For the last two years, Scott Gottlieb missed a lot of time with his wife and three daughters — back-to-school nights, school plays and parent-teacher conferences. He loved his job running the Food and Drug Administration, but hated leaving his wife Allyson, nine-year-old twins and five-year-old in Connecticut every Sunday to head to Washington, DC.
Activist investor Starboard Value has ended its fight against Bristol-Myers Squibb’s buyout of biotechnology company Celgene after two prominent proxy advisors announced their support for the deal earlier on Friday. The withdrawal comes hours after both Institutional Shareholder Services and Glass Lewis recommended Bristol-Myers shareholders vote in favor of its bid. “Despite the substantial swell
When it comes to money, as with many things, men and women approach the topic differently. Though traditional gender roles are changing, many opposite-sex couples still adhere to them, with men generally taking the lead on finances and women taking a less active role. That’s according to a recent study from UBS Global Wealth Management,
Take steps to stop elder abuse, inheritance extortion, and similar fraud. Getty People are aging and the incidence of elder financial abuse, and the permutations it can take are growing as well. There is lots of talk of these issues but what you need to do, for yourself if applicable or for loved ones that
Getty It’s my annual Taxes from A to Z series! This time, it’s Tax Cuts and Jobs Act (TCJA) style. If you’re wondering whether you can claim home office expenses or whether to deduct a capital loss under the new law, you won’t want to miss a single letter. Q is for Qualified Business Income.
Denver, Colorado topped the list for high-earning renters. Getty The high-earning renter segment is growing rapidly according to a recent report from Apartmentlist.com. The higher-earning renter household ($100,000 annual earnings) is the “fastest growing segment of the U.S. housing market,” according to the report. Between 2008-2017, there were close to 2 million high-earning households to
A New York county’s ban on unvaccinated minors in public is working, an official told CNBC on Friday. Rockland County Executive Ed Day said more than 500 immunizations have been administered since he announced the ban on Tuesday. “We’ve gotten their attention,” he said in an interview with “The Exchange.” And that was the point.
Check out the companies making headlines midday Friday: Celgene — Shares of Celgene rose 6.58 percent after proxy advisors Institutional Shareholder Services and Glass Lewis recommended that Bristol-Myers Squibb shareholders vote in favor of its bid to buy Celgene. The recommendations come weeks before shareholders vote on the $74 billion buyout of the biotechnology company.
College is expensive, but there is one place in higher education where there’s no shortage of money — endowments. There’s more than $616 billion worth of endowments assets in the U.S. Most of that endowment wealth lies with a few affluent schools, such as Harvard with its $39.2 billion. Lawmakers are starting to question why
Organizing your records is a practical step in the right direction. Getty Having money doesn’t always make you rich. How often have you noticed that the people with the most money tend to be the ones who hate spending it most? This wouldn’t surprise Sandeep Ghosh, a British born wealth management consultant based in Dubai
Portrait of Princess Lee Radziwill, sister of Jackie Kennedy. Getty The recent passing of Lee Radziwill was the end of an era. From her iconic fashion sense to her family pedigree, Radziwill lived a unique American life. Through all the ups and downs, she always reflected poise and style. As her will is probated in
By Claire Zulkey, Next Avenue Contributor Young families and first-time home buyers opt to move to the suburbs for similar reasons: peace, quiet and more space. However, choosing a suburb when you’re downsizing or empty nesting is wholly different, with its own set of priorities. In your 50s or 60s, accessibility to a premier school district
The public markets have been “hot” this year, but Casper CEO Philip Krim isn’t saying if his company is going to jump aboard. “I am excited that the IPO market is doing well,” he said in an interview with CNBC’s “Closing Bell” on Friday. Krim said “no comment” when asked about a Reuters report that
This quarter is one for the Wall Street history books — stocks are on track to post their best quarter since 2009 and best start to a year in more than two decades. However, investors shrugged it off. While the S&P is up nearly 13 percent so far this year, on pace for its best
Betting on Wells Fargo might not be a safe bet, according to one strategist. The stock caught Wall Street’s attention Thursday following the company’s announcement that CEO Tim Sloan was retiring effective immediately. Shares initially surged on the news in after-hours trading before reversing and shedding over 1.5 percent in Friday’s session. But even these
Share to facebook Share to twitter Share to linkedin Photocredit: © 2019 Bloomberg Finance LP © 2019 Bloomberg Finance LP The end-of-month period of strength kicks in from March 31 through April 5. Since 1915, the market has risen 64.4% of the time in this interval. Given the S&P 500 rise in the last week,
Getty It’s my annual Taxes from A to Z series! This time, it’s Tax Cuts and Jobs Act (TCJA) style. If you’re wondering whether you can claim home office expenses or whether to deduct a capital loss under the new law, you won’t want to miss a single letter. P is for Pass-Through Deduction. Perhaps
Listed for $5.2 million, Nantucket Lightship was converted into a luxury yacht residence with a bright red hull and custom wood interiors. Courtesy of William and Kristen Golden Who wouldn’t want to live on Nantucket? It’s uniquely blessed with galvanizing ocean waves, phenomenal whale watching and mesmerizing sunsets. Nantucket Lightship has served the USA well
Tucked away in President Donald Trump’s 2017 tax cut was a little discussed provision that allows investors to potentially save big on capital gains. By investing in underserved rural and urban communities called “opportunity zones,” investors can defer or even avoid capital gains taxes on asset sales. These risk zones represent a potential windfall for