Source: SmileDirectClub SmileDirectClub is bracing for a windfall of cash. The company, which provides invisible teeth-straightening devices, is looking to sell up to $1 billion in stock in an initial public offering, three people with knowledge of the matter said. SmileDirectClub is currently on file confidentially and aiming to flip its IPO prospectus to be
Sen. Kamala Harris Elijah Nouvelage | Reuters Student debt has become a central issue in the 2020 presidential campaign. First, Sen. Elizabeth Warren, D-Mass., proposed canceling $640 billion of it. Then Sen. Bernie Sanders, I-Vt., said he’d erase all $1.6 trillion of it. Now Sen. Kamala Harris, D-Calif., has released a plan to forgive student
Learn how to create a no regrets retirement plan Getty As many of you know, a traditional obituary contains the name of the passing person as well as their surviving loved ones, including spouses and children. Well several years ago I created a Google Alert for my name, “Robert Laura,” so I could keep track of
Recently, in Revenue Procedure 2019-32, the IRS provided a six-month extension for certain partnerships to file a superseding Form 1065 (its partnership return) and corresponding Schedules K-1 to each of its partners. The Bipartisan Budget Act of 2015 (the “BBA”) drastically changed the way that partnerships are audited, including partnership-level assessments; smaller partnerships, however, can
The Home Improvement Research Institute is bullish on 2019, according to its latest findings released last week, and supported by other industry professionals and watchers. According to HIRI’s quarterly Project Sentiment Tracking Survey of 3,000 homeowners, this is what’s ahead for the rest of the year. Kitchens are projected to be among the top spaces
This is a comparison of Wednesday’s FOMC statement with the one issued on June 19 after the Fed’s previous policy-making meeting. Text removed from the June statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined. Black text appears
The Humana headquarters office stands in Louisville, Kentucky. Ty Wright | Bloomberg | Getty Images Health insurer Humana raised its 2019 profit forecast on Wednesday and posted second-quarter earnings ahead of Street estimates, as it reined in costs and recorded higher revenue from its unit that sells Medicare Advantage health plans. Shares rose 3.7% to
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Aug. 21, 2017. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines midday Wednesday: Apple — Apple rose 4.3% after announcing better earnings, sales and guidance than analysts expected. The tech giant reported
Leon Cooperman Scott Mlyn | CNBC During Tuesday night’s Democratic presidential debate, many of the Democratic candidates called for ending a favorite tax break of the rich. And now they have some unlikely allies: billionaire, conservative hedge-fund managers. In Wednesday’s Financial Times, hedge-fund manager and longtime Republican supporter Leon Cooperman said that while he opposed
Leon Cooperman Scott Mlyn | CNBC President Donald Trump is trying to boost stock market gains as he seeks reelection in 2020, billionaire investor Leon Cooperman told CNBC on Wednesday. “The president is very intent on getting the stock market up,” said Cooperman, who runs Omega Advisors. “My guess is we’re doing a lot of