Articles

‘She told my grandchildren lies about me so they would despise me’: I’m disinheriting my ungrateful and selfish daughter. Could she contest my will?

“I once complimented my daughter and her partner on a nice plant in their garage and they started laughing, and told me it was marijuana.”

Something unusual is happening on Wall Street — and it likely bodes well for stocks

Something unusual is happening on Wall Street that is helping to boost the confidence of stock-market bulls as the first half of 2024 comes to a close.

Merck shares drop 10% as pharma giant scraps trial of promising cancer drug

Merck & Co called off a Phase III trial of its promising cancer drug Xevinapant after an independent panel concluded it is unlikely to meet its goals

Don’t miss this 1929 Hudson River home of Michael Douglas and Catherine Zeta-Jones, listed for $12 million

The power couple’s mansion boasts eight bedrooms, 11.5 baths, and more than 11,600 square feet on 12 acres.

Airbus shares drop 10% as plane maker cuts guidance and forecasts fewer deliveries

Airbus said supply chain issues will see it deliver fewer planes this year and lead to a slower-than-expected increase in production of its A320 aircraft

Treasury yields hold in tight range as traders await data

Bond yields were fractionally firmer as investors parsed comments from Federal Reserve officials and looked ahead to inflation data later in the week.

Whole Foods is promoting ‘little luxuries’ as the next big food trend

It’s a way of indulging without overindulging, said Whole Foods CEO Jason Buechel

Boeing reportedly changes up terms of offer for Spirit AeroSystems

After getting close to a more than $4 billion all-cash deal over the weekend, jet maker Boeing Co. is now proposing using stock to buy jet-parts manufacturer Spirit AeroSystems Holdings Inc., the Wall Street Journal reported on Monday.

‘This is going to be incredibly chaotic’: Student-debt relief plan blocked in part by two federal courts

A major initiative by the Biden administration to lower student-loan payments and provide debt cancellation to more borrowers is in jeopardy after two courts temporarily blocked parts of the plan.

Paramount to raise prices for its streaming subscribers this summer

The company, home to brands such as CBS, MTV, Nickelodeon and the Paramount film studio, said the new price will go into effect Aug. 20 for all new Paramount+ customers and for existing subscribers with its higher-priced offering on or after Sept. 20.

Birkenstock’s biggest shareholder is selling millions of shares, sending them lower

Shares of Birkenstock Holding fell after hours on Monday after the iconic sandal maker said its biggest shareholder would offload some of its investments in the company through a public offering.

Summer is here — but pool demand less so, Pool Corp. says

Swimming-pool gear distributor Pool Corp. on Monday slashed its profit outlook for this year, citing “persistently weak” demand for new pool construction, sending shares sharply lower in after-hours trade.
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