Check out the companies making headlines in midday trading. Chevron — Chevron shares fell 3% after the energy giant agreed to buy Hess in a $53 billion all-stock deal , or $171 per share. The acquisition allows Chevron to develop drilling in Guyana, and it comes approximately two weeks...
Prior to taking the top job at Hightower Advisors in 2019, Bob Oros was a financial industry veteran, having climbed the executive ranks at Schwab, LPL Financial and Fidelity. But that wasn’t the only buzz he was making at the time. He was also a partner in a regional craft...
It's been nearly two years since Netflix first announced its foray into gaming. Yet, as Netflix has more than tripled its game library from 24 to 77 games in the last year, subscribers have largely shrugged their shoulders.This is all a part of the plan, though, according to Netflix."This...
United Auto Workers President Shawn Fain greets workers at the Stellantis Sterling Heights Assembly Plant, to mark the beginning of contract negotiations in Sterling Heights, Michigan, U.S. July 12, 2023.Rebecca Cook | ReutersDETROIT – The United Auto Workers union is expanding its strike to a Stellantis plant in Michigan...
“The short-term technical outlook is neutral, as potential resistance overhead and support below are almost equidistant …the risk of delta-hedge selling begins if...
Shapecharge | E+ | Getty ImagesThe federal estate-tax exemption helps wealthy families avoid or reduce inheritance tax, but the clock is ticking on the size of this advantage.In 26 months, some families that pay no inheritance tax today face the potential for sizeable federal taxes unless benefactors act. Though...
As the last quarter of 2023 begins, clients will likely be asking advisors whether they’re subject to required minimum distributions. That used to be an easy question to answer both for individual retirement account owners and beneficiaries. However, as a result of the confluence of changes made by the...