As a bed and breakfast owner in Taiwan’s Hualien County, Chen Rei-jia was used to the minor tremors that sometimes disturbed her work. But this time, something felt different.”The shaking grew stronger and lasted longer, and as rescue vehicles arrived, I became frightened,” she said. “We heard rocks falling everywhere and saw smoke and dust all around. There were massive landslides in front and behind us.”Emerging from her house to survey the damage, Chen had just survived the 7.4 magnitude earthquake that struck Taiwan on April 3 — the largest tremblor to rock the island in 25 years.”I’ve never experienced…
Author: insighter
Pavlo Gonchar | SOPA Images | Lightrocket | Getty ImagesE-Trade is having internal discussions about whether to ban Keith Gill — the meme stock trader who just disclosed a big position in GameStop — from the trading platform over concerns regarding potential market manipulation, The Wall Street Journal reported Monday.The brokerage, owned by Morgan Stanley, hasn’t reached a decision yet, the Journal said, citing people familiar with deliberations inside the firm.GameStop shares shot up early Monday after Gill, who goes by “DeepF——Value” on Reddit, posted a screenshot of what could be his portfolio holding a significant amount of GameStop common…
If you’re in the market for car insurance and you live in the Badger State, you’ve got plenty of options to choose from. But trying to find the best car insurance in Wisconsin probably isn’t your idea of a good time. Thankfully, we’ve done the legwork for you.NerdWallet analyzed 26 insurance companies in Wisconsin to help you find the best option. We split our top picks into four categories:How we found the best car insurance in Wisconsin.NerdWallet’s editorial team considered pricing, discounts, complaint data from the National Association of Insurance Commissioners and more to determine the best car insurance companies…
Over the weekend X (formerly Twitter) changed its terms of service to formally allow users to post adult content. Prior to the rule change, the platform had an unofficial policy that allowed users to upload such content, but it was neither allowed nor banned, operating in a gray area. Now, X users will be able to freely post NSFW content, so long as it was made consensually. “We believe in the autonomy of adults to engage with and create content that reflects their own beliefs, desires, and experiences, including those related to sexuality,” X’s updated guidelines state. Anyone who posts…
Ford Motor is turning an abandoned train station used for decades as an infamous symbol of Detroit’s downfall and blight into a new technology campus for the automaker and mixed-use property for the city. Michael Wayland / CNBC DETROIT – Ford’s latest project out of the Motor City is the restoration and reopening of an abandoned train station, for decades a symbol of Detroit’s downfall and now the automaker’s new technology campus. The $950 million project encompasses the 18-story former train station called Michigan Central Station – once the state’s marquee transit building – an adjacent 270,000-square-foot building and other, supporting facilities. The…
An employee cleans his company vehicle at the Waste Management facility in Austin, Texas, on Feb. 12, 2024.Brandon Bell | Getty ImagesWaste Management will buy Illinois-based waste-disposal company Stericycle in a deal valued at about $7.2 billion, the companies announced Monday.Under the agreement, WM will acquire all outstanding shares of Stericycle for $62 per share in cash. This represents the deal’s total value when including Stericycle’s net debt of around $1.4 billion.The per-share price also represents a 24% premium to Stericycle’s 60-day volume-weighted average price as of May 23, the last trading day before Bloomberg reported that Stericycle was considering…
Retiring is a process. It involves preparing your finances, your relationships and yourself. And if you’re a business owner, there’s an extra step — deciding what’s next for your customers and employees. As soon as you start thinking about your own retirement, start thinking about what will happen to your business, says Paul Tramontano, executive managing director and wealth manager at Cresset Capital, a financial advisory firm that works with entrepreneurs.“You have a lot of optionality as you think about transitioning your business to the next generation or selling it,” Tramontano says. “The earlier, the better.” In general, there are…
Spotify CEO Daniel Ek triggered backlash from the music industry last week when he said the cost of creating content is “close to zero,” prompting him to clarify his remarks on Sunday. In a post on May 29, Ek mused that society is witnessing a resurgence of Stoicism, a philosophy adopted by Roman emperor Marcus Aurelius. But he started off by irritating some of the musicians that contribute to his platform. “Today, with the cost of creating content being close to zero, people can share an incredible amount of content. This has sparked my curiosity about the concept of long…
Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. In this episode: Learn handy tips you probably didn’t know about credit cards and why paying off loans could actually lower your credit score.Credit Card Tips: What are some helpful credit card tips? Can paying off your student debt negatively affect your credit score? Hosts Sean Pyles and Sara Rathner discuss insider credit card tips to help you understand our options when shopping for and using credit cards. They begin with tips and tricks on navigating interest rate changes, maximizing reward points, limits on applying for new…
The OPEC logo on the building of the Organization of the Petroleum Exporting Countries.Thomas Coex | Afp | Getty ImagesU.S. crude oil fell more than 3% on Monday as OPEC+ announced plans to phase out voluntary production cuts totaling 2.2 million barrels per day.A coalition of eight OPEC+ members led by Saudi Arabia and Russia announced Sunday that they would begin phasing out those cuts over the course of 12 months starting in October.The planned phase out, however, will be subject to market conditions and could be reversed, the producers said. OPEC+ is keeping separate tranches of production cuts totaling…
Elon Musk faces allegations that he illegally sold $7.5 billion worth of equity in Tesla in the fourth quarter of 2022, knowing that the business would disappoint after promising investors an “epic end of year.” In a lawsuit filed with a Delaware court late last week, shareholder Michael Perry accused both the CEO of deliberately unloading nearly 45 million shares in advance of poor vehicle sales data to prevent an estimated 55% hit in value, and almost the entire board of collectively violating their responsibility of directors towards shareholders. “By disposing of $7,530,113,926 worth of Tesla stock in November and December…
Whether you’re #TeamCarryon or #TeamCheckedBag, you may need to check luggage on your next flight. While most bags arrive on time and without problems, airlines occasionally lose your luggage.On American Airlines, lost luggage may actually just be delayed arrive on the next flight. In some instances, it can be completely misplaced. Here’s what you should do, how to contact American Airlines and what American Airlines’ compensation is for lost luggage.What to do when American Airlines loses luggageWhen your luggage is lost on American Airlines, you need to act swiftly to give the airline the best chance of finding your luggage…