For people starting a new job that pays better, it’s tempting to rejoice over the salary bump. But what many job switchers don’t see is the thousands in retirement savings they stand to lose each year thanks to a 401(k) pitfall, a new study has found.
Tesla Inc. Chair Robyn Denholm cashed in from a well-timed sale of shares this month, reaping more than $35 million from stock that soared after the US election.
It took billions of dollars in losses, a company-wide overhaul, cost-cutting and price hikes to get there, but Bob Iger and Walt Disney Co. appear to have reached a long-awaited turning point in the streaming business.
Disney Cruise Line, Celebrity Cruises and Viking Ocean Cruises took the top spots among six categories in the 11th annual U.S. News & World Report Best Cruise Lines rankings.
Alphabet Inc.’s Chrome browser could go for as much as $20 billion if a judge agrees to a Justice Department proposal to sell the business, in what would be a historic crackdown on one of the world’s biggest tech companies.
US consumers had a tougher time accessing credit this year, with applications for auto loans and mortgage refinancing being turned down at the highest rates in more than a decade.
Nippon Steel Corp. is promising unionized workers of United States Steel Corp. that it won’t send steel shipments from its overseas mills as part of its commitments to seal a $14.1 billion takeover of the iconic American company.
Taxes may not be the first thing on your mind following the presidential election, but there’s no doubt that tax policy will play a key role in the year ahead, given that the 2017 Tax Cuts and Jobs Act is set to expire at the end of 2025.
A federal bankruptcy judge has paused the Onion’s acquisition of Alex Jones’ Infowars pending a court review of the auction process, after lawyers for Jones and the company affiliated with him complained that the satirical news site had put in a bid of $3.5 million.
General Motors Co. on Friday laid off roughly 1,000 people globally with a majority working out of the automaker's Global Technical Center in Warren, according to a person familiar with the matter.
DirecTV’s purchase of EchoStar’s subscription television business could collapse unless bondholders agree to accept a discount within the next week. But even if they don’t, EchoStar reassured investors it has raised enough capital to meet upcoming debt payments, allowing it to avoid a bankruptcy filing.
US retail sales advanced in October, boosted by a jump in autos purchases, while other categories signaled some momentum entering heading into the holiday season.
Virginia Senator Mark Warner sent a letter to video-game company Valve Corp. raising concerns over white-supremacist and hateful content on its popular online store Steam.
The wave of migrants who arrived during the Biden administration fueled some of the anger that propelled Donald Trump back to power. They also offset a labor shortage, putting a damper on inflation.
The Federal Trade Commission is planning to launch an investigation into Microsoft’s cloud software business over alleged anticompetitive practices, as the Democratic-led agency tries to cement a legacy of aggressive regulation during President Joe Biden’s final weeks in office.
The debate over whether flexible work or strict office mandates are better for productivity and collaboration continues to heat up as more companies roll back pandemic-era flexibility.