AppLovin stock soars as company weighs selling apps business, Wall Street applauds strategic shift

AppLovin Inc. shares soared Thursday after Wall Street was supportive of the app-monetization company plan to shift focus to its higher-margin software business and treat its lower-margin app segment like a standalone business, parts of which it could sell following a strategic evaluation. AppLovin APP, + 34.57% shares climbed as much as 46% to an … Read more

My family owns land that has been in our family for 100 years. I would like to leave this land to my wife. But what if she remarries?

Dear Quentin, I would like your advice on ways that I could structure my will. We live in Ohio, but I own property in Nebraska that has been in the family for over 100 years. My father farms on it through a life estate, and it is worth roughly $ 200,000. My wife and I … Read more

How Businesses Can Navigate the Difficult Waters Posed by a Roe Repeal

Text size Corporate America would accomplish little by protesting a Supreme Court decision, writes Kathryn Wylde, but it still has a role to play. Sarah Silbiger / Getty Images About the author: Kathryn Wylde is president and CEO of the Partnership for New York City. The leaked draft of a Supreme Court decision reversing Roe … Read more

Elon Musk suggested getting into the lithium business, and these surging stocks show why

Lithium is becoming a lucrative business as electric vehicles become more prevalent, and miners are enjoying the rewards. Albemarle Corp. ALB, + 9.31% blew away earnings and revenue projections in a first-quarter earnings report Wednesday afternoon and executives added $ 1 billion to their annual sales forecast, sending shares up nearly 20% in after-hours trading. … Read more

Opinion: AMD will finally give investors its data-center data as business soars

Advanced Micro Devices Inc.’s data-center business will finally get its own spotlight. After reporting record sales Tuesday and predicting another record this quarter, AMD AMD, + 1.44% Chief Financial Officer Devinder Kumar said that beginning in the second quarter, the chip maker will delineate sales specifically from the division that has boosted its stock in … Read more

This mayor wants to give every poor family in her city $ 500 a month

In Cambridge, Mass., Every family living below the federal poverty level will soon get a monthly payment of $ 500, Mayor Sumbul Siddiqui announced this week – making the city the first in the country to expand cash assistance to all locally impoverished households, her office said. To qualify, a family has to earn less … Read more

AT&T’s Last Quarter With WarnerMedia Was Messy. But the Telecom Business Shines.

Text size The AT&T logo is displayed at a store in Washington. Stefani Reynolds / AFP via Getty Images AT&T delivered strong growth on the subscriber front in its last quarter with a media business, as the new telecom-only company looks to its next chapter. Results for the first quarter were messy, reflecting segments AT&T … Read more

Selling a company? A financial advisor can help you.

Many business owners have most of their wealth locked up in their business. But they do not always have a firm plan for what will happen when they want to back down. This is where financial advisors can play an important role. Most business owners wait too long to consider leaving, and many do not … Read more

Iluka Separates Sierra Rutile Business – Update

Author: Rhiannon Hoyle Iluka Resources Ltd. she said on Wednesday she intended to unbundle the mineral sand business in Sierra Leone, which she had bought five years ago, to focus on her Australian operations, including the rare earths raid. Iluka acquired its business in Sierra Rutile in December 2016 in an effort to expand its … Read more

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