ATLANTIC CITY, N.J. (AP) — The coronavirus outbreak sent profits plunging at Atlantic City's casinos by more than 80% last year, according to figures released Friday by New Jersey gambling regulators.
DETROIT (AP) — Tesla CEO Elon Musk is once again drawing scrutiny for questionable comments he made to Wall Street analysts, this time involving the status of his company’s vehicle production.
LONDON (AP) — Ryanair, Europe’s biggest discount airline, says earnings for the current fiscal year are likely to be “close to breakeven” as continued travel restrictions delay its recovery from the COVID-19 pandemic.
GENEVA (AP) — Swiss bank Credit Suisse on Tuesday announced the departure of two top executives and said it expects a one-time charge of 4.4 billion Swiss francs ($4.7 billion) in connection with a previously announced default of a U.S. hedge fund on margin calls.
NEW YORK (AP) — Just as President Joe Biden is pushing to raise taxes on companies to help pay for his infrastructure plan, a report from a Washington policy group is highlighting how many of them pay zero despite making big pretax profits.
STOCKHOLM (AP) — Low-cost fashion brand Hennes & Mauritz AB on Wednesday reported an expected loss in the first quarter. Meanwhile, the pandemic-hit Swedish company said it was committed to remaining in the Chinese market despite facing a boycott there because of its views of alleged use of forced labor to produce cotton in the country’s western region of Xinjiang.
DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-backed oil giant Aramco announced Sunday that its profits nearly halved in 2020 to $49 billion, a big drop that came as the coronavirus pandemic roiled global energy markets.
DES MOINES, Iowa (AP) — A panel of Iowa budget experts said Friday said that expect higher state revenue this year than forecast in December and they remained cautious about predicting a quick recovery.
DUBAI, United Arab Emirates (AP) — Dubai-based port operator DP World announced Thursday its profits slid 29% in 2020 from the previous year to $846 million, as the coronavirus pandemic froze supply chains and upended the world’s trade flows.
OLYMPIA, Wash. (AP) — Washington's economy continues to improve, with the latest state revenue forecast showing that lawmakers will have more than $3 billion more to work with as they prepare to unveil budget plans next week, plus money the state will receive from the latest federal stimulus package.
LINCOLN, Neb. (AP) — Nebraska state tax collections soared far above projections in February, but the numbers are likely to come down in the next few months, state officials said Monday.
If you’re new to saving for retirement, all the unfamiliar jargon can be off putting. Here’s a primer on 20 of the most common retirement terms, outlining what they mean and why they’re important. Start here to build your retirement planning confidence. 1. 401(k) A 401(k) is the most popular employer-sponsored retirement savings plan. With […]
President Biden is going full speed ahead with his plan to raise the federal minimum wage to $15 an hour. The Democrats’ latest approach to convert Biden’s campaign promise to more than double the existing minimum wage from $7.25, where it’s been since 2009, is to include the increase in the $1.9 trillion COVID-19 relief package.
While unadjusted wages are generally higher in more expensive locations, cost-of-living adjusted wages show no significant correlation with living costs.
WASHINGTON, D.C. — Approximately 70 million Americans will be receiving more benefits in 2021. The Social Security Administration announced Tuesday morning that the Social Security and Supplemental Security Income benefits will increase 1.3% in 2021.
MapleStory, which debuted in South Korea in 2003 before reaching North America in 2005, is still a free-to-play, money-grabbing success story. The massively multiplayer online role-playing game (MMORPG) has taken root primarily in the Asian diaspora. Like its contemporary, World of Warcraft, MapleStory has been a matchmaker for real-life friendships and even marriages.
Disney estimated a huge slash in profits on Tuesday of $1.4 billion, largely thanks to stay-at-home measures which have shuttered its theme pa…
The tax filing deadline has been moved.
Prince Harry and Meghan Markle;s financial independence means they could easily become the world’s highest-earning celebrity couple.