLA Is Calculated
As of September, nearly 62 million people were receiving a monthly check from Social Security, including 42.2 million who are retired workers. More than 60% of these retirees rely on their monthly stipend from the Social Security Administration (SSA) for at least half of their income. You could rightly say that […]
Global stocks dip after weak US jobs, as Trump trip in focus
SEOUL, South Korea – Global markets generally slipped Monday as weaker-than-expected U.S. jobs figures dented sentiment. Investors were also keeping an eye on U.S. President Donald Trump’s visit to Asia, where he is expected to discuss North Korean nuclear issues. Continue Reading Below KEEPING SCORE: European markets opened weaker. Britain’s […]
Trucks tangle traffic in Paris to protest holiday fair spat
PARIS – Carnival workers are creating traffic chaos in Paris to protest the city’s ban on a popular Christmas fair on the iconic Champs-Elysees Avenue. Continue Reading Below The French road authority reported increased traffic on several highways into Paris during Monday morning rush hour. French broadcasters showed trucks running […]
Qatar Airways pays $662M for 10 percent of Cathay Pacific
HONG KONG – Qatar Airways is buying nearly 10 percent of Hong Kong carrier Cathay Pacific Airways for about $662 million, the companies said Monday, in a deal making it Cathay’s third-biggest shareholder. Continue Reading Below The Middle Eastern carrier said it bought almost 3.8 million Cathay shares, which represents […]
House GOP weighs repeal of health mandate in tax bill
WASHINGTON – House Republicans are weighing a repeal of a key tenet of the Obama-era health care law as the tax-writing committee begins work on crafting the bill. Continue Reading Below Speaker Paul Ryan said Sunday the GOP is discussing scrapping the health law’s requirement that people have insurance coverage […]