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Bill Gates transferred stock worth about $2.4 billion to Melinda Gates on the same day they announced their divorce

Melinda and Bill Gates. Michel Euler/AP Images Tech billionaire Bill Gates transferred stock in two of Mexico's largest companies to Melinda Gates. He also split up stakes in a Canadian railway company and America's largest automotive retailer. They hadn't signed a pre-nup, but are splitting property and debts under a "separation contract." Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Bill Gates moved stock worth nearly $2.4 billion to Melinda Gates...
Tags: Amazon, Microsoft, Mexico, US, America, Trends, Bloomberg, Canada, Bill Gates, AutoNation, SEC, Bill, Jeff Bezos, Coca Cola, Melinda Gates, Cascade


Insider finance: BofA poaches volatility traders

Paris on October 4th, 2011 . Aurel BGC. trading floor The CAC40 index and the Paris stock exchange curve over the past 5 days appear on the computer screens Traders at work. (Photo by: Andia/Universal Images Group via Getty Images) Andia/Universal Images Group via Getty Images Good morning and welcome to Insider Finance. I'm Dan DeFrancesco, and here's what's on the agenda today:Bank of America just nabbed two senior equity volatility traders from rival banks as the war on talen...
Tags: Indonesia, Wall Street, US, America, Trends, Bank Of America, Paris, Goldman Sachs, Morgan Stanley, Viking Global, Blackrock, Reuters, Jpmorgan, BofA, Guggenheim Securities, Scott Olson Getty Images


Caitlyn Jenner brushed off accusations she betrayed the trans community over her comment about girls' sports teams

Caitlyn Jenner appearing on Fox News on May 5, 2021. Fox News Last week Caitlyn Jenner said that transgender girls shouldn't play in girls' school sports teams. Jenner, who is a transgender woman, was accused of betraying the trans community in America. When asked about her critics on Fox News Wednesday, Jenner said: "I move on." See more stories on Insider's business page. Caitlyn Jenner has shrugged off accusations that she betrayed the transgender community over her comments...
Tags: Politics, Entertainment, California, Mexico, US, America, Trends, Transgender, News UK, Kansas, Fox News, Trinity, Donald Trump, Caitlyn Jenner, Jenner, Gavin Newsom


More retirement — and tax — changes ahead under W&M approved SECURE Act 2.0

Still working through the retirement changes that were part of 2019's SECURE Act? Get ready. SECURE 2.0 is on its way. The Ways and Means Committee (W&M) today, May 5, unanimously — yes, Republicans and Democratic representatives agreed on something! — to send this latest set of retirement (and tax) law changes to the House floor. First round retirement law review: Provisions in the first SECURE, or Setting Every Community Up for Retirement Enhancement, Act took effect Jan. 1, 2020. It was th...
Tags: Taxes, Congress, America, House, Ira, Secure, Committee, U S Treasury, Department of Labor, Kevin Brady, Ways and Means, Ways and Means Committee, SSRA, W M Committee, Richard E Neal D MA, Indexes IRA


Biden launches a fiery defense of his tax hikes: 'This is about making the average multimillionaire pay just a fair share'

President Joe Biden. AP Photo/Evan Vucci, File In a Wednesday address, President Joe Biden gave an impassioned defense of his proposed tax hikes. Biden wants to hike taxes on corporations and Americans making over $400,000 a year. He said the rates he's proposing have historical precedent, and he wants to offset spending. See more stories on Insider's business page. While answering questions after a Wednesday address on the impact of the American Rescue Plan, President Joe Biden do...
Tags: America, Trends, Joe Biden, Biden, Trump, Bush, Sarah Anderson, Heritage Foundation, Evan Vucci, Senate Budget Committee, Juliana Kaplan


With Washington Still Busy, Major Reverse Mortgage Movement Remains Unlikely

While signs of improvement and recovery from the worst of the COVID-19 coronavirus pandemic are starting to feature more prominently across the United States, federal politicians in Washington, D.C. are consumed with a raft of proposed legislation aimed at strengthening the post-pandemic recovery period along with competing ideas between the Democratic and Republican sides of the aisle in Congress. In addition, a surprising turn of events in November placed the House of Representatives, Senat...
Tags: Featured, Congress, Washington, Finance, Senate, White House, America, Georgia, Legislation, Joe Biden, United States, Hud, The White House, Kamala Harris, Arlington VA, Nashville Tenn


