Hedge fund snaps up stake in Love Island maker ITV
A hedge fund has bought a 5% stake in the U.K.’s largest commercial television broadcaster ITV, as the broadcaster struggles against a slump in the advertising market that has pummeled its share price in recent years. Silchester International Investors LLP, whose offices sit at the heart of Mayfair, just minutes from both Berkeley Square and […]
Carl Icahn reports JetBlue stake, calls shares undervalued
Carl Icahn at the 6th annual CNBC Institutional Investor Delivering Alpha Conference on Sept. 13, 2016. Heidi Gutman | CNBC Activist investor Carl Icahn on Monday reported a nearly 10% stake in JetBlue Airways, saying the airline stock is undervalued. Shares of JetBlue spiked more than 15% in extended trading. Icahn amassed the stake in […]
I don’t want my daughters’ husbands to get their hands on my $2 million
My wife and I live in California, as do three of our four grown daughters. We are revisiting our family trust for the first time in many years, as we’re getting older and have gradually built an estate worth a couple of million dollars. We want to make sure that, in case our daughters get […]
Tiger Woods, TaylorMade sign apparel deal following his Nike split
Tiger Woods at the practice range on April 5, 2022, before the start of the 2022 Masters at Augusta National Golf Club in Augusta, Georgia. Brian Spurlock | Icon Sportswire | Getty Images Tiger Woods and TaylorMade have made it official. The golf great has agreed to create a new apparel and footwear performance and […]
Who gets bigger bonuses, the losing Super Bowl team or a Wall Street employee?
The San Francisco 49ers’ Super Bowl dreams evaporated in an overtime heartbreaker against the Kansas City Chiefs on Sunday night, but there’s some cold comfort in the postseason bonus money coming their way. Each 49ers player is poised to receive a cumulative $263,000 just for their postseason run, thanks to the NFL Players Association’s collective-bargaining […]
Jeff Bezos’ move to Miami will save him over $600 million in taxes
Jeff Bezos and Lauren Sanchez walk in the Paddock prior to final practice ahead of the F1 Grand Prix of Miami at Miami International Autodrome on May 06, 2023 in Miami, Florida. Clive Mason | Formula 1 | Getty Images Jeff Bezos’ $2 billion stock sale last week came with an added perk: no state […]
U.S. budget deficit narrowed to $22 billion in January
The numbers: The U.S. federal budget deficit narrowed to $22 billion in January, down from $39 billion in the same month last year, the Treasury Department said Monday. Economists surveyed by the Wall Street Journal had forecast a $21 billion deficit. For the first four months of the fiscal year, the deficit widened to $532 […]
JetBlue resets with new CEO Joanna Geraghty, airline veterans
A JetBlue Airways plane prepares to depart New York’s LaGuardia Airport. Leslie Josephs | CNBC In the 24 years since JetBlue Airways‘ first flight, the New York-based airline has pushed the envelope for a carrier of its size. Now, with some veteran executive hires and cost-cutting, it’s trying to get back to basics. JetBlue was a pioneer […]
My in-laws gave us $300K and are on the deed to our home. Now they want $125K.
My in-laws helped my wife and me purchase a home that we all live in, including my teenager. They provided $300,000, and we bought the home for just over $500,000. All four of us — my wife and I and my in-laws — are on the deed and the loan. I am currently paying the […]
Trump says he’s the reason Taylor Swift made so much money
““I signed and was responsible for the Music Modernization Act for Taylor Swift and all other musical artists. Joe Biden didn’t do anything for Taylor, and never will. There’s no way she could endorse crooked Joe Biden, the worst and most corrupt president in the history of our country, and be disloyal to the man […]
