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As you inch closer to retirement, here are three big-picture things you need to think through to be financially and emotionally prepared.
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Conservative mayoral candidate Susan Hall has promised to scrap the Ulez expansion, dismissing claims there were financial holes in her manifesto as 'absolute nonsense'. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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Southwest Drops Service to 4 Airports , Amid Boeing Problems.<br/>On April 24, Boeing announced that it will keep production levels lower so that it can focus on the quality and safety of its planes.<br/>The announcement comes after the company has experienced backlash over safety issues, .<br/>such as the incident on Jan. 5 in which a door plug flew off of an Alaska Airlines plane. .<br/>On April 25, Southwest Airlines said that <br/>Boeing delivery delays have caused the company <br/>to stop serving four airports, CNN reports. .<br/>The recent news from Boeing <br/>regarding further aircraft delivery <br/>delays presents significant <br/>challenges for both 2024 and 2025, Southwest CEO Bob Jordan, via statement.<br/>We are reacting and replanning <br/>quickly to mitigate the operational <br/>and financial impacts. , Southwest CEO Bob Jordan, via statement.<br/>Consequently, we have made the <br/>difficult decision to close our <br/>operations [at the four airports], Southwest CEO Bob Jordan, via statement.<br/>The four airports that will be affected are <br/>Bellingham International Airport, <br/>Cozumel International Airport.<br/>Syracuse Hancock International Airport and George Bush Intercontinental Airport.<br/>Southwest also revealed that it <br/>lost $218 million in Q1 2024.<br/>However, revenue was at $6.3 billion, <br/>an 11% increase from last year.<br/>The revenue increase came from an <br/>uptick in passenger traffic, CNN reports.<br/>Southwest shares dipped 7% in <br/>premarket trading on April 25
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In 2023, global military spending saw a significant 7% increase, reaching $2.43 trillion, the highest surge since 2009, according to a report by the Stockholm International Peace Research Institute (SIPRI).
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The failures of Silicon Valley Bank and peers like First Republic Bank made 2023 the most tumultuous year for the banking industry since the 2008 crisis, but for some small community banks, the chaos hardly registered.<br/><br/>City Holding Co., the parent company of West Virginia's City National Bank with $6.2 billion in assets, is based in the capital city of Charleston, in a region of Appalachia known for coal. West Virginia is a state whose population of 1.8 million is on the decline, but president and CEO Skip Hageboeck sees that as an asset instead of a drawback. Major banks don’t reinvest much in West Virginia and surrounding towns in Virginia, Ohio and Kentucky to compete for customers, and City National has steadily increased its market share. Thanks to its focus primarily on retail banking rather than catering to businesses, just $894 million out of $5.1 billion (17.5%) in deposits are uninsured, according to its most recent call report, compared with 41% of total deposits at all U.S. banks.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/hanktucker/2024/04/04/americas-best-banks-2024/?sh=2fd50226d762<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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RHL Ventures is a Malaysian-based Multi-Stage Venture Capital firm investing across Southeast Asia. Our mission is to support visionary entrepreneurs in building the next generation of disruptive companies. With extensive experience and a vast network, RHL Ventures provides a unique combination of financial backing, strategic guidance, and operational expertise to unlock the full potential of our portfolio companies.
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Mark Zuckerberg has outlined three strategies for Meta Platforms to monetize its substantial investments in artificial intelligence (AI.)
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Trump Media & Technology Group's stock price jumped over 9% after the company's CEO, Devin Nunes, asked House GOP leaders to investigate possible \
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The Biden administration finalized a new rule to ensure financial advisors, brokers, and insurance agents act as fiduciaries and put client interests ahead of their own. Under current rules, advisers can recommend higher-commission investments that may not be best for clients. It takes effect September 23rd and is estimated to impact around 5 million savers and boost retirement accounts by up to 20% over a lifetime. Critics warn it could make professional retirement assistance more expensive and difficult to access. Supporters say it protects investors from conflicts of interest and improper investment recommendations.
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Ark Invest purchased a total of 29,230 shares of Tesla across its ARK Innovation ETF<br/>ARKK, ARK Autonomous Technology & Robotics ETF ARKQ, and ARK Next Generation Internet ETF ARKW. <br/><br/>The purchase came after Tesla’s Q1 earnings report revealed a year-over-year revenue drop of 9%, missing Wall Street’s consensus estimate.<br/><br/>The value of the Tesla shares purchased by Ark Invest, based on the closing price of $144.68 on Tuesday, amounts to approximately $4.3 million. This move follows Ark Invest’s acquisition of over $17 million in Tesla shares the previous day, ahead of the first quarter results announcement.
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The Cupertino-based tech giant has revised its Vision Pro shipment estimates to 400,000-450,000 units for 2024, down from the initial 700,000-800,000 units. The changes have forced Apple to reconsider its overall headset strategy, said analyst Ming-Chi Kuo.
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Tesla reports first-quarter revenue of $21.3 billion, down 9% year-over-year.<br/><br/>The automaker says it is working to lower costs moving forward.
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