Category: Business

Nearly Half of UK Exporters Report Difficulties in Post-Brexit Goods Trade

Nearly half of all British exporters are facing difficulties in the trade of goods following the UK’s exit from the EU single market on Jan. 1, according to a survey by a leading UK business group. Some 49 percent of UK exporters who responded to the survey conducted by the British Chambers of Commerce (BCC) said they…


How to Have Meaningful Conversations About Money With Your Spouse

My dad, Dave Ramsey, filed for bankruptcy the year I was born. My older sister was about three. So, with a brand-new baby, a toddler, and as dad says all the time, “a marriage hanging by a thread,” things hit rock bottom. Hard. It took them a good five years to climb out of that hole—right around…


Looking for a Way to Invest According to Your Values?

Dear Carrie: I’m fairly new to investing and want to choose companies that support causes I care about—such as the environment. Is this a good idea?—A Reader Dear Readers: As Kermit the Frog says, it’s not easy being green. But for today’s investors, it’s easier than ever to invest green. That’s because increased awareness and…


Seniors Obsess Over ‘Maximizing’ Their Social Security

“I want to make sure we maximize our Social Security payments.” “I am very concerned that we will make a wrong decision and leave Social Security money on the table.” “My wife and I both took our benefits at 62. We are now in our 70s. Everyone I talk to says we made a huge…


Small-Business Struggles

Commentary Small-business owners are struggling to survive the pandemic and government-imposed lockdowns. But white male business owners have an added problem. While politicians are offering loans and grants to minority-owned and women-owned businesses, they could care less about helping white men. What’s next? Tax breaks for women and minorities, and higher rates for white men?…


GM 2020 Profit Drops, but Makes $6.43 Billion Despite Pandemic

DETROIT—General Motors’ profit fell 4.5 percent in 2020, but a strong second half more than offset the effects of pandemic-related factory closures and a costly airbag recall. The Detroit automaker stated on Feb. 10 that it made $6.43 billion as demand for its vehicles surged late in a year dominated by coronavirus upheaval. In the…


GM 2020 Profit Drops, but It Makes $6.43 Billion Despite Pandemic

DETROIT—General Motors’ profit fell 4.5 percent in 2020, but a strong second half more than offset the effects of pandemic-related factory closures and a costly airbag recall. The Detroit automaker said Wednesday it made $6.43 billion as demand for its vehicles surged late in a year dominated by coronavirus upheaval. In the fourth quarter, the…


New CEO to Cut 8,000 Jobs as Heineken Feels Pandemic Effect

BRUSSELS—Heineken plans to cut about 8,000 jobs, the Dutch beer group said on Wednesday, seeking to restore operating margins to pre-pandemic levels after a sharp decline in profit because of coronavirus restrictions. The world’s second-largest brewer, which makes Europe’s top selling lager Heineken as well as Tiger and Sol, said it would save 2 billion…


NYSE Chief Warns of Potential New York Exit If Stock Trades Are Taxed

The New York Stock Exchange may leave New York if state lawmakers approve a proposal to tax stock trades, the president of the exchange said on Feb. 9. “The New York Stock Exchange belongs in New York,” Stacey Cunningham wrote in an op-ed in the Wall Street Journal. “If Albany lawmakers get their way, however, the…


NYSE Chief Warns of Potential New York Exit If Stock Transfer Tax Is Imposed

The New York Stock Exchange threatened on Tuesday to leave New York if lawmakers approve a proposal to tax stock sales. “The New York Stock Exchange belongs in New York. If Albany lawmakers get their way, however, the center of the global financial industry may need to find a new home,” Stacey Cunningham, the president of…