Business
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Take-Two stock soars as outlook suggests ‘Grand Theft Auto VI’ is a little more than a year away
Take-Two Interactive Software Inc. shares surged in the extended session Wednesday, after the videogame publisher’s weak outlook appeared to confirm a timeline for the next iteration of its blockbuster “Grand Theft Auto” videogame franchise. Take-Two TTWO, +12.56% shares rallied about 10% after hours, following a 0.8% gain to close the regular session at $125.02, for…
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‘Tipping culture is out of control. I was asked to tip 15% for a charitable donation’: When will it end?
Our tipping culture is out of control. It has become mandatory, and forced upon us. It has lost its cause. It’s not a gratuity anymore, it’s become another tax. Consumers are forced to help merchants to pay workers after paying merchants for the service. One time, I tried to donate money online, and was asked…
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Deutsche Bank to settle Jeffrey Epstein suit for $75 million: report
Deutsche Bank AG will pay $75 million to settle a proposed class-action lawsuit claiming it aided Jeffrey Epstein’s sex-trafficking ring, the Wall Street Journal reported Wednesday night. The suit was filed by lawyers on behalf of an anonymous victim and others who accused the financier, who died by suicide in federal lockup in 2019, of…
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Tesla’s Elon Musk expects ‘a year of difficulty’ for the global economy
Tesla Inc. Chief Executive Elon Musk said late Tuesday he foresees “a year of difficulty” for the global economy, with “lots of companies” going bankrupt, and said that the EV maker will not be immune to the downdraft, even as he teased two new products for Tesla in the future. “It’s is going to be…
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Container Store plans layoffs, sales expected to decline further despite Bed Bath & Beyond closures
Even with rival Bed Bath and Beyond Inc. closing its doors, Container Store Group Inc. expects a sales decline to worsen, sending shares toward their lowest prices since 2020 on Tuesday afternoon. In its fiscal fourth-quarter earnings report, Container Store TCS, -6.64% reported Tuesday that annual revenue declined 4.3% to $1.05 billion, and executives surprisingly…
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Lots of office workers want to work from home. Elon Musk thinks it’s ‘morally wrong.’
Remote work has upended corporate America, relieving many workers of crushing commutes and office distractions while infuriating just as many bosses. But the nation’s wealthiest individual, Tesla Inc. TSLA, +4.02% Chief Executive Elon Musk, cast the issue in terms of privilege and morality on Tuesday, saying it was time for the office-averse to “get off…
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IRS will launch free tax-filing pilot in 2024. TurboTax, H&R Block and Republicans are opposed.
After a months-long review, the Internal Revenue Service will test a free federal tax-filing pilot program, IRS and Treasury Department officials said Tuesday. Though many details about the pilot program still need to be worked out, the upcoming test run could mark the start of a new, free alternative to paid preparers and tax software…
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I received $225,000 from the 9/11 Compensation Fund after being diagnosed with lung cancer. How should I save and invest it?
I will receive a windfall of $225,000, tax-free, in July. The money comes from the World Trade Center Health Program. In the days and weeks following the 9/11 attacks I volunteered at St. Paul’s Chapel by giving out food and drink to the workers, and preparing kits of throat lozenges and socks and other things…
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Turkey ETF ends 8% lower as presidential election heads for runoff
[]An exchange-traded fund that tracks Turkey’s stock market tumbled on Monday as the nation headed for a runoff vote after longtime leader President Recep Tayyip Erdogan pulled ahead of his rival, Kemal Kilicdaroglu, but fell short of an outright victory that would extend his two-decade rule of the NATO-member country. []The iShares MSCI Turkey ETF…
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Discover the Power of Options Trading
In case you don’t know me, I’m Jeff Williams. I’d like to share my story about what drove me to become a stock market educator. I got started in the stock market at a young age. My parents always taught me to invest some of my paycheck into a retirement fund, even when I was…