With few GOP allies left, Ted Cruz takes refuge at Mar-a-Lago with his former enemy Trump

Ted Cruz and Donald Trump. AP Sen. Ted Cruz and former President Donald Trump had dinner together Tuesday night. Trump and Cruz spent years at each other's throats, but Cruz became an ally with Trump in office. They face political roadblocks that may have pushed them toward a politically expedient alignment. Sign up for our daily newsletter 10 Things in Politics You Need to Know Today. Politics makes for strange bedfellows - and dinner companions.On Tuesday night, Sen. Ted Cruz of Te...
Tags: Facebook, Politics, Texas, Jimmy Kimmel, Supreme Court, Congress, Washington Post, Senate, America, Barack Obama, Trends, Analysis, Gop, Ted Cruz, New York Times, John F Kennedy


US Air Force aborts the planned test launch of an intercontinental ballistic missile for unexplained reasons

An unarmed Minuteman III ICBM during a test at Vandenberg Air Force Base, August 2, 2017. US Air Force The US Air Force had to abort a planned test launch of one of its Minuteman III ICBMs. The service said a "ground abort" was experienced prior to launch but didn't go into specifics. The abort comes amid a debate about the nuclear modernization and the future of the ICBM force. See more stories on Insider's business page. The US Air Force aborted the planned test launch of a Minut...
Tags: California, US, America, Trends, Nuclear Weapons, Air Force, Vandenberg Air Force Base, US Air Force, ICBM, Northrop Grumman, US Strategic Command, Air Force Global Strike Command, Intercontinental Ballistic Missiles, Charles Richard, GBSD, Military & Defense


A student-loan forgiveness program for public-service workers has a 98% denial rate. 56 Democrats say it's time for Biden to fix it.

Sen. Kirsten Gillibrand (D-NY). Alex Wong/Getty Images 56 Democrats urged Education Sec. Miguel Cardona to fix the Public Service Loan Forgiveness program. The letter cited its high denial rate, with fewer than 2.5% of eligible applicants being approved. Biden campaigned on fixing the program to give public service workers needed relief. See more stories on Insider's business page. President Joe Biden campaigned on reforming the Public Service Loan Forgiveness (PSLF) program, which he ...
Tags: Florida, New York, Maryland, Senate, America, Trends, Joe Biden, New Hampshire, House, Marco Rubio, Biden, Democratic, Dod, Sen Elizabeth Warren, John Sarbanes, Government Accountability Office


Why avocados are so expensive

Avocado has become one of the world's trendiest foods, but they require an extraordinary amount of costly resources and labor in order to grow. Avocado prices have rocketed in recent years by up to 129%, with the average national price of a single Hass avocado reaching $2.10 in 2019, almost doubling in just one year. We break down what makes avocados so expensive. See more stories on Insider's business page. Following is a transcript of the video.Narrator: Avocado has become one of the ...
Tags: California, Mexico, US, America, Trends, Chile, New Zealand, Peru, South America, Philadelphia, Central America, MichoacAn, Aztecs, Northland, Sunshine State, US Department of Agriculture


Trump's pick to replace Liz Cheney repeatedly spread 2020 election lies

Rep. Elise Stefanik during the impeachment trial of Donald Trump in January 2020. Stefanik was one of the president's most vocal defenders in the House. Drew Angerer/Getty Images Rep. Elise Stefanik, who's looking to replace Rep. Liz Cheney in House leadership, has aggressively spread lies about the 2020 election. Stefanik was one of 147 Republican lawmakers - 8 senators and 139 House members - who voted to overturn the results of the 2020 election. The congresswoman told colleag...
Tags: Politics, Texas, News, Supreme Court, Republicans, America, Trends, Joe Biden, Harvard, Gop, Wyoming, House, Republican, Donald Trump, Cheney, Elise


This saucier's smart design reduces liquids faster and easier than a traditional saucepan

