BizTechNews

Why large-scale wind power is so hard to build

The Bureau of Land Management faces a problem and wants to shake up the rules around wind farm approvals. The problem is straight-forward on its face, but difficult to reconcile logically: Why are so few new large-scale wind projects being built? Despite the fact that nearly everyone – environmentalists, government regulators, and business interests –wants to build more wind farms, ...

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2 Social Security strategies for 1 couple to optimize benefits

Q: My wife hasn’t worked for the last 12 years. She’ll be 62 this November. I’ll be 65 in September. Should she wait until she is 66, or should she collect early retirement at 62? I can’t afford to retire yet, or for the next several years (we have a large mortgage payment). I wasn’t planning on retiring until 70, ...

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Stock averages up 0.4% despite weak jobs data

U.S. stocks ended higher Friday as traders examined a critical monthly report on job growth that could carry implications for Federal Reserve policy. The Dow Jones industrial average, S&P 500 and Nasdaq composite each climbed 0.4%. For the Dow, that translates to a 73-point gain. The jobs report is particularly crucial because the Federal Reserve is closely examining economic data for guidance as ...

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Ready to retire? Not until you read this!

Many of us, no matter our age, feel ready to retire right now, drawn by the prospect of having endless job-free days. Most of us know we’re not quite ready, though, because we haven’t saved enough money yet. And that’s a good way to think about it — that we shouldn’t retire until we’re ready, with all our ducks in ...

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Willy Wonka, entrepreneur extraordinaire

The passing of Gene Wilder brings many thoughts and memories to mind, among them, the time I sat in a theater in Westwood, watching Blazing Saddlesfor the first time and finding Gene sitting right behind me. Like the rest of us, the gifted, gentle, smart, funny man also clearly found the movie he starred in hilarious. And that got me ...

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EpiPen maker ties bonuses to profit targets

Drug maker Mylan (MYL), under fire for sharply raising prices of a life-saving allergy treatment, two years ago urged executives to hit ambitious five-year sales and profit targets with a special incentive plan. If achieved, the special one-time award, offered to more than 100 “key employees,” would mean tens of millions of dollars in bonuses for the executives of the Netherlands-based company. The plan’s ...

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Strong jobs report Friday could break market calm

Is Wall Street’s quiet time coming to an end? The stock market’s eerie quiet — viewed through the prism of tiny daily price swings this summer — could end abruptly Friday in a noisy bout of market volatility if the August jobs report comes in strong and puts the Federal Reserve on track for its first interest rate hike of the ...

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Obamacare rate hikes rattle consumers, could threaten enrollment

Many of next year’s premium rate increases on theAffordable Care Act exchanges threaten to surpass the high and wildly fluctuating rates that characterized the individual insurance market before the health law took effect, interviews with insurance regulators and records show. With dramatic drops in insurance company participation on the exchanges for some states, decreased competition and other factors are leading to often jarring rate hikes. ...

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Samsung ticks forward with new Gear S3 smartwatch

NEW YORK — Samsung is clocking in with a brand new smartwatch. The company unveiled its Gear S3 wristwatch in Berlin, just ahead of the IFA trade show that kicks off in the German capital later this week. The watch will be available in two styles, the Gear S3 Frontier and Gear S3 Classic, but both offer similar features. Samsung hasn’t ...

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These tiny companies are making big money

Want to live large off this stock market? Own small stocks. Gains in shares of small companies are blowing away large-company indexes by a nearly 2-to-1 margin over the past three months. A dozen relatively obscure companies in the S&P SmallCap 600 index, including pawn and consumer loan firmEzcorp (EZPW), materials company Chemours(CC) and a host of small energy companies likePioneer Energy ...

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