Nio’s et5 electric sedan is set to begin deliveries in Sept. 2022. Nio BEIJING — Chinese electric car company Nio revealed Saturday a new sedan and custom augmented reality (AR) glasses that reduce the need for in-car screens. Augmented reality is a technology for imposing digital images over the real, physical world. For cars, the
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Today’s map shows how European OECD countries rank on property taxes, continuing our series on the component rankings of our 2021 International Tax Competitiveness Index (ITCI). Although an important element when measuring the neutrality and competitiveness of a country’s tax code, property taxes account on average for less than 5 percent of total tax revenue
Loading chart… Duluth Holdings: “This is a good company, and apparel came back. Duluth, I love to use their stuff, but I’ve got to tell you … there’s so many other stocks in the apparel business like a [Lululemon] that is very good. I happen to like, my favorite, American Eagle Outfitters, which is acting
Marc Ostrofsky (L) and Theranos Founder and C.E.O. Elizabeth Holmes attend the Vanity Fair New Establishment Summit cocktail party at The Ferry Building on October 6, 2015 in San Francisco, California. Michael Kovac | Getty Images Eighteen years after he invested and lost $150,000 in Theranos, Marc Ostrofsky says he found a way to cash
JaruekChairak | iStock | Getty Images Amid all the worrisome news about the omicron variant, there one’s good development: Soon most Americans should be able to pick up at-home Covid tests for free. The Biden administration said earlier this month that those with private health insurance can request reimbursement from their plans for these takeaway
In this article JNJ FDX ORCL RIVN MRNA JPM An entry sign to the Johnson & Johnson campus shows their logo in Irvine, California on August 28, 2019. Mark Ralston | AFP | Getty Images Check out the companies making headlines in midday trading. Johnson & Johnson — Shares of Johnson & Johnson fell 2.2%
A sign marks the entrance to the headquarters campus of Sears Holding in Hoffman Estates, Illinois. Getty Images The beleaguered department store chain Sears is considering a sale or a redevelopment of its massive corporate headquarters in suburban Chicago, as its retail footprint keeps dwindling. Transformco, the parent company of Sears and Kmart, said the
U.S. President Joe Biden speaks in the Eisenhower Executive Office Building in Washington, D.C., U.S., on Wednesday, Nov. 3, 2021. Al Drago | Bloomberg | Getty Images A federal appeals court has reinstated the Biden administration’s vaccine and testing requirement for private businesses that covers about 80 million American workers. The ruling by the 6th
Shantanu Narayen Mark Neuling | CNBC Adobe shares plummeted more than 10% on Thursday after the software maker issued a revenue forecast for the fiscal first quarter that fell well shy of analysts’ estimates. The stock is on pace for its second-worst drop in the past decade, surpassed only by a 15% slide in mid-March
Theranos founder Elizabeth Holmes arrives to attend her fraud trial at federal court in San Jose, California, December 17, 2021. Peter DaSilva | Reuters SAN JOSE, Calif. — The 12 jurors who will decide the fate of Theranos founder Elizabeth Holmes are left to consider the testimony from 31 witnesses over three months as they
Westend61 | Westend61 | Getty Images One of the most coveted holiday gifts of the year might be unexpected. Some 65% of Americans want financial investments such as stocks and cryptocurrency as gifts this year, according to a recent survey of more than 2,000 adults from MagnifyMoney. In addition, about one-quarter of those surveyed said
Pedestrians stand in line at a Covid-19 mobile testing site at Columbus Circle in New York, on Dec. 5, 2021. Jeenah Moon/Bloomberg via Getty Images Covid cases are spiking in some parts of the U.S., and the highly contagious omicron variant is expected to fuel another virus wave headed into winter. In New York, some
Getty Images While household debt reached a record $17 trillion in the second quarter of 2021, many American households have felt less financial stress this year thanks to Covid-19-related government policies. That’s according to the federal Financial Stability Oversight Council, which released its annual report for 2021 on Friday. The council was created by legislation
Dr. Anthony Fauci takes part in a meeting with U.S. President Joe Biden and Vice President Kamala Harris and other members of the White House COVID-19 Response Team on developments related to the Omicron COVID-19 variant from the State Dining Room at the White House in Washington, U.S., December 9, 2021. Leah Millis | Reuters
In this article DRI Diners wearing protective masks wait outside an Olive Garden restaurant in Thornton, Colorado, on Friday, March 19, 2021. Chet Strange | Bloomberg | Getty Images Darden Restaurants on Friday reported quarterly earnings and revenue that topped analysts’ expectations, leading the company to raise its sales and earnings forecast for the rest of fiscal 2022.
Billionaire investor Ray Dalio is impressed with bitcoin, the largest cryptocurrency by market value, and its blockchain. “It has been an amazing accomplishment for bitcoin to have achieved what it has done, from writing that program, not being hacked, having it work and having it adopted the way it has been,” Dalio, founder of the
In this article GSBD damircudic | E+ | Getty Images Working Americans rank credit card debt as one of the top challenges to their ability to save for retirement. That’s the finding in a new surveyconducted over the summer by Goldman Sachs that included more than 1,200 people. Melinda Opperman, president and chief relationship officer
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In this article JPM Scott Mlyn | CNBC JPMorgan Chase is paying a $125 million fine to settle Securities and Exchange Commission charges that its Wall Street division allowed employees to use WhatsApp and other platforms to circumvent federal record-keeping laws. The SEC said Friday in a statement that JPMorgan Securities admitted to “widespread” record-keeping
Earlier today we published our annual State Business Tax Climate Index, which measures tax structure. It’s an extremely valuable diagnostic tool, enabling readers to compare states’ tax structures across more than 120 variables. Unlike most studies of state taxes, it is focused on the how more than the how much, in recognition of the fact that