CategoryFinance

2nd round of Mugabe exit talks as party begins to oust him

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HARARE, Zimbabwe (AP) -- Clinging to his now virtually powerless post, longtime Zimbabwe President Robert Mugabe on Sunday was set to discuss his expected exit with the army commander who put him under house arrest, while the ruling party opened an emergency meeting to recall the world's oldest head of state as its leader That former vice president, Emmerson Mnangagwa, is expected to lead a new...

Why Smart People Take Social Security at 62

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Many of us daydream about retiring early -- and then assume that we can't But early retirement is more possible for many people than they think, and Social Security can be a big help toward that end Most people start collecting Social Security at age 62 -- and there are some compelling reasons why you should do the same The size of your ultimate Social Security checks is not written in stone...

Alibaba's $25 Billion Sales Day Shows Its Best Days Are Yet to Come

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The Chinese e-commerce giant reported $253 billion in gross merchandise volume (GMV) during its annual massive sales event on Nov That's $23 billion more than Alibaba was expected to do in sales, according to a prediction from global consulting firm Olive Wyman But the most important takeaway is that Alibaba increased Singles Day sales by 39% over last year, when it reported $1779 billion in GMV...

Palestinians vow to suspend talks if US closes PLO mission

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The potential rupture in relations threatens to undermine President Donald Trump's bid for Mideast peace — a mission he has handed his son-in-law, Jared Kushner Senior Palestinian negotiator Saeb Erekat said the US decision was "very unfortunate and unacceptable," and accused Washington of bowing to pressure from Israeli Prime Minister Benjamin Netanyahu's government "at a time when we are trying...

Massive 12-car pileup and death of Daniel Hegarty cast shadow on Macau GP

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The Macau Grand Prix takes place on a notoriously difficult street circuit that claims numerous cars, drivers, and riders every single year The 2017 event is no different, with a 12-car pileup claiming half the field on the first lap of GT car qualifying Daniel Juncadella, at the front of the pack, hit a barrier and spun in such a way that the rest of the field behind him bunched up in a chain...

The Latest: France sees 'negative' foreign sways in Lebanon

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A high official in French President Emmanuel Macron's office said Saturday that France aims to see Lebanon "regain its stability" The French presidency says France is not worried that Lebanese Prime Minister Saad Hariri left two of his children in Saudi Arabia before coming to France, adding that he will return to Lebanon in the coming days A high official in French President Emmanuel Macron's...

A Close Look at Starbucks Corporation's Double-Digit Dividend Increase

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Last December, I wrote that Starbucks ' (NASDAQ: SBUX) dividend could double in four years With Starbucks' most recent dividend increase fresh in the rearview mirror, it's a good time to take a look at the coffee company's dividend, as well as check in on the underlying metrics in Starbucks' business that support this dividend Dividends over the last six years have increased at an average rate of...

Best Buy: Berkshire, Mastercard, or Bank of America?

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But there are things, in particular, that make Mastercard and Bank of America very compelling today, and two things that keep Berkshire from being in the running -- at least right now A hand draws a sketch of a scale with price on one side and value on the other To start, Berkshire is going to find it impossible to replace Warren Buffett when he eventually steps aside as CEO and its most...

Why 2018 Could Be Bank of America's Best Year Yet

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In the seven years before that, its earnings were erratic, sometimes dipping into negative territory But since then, Bank of America has earned healthy and growing profits each quarter That marks a meaningful improvement over the previous year, when its average quarterly earnings came in at $45 billion And at the rate Bank of America is going right now, 2018 will be even better Interest rates are...

Tesla Truck Unveiled (Wow!): 8 Key Things You Should Know

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(NASDAQ: TSLA) faithful arrived on Thursday, when the company unveiled its electric semi truck at an evening event in Los Angeles Optimistic and persistent viewers were rewarded after an extended period of darkness when streaming resumed Musk said that the Tesla truck has a range of 500 miles per charge while carrying maximum weight -- which is 80,000 pounds -- and traveling at "highway speed"...

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