If you buy through our links, we may earn money from affiliate partners. Learn more. Made In A saucier is a mainstay in professional kitchens for quickly whipping up sauces, gravies, and roux. Made In's saucier ($109) is even more rounded than a typical saucier for easier whisking and stirring. It also makes a great everyday pan for preparing pastas, soups, and stews. Table of Contents: Masthead Sticky Saucier (3-quart) (small) In every home cook's kitchen, you're likely ...
Tags: Reviews, Kitchen, Food, America, Trends, POTS, Kitchen Tools, Saucier, Cookware, Pots and Pans, Pans, Connie Chen, Made In, Product Card, Kitchen (Reviews, IP Reviews


Mark Meadows says Facebook's Trump decision is 'a sad day for America,' and will make the GOP more likely to support breaking up big tech companies

Doug Mills/Getty Images Mark Meadows lamented the Facebook Oversight Board's decision Wednesday. The former Trump chief of staff said the ban is "a sad day for America." Meadows also indicated Trump's ban will make Republicans more likely to support anti-trust bills. See more stories on Insider's business page. Former White House Chief of Staff Mark Meadows decried the Facebook Oversight Board's decision Wednesday morning to uphold former President Donald Trump's ban....
Tags: Facebook, Politics, Congress, America, Trends, Gop, Fox News, Capitol Hill, Donald Trump, Trump, Brian Stelter, BILL HEMMER, The Board, Meadows, Mark Meadows, Oversight Board


From tulips to bitcoin to NFTs - here's how the act of speculation became a financial mania

Grimes Battle of the WarNymphs NFT on Nifty Gateway. Nifty Gateway University of Pittsburgh professor Gayle Rogers says financial speculation wasn't always seen as "mania." From NFTs to bitcoin, he says what's being called mania should really be considered financial speculation. He says using the term mania tells us "only a small and potentially misleading part of the story." See more stories on Insider's business page. In the late 1990s, America experienced a dot-com mania. In...
Tags: Opinion, America, Trends, Strategy, Bitcoin, United States, Philadelphia, Gamestop, Rush, Aristotle, Adam Smith, Nordic, George Washington, Alexander Hamilton, NFT, Mackay


Why collaborative agreements between the government and the community are the most effective way to reform policing in the US

Protestors standoff with police during a protest against the police brutality in Florissant, Missouri, on June 27, 2020. REUTERS/Lawrence Bryant It will take more than just courtroom justice for police reform to be successful across the US. Efforts in Baltimore have that shown federal intervention doesn't necessarily guarantee lasting change. Cincinnati's collaborative agreement approach is a better blueprint for other cities to follow. See more stories on Insider's business...
Tags: New York, Congress, Loretta Lynch, Opinion, Police, US, America, Trends, Strategy, Georgia, Chicago, Missouri, Ferguson, Michael Brown, Philadelphia, Police Brutality


With few GOP allies left, Ted Cruz takes refuge at Mar-a-Lago with his former enemy President Trump

Ted Cruz and Donald Trump. AP Sen. Ted Cruz and former President Donald Trump had dinner together on Tuesday night. Trump and Cruz spent years at each other's throats, but Cruz became a loyal ally to Trump during his impeachment. Both face potential roadblocks in their political careers right now, which may have pushed them toward a cynical but politically expedient alignment. See more stories on Insider's business page. Politics makes for strange bedfellows - and dinner companion...
Tags: Facebook, Politics, Texas, Jimmy Kimmel, Supreme Court, Obama, Congress, Washington Post, Senate, Court, America, Trends, Analysis, Gop, Ted Cruz, Jfk


Biden, on taco run, touts restaurant relief program

By Josh Boak and Alexandra Jaffe | Associated Press WASHINGTON — Setting foot in a restaurant for his first time as president, Joe Biden made a Cinco de Mayo taco and enchilada run to highlight his administration’s $28.6 billion program to help eateries that lost business because of the coronavirus pandemic. The president went to Taqueria Las Gemelas in Washington on Wednesday and ordered lunch. The restaurant, owned in part by Mexican immigrants, was a beneficiary of a pilot version of the rest...
Tags: Business, Politics, News, Washington, Mexico, White House, America, Sport, Joe Biden, Soccer, Associated Press, Biden, Puebla, Cinco de Mayo, National News, JOSH BOAK


With few GOP allies, Ted Cruz took refuge at Mar-a-Lago with former President Trump

