Boeing has replaced Dennis Muilenburg as its chief executive after he repeatedly failed to gain control of the crisis that followed the fatal crashes of two of its 737 Max jets.  David Calhoun, a board director for the past decade who replaced Mr Muilenburg as chairman two months ago, will become CEO from mid-January, taking on
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Todd Combs, portfolio manager and investment officer of Berkshire Hathaway Inc., arrives for the morning session of the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Friday, July 12, 2019. Patrick T. Fallon / Bloomberg / Getty Images Geico, the auto insurer owned by Berkshire Hathaway Inc, on Monday named
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Making spousal individual retirement account (IRA) contributions is an important way to build up a married couple’s retirement nest egg if only one spouse is employed. Individuals without income from jobs generally aren’t eligible to contribute to tax-advantaged retirement accounts, such as IRAs, because they don’t have “eligible” compensation on which to base such contributions.
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The Municipal Securities Rulemaking Board set a compliance date of Nov. 30, 2020 for an amendment requiring additional data from underwriters in the primary market. Starting then, underwriters will be required to provide more information about new offerings of bonds. The change is in association with Rule G-32 on disclosures in connection with primary offerings,
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The rising cost of college tuition has created a world in which many college students have to seek out loans for school. The problem is, sometimes federal loans aren’t enough. And private student loans are awarded in part on credit and income, two things most college students have had time yet to build. It’s a
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Japan hit a record tally of domestic merger and acquisition deals in 2019 after Hitachi agreed to the $4.5bn sale of one of its largest subsidiaries and the country’s conglomerates continue a historic restructuring.  Companies have made over 2,840 deals so far this year, according to research group Recof, topping the previous record of 2,814 transactions
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This post is part of CoinDesk’s 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Donna Redel is founder of Strategic 50, a consultancy dedicated women in business, and board member of New York Angels, an independent consortium of over 100 individual accredited angel
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College is the first time many young adults get to exercise their “adulting” skills, so it can be frustrating if they’re not able to be free of help from other adults when obtaining loans for college. For starters, the application for federal student loans requires you to enter your parents’ income unless you can be
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At a party rally this year, Indian prime minister Narendra Modi talked of creating a naya bharat, or “New India”. Many citizens are deeply worried about the direction this new India is taking. Protests have spread across the country in response to a citizenship law that discriminates against Muslims. The government’s response echoes the path
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Gary, Indiana’s city council has approved $20.6 million in short-term borrowing against its future tax collections to help manage cash flow. The borrowing, approved Tuesday, comes on top of a $40 million sales-leaseback bond transaction the city closed in November that brought the city’s coffers back into the black and repaid $28 million in short-term
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VANCOUVER, British Columbia, Dec. 18, 2019 (GLOBE NEWSWIRE) — LiteLink Technologies Inc. (“LiteLink”) (CSE:LLT)(OTC:LLNKF)(FRA:C0B), a key player in digital freight and logistics platforms as well as payment solutions, is pleased to announce that it has commenced trials with Easterday Farms Produce Company (“Easterday Farms”) of LiteLink’s 1SHIFT Logistics platform for rail freight transports. Easterday Farms
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What Is Estate Planning? Estate planning involves making plans for the transfer of your estate after death. Your estate is all the property that you own. It can include cash, clothes, jewelry, cars, houses, land, retirement, investment and savings accounts, etc. Estate planning usually has several objectives and goals, which include: Making sure most of
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This post is part of CoinDesk’s 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Richard Chen is a partner at 1confirmation, a seed-stage venture fund supporting crypto-native founders fueling the decentralization of the web and society. Bitcoin dominance. The rise of DeFi. Libra.
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Market Moves The U.S. stock market averages closed higher today, with large-cap stocks outpacing most other asset classes including small-cap stocks. This kind of move has become so common over the past few months that investors appear to be considering it the new normal. The Volatility Index (VIX) inched lower, although still maintaining its subtly
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Parliament returned this week and Boris Johnson delivered on his election pledge of voting on Brexit legislation before Christmas. We discuss what lies ahead for the government’s programme, the new Bank of England governor and the mini cabinet non-reshuffle. Plus, we examine the latest in the Labour leadership race to succeed Jeremy Corbyn and Nicola
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