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Why BlackBerry's Turnaround Hasn't Happened, And 'By All Accounts, It Isn't Likely To': Expert Explains
Wednesday, January 5, 2022 - 3:16pm | 532BlackBerry Ltd (NYSE: BB) was one of the most popular meme stocks of 2021, and high hopes for the former smartphone maker’s turnaround efforts as a cybersecurity company sent shares soaring from under $7 to a high of $28.77 in January 2021. Unfortunately, the rally fizzled out from there as...
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Billionaires Use Complex Strategies to Avoid Taxes on Stock and Real Estate Deals
Monday, November 21, 2011 - 2:26pm | 755According to a fascinating new Bloomberg article from Jesse Drucker, billionaires are frequently paying even less in taxes than their current rock-bottom rates. Drucker reports that the average effective tax rate for the top 400 U.S. taxpayers in 2008 was just 18%, but many of the super-rich are...