Monthly Archives: July 2022

Amazon is buying clinic operator One Medical in a $4 billion bet on healthcare

Amazon will soon operate both an online pharmacy and brick-and-mortar doctor’s offices. AP Photo/Michel Spingler Amazon is buying healthcare provider One Medical for $3.9 billion.  It’s one of Amazon’s biggest acquisitions ever. One Medical offers subscription-based healthcare at locations across the US.  Amazon is taking a leap into healthcare by acquiring primary-care provider One Medical,…

Tom Cruise will reportedly get at least $100 million for ‘Top Gun: Maverick’ — one of the biggest paydays for an actor ever

Tom Cruise in “Top Gun: Maverick.” Paramount. Tom Cruise is set to earn $100 million or more for “Top Gun: Maverick,” according to Variety. Cruise has a backend deal in which he earns a portion of the movie’s box office. “Maverick” has grossed over $1 billion worldwide, including $620 million in the US. Not only…

Republican lawmaker demands Bill Gates testifies before agriculture committee over his farmland purchases

Bill Gates at the COP26 climate conference in Glasgow in November. Jeff J Mitchell/Getty Images Rep. Dusty Johnson of South Dakota demanded Bill Gates testify over his farmland purchases. He told the House Agriculture Committee it shouldn’t ignore the amount of farmland Gates owns. Johnson questioned Gates’ plans since the billionaire said countries like the…

US stocks trade mixed as strong Tesla earnings lift Nasdaq while ECB hikes rates for first time in 11 years

Getty Images US stocks were mixed Thursday as the European Central Bank raised rates to tackle inflation. A busy earnings week continued with Tesla profits beating views and lifting the Nasdaq. Russia restarted natural gas flows via the Nord Stream pipeline Thursday. US stocks opened mixed Thursday as strong Tesla earnings sent the Nasdaq higher…

Ivana Trump’s funeral displayed a copy of her 1992 Vanity Fair cover which appeared to edit out Hillary Clinton’s name

The casket of Ivana Trump is brought out of St. Vincent Ferrer Roman Catholic Church, New York City, after her funeral. Alexi J. Rosenfeld/Getty Images The funeral for Trump’s first wife, Ivana Trump, was held in New York City on Wednesday. Her 1992 Vanity Fair cover was displayed by the altar, according to photos published…

Robinhood’s fractional trading drove a phantom surge in volume of Berkshire Hathaway’s hugely expensive Class A stock, according to study

Warren Buffett speaks onstage during Fortune’s Most Powerful Women Summit at the Mandarin Oriental Hotel on October 13, 2015 in Washington, DC. Paul Morigi/Getty Images A trading volume surge in Berkshire Hathaway’s Class A shares over the past year is not what it seems.Fractional trading at brokerage firms like Robinhood distort the reported trading volume…

Investing for income: 7 money-generating assets for your portfolio and how to get started

Though especially prized by retirees, income-oriented investments can play a role in any portfolio. skaman306/Getty Images The goal of investing for income is to generate a reliable cash flow from your assets at low risk.Common investment income assets include dividend-paying stocks, bonds, real estate, annuities, CDs, and money market accounts.Though they’re traditionally associated with older investors,…