BC-Money & Markets Extra Digest
For the week ending Saturday, April 6, 2019
MONEY MATTERS-CAR SHARING
A growing number of Americans are struggling to make their car payments, but a new crop of companies are offering alternative ways for drivers to get rid of costly vehicles or earn money while their cars would normally sit idle.
THE WEEK IN REVIEW
Kellogg sells Keebler, other brands for $1.3 billion; CVS expands same-day prescription deliveries; Target raises minimum wage to $13 an hour.
Some people are better spenders than savers, but while delayed gratification is important for building wealth, it can also backfire.
WIRELESS & CASHLESS
What Apple’s laser-etched, titanium Apple Card lacks in financial perks, it makes up for in novel privacy and security features.
SMALL BUSINESS MONITOR
Buying a franchise allows small business owners to get experience without the risks of coming up with an idea and implementing it.
Silicon Valley “unicorns,” startups worth at least $1 billion, have begun making their way to Wall Street.
Pet owners switching to fresh food for their dogs and cats; Jailed “Pharma Bro” given solitary confinement; Lithuanian traveler gets private flight when no one else buys a ticket
OFF THE CHARTS-SHARE BUYBACKS
U.S. corporations spent a record amount buying back their own shares last year, using 2017’s tax-cut windfall to reward shareholders rather than to invest or expand their businesses.
INSIDER Q&A-AMERICAN PETROLEUM INSTITUTE
Mike Sommers, head of oil and gas industry lobbyist American Petroleum Institute, talks to The Associated Press about the energy industry, climate change, offshore drilling and other issues.
If you invested $1,000 at the start of this year in various types of stocks, bonds and commodities, how much would you have now?
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