Ted Cruz and Donald Trump. AP Sen. Ted Cruz and former President Donald Trump had dinner together on Tuesday night. Trump and Cruz spent years at each other's throats, but Cruz became a loyal ally to Trump during his impeachment. Both face potential roadblocks in their political careers right now, which may have pushed them toward each other. See more stories on Insider's business page. Politics make strange bedfellows - and dinner companions. On Tuesday night, Texas Sen. Ted Cruz...
Tags: Facebook, Politics, Texas, Jimmy Kimmel, Supreme Court, Obama, Congress, Washington Post, Court, America, Trends, Analysis, Gop, Ted Cruz, Jfk, Donald Trump


Australia news live: NSW records new local Covid case in Sydney’s east; PM says India ban is lowering quarantine cases

Man in his 50s tests positive for Covid in NSW; PM says case numbers in the Howard Springs quarantine facility are falling. Follow latest updatesNSW Covid hotspots: Sydney and regional Covid case locationsFull report: Coalition to hold talks with Indian-Australian community leaders as anger mounts over travel banGPs grapple with AstraZeneca shortfalls as pleas for more doses are rejectedAlmost two-thirds of Australians think Covid vaccine rollout is not going well, survey suggests 5.29am BST ...
Tags: Health, Business, Australia, India, US, America, Australia news, Australian immigration and asylum, Coalition, Australian politics, Sydney, Astrazeneca, Vaccines and immunisation, Labor party, Liberal party, Australian economy


America's new climate 'normal' is hotter, wetter, and more extreme

In this Monday, Feb. 1, 2021 file photo, emissions from a coal-fired power plant are silhouetted against the setting sun in Independence, Mo. AP Photo/Charlie Riedel New climate data released Tuesday shows temperatures across most of the US are trending up. The yearly 'normal' temperature for the country reached a record-high of 53.3 degrees over the last 30 years. Climate scientist Mike Palecki said the higher normals were one sign of ongoing climate change. See more stories on In...
Tags: Weather, Science, News, Climate Change, US, America, Los Angeles, Trends, North Dakota, Noaa, National, Associated Press, Michael Mann, Phoenix, National Oceanic And Atmospheric Administration, Fahrenheit


Blinken refuses to call Biden's superpower competition with China a 'new Cold War'

Antony Blinken, Biden's pick for Secretary of State, during his Senate confirmation hearing. Blinken called China "the most significant challenge of any nation state." Alex Edelman-Pool/Getty Images Blinken won't call the US-China competition a new Cold War. "I resist putting labels on most relationships ... because it's complex," Blinken said. Biden has been portraying the US-China standoff as a battle between democracy and autocracy. See more stories on Insider's business...
Tags: Politics, News, Congress, Washington, Senate, China, US, International, America, Trends, Cold War, Joe Biden, Beijing, United States, Biden, Donald Trump


American Families Plan: What’s In It, And How Could It Put Money In Your Pocket?

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Tags: Business, News, America, San Francisco, Joe Biden, United States, Cbs, Biden, Black, EITC, Child Tax Credit, Norm Elrod, American Rescue Plan, American Families Plan, Dependent Care Tax Credit CDCTC, Rescue Plan


Critics say a wealth tax wouldn't work. Argentina just brought in $2.4 billion with one.

Congress in Buenos Aires, Argentina. Natacha Pisarenko/AP A one-off tax on Argentinian's wealthiest brought in around $2.4 billion for pandemic recovery. The measure was passed in December, as worldwide critics of wealth taxes said they weren't feasible. Critics say they're difficult to implement, and the ultrawealthy will dodge them, but Argentina raised more than expected. See more stories on Insider's business page. A one-off wealth tax on the wealthiest Argentinians bro...
Tags: UK, Congress, America, Trends, Bloomberg, Joe Biden, Bbc, Argentina, International Monetary Fund, Biden, Buenos Aires, Imf, Buenos Aires Argentina, Angus Deaton, Leon Cooperman, Congress Read


The incredible life and career rise of Melinda Gates - one of the world's richest and most powerful women

She heads a foundation with a $40 billion endowment. Jamie McCarthy/Getty Images for Bill & Melinda Gates Foundation Melinda Gates is one of the most powerful women in the world, according to Forbes. She could be worth $73 billion if she and Bill Gates split their fortune equally in the divorce. Gates will continue in her role as co-chair of the Bill and Melinda Gates Foundation. See more stories on Insider's business page. Melinda Gates is the fifth most powerful woman in the world, ...
Tags: Science, News, Microsoft, Obama, Bono, Life, Stanford, Africa, Time, US, America, Trends, Features, United States, U2, Aol


