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Why the Bezos phone hack is a wake-up call (FT.com - US)
Forbes HeadlinesJan 23, 2020
How Founders Can Pay Zero Taxes On Up To $10 Million
Qualified Small Business Stock (QSBS) allows founders and investors to potentially pay zero federal income tax on $10m or 10x on an initial investment if the five conditions below are met.

MarketWatch MarketPulseJan 23, 2020
Broadcom: Deals with Apple could be worth $15 billion
Broadcom Inc. disclosed Thursday afternoon new deals with Apple Inc. worth $15 billion, and shares moved higher in extended trading. In a filing with the Securities and Exchange Commission, the chip maker said that it had signed two multiyear statement of work agreements with the iPhone manufacturer for components that will be included in Apple products beginning this month. The two deals are in addition to an agreement to supply RF chips that Broadcom disclosed last summer. Broadcom said that the two new deals as well as the rest of the previously disclosed contract would lead to, in aggregate, $15 billion in revenue for the company. Broadcom shares gained about 2% in the after-hours trading session Thursday, while Apple supplier Skyworks Solutions Inc.'s shares declined despite a strong earnings report released Thursday afternoon.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Reuters Company NewsJan 23, 2020
METALS-Copper set for biggest weekly drop in 17 months amid China virus scare
London copper edged higher on Friday after the World Health Organization (WHO) said a new coronavirus outbreak in top metals consumer China is not yet a global emergency, but prices were set for their biggest weekly drop in 17 months. Benchmark three-month copper on the London Metal Exchange (LME) rose 0.4% to $6,010.50 a tonne by 0400 GMT, but was on track for its biggest weekly loss since August 2018. In the previous session, copper prices dropped

Google Business NewsJan 23, 2020
Shooting in Seattle: Police searching for suspects after woman killed and 9-year-old boy wounded in downtown Seattle - CBS News
Shooting in Seattle: Police searching for suspects after woman killed and 9-year-old boy wounded in downtown Seattle  CBS News1 Killed, 5 Wounded In Shooting In Crowded Downtown Seattle Neighborhood | TIME  TIME1 suspect arrested, 2 at large after Seattle's deadly 3rd Avenue shootout  KOMO News1 dead and 7 injured, including 9-year-old boy, in mass shooting on downtown Seattle sidewalk  Seattle Times

MarketWatch MarketPulseJan 23, 2020
U.S. oil futures mark lowest settlement since late November
Oil futures fell sharply on Thursday, sending U.S. prices to their lowest settlement since late November, as the spread of coronavirus raised worries about the global economy and energy demand. "All markets are watching the situation with China" and the coronavirus, said Tariq Zahir, managing member at Tyche Capital Advisors. "Energy markets could see a rather [large] impact on demand, especially if this virus gets worse." March West Texas Intermediate oil fell $1.15, or 2%, to settle at $55.59 barrel on the New York Mercantile Exchange. That was the lowest front-month contract finish since Nov. 29, according to Dow Jones Market Data.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

MarketWatchJan 23, 2020
Cannabis Watch: Cannabis accessories maker KushCo hopes to list on Nasdaq after closing SEC inquiry
KushCo Holdings Inc. said late Thursday that the Securities and Exchange Commission has decided not to pursue an enforcement action against the company, potentially paving the way for the cannabis-focused vape and package maker to list its stock on the Nasdaq.

SEC.gov Updates: News DigestJan 23, 2020
4 - TELEDYNE TECHNOLOGIES INC (0001094285) (Issuer)
2020-01-23 0001094285-20-000019 7 KB

Grubhub launches Ultimate technology that adds digital pickup and other perks (MarketWatch MarketPulse)

NPR Topics: BusinessJan 23, 2020
Don't Be Like Jeff Bezos. Here's How To Keep Your Phone Safe From Hackers
The world's richest man and high-tech mastermind, Jeff Bezos, allegedly was hacked by the crown prince of Saudi Arabia. What do you need to know to protect your phone from perhaps less royal attacks?
KiplingerJan 21, 2020
5 Ways Your 401(k) Is a Tax Trap (and What to Do about It)
Just about every financial expert I know advises savers to contribute to their company's 401(k) plan -- at least enough to receive the employer's matching contribution.

I can't argue any differently.

That company match is free money -- a bonus from the boss -- so why not cash in if you can?

And, of course, the tax breaks are another bonus. Because the money comes out of your paycheck before taxes are calculated and compounds every year without a bill from Uncle Sam, investing in a defined contribution plan is bound to make April 15 more tolerable.

Not a bad deal, right?

Until you're ready to retire, that is. That's when a 401(k) (or 403(b) or traditional IRA) suddenly becomes the worst possible retirement plan, from a tax perspective, a saver could have. Here's why:

SEE ALSO: The 9 Types of People You'll Meet in Retirement Written by Michael Reese, CFP®, the founder and principal of Centennial Advisors LLC, which has offices in Austin, Texas, and Traverse City, Mich. Michael's vision is to help American retirees "re-think" how they manage their financial portfolios during their retirement years.

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