Sony could have a new PSVR headset in the works
A report by Bloomberg hints at an upgraded model for PS5. We already knew that the PS5 would support Sony’s PlayStation VR headset. That makes sense: the new console will be backwards compatible with PS4 software, which presumably includes every VR-enabled title. What we didn’t know, however, was the future of the PSVR platform and […]
Google might finally pay news outlets for their content
The company may be working on something similar to Apple News+. Google is considering paying news publishers for their content, The Wall Street Journal reports. The company is reportedly in talks with publishers about licensing fees. The details are still sparse, but it sounds like Google could be working on a news subscription service like […]
Pandora’s Apple Watch app can stream music without an iPhone
As long as you have a WiFi or data connection, you won’t need your phone close by. Next time you go for a run or to the gym, you might be able to leave your phone behind but still listen to whatever music you want on the fly if you’re a Pandora premium subscriber. The […]
Kraft Heinz sees a 5.1% decline in net sales in the fourth quarter
Kraft Heinz sees a 5.1% decline in net sales in the fourth quarter. Kraft Heinz delays revealing its turnaround strategy from March to May. Kraft Heinz is trading 41% lower as compared to January 2019. Kraft Heinz had plans of revealing its turnaround strategy in March. Following a downbeat sales report on Thursday, however, the […]
Bombardier completes exit
Bombardier gets out of commercial aviation, sells C Series stake Bombardier Inc. is completing its exit from commercial aviation as the plane-and-train maker sells its remaining stake in the A220 jetliner for nearly $600 million. Bombardier said Thursday it has entered into an agreement with Airbus SE and the Quebec government in which the company […]
Sun Life profits surge
Sun Life fourth-quarter profits surge 24 per cent to $719 million Sun Life Financial met expectations as its net income surged 24 per cent to $719 million in the fourth quarter. The Toronto-based insurer says it earned $1.22 per share in the three months ended Dec. 31, up from 96 cents per share or $580 […]
Canadian Tire profits up
Canadian Tire fourth-quarter profit beats expectations Canadian Tire Corp. saw its profit grow beyond analyst expectations in its most recent quarter, though its revenue missed the mark. The Toronto-based retailer reported profit attributable to shareholders of $334.1 million or $5.42 diluted earnings per share for the quarter ended Dec. 28. That’s compared with $254.3 million […]
Those annoying required withdrawals from your IRAs just got changed
It’s the bane of some older Americans. Once they hit a certain age, the government makes them take money out of their retirement accounts, even if they don’t need the cash. That is changing, albeit slowly. The recently passed Secure Act raises the age for when those required minimum withdrawals must begin — to 72 […]
How much you should have in savings at each life stage
Spending can be a whole lot more enjoyable than saving. But when life throws a nasty curveball and you wind up in the hospital or your car dies on the interstate, you’ll definitely want a financial cushion to fall back on. At the most basic level, savings enable you and your family to enjoy the […]
There’s now a record number of 401(k) and IRA millionaires, according to Fidelity
Thanks to record-breaking markets and more retirement savings, the number of 401(k) and IRA millionaires has reached a new record, according to Fidelity. Fidelity, the largest 401(k) provider in the United States, released its quarterly analysis Thursday. The report on retirement trends has become increasingly relevant as baby boomers retire in record numbers. The study […]