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How to Move Past Financial Setbacks and Start a Business

October 22, 2021

Written By Tina Martin There’s no getting around the fact that suffering financial setbacks is difficult. It’s not fun, and the prospect of overcoming the obstacles set before you can seem daunting if not impossible. But if you have dreams… Continue Reading…

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Business

“Spanx—Founded With $5,000—Is Now Worth $1.2 Billion in Blackstone Deal”

October 21, 2021

“Sara Blakely founded Spanx Inc. in 2000 with $5,000 of her personal savings earned from selling fax machines door-to-door. She just struck a deal with Blackstone Inc. that values the company at $1.2 billion…” https://finance.yahoo.com/news/blackstone-buy-majority-stake-spanx-155152406.html This just goes to show… Continue Reading…

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Business, Stocks

“AutoNation shares hit new all-time high after reporting record quarterly earnings”

October 21, 2021

“…Shares of the Florida-based dealership group jumped by as much as 12% Thursday morning before retreating to about $124 a share, up by about 6%. AutoNation’s stock is up by nearly 70% so far this year. The company reported adjusted… Continue Reading…

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Business, Investing

“Where Do Millionaires Keep Their Money?”

October 19, 2021

“Where do millionaires keep their money? High net worth individuals put money into different classifications of financial and real assets, including stocks, mutual funds, retirement accounts and real estate. Most of the 20.27 million millionaires in the U.S. did not inherit their… Continue Reading…

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Business

“Elon Musk richer than Bill Gates and Warren Buffett combined as fortune soars to $230bn”

October 18, 2021

“Elon Musk is now so wealthy that he has more money than Bill Gates and Warren Buffett combined. With his fortune clocking in at $236 billion (£171 billion), Musk is now not just the world’s richest person—he is richer than the two billionaires… Continue Reading…

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Business

“Ford’s sales… down by 27.4% in the third quarter”

October 4, 2021

” Ford Motor’s U.S. vehicle sales showed signs of improvement during the third quarter, but still fell by 27.4% from last year as an ongoing shortage of semiconductor chips interrupted vehicle production. The drastic decline was narrower than auto forecasters expected, but… Continue Reading…

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Business, Economy, Stocks

Global airline industry is expected to lose 51 billion in 2021 and 12 billion in 2022

October 4, 2021

“The global airline industry is expected to lose close to $12 billion next year, cutting its losses from this year by 78% as carriers slowly recover from the Covid-19 pandemic, the International Air Transport Association said in a forecast Monday.… Continue Reading…

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Business, Economy

“Natural gas drops 7%, sharpest decline since January following big run-up on supply concerns”

September 30, 2021

“Natural gas futures dipped as much as 8% on Wednesday, pulling back from a more than seven-year high above $6 per million British thermal units hit during the prior session. The contract for November delivery fell to a low of… Continue Reading…

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Business, Stocks

“PSEG boosts dividend, sets $500 million stock buyback”

September 27, 2021

“PSEG said Monday it’ll increase its annual dividend by 12 cents a share to $2.16 per share beginning in the first quarter of 2022 and buy back $500 million in stock after it closes the $1.9 billion sale of its… Continue Reading…

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Business, Stocks

“Shell Investors Get Surprise $7 Billion Payout on Shale Deal”

September 21, 2021

“Royal Dutch Shell Plc shareholders will get an unexpected $7 billion payout after the company promised to give them three quarters of the proceeds from the sale of Permian shale oil fields to ConocoPhillips… The cash pledge comes less than… Continue Reading…

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