Loved ones with disabilities can benefit from ABLE accounts, a tax-smart financial planning tool similar to 529 college savings plans. Getty Images/iStock The Achieving a Better Life Experience Act of 2014 (ABLE Act) allows states to set up ABLE account programs. In turn, you can establish a tax-favored ABLE account to cover qualified disability expenses […]
Chinese financial technology giant Ant Group Co. said investors in mainland China have committed to purchasing more than a third of the shares it plans to sell in a pair of blockbuster initial public offerings, as the company prepares to raise tens of billions of dollars for its long-awaited market debuts.
McAfee is set to go public Thursday. AFP/Getty Images McAfee Corp. announced Wednesday night its initial public offering will be priced at $20 a share, to raise around $740 million. That’s on the lower end of its projected price range of $19 to $22 a share. The security software company will offer 37 million shares […]
Tesla was buoyed by $397 million in regulatory credits in the third quarter. Getty Images Tesla Inc. Chief Executive Elon Musk called the electric-car maker’s third quarter its best ever, but it still isn’t selling its cars for a profit, while dropping its prices. Tesla reported its fifth consecutive quarter of profits, but it was […]
Airbnb confidentially filed for an IPO earlier this year. AFP/Getty Images Airbnb is teaming up with legendary former Apple Inc. design chief Jony Ive to develop new products and services. In a blog post Wednesday, Airbnb co-founder and Chief Executive Brian Chesky said he’s long admired Ive, who helped design the iMac, iPod iPhone and […]
In a rousing speech before the Citizens Bank Park in Philadelphia, former President Barack Obama lambasted the Trump administration and urged the Democratic faithful to turn out in droves to elect Joe Biden. “We can’t be complacent,” Obama said Wednesday at what the Biden campaign advertised as a “drive-in town hall.” “I don’t care about […]
Sharks are lingering off the California coast in record numbers, with a university shark lab tagging three times as many as in 2019. “This year there were just more sharks around,” said Chris Lowe, director of the California State University, Long Beach, Shark Lab, KCAL reported. “And the question is why.” The lab has tagged […]
Another day, another on-board confrontation. This one involved a flight attendant and a passenger. The two were apparently fighting over the airline’s on-flight policies. “Chasing Atlanta” star Lauryn England was on a Delta flight from Miami to Atlanta on Monday night when all hell broke loose in the aisle right before takeoff. View this post […]
Shannon O’Brien’s daughter turns 15 years old on Wednesday, an early milestone for any teenage girl. But this birthday will be unlike any other the young girl has experienced before. For O’Brien, 48, this year has been clouded by uncertainty since he lost his job as a bartender in March due to the coronavirus pandemic. […]
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