Category: United States

Discovery Inc. Chief Executive David Zaslav received total compensation valued at $ 246.6 million in 2021, including nearly $ 203 million in options grants, more than sextupling his compensation from the year before, the company said in a securities filing Monday. Zaslav’s compensation package is the highest CEO pay reported by any S&P 500 company so far […]

A woman ran onto the set of an evening news program on Russian state television’s flagship Channel One on Monday holding a poster reading: “No war. Stop the war. Don’t believe propaganda. They lie to you here. Russians against war.” She yelled: “Stop the war, no to war” before the camera cut away. Russian state-run […]

This article is reprinted by permission from NextAvenue.org. Approximately 20% of the American population is retired, which amounts to close to 66 million people. Despite the large retiree market, however, there has been relatively limited venture capital investment in new tools and services to help with “decumulation.” Decumulation is the phase of life when retirees must […]

Talk about a case of bad gridiron timing. A football thrown by Tampa Bay Buccaneers quarterback Tom Brady was auctioned off by Lelands for $ 518,628, including a buyer’s premium, over the weekend. Key to what made the ball so special: It was used in the final touchdown pass that Brady threw during a playoff […]

Affirm Holdings Inc. boosted its outlook Monday as the buy-now, pay-later company said that it’s seen better-than-expected performance thus far in the March quarter. The company now expects revenue of at least $ 335 million for its fiscal third quarter, compared with the prior guidance for $ 325 million to $ 335 million that Affirm […]

Pros All-electric drivetrain Versatile interior Distinct styling Use of sustainable materials Cons Initial version doesn’t have much power All-wheel drive not yet available What’s new? The ID. Buzz Microbus is an all-new, all-electric minivan Price: We expect 2024 Volkswagen ID. Buzz pricing to start at around $ 45,000 when it goes on sale in North America […]

After two tough, COVID-filled years, Carol McCoy was looking forward to a relaxing getaway. McCoy works as a registered nurse in Pompano Beach, Fla., and wanted to recharge. So last fall, she planned a trip to Cassadaga, Fla., also known as the “Psychic Capital of the World,” for this spring. She was excited to go […]

Apple Inc. AAPL, -2.39% component supplier Foxconn Technology Co. will temporarily shut down its operations in Shenzhen, China, amid a surge in COVID-19 cases. In a statement Sunday night, Taiwan-based Foxconn 2354, -0.80%, also known as Hon Hai Precision Industry Co., said it was suspending production at two campuses in Shenzhen, and reallocating production to […]

The head of the International Monetary Fund said Sunday that she expects a “deep recession” in Russia due to “unprecedented” sanctions by the West after its invasion of Ukraine, and that a Russian sovereign default remains a possibility. In an interview with CBS News’ “Face the Nation,” IMF Managing Director Kristalina Georgieva said the Western […]

Russian prosecutors have issued warnings to Western companies in Russia, threatening to arrest corporate leaders there who criticize the government or to seize assets of companies that withdraw from the country, according to people familiar with the matter. Prosecutors delivered the warnings in the past week to companies including McDonald’s Corp.  MCD, +2.19%,  International Business Machines Corp.  IBM, […]

Staring at a mound of unprocessed mail and tax returns running in the millions, the Internal Revenue Service said Thursday it’s got “aggressive” plans to clear the backlog before 2022 is through. Now it’s got to hire all the people to do it. The agency is planning to hire more than 5,000 people this year […]

Many people are rethinking European getaways this spring in light of Russia’s invasion of Ukraine, according to a new report. Travel-booking app Hopper examined flight-search demand and airfares globally to measure the effects of the Russia-Ukraine crisis and the corresponding surge in oil prices. Before Russia invaded Ukraine, demand for trips to Europe had rebounded […]

Leaving a full-time career isn’t as easy as it sounds. Once you retire, especially if it’s from a high–powered career, the phone literally stops ringing (or the emails and texts stop pinging, as one retired CEO described it). People don’t always realize how much of who they are is tied up with their work. Even if you […]

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As the war in Ukraine rages, wealthy Russians are quietly looking to unload hundreds of millions of dollars worth of US property — and the sales are raising eyebrows across hotspots in New York, Florida and California, real-estate brokers told the New York Post. As reported by The Post, billionaire Alexei Kuzmichev — an owner […]

Dear MarketWatch,  I had always said I was going to retire when I was 50. I had worked and saved since I was 16. Retiring without Medicare and Social Security is a scary thing. I wound up retiring then going back to work. At 53, I took a part-time job with a decent salary for […]

Dear MarketWatch, I’m an inveterate rails-to-trails cyclist who most enjoys biking along rivers. I’d like to retire to a small town with easy access to hiking and biking trails, kayaking and other joys of the natural world.  Can you suggest some walkable small towns (3,000-10,000 population) that are county seats and/or college towns, politically liberal, […]

Dear MarketWatch, I am a 51-year-old married woman and planning to semi-retire at 62 and fully retire at 65. My husband and I are starting to think about places that we would consider retiring to and then visiting many of them over the next 10 years. Some of the things we are looking for include: […]

Inflation that’s accelerated well past the Federal Reserve’s 2% long-term target in the post-pandemic recovery poses a significant policy challenge. That has only gotten harder by an energy-price shock through the economy with unknown duration from the Ukraine conflict. Inflation is the fastest it’s been in 40 years. The consumer price index surged 7.9% in […]

A number of U.S. hedge-fund firms that have investments from Russian oligarch Roman Abramovich have been told to freeze his assets after he was sanctioned by the British government Thursday, according to people familiar with the instructions. A message from fund administrator SS&C Globe Op to one firm said, “Currently accounts attributed to Roman Abramovich are blocked from transacting, as such […]