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Looking to sell a primary or vacation home? Here’s how the IRS looks at those sales very differently.

REAL ESTATE MATTERS | The federal government gives a huge tax break to homeowners who have lived in their homes for two out of the past five years and have used that home as their primary residence. Not so with a vacation home......»»

Category: topSource: washpostApr 5th, 2021

GameStop reports $215 million loss in fiscal 2020, misses fourth-quarter expectations

Despite video games having a huge year in 2020, and two new consoles launching, GameStop's lost $215 million in fiscal 2020. Aimee Dilger/SOPA Images/LightRocket via Getty Images .....»»

Category: topSource: businessinsiderMar 23rd, 2021

The Tell: Why Goldman Sachs sees a ‘buying opportunity’ in oil’s recent selloff

Oil futures post a loss of more than 6% this week, the largest since October, but analysts at Goldman Sachs this week suggest that prices are merely taking a break from a rally in crude that's set to continue......»»

Category: topSource: marketwatchMar 19th, 2021

Palmer Luckey"s Anduril builds huge new HQ in former Times printing plant

Flush with military and border patrol contracts, Palmer Luckey's defense-tech company is building a new Orange County headquarters to accommodate up to 2,100 employees -- in a building that once housed The Tim.....»»

Category: topSource: latimesFeb 3rd, 2021

GameStop short-sellers Melvin Capital and Citron surrender bearish bets after 700% rally drives huge losses

The Citron managing partner Andrew Left said in a video that most of his firm's position was covered at "a loss of 100%." A GameStop store. Mairo Cinquetti.....»»

Category: smallbizSource: nytJan 27th, 2021

Uber Just Can’t Catch a Break in Q1

Ride-sharing firm Uber posted a fourth fiscal quarter net loss of $1.70 per share and $3.54 billion in revenue. The consensus estimates called for a net loss of $0.83 per share and $3.51 billion in........»»

Category: blogSource: 247wallstMay 7th, 2020

Warren Buffett says coronavirus cannot stop America, despite huge Berkshire loss

Warren Buffett on Saturday gave an upbeat assessment of the United States' ability to withstand crises, even as he acknowledged that the coronavirus pandemic could have a wide range of impacts on the economy and his investments......»»

Category: topSource: reutersMay 2nd, 2020

Deep oil output cuts won"t offset unprecedented demand loss: IEA

Deep output cuts by OPEC and other oil producing nations will not prevent a huge build up of crude, the head of the IEA said on Friday, urging the world's richest economies to discuss broader ways to stabilise oil markets......»»

Category: topSource: reutersApr 3rd, 2020

Futures Movers: Oil prices fall as plunge in global demand sets prices up for a 5th straight weekly drop

Oil futures trade lower Friday,with a huge drop in demand as result of the global COVID-19 pandemic setting prices up for their fifth weekly loss in a row......»»

Category: topSource: marketwatchMar 27th, 2020

For the sports-entertainment business, coronavirus is taking a huge toll

Broadcasters for whom live sports are a major draw for both viewers and advertisers are facing the potential loss of millions as professional and college sports games are cancelled or postponed......»»

Category: personnelSource: nytMar 21st, 2020

For sports-entertainment business, coronavirus is taking a huge toll

Broadcasters for whom live sports are a major draw for both viewers and advertisers are facing the potential loss of millions as professional and college sports games are cancelled or postponed......»»

Category: smallbizSource: nytMar 20th, 2020

One Huge Mistake Leaders Make in Preparing for the Coronavirus Pandemic

It's inherently uncomfortable to prepare for the realistic pessimistic scenario. A behavioral scientist explains why it could make or break your company......»»

Category: topSource: moneycentralMar 14th, 2020

Cargo Leasing Services To Close San Antonio Operation

Cargo Leasing Services, also known as CLS Express, is citing the loss of "certain customer contracts" as the reason it will permanently close its San Antonio operation and lay off 60 employees. read more.....»»

Category: blogSource: benzingaMar 12th, 2020

Joe Biden is poised to take a huge 2020 loss in New Hampshire primary and go home without delegates a week after disastrous Iowa caucus showing

Photo by Sean Rayford/Getty Images Former Vice President Joe Biden had a disastrous showing in the New Hampshire primary on Tuesday, where he is on pace to finish in fifth place with abou.....»»

Category: topSource: businessinsiderFeb 11th, 2020

Joe Biden poised to take a huge 2020 loss in New Hampshire primary a week after disastrous Iowa caucus showing

Photo by Sean Rayford/Getty Images Former Vice President Joe Biden had a disastrous showing in the New Hampshire primary on Tuesday, where he is on pace to finish in fifth place with about 8% of the vote, as of 8 pm ET.  Notabl.....»»

Category: topSource: businessinsiderFeb 11th, 2020

Ford reports $1.7 billion loss, weak 2020 forecast

Ford shares nosedived after the automaker reported earnings that missed Wall Street’s estimates. Yahoo Finance’s Jared Blikre joins Seana Smith on The Ticker to break down the details......»»

Category: topSource: moneycentralFeb 5th, 2020

Chevron loses $6.6B after huge writedown of North American shale

Chevron reported a fourth-quarter loss of $6.6 billion, or $3.51 a share, as revenue fell 14 percent to $36.3 billion......»»

Category: topSource: foxnewsJan 31st, 2020

EOG Resources expects Q4 loss of $62.3M on derivative contracts

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJan 21st, 2020

GameStop Reports Huge Q3 Earnings Miss, Guidance Cut

GameStop Corp. (NYSE: GME) shares are falling following a massive third-quarter earnings miss. Adjusted earnings came in at a loss .....»»

Category: earningsSource: benzingaDec 10th, 2019

Britain’s Election Gamble—What You Need to Know

Britain is going to the polls for the third time in five years in a general election intended to break the deadlock over Brexit. The Dec. 12 vote is a huge gamble for Prime Minister Boris Johnson and his Conservative Party. That’s because hard-t.....»»

Category: topSource: washpostDec 10th, 2019