401(k) plans for retirement and 529 plans for college savings share some broad characteristics: Put money in today, get a tax deduction, and allow funds to grow tax-deferred for a specified purpose in the future. Still, those who benefit most from 529 plans are those who have ta
DraftKings (NASDAQ: DKNG) is getting a much-needed capital infusion. On Wednesday, the online sports betting specialist revealed the pricing of its latest stock offering as it raises money to support the young business.
What happened
Shares of the clinical-stage biotech Sorrento Therapeutics (NASDAQ: SRNE) gained a whopping 46.1% during the month of September, according to data provided by S&P Global Market Intelligence. For comparison, the iShares Nasdaq Biotechnology ETF gained only 1.8%
The coronavirus pandemic has been great for pot stocks -- well, for most of them. Stay-at-home orders and business shutdowns have highlighted marijuana's evolution into a staple consumer good. It's been able to draw consistent and highly regular demand throughout the pandemic. T
(RTTNews) - Applied Industrial Technologies (AIT) has acquired Advanced Control Solutions, a provider of automation products, services, and engineered solutions focused on machine vision equipment and software, mobile and collaborative robotic solutions, intelligent sensors, log
U.S. chipmaker Broadcom will scrap its exclusivity deals with TV and modem makers in a deal with EU antitrust regulators aimed at ending a year-long investigation without a finding of wrongdoing, the European Commission said on Wednesday.
Alphabet Inc's Google is facing a new antitrust case in India in which the U.S. tech giant is alleged to have abused its Android operating system's position in the smart television market, a source and two lawyers involved in the case told Reuters.
Robinhood investors really like coronavirus stocks right now. Nine of the 100 most popular stocks on the trading platform are for drugmakers developing experimental COVID-19 therapies or vaccines.
(RTTNews) - Eskimo Pie ice cream bar has changed its name after more than three months since its parent Dreyer's Grand Ice Cream acknowledged that the name is derogatory. The popular ice cream will now be known as Edy's Pie as a tribute to one of the company's founders, Joseph E
Germany's coalition parties have agreed a package of reforms to financial and accounting rules aimed at avoiding another Wirecard scandal, a document seen by Reuters shows.
You probably won't have to think for very long to come up with at least a few reasons to avoid Aurora Cannabis (NYSE: ACB) stock. Just look at the company's latest quarterly release. There was another huge loss, a major write-off of goodwill, and -- scariest of all -- a revenue
EU antitrust enforcers accepted on Wednesday Broadcom's offer to drop exclusivity deals with TV and modem makers and ended their year-long investigation without a finding of wrongdoing by the U.S. chipmaker.
Throughout history, few investors have been more successful than Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett. Since 1965, Berkshire Hathaway's stock has averaged an annual gain of 20.3% for shareholders. That's more than double the 10% total return, inclusiv
There's a reason that age 65 has long been associated with retirement: It's the age at which Medicare eligibility first kicks in, and for decades, it was everyone's full retirement age for the purposes of claiming Social Security. And if you've been working full-time since your
HONG KONG/LONDON (Reuters Breakingviews) - Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
LONDON (Reuters Breakingviews) - Hot meals aid digestion. Will Shu should take note. The Deliveroo boss is looking to list the UK-based food delivery company in the public market next year, and can credibly expect to hike the $2 billion valuation attained in 2017 to more
(RTTNews) - Asian stocks ended mostly higher on Wednesday despite U.S. President Donald Trump ending negotiations with Democrats over additional Covid-19 stimulus.
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