CategoryFinance

Prize-Linked Savings Accounts: A Smart Way to Build an Emergency Fund

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Would you use a savings account that also functioned as a lottery ticket Here's a rundown of how these accounts work, and the best way to use them Essentially, a prize-linked savings account is a form of a lottery ticket you're given in exchange for saving money As one example, the Save to Win program is a prize-linked savings account currently offered in 12 states Accountholders are given one...

Thales agrees 4.8 billion euro Gemalto takeover to trump rival French bid

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PARIS (Reuters) - Aerospace and defense group Thales has agreed to buy chipmaker Gemalto for 48 billion euros ($56 billion), trumping an earlier bid by fellow French firm Atos to take aim at a fast-growing digital security market The bidding contest for Gemalto has come after a difficult year for the Franco-Dutch group in which profit warnings have hurt its share price and overshadowed its...

For GOP, tax bill's most visible win may be averting failure

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And even with millions of families likely to enjoy lower taxes, many won't feel much until they file their 2018 tax returns in early 2019 Republicans hope that would overshadow their embarrassing failure to repeal President Barack Obama's health law Another flop would have infuriated GOP backers and donors already enraged by the Affordable Care Act debacle, fueling hard-right primary challenges...

Special counsel obtains thousands of Trump transition emails

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WASHINGTON (AP) -- Special counsel Robert Mueller's investigation into Russian contacts with President Donald Trump's campaign has gained access to thousands of emails sent and received by Trump officials before the start of his administration, according to several people familiar with Trump's transition organization Many of the emails that Mueller's investigators have now include national...

Autopsies underway for Canadian billionaires found dead

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TORONTO (AP) -- Investigators are awaiting the results of autopsies performed on Canadian billionaire Barry Sherman and his wife after they were found dead in their home in what police called suspicious deaths The 75-year-old pharmaceutical magnate and his wife, Honey, 70, were found dead in their north Toronto mansion on Friday The deaths shocked Canadian high society and prompted Prime Minister...

The Trump tax cuts would save me $2,100

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House and Senate Republicans have now agreed on a final tax bill Congress seems likely to pass within days After-tax profits seem certain to go up, a boon for anybody who owns a private business or shares in a public one I recalculated my 2016 taxes under the new rules , and at first, it looked like bad news Since the new bill eliminates all personal exemptions, that would push my taxable income...

GM offers a sneak peek at new Chevy truck, loaded with profits

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DETROIT (Reuters) - General Motors Co(GMN) offered a sneak peek on Saturday of the next generation Chevrolet Silverado pickup, designed to haul big payloads of profits for the automaker when it launches next year The current Silverado is GM's best selling vehicle in North America, with sales of more than 500,000 vehicles last year Analysts and company executives said it was also one of the...

Palestinian billionaire Masri detained in Saudi Arabia: sources

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AMMAN (Reuters) - Sabih al-Masri, Jordan's most influential businessman and the chairman of its largest lender Arab Bank, was detained in Saudi Arabia for questioning after a business trip to Riyadh, family sources and friends said on Saturday He is the founder of Saudi Astra Group, which has wide interests in diversified industries ranging from agro-industry to telecommunications, construction...

3 Dividend Stocks That Pay You Better Than ExxonMobil Does

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Whereas the typical self-storage unit is leased on a month-to-month basis, Iron Mountain's customers agree to store their documents for a period of years In addition, Iron Mountain has quietly been getting into the data center business, which could be an excellent long-term growth opportunity Just recently, Iron Mountain said it would buy IO Data Centers for $1315 billion, which the company...

Philip Morris International Inc (NYSE:PM): Dividend Is Coming In 3 Days, Should You Buy?

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Shares of Philip Morris International Inc ( NYSE:PM ) will begin trading ex-dividend in 3 days Should you diversify into Philip Morris International and boost your portfolio income stream When assessing a stock as a potential addition to my dividend Portfolio, I look at these five areas: Is it able to pay the current rate of dividends from its earnings If dividend is a key criteria in your...

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