The incredible life of Melinda Gates - one of the world's richest and most powerful women

She heads a foundation with a $40 billion endowment. Jamie McCarthy/Getty Images for Bill & Melinda Gates Foundation Melinda Gates is one of the most powerful women in the world, according to Forbes. She could be worth $73 billion if she and Bill Gates split their fortune equally in the divorce. Gates will continue in her role as co-chair of the Bill and Melinda Gates Foundation. See more stories on Insider's business page. Melinda Gates is the fifth most powerful woman in the world, ...
Tags: Personal Finance, Education, Microsoft, Obama, Bono, Life, Finance, Stanford, Africa, Time, US, Careers, America, Trends, Features, United States


The 5 most anticipated TV shows returning in May

"Master of None" season three. Netflix Every month, Insider looks at the most anticipated returning TV shows using data from the app TV Time. It's derived from its US users who use the app to track and react to what they're watching. Netflix's "Master of None" returns for its third season after a four-year hiatus. All except one of the anticipated shows this month are from Netflix. Visit the Business section of Insider for more stories. 5. "Dynasty" season four - The CW, Ma...
Tags: TV, Media, Entertainment, US, America, Trends, Features, Netflix, Streaming, Rotten Tomatoes, Aziz Ansari, Cw, Alex, Indiewire, Sara, Ansari


4 women share how they reached six-figure salaries by turning their passions into careers

Finding work that you're passionate about is the first step to attracting a six-figure salary. Tara Moore/Getty Images The average American salary is between $21,944 to $50,232, from your first job to the time you retire. Earning a six-figure salary is the goal for many people, especially women in business. These four working women say reaching a high salary requires reflection, dedication, and focus. See more stories on Insider's business page. Looking to join the $100,000+ club?...
Tags: Careers, America, Entrepreneurs, Trends, Strategy, Bureau of Labor Statistics, Women In Business, Denver, Nordic, Salary Negotiation, Contributor, Fairley, Tara Moore Getty, Lindsay Tigar, Diamond Reserve, Contributor 2019


Bill Gates is America's biggest owner of private farmland, and his 242,000 acres could be split in his divorce

Bill and Melinda Gates. Kevork Djansezian/Getty Images Bill Gates owns more private farmland in the US than anyone else, an analysis by The Land Report found. His 242,000 acres of farmland stretch across 18 states from Washington to Florida, according to the report. The land could be split between the Microsoft founder and his wife Melinda Gates after their divorce. See more stories on Insider's business page. The Microsoft cofounder and philanthropist Bill Gates owns 242,000 acres of ...
Tags: Asia, Business, Florida, News, Microsoft, Washington, Life, Finance, Africa, US, America, Trends, Wealth, United States, Arkansas, Bill Gates


Book: The New Builders

My long-time business partner Seth Levine has written a book with Elizabeth MacBride titled The New Builders: Face to Face with the TRUE Future of Business. It’s extraordinary – buy a copy now! For many years, Seth has been frustrated about the entrepreneurial narrative around the White male tech founder. He’s been active as an investor and philanthropist around entrepreneurship in rural Colorado and with organizations, such as Entrepreneurship for All, that are focused on accelerating e...
Tags: Books, Colorado, Entrepreneurship, Africa, US, Book, America, Trends, Middle East, Elizabeth, Seth, Feld, Seth Levine, Elizabeth MacBride, Black Brown Female


MSNBC host Joy Reid rips into 'lil' Tucker Carlson for 'fixating on race' and being jealous of her Harvard degree

MSNBC host Joy Reid accused Fox host Tucker Carlson of "making America worse." Screenshot/MSNBC MSNBC host Joy Reid hit back at Fox New host Tucker Carlson for repeatedly calling her "the race lady." Reid, who is Black, argued that Carlson is the one "fixating on race" and often mentions her Harvard degree to fuel his viewers' opposition to affirmative action. Reid accused Carlson of "making America worse" by promoting white supremacist conspiracies and COVID-19 misinformation. See m...
Tags: Politics, News, Media, America, Trends, Fox, Harvard, Racism, Fox News, Ivy League, Fox News Channel, Msnbc, Black, Central Park, Tucker Carlson, Reid



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