Partners

Retirement planning is a guessing game. Guess wrong, you lose a lot

One of the most frustrating things about retirement planning is making assumptions about a future you can’t control.

Worried about a recession? Here’s how to prepare your retirement nest egg

While investors should protect their money in case of a recession, it’s crucial to avoid big mistakes, like trying to time markets or selling in fear.

WeWork reportedly plans to lay off at least 4,000 people

The company is recovering from major losses after a failed IPO in September and reported a loss of $1.25 billion in the third quarter.

T-Mobile CEO John Legere stepping down; COO Mike Sievert to replace him

T-Mobile CEO John Legere will leave his post at the end of April when he will be replaced by President and COO Mike Sievert. He will remain on the board.

The bond trade that's gone from zero to $88 billion in two years

Peter Chalif traces his early days at Citigroup Inc. to a time when trading a large basket of bonds involved hours of work with pen and paper. Now he’s running a team that can accomplish the same feat in seconds.

Billionaires Steve Ballmer and James Dolan in fight over $1 billion arena

Steve Ballmer is battling with James Dolan over a $1 billion arena the former Microsoft chief wants to build for his Los Angeles Clippers -- right down the street from Dolan’s concert hall.

How FedEx Cut Its Tax Bill to $0

In the 2017 fiscal year, FedEx owed more than $1.5 billion in taxes. The next year, it owed nothing. What changed was the Trump administration’s tax cut — for which the company had lobbied hard. 

10 reasons it's better to rent rather than buy a home

Forget building equity. Here are 10 reasons you want to rent instead.

Emirates orders 50 Airbus A350 jets worth a total $16 billion

Emirates has ordered 50 Airbus A350 jets, the Dubai state-owned airline announced at the Dubai Air Show on Monday.

HP board unanimously rejects Xerox's takeover bid

HP's board said it remains open to future transactions, but would first need to explore "achievable synergies" between the companies.

Coty to buy majority stake in Kylie Jenner's businesses

Cosmetics maker Coty Inc said on Monday it would acquire a majority stake in reality TV star Kylie Jenner's make-up and skincare businesses for $600 million.

Deutsche Bank says robots are replacing workers, ramps up a plan to axe 18,000 jobs

The use of AI “massively increased productivity” while robots performed "680,000 hours of manual work," a Deutsche Bank executive told Financial News.

The UAE, a major US weapons buyer, is building its own defense capabilities

The United Arab Emirates — one of the top foreign buyers of American-made weapons — is investing in a massive effort to give itself an independent defense capability.

China, US trade talks continue with some signs of progress

Top negotiators from China and the U.S. talked again this weekend, after signs of concessions from both sides on some of the outstanding issues.

U.S. stock market at record but farm bankruptcies at highest since 2011

While U.S. stock market is soaring to new records, with the Dow Jones Industrial Average hitting 28,000 on Friday, farmers are having trouble paying their bills in the heart of America’s agricultural sector.

Berkshire is buying Restoration Hardware: Should you?

Warren Buffett's Berkshire Hathaway took a position in Restoration Hardware stock. Should you follow his move?