An employee works on the tail of a Boeing Co. Dreamliner 787 plane on the production line at the company’s final assembly facility in North Charleston, South Carolina. Travis Dove | Bloomberg | Getty Images Boeing on Wednesday said flaws in its 787 Dreamliners would cost it $1 billion in added costs and that it
In this article HOOD TWTR ENPH Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder & CEO of Square speaks on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. Joe Raedle | Getty Images Check out the companies
boonchai wedmakawand | Moment | Getty Images Crypto enthusiasts had reason to cheer last week as digital currencies notched another milestone: the first U.S. bitcoin futures exchange-traded fund. Investors rushed in. The ProShares Bitcoin Strategy ETF (BITO) had the second-biggest trading debut for any ETF on record when it launched Oct. 19. Its share price
The year’s worst ideas; cyber-currency phrase book; the shutdown and taxes; and other highlights from our favorite tax bloggers. The winners are… Tax Vox (http://www.taxpolicycenter.org/taxvox): The top Lump of Coal Awards for the Worst Tax Idea of 2018, including New Hampshire’s fighting collecting sales taxes; Seattle’s “head tax” on large employers and Sen. Bernie Sanders’s
Reza Estakhrian | The Image Bank | Getty Images Opportunity zone fund investments are back. Granted, they never went away, but after generating a great deal of attention a few years ago, much of the excitement surrounding them died down. However, investors are starting to pay attention again, with lawmakers in Washington, D.C., mulling proposals
A look at how Snapchat’s share price dropped 25% following last week revealed the company’s poor earnings.
The future of Formula One lies in synthetic fuels, according to Nico Rosberg, with the former world champion telling CNBC that they could potentially act as a bridge to electric mobility. In an interview with CNBC’s Tania Bryer during the Sustainable Future Forum last week, Rosberg also threw his weight behind e-mobility, describing it as
In this article GM The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, March 16, 2021. Rebecca Cook | Reuters DETROIT – General Motors announces third-quarter earnings before the markets open Wednesday. Here’s what Wall Street expects, based on average analysts’ estimates compiled by Refinitiv. Adjusted EPS: 96
Aerial view of vehicles being driven on the road through the central business district on October 5, 2020 in Beijing, China. Zhang Qiao | Visual China Group | Getty Images BEIJING — Global investors put more money into Chinese start-ups in the third quarter, despite Beijing’s regulatory crackdown that’s paused a rush of Chinese IPOs
Bill Gates wants more college students to read his latest book, so he’s letting them do it for free. For the rest of this week, college or university students can download a free digital copy of Gates’ best-selling book, “How to Avoid a Climate Disaster: The Solutions We Have and the Breakthroughs We Need,” the
In this article DOGE.CM= Jay Clayton speaking at the 2019 Delivering Alpha conference in New York. Adam Jeffery | CNBC Social media frenzies have encouraged retail investors to jump into meme stocks and certain cryptocurrencies, pushing up prices beyond fundamental values. The influence is likely to stay, according to former Securities and Exchange chairman Jay
Congressional Democrats are reported to be weighing a special tax on the assets of billionaires to raise revenues to pay for their Build Back Better spending plan. There are two fundamental challenges to such a plan. First, the incomes and wealth of such individuals are anything but stable; they rise and fall with the economy