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The Social Security retirement age could go up. Here's why that change won't be easy

The Social Security retirement age could go up. Here's why that change won't be easy

Restoring Social Security's solvency could require higher taxes, benefit cuts or a combination of both. Here's why one possible change, raising the full retirement age, is so controversial.

6 years ago
Too old to get rich? No way, if you follow these 7 tips for starting a business

Too old to get rich? No way, if you follow these 7 tips for starting a business

Starting a business at any age is a lot of work and a lot of hours. But there's one thing that should not stop you: your age.

6 years ago
Southwest pilots union says Boeing may be trying to hasten 737 MAX return

Southwest pilots union says Boeing may be trying to hasten 737 MAX return

The head of the Southwest Airlines Co pilot union Wednesday sharply criticized Boeing Co and questioned whether the manufacturer was trying to speed up the timeline for the 737 MAX's return to service.



6 years ago
Icahn pushes for Xerox-HP merger: WSJ

Icahn pushes for Xerox-HP merger: WSJ

Activist investor Carl Icahn is pushing for the proposed merger of Xerox Corp and HP Inc , arguing that a union of the printer makers could make big profits for investors, the Wall Street Journal reported on Wednesday.



6 years ago
Warren lashes out at Goldman over Apple Card bias claims: Bloomberg

Warren lashes out at Goldman over Apple Card bias claims: Bloomberg

U.S. Senator Elizabeth Warren questioned Goldman Sachs's response to allegations of bias in how the bank evaluates applicants for Apple Inc's credit card, suggesting it should pull down the algorithm if it cannot be explained, Bloomberg reported on Wednesday.



6 years ago
Factbox: New BHP CEO Henry to drive efficiencies, focus on social license

Factbox: New BHP CEO Henry to drive efficiencies, focus on social license

Global miner BHP Group Ltd on Thursday appointed 16-year company veteran Mike Henry as its new chief executive from Jan. 1 next year, replacing Andrew Mackenzie.



6 years ago
Global miner BHP taps Australia head Henry as new CEO

Global miner BHP taps Australia head Henry as new CEO

BHP Group Ltd on Thursday named its Australian head Mike Henry to succeed Andrew Mackenzie as the miner's chief executive, shunning calls from some investors for fresh blood from outside the Anglo Australian giant.



6 years ago
Asian stocks retreat as China's growth slowdown deepens

Asian stocks retreat as China's growth slowdown deepens

Asian stocks fell on Thursday after soft Chinese economic data showed the trade war between Beijing and Washington hitting growth in the world's second-largest economy.



6 years ago
Billionaire Hikvision director named in Chinese disclosure probe

Billionaire Hikvision director named in Chinese disclosure probe

China's securities regulator is investigating one of the country's richest men for alleged violation of disclosure rules as a director of surveillance camera giant Hikvision , the company said.



6 years ago
Cisco forecast disappoints as global worries weigh on client spending

Cisco forecast disappoints as global worries weigh on client spending

Cisco Systems Inc on Wednesday forecast second-quarter revenue and profit below expectations as increasing global economic uncertainties kept clients away from spending more on its routers and switches.



6 years ago
WeWork losses widen to $1.25 billion amid record office space expansion

WeWork losses widen to $1.25 billion amid record office space expansion

The We Company, owner of WeWork, said on Wednesday net losses in the third quarter more than doubled to $1.25 billion as the money-losing shared-office operator added a record number of desks to its global network but was unable to control rising costs.



6 years ago
WeWork third-quarter losses widen to $1.25 billion as expansion ramps up

WeWork third-quarter losses widen to $1.25 billion as expansion ramps up

The We Company, owner of WeWork, said on Wednesday net losses in the third quarter widened to $1.25 billion from $497 million a year earlier as its money-losing shared-office business doubled in size with a record number of desks added to its network.



6 years ago
S&P wobbles on fresh trade uncertainty; Disney lifts Dow

S&P wobbles on fresh trade uncertainty; Disney lifts Dow

The S&P 500 and Nasdaq stock indexes slipped on Wednesday on fresh uncertainty over U.S.-China trade relations, while a jump in Walt Disney shares boosted the Dow.



6 years ago
Shares, bond yields slip on sour trade deal sentiment

Shares, bond yields slip on sour trade deal sentiment

Global equity markets and government bond yields fell on Wednesday as sentiment soured that a U.S.-China trade deal can be reached soon and on fears intensifying unrest in Hong Kong may lead to a Chinese crackdown.



6 years ago
Black student loan borrowers are defaulting at nearly twice the rate of whites: NY Fed

Black student loan borrowers are defaulting at nearly twice the rate of whites: NY Fed

Student loan borrowers from mostly black neighborhoods are almost twice as likely to default on their debt as borrowers from neighborhoods that are mostly white, according to research released Wednesday by the Federal Reserve Bank of New York.



6 years ago