A tax break for preserving land has drawn IRS scrutiny. Here’s when it still makes sense
For wealthy landowners, conservation easements can still make sense if you avoid these IRS red flags.
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Comcast earnings highlight NBCUniversal strength ahead of planned split
Comcast said earlier this year it would split the cable businesses from the media business, creating two separate publicly traded companies.
American Airlines slashes 2026 earnings outlook as fuel costs spike
American Airlines further cut its 2026 earnings outlook, citing higher fuel costs/
China's Geely to make EVs at Ford plant in Spain under new joint venture
Ford and Geely plan for the joint venture will begin operations in the first half of 2027, with the first new vehicles scheduled to roll off the line in 2028.
Eli Lilly says it will file for approval of next-generation obesity drug in 2027 as it clears two more trials
There are now positive results from five late-stage trials on retatrutide, which Lilly is positioning as the next pillar of its obesity portfolio.
Senate panel advances China auto bill that could bar Mercedes-Benz from U.S.
Mercedes-Benz’s largest individual shareholder is Chinese state-owned BAIC. Cruz warned the bill could hurt Mercedes and accused GM of backing it.
EU antitrust regulators clear Paramount-WBD merger as it faces challenge by U.S. states
EU antitrust regulators clear Paramount-WBD merger as it faces challenge by U.S. states
Renting a yacht in the Mediterranean this summer just got cheaper
Summer charters in the Med are down 20% to 30% from last year, yacht brokers say, with a growing number offering special discounts for July and August.
Nike to cut off thousands of online distributors in China, restructure digital footprint
Nike is streamlining its online business in China as the company looks to stabilize pricing and branding and get back to growth.
RFK Jr. says cyclospora outbreak is 'under control'
Health and Human Services Secretary Robert F. Kennedy Jr. on Tuesday said that the ongoing outbreak of cyclosporiasis is "under control" despite criticism.
Goldman Sachs creates private markets platform as rich investors seek the next SpaceX and Stripe
Goldman Sachs is launching a new alternative investments platform aimed at giving wealthy clients and family offices direct stakes in private companies.
GM announces new gas-powered Cadillac vehicles amid EV pullback
GM CEO Mary Barra said Tuesday the next-generation Cadillacs will include new versions of the CT5 sedan, XT5 midsize SUV and discontinued three-row XT6 SUV.
Wall Street is selling more rental homes, as buying ban takes effect
The largest landlords are all net sellers year-to-date, with 3,180 more homes sold than bought since Jan. 1.
Novo Nordisk sues Eli Lilly, alleging misleading GLP-1 advertising
Novo asked the court to permanently stop Lilly from running the "deceptive" ads and require the drugmaker to issue corrective advertising.
Jamie Dimon says markets underestimate risks and he wouldn't buy stocks or Treasurys at current prices
Comments from JPMorgan Chase CEO Jamie Dimon contrast with investors' recent willingness to look past wars, tariffs and other shocks.
General Motors is set to report earnings before the bell. Here's what Wall Street expects
Wall Street analysts expect General Motors to report adjusted earnings per share of $3.20 and revenue of $47.01 billion.
Jamie Dimon says markets underestimate risks and he wouldn't buy stocks or Treasurys at current prices
Comments from JPMorgan Chase CEO Jamie Dimon contrast with investors' recent willingness to look past wars, tariffs and other shocks.
The FDA made a big reversal in its cyclosporiasis probe, but it still thinks iceberg lettuce is to blame
The FDA's investigation into the source of the cyclosporiasis outbreak is causing confusion as companies and consumers alike navigate new updates.
Paramount and Warner Bros. merger hit with temporary restraining order
A California judge granted a temporary restraining order as part of the lawsuit brought by state attorneys general due to antitrust concerns.
JetBlue wins Spirit slots at LaGuardia Airport, eyes move to Marine Air Terminal as airlines fight for space
JetBlue Airways won takeoff and landing slots for up to 12 round-trip flights at LaGuardia Airport.