The Moneyist: My brother-in-law asked my husband to hide a large inheritance before his divorce

Dear Moneyist, A few years ago, my husband lost a family member abroad whose money was divided equally among my husband’s family. At that time, my husband’s brother was going through a difficult patch in his marriage and wanted to hide the money in my husband’s name in the case of divorce. I disagreed on … Read more

The Wall Street Journal: Interim CEO of USA Gymnastics quits amid fallout of anti-Nike tweet

Four days after being named interim president and CEO of the embattled USA Gymnastics federation, Mary Bono resigned after a recent tweet surfaced in which she criticized U.S. Olympic Committee sponsor Nike. Bono’s tweet showed someone blacking out the Nike swoosh on a pair of shoes, and appeared days after the shoe company launched an … Read more

The Wall Street Journal: Google to charge phone makers for pre-installed apps in Europe, to comply with antitrust order

For phone makers selling devices in Europe, Google-owned apps like Gmail, YouTube and Google Maps are about to get a new feature: a price. Alphabet Inc.’s GOOGL, +2.78% GOOG, +2.66%  Google said Tuesday that it will start charging device manufacturers license fees to pre-install Google apps on devices running the company’s Android operating system in … Read more

The Ratings Game: Chip stocks bounce back, but Morgan Stanley has concerns about the future

Even with Tuesday’s bounceback, chip-related stocks are caught in a downdraft fueled by concerns of oversupply, and analysts at Morgan Stanley don’t think the sector is quite out of the woods yet. The PHLX Semiconductor Index SOX, +3.31%  rallied to finish up 3.3% Tuesday for its largest one-day percentage gain since March 26, while the … Read more

The Wall Street Journal: Elizabeth Warren seeks answers from investment firms that liquidated Toys ‘R’ Us

The decision by five investment companies to pull the plug on a Toys “R” Us reorganization earlier this year is coming under fire from Sen. Elizabeth Warren. In an Oct. 16 letter to the companies, Warren, D-Mass., asked why the investment firms had pressed to liquidate the retailer amid viable options to reorganize it