Month: August 2018

Millennials are drawn to high-deductible health plans for a few reasons. The amount of the deductible may seem daunting, “but your premium is much lower,” Oldham said. “You are telling the insurance company you’re in pretty good health.” Decades of growth on pre-tax money makes the HSA a powerful savings vehicle for your retirement years,
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Canopy Growth CEO Bruce Linton told CNBC Friday the cannabis company is well ahead of its rivals in becoming the leading brand in legal marijuana but still needs to improve. “When I need to find information, I use Google. When I think about web services, I use Amazon,” said Linton, whose Canada-based company has partnered
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“Beginning investors should make sure that they aren’t always following the herd mentality,” says Todd Burkhalter, CEO of Drive Planning, a financial consulting firm based in Georgia. Aside from the standard lineup of stock and bond funds, young investors, he says, should consider holdings like private placement investments in real estate and energy industries –
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The cuts follow a spate of even bigger cuts earlier this year. The $250 million mansion in Bel Air California known as “The Billionaire” became America’s most expensive listing when it came onto the market for $250 million in 2017. In April, the price was cut by a massive $62 million, to $188 million. Brokers
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Emile Wamsteker | Bloomberg | Getty Images A customer exits a Big Lots store in Clifton, New Jersey. Shares of Big Lots plunged Friday after the discount retailer reported second-quarter earnings that fell short of Wall Street expectations. The company’s stock dropped more than 9 percent, adding to its 14.7 percent decline this year. The
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Check out the companies making headlines before the bell: Coca-Cola – Coca-Cola struck a deal buy Costa, the world’s second-largest coffee chain, from Britain’s Whitbread for $5.1 billion, including assumed debt. Costa has nearly 4,000 locations across a variety of international markets. Lululemon – Lululemon reported second-quarter profit of 71 cents per share, well above
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GEORGE TOWN (Aug 31): As today marks the final day before the implementation of the Sales and Service Tax (SST), consumers are seen leaving a supermarket with items bought in bulks. A check by Bernama at Penang GAMA supermarket found that the premises was already filled with shoppers queueing up to the cashier counters even during the first
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KUALA LUMPUR (Aug 31):  The 61st National Day celebration was enlivened with the participation of Malaysians from all walks of life and diverse racial backgrounds, reflecting a spirit of patriotism and love  for Malaysia at the various locations nationwide. In addition to the glittering celebrating at the Dataran Putrajaya themed “Sayangi Malaysiaku” or Love my Malaysia, the states also held National Day celebration
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All eyes are on Budget 2019, which is to be tabled in Parliament by Finance Minister Lim Guan Eng on Nov 2. The end of the tax holiday with the reintroduction of the Sales and Services Tax (SST 2.0) on Sept 1 could cut short the patience of the people, especially those keeping tabs on
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Of the big technology stocks, Apple is the most concerning, veteran technology investor Paul Meeks told CNBC on Thursday. “Of all the FAANGs, the one I am frankly most worried about is Apple,” Meeks said on “Power Lunch.” The ecosystem “is all based on the number of iPhone users, and we are seeing a slowdown
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