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A number to know: Company valuation

$6 billion The market value that Xiaomi Corp. stock lost in a a three-day rout, as analysts have trimmed profit and sales forecasts for the company while China’s martphone market slows down. READ MORE AT BLOOMBERG >

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Business news roundup

Costco sells out of 27-pound mac-and-cheese bucket with 20-year shelf life NEW YORK POST > Alphabet, the parent company of Google, has been sued over its sexual misconduct policy. BBC NEWS > President Donald Trump’s trade war could divide smartphone ...

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Steps for your end-of-year financial checkup

(Brandpoint)

The end of the year is an ideal time to reflect on your financial plan and review your savings and investing approach. Before you say goodbye to 2018, take these steps to maximize your savings and help position your portfolio favorably for the coming year:

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Do Americans want activist CEOs?

Researchers at The Stanford Graduate School of Business and the Rock Center for Corporate Governance looked at the prevalence of CEO activism, the range of positions taken by CEOs and the public’s reaction to activism. DOWNLOAD THE FULL REPORT >

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These are the highest-paid radio hosts

According to Forbes, the highest-paid radio hosts for 2018 are: 1. Howard Stern ($90 million) 2. Rush Limbaugh ($84.5 million) 3. Ryan Seacrest ($74 million) 4. Sean Hannity ($36 million) 5. Glenn Beck ($8.5 million)

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A number to know: Holiday travel

46 million The Transportation Security Administration recently estimated a record 46 million people will fly during the 2018-19 holiday season. READ MORE AT THE WASHINGTON POST >

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California won’t tax text messages

TECH TALK A plan to tax text messages in California has been abandoned by state regulators. California had hoped to add new monthly fees onto wireless customers’ bills to increase funding for programs to help bring connectivity to underserved residents, ...

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Business news roundup

Sales during the holiday shopping season were the strongest in the past six years. REUTERS > Auto buyer preferences are changing. Here’s a look at the cars that will be killed in 2019 USA TODAY > When Mark Cuban needed ...

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Find the right financial planner for you

money-talk

A recent study finds that 52 percent of American households are at risk of not being able to carry their current lifestyle into retirement. It’s important to be smart with your retirement planning and adjusting your strategy based on your ...

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These are the highest-paid authors

According to Forbes, the top 10 highest-paid authors of 2018 are: 1. James Patterson ($86 million) 2. J.K. Rowling ($54 million) 3. Stephen King ($27 million) 4. John Grishmam ($21 million) 5. Jeff Kinney ($18.5 million) 5. Dan Brown ($18.5 ...

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Google+ to shutdown sooner

TECH TALK After inadvertently giving app developers access to information of about 52.5 million Google+ users, Google recently announce it will shutdown its social network four months sooner than it had originally planned. In October, Google said it was closing ...

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Business news roundup

Johnson & Johnson’s internal documents show it kept information about asbestos in baby powder from regulators and the public. REUTERS > There’s a seven-story vending machine that dispenses cars in Indianapolis. No kidding.  INDIANAPOLIS STAR > A year after the ...

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