Month: January 2018

Ethan Miller | Getty Images IBM Chairman, President and CEO Ginni Rometty delivers a keynote address at CES 2016 at The Venetian Las Vegas on January 6, 2016 in Las Vegas, Nevada. The difficult times for IBM shareholders are over, according to one Wall Street firm. RBC Capital Markets raised its rating for the technology
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But the off-grid water movement has become more than the fringe phenomenon it once was, with sophisticated marketing, cultural cachet, millions of dollars in funding and influential supporters from Silicon Valley. One recent morning in the hills of Berkeley, Calif., Cody Friesen, the founder and chief executive of Zero Mass Water, was inspecting water collection
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Last year was a record year for mega-gifts, with three charitable donations of $1 billion or more, according to a new report. The Chronicle of Philanthropy compiled its list of the 10 biggest gifts of 2017, with three donations of $1 billion or more — the strongest year in the past decade. And while the
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Stocks could pop nearly 20 percent in 2018 according to a contrarian indicator from Bank of America Merrill Lynch which predicted last year’s surprising surge. The investment bank’s so-called Sell Side Indicator measures the average equity allocation recommended by its fellow Wall Street bank peers. The indicator shows Wall Street is still not very bullish
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A financial plan is more than just a budget, reviewing your investment gains/losses or even having a 180-page document that sits on a shelf or in a drawer. Your financial plan should be a living and breathing document. We have met with many clients over the years that have let us know they already have
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Bitcoin bulls think the cryptocurrency will push higher — with one suggesting it could crack the $60,000 barrier — while bitcoin bears think it will crash and burn. Regardless of which end of the spectrum investors stand on, however, there’s no disputing the phenomenal rise in the digital currency, which rose more than 1,000 percent
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Caterpillar Inc. has long used a subsidiary in Geneva, Switzerland, called Caterpillar SARL, to process sales and profits for international orders, and the IRS wants the heavy-machinery maker to pay a $2 billion tax bill on that business, according to The Wall Street Journal. Although the company maintains that its Swiss strategy, which results in
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For most Americans, there’s been a serious lack of proper investment income and planning, Avallone said. That, coupled with inflation, a looming pension crisis and longer life expectancy, is “a toxic formula for successful retirement,” he said — one that will result in a dramatic drop-off in lifestyle for retirees. “Today’s generation of working people
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