Tag: C&E Executive News Filter

‘When we found out, all hell broke loose’: My father used a family trust to secretly build a house — and now rents it to his wife’s friends at below-market rent

I am 49 and my wife is 51. Between the two of us, we’ve managed to save and invest wisely over the span of our...

Opinion: John McAfee was one of the original genius-but-bizarre CEOs — and Elon Musk should take note

The fantastical story of antivirus-software entrepreneur John McAfee in his later years should be a cautionary tale to other genius CEOs, especially Elon Musk. McAfee,...

‘I am not a loan shark’: I loaned my sister $20K and she repaid me after two years with insane interest: 30%. What do I do?

Dear Quentin, I loaned my sister $20,000 to help her buy a new home. We did not put any terms in writing, but she said...

‘Marriage sure does make love suck’: My fiancée wants a big, expensive wedding — we had agreed to spend $15K tops

Dear Quentin, My fiancée and I are currently in the process of planning a wedding and reassessing where we’d like to buy a house. She...

Opinion: Saving Social Security will be far harder this time than it was in 1983

Social Security is America’s largest government program and arguably the most important one given that it serves as a lifeline for tens of millions of...

Opinion: 5 smart ways to shift your investments as the Fed gets ready for a big move

Fed policymakers surprised a lot of investors on Wednesday by signaling that tapering and interest-rate hikes are finally on the way. Investors sat up and...

Opinion: Odds favor the Dow being higher at the end of 2021 and 125 years of history supports this

Odds are good that the U.S. stock market will be higher at the end of December. Don’t get too excited; these odds have nothing to...

‘Dear Intern: it gets better.’ Monica Lewinsky joins Twitter users backing the HBO Max intern behind the ‘Integration Test Email’ fail

Dear Intern: We’ve all been there.  HBO Max subscribers received a baffling email on Thursday night with the subject line “Integration Test Email # 1,”...

Biden administration cancels $500 million of student debt of scammed students

Roughly 18,000 borrowers who were scammed by their college will have their federal student loans discharged, amounting to approximately $500 million in relief, the Department...

‘There was extraordinary generosity’ — Americans gave a record $471 billion to charity in 2020

U.S. charities took in an estimated $471 billion in donations last year. But that record amount of charitable giving was fueled by more than people’s...

Opinion: Saddle up for a summer rally in the stock market

Brace for a summer rally. COVID shutdowns caused the most dramatic economic contraction since the Great Depression but in 2020, the Federal Reserve printed $3.1 trillion to...

Should we rent out the apartment over our garage in exchange for free housekeeping?

Dear Quentin, My wife and I are both in our mid-70s and are unlikely to downsize from our present home, which has three bedrooms and...

White House walks back Biden comments on cybercriminal swap with Russia

The White House on Sunday walked back comments from President Biden that he’d be “open” to exchanging cybercriminals with Russia. National Security Advisor Jake Sullivan told press...

Opinion: Stock investors have come to a fork in the road — and their options are limited

The coronavirus pandemic has been excellent for investors, but most now realize that the stock market’s extraordinary performance is not based on fundamentals, which ceased...

‘She is an enabler who refuses to admit it’: My mother sold her house to my brother and offered me 10% of the proceeds. Is that fair?

Dear Quentin, Picture it: North Carolina, May 2018. My grandfather passed away a few years ago and left a nice piece of property to his two heirs. My...

Opinion: Memo to company directors: Deliver for shareholders or face consequences

At Exxon Mobil’s XOM, +0.16% annual shareholders’ meeting in May, shareholders voted to replace three board members with the nominees from activist hedge-fund Engine No....

Elon Musk’s crypto tweets have ‘destroyed lives,’ says video purportedly from Anonymous

Elon Musk has “destroyed lives” through irresponsible tweets that have recently roiled cryptocurrency markets, a group claiming to represent the hacker collective Anonymous said in...

SEC’s Gensler removes Trump-appointed chair of top accounting regulator

Securities and Exchange Commission Chairman Gary Gensler announced the removal of William Duhnke as chairman of the Public Company Accounting Oversight Board, and named Duane...

5 reasons you should gift to your children now

In 2020, some family business owners held off on preparing gifting programs that would transfer assets from them to their children to see which way...

Is that Airbnb too expensive? CEO plans ‘systematic update on pricing’ as travel recovers

Brian Chesky helped transform the travel industry when he co-founded Airbnb Inc. More than a dozen years later, the COVID-19 pandemic has changed the industry...

Tim Cook to be Apple’s star witness Friday as antitrust trial wraps up

Apple Inc. is saving its most powerful witness for last. Chief Executive Tim Cook is scheduled to take the stand Friday to wrap up Apple’s...

Epic takes aim at Apple’s financial advantage in App Store model

Define the market, then follow the money. This was the crux of Epic Games Inc.’s legal argument much of Monday, and in all likelihood most...

Apple vs. Epic: Why cloud gaming became a hot topic at landmark antitrust trial

The headlines in week one of the Epic Games Inc.-Apple Inc. trial were mostly about exorbitant commission fees charged by the App Store. But a...

Roku stock gains after earnings, outlook top expectations

Shares of Roku Inc. were up 8% in after-hours trading Thursday after the streaming company delivered better-than-expected results for its first quarter and issued an...

Pfizer’s next play: A vaccine maker and pandemic ‘partner’ to governments

Pfizer Inc.’s COVID-19 vaccine is on track to generate a whopping $26 billion in sales this year, making it the drug maker’s top-selling drug and...