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GE has nearly halved its U.S. workforce in 3 years, with more job cuts likely

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General Electric Co. stock is certainly in recovery mode, as it has more than doubled off its 2020 lows, but part of those gains have come at the expense of the industrial conglomerate’s workforce. In a 10-K filing with the Securities and Exchange Commission on Friday, GE GE, +2.05% said it employed a total of about 174,000 people globally at the end of … [Read more...] about GE has nearly halved its U.S. workforce in 3 years, with more job cuts likely

Disney stock dips after earnings as analyst asks: ‘How many times can investors get paid for the same thing?’

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For a company exposed to many of the areas hit hardest by the pandemic, Walt Disney Co. has seen its stock hold up well, thanks largely to the company’s progress in streaming video and optimism about an eventual reopening. Now with the company’s business slowly showing signs of improvement, including a surprise profit in Thursday afternoon’s earnings report amid smaller than … [Read more...] about Disney stock dips after earnings as analyst asks: ‘How many times can investors get paid for the same thing?’

What to do if you lost money on GameStop, AMC, or other ‘meme stocks’

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Photo by: STRF/STAR MAX/IPx 2021 2/2/21 GameStop, AMC and Silver stock prices plunge as Reddit short-squeeze loses steam. STAR MAX Photo: GameStop, AMC, Reddit, Robinhood, WallStreetBets, Stock Graphs and logos photographed off Apple devices..GameStop (GME) is nowhere near the price level it was at the end of January as the stock’s meteoric rise captivated the country in a … [Read more...] about What to do if you lost money on GameStop, AMC, or other ‘meme stocks’

I’m 64, single, considering retirement after fighting cancer — I have $1.6 million. Should I retire?

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Thank you for helping people with their retirement. Here is my situation and look forward to your comments.I am 64 years old, single, and live in the Bay Area of California. I was diagnosed with cancer in July 2019 and stopped working in November of 2019. I went on disability for a year, through November 2020. The cancer treatments were successful and I am now cancer-free.  … [Read more...] about I’m 64, single, considering retirement after fighting cancer — I have $1.6 million. Should I retire?