The U.S. Department of Justice building in Washington. AFP via Getty Images Robert Smith, the billionaire chief executive of Vista Equity Partners, has reached a $140 million settlement with the Justice Department, ending a yearslong criminal tax probe, according to people familiar with the matter. As part of the settlement, Smith will enter into a […]
Twitter headquarters in San Francisco. Getty Images Hours after blocking a New York Post article from being shared in tweets and direct messages, raising an outcry from many, Twitter Inc. late Wednesday explained the reasoning, saying the main issue was images within the article — not the article itself. Facebook Inc. also blocked the Post […]
Federal judges in the last week have upheld moves by Republicans in Texas and Ohio to limit drop boxes in their states, reversing lower court rulings that would have given voters more options for returning a mail ballot in person before Election Day. The rulings are part of a pattern across the country this year […]
The Republican Party currently holds 53 U.S. Senate seats. To regain control of the Senate, Democrats need to net either three or four seats this November: three if their presidential nominee, Joe Biden, wins the White House; four if President Trump returns for a second term. (The sitting vice president breaks a 50-50 tie.) Can […]
“Granny shot” stocks. Getty Images Our call of the day offers up stock ideas from a portfolio that has returned 34.1% year to date, versus 9.4% for the S&P 500. The so-called “Granny Shots” portfolio from Fundstrat Global Advisors gets its name from National Basketball Association legend Rick Barry, who shot free throws underhanded, “granny […]
Chinese President Xi Jinping arrives for a reception in Beijing on Sept. 30. AFP/Getty Images Asian markets were little changed in early trading Wednesday as traders digested a speech by Chinese President Xi Jinping. Japan’s Nikkei 225 JP:NIK rose 0.1%, while Hong Kong’s Hang Seng index HK:HSI retreated 0.2%. The Shanghai Composite CN:SHCOMP fell 0.5% […]
Earnings for college graduates can vary widely by major and school. (Photo by Robyn Beck / AFP)ROBYN BECK/AFP/Getty Images robyn beck/Agence France-Presse/Getty Images The shift to remote learning or, in some cases, a scaled back in-person experience at colleges and universities amid the coronavirus pandemic, has put a renewed focus on a question students and […]
The mayor of Anchorage, Alaska, announced his plans to resign Tuesday after apologizing for an “inappropriate messaging relationship” with a local TV news reporter who had posted what she said was a partially nude photo of him on Facebook. In a statement, Mayor Ethan Berkowitz attributed the resignation to “unacceptable personal conduct” that “compromised” his […]
U.S. Attorney General William Barr. Getty Images An investigation ordered by U.S. Attorney General William Barr into potentially improper “unmasking” by the Obama administration around the 2016 election has closed without finding evidence of any serious wrongdoing, the Washington Post reported Tuesday night. President Donald Trump and other Republicans have, for months, claimed that the […]
House Speaker Nancy Pelosi, D-Calif., accused CNN anchor Wolf Blitzer of being “an apologist” for Republicans as the two parties seek the upper hand in negotiations over a new round of economic stimulus to aid Americans suffering hardships due to the coronavirus pandemic. “I don’t know why you’re always an apologist, and many of your […]