Nicholas Charles Statman

How much money you need to retire at 55 and live on investment income alone until 90

If you want to quit the corporate world 10 or 15 years earlier than most Americans, you’ll need a sizable nest egg to draw from. To find out exactly how much you’d need to invest to retire at 55, we consulted Brian Fry, a certified financial planner and th…

Trump taunts AT&T as the owner of ‘VERY LOW RATINGS’ CNN, praises activist investment in the company (T)

Associated Press President Trump commended Elliott Management’s newly disclosed investment in AT&T on Monday in a series of tweets. “Great news that an activist investor is now involved with AT&T,” Trump wrote in tweet on Monday. “As…

AT&T’s telecoms chief is retiring amid industry upheaval

He’s held the top job in AT&T’s telecoms unit for two years. Donovan’s current remit includes AT&T’s mobile and internet networks, as well as some of the company’s convolutedstreaming platforms — the WarnerMedia unit is in charge of HBO Max. “It’s b…

The chilling economic effects of Brexit uncertainty are intensifying

SINCE BRITAIN voted to leave the European Union (EU) in June 2016, Leavers have been gloating. Despite the Remain camps dire predictions, the economy seemed to trundle on well enough. But the crowing is dying down. Figures released on August 9th showed that B…

Tyson Ventures has invested in a New Wave Foods, a startup making a plant-based shrimp substitute

Tyson Foods is getting into the seafood business. Through the company’s venture capital arm, Tyson is investing in New Wave Foods, a San Francisco-based startup that’s making a plant-based shrimp substitute. The company, founded by marine biologist, Dominiq…

Reduce the Hype, and Find a Plan: How to Adopt an AI Strategy

Investment in AI is moving forward, according to a recent Gartner survey. Organizations that have initiated AI strategies reported that now they have four projects with plans to add six more apiece on average in the next 12 months. They expect to add another …

The chilling economic effects of Brexit uncertainty are intensifying

SINCE BRITAIN voted to leave the European Union (EU) in June 2016, Leavers have been gloating. Despite the Remain camps dire predictions, the economy seemed to trundle on well enough. But the crowing is dying down. Figures released on August 9th showed that B…

How much money you need to retire at 65 and live on investment income alone till 90

Americans may be working longer than ever, but many younger workers still aim to commence their golden years around age 65, according to a 2018 Gallup poll. To find out exactly how much you’d need to invest to retire at 65, we consulted Brian Fry, a certif…

Twitter invests in ShareChat, an Indian social network for regional language users

Twitter announced today it has invested an undisclosed amount into ShareChat, an Indian social media app for local languages. The company led the investment round of $100 million along with TrustBridge Partners, Shunwei Capital, Lightspeed Venture Partners, S…

World Leaders’ G7 Expectations: A Nice Chat, Some Good Wine, No Unity With Trump

Manufacturing output is contracting worldwide, driven by slowdowns in Europe, the United States, China and Japan. Trade activity is also falling, as Mr. Trump and China escalate theirtariffs on each other. Germanys economy shrank in the spring. The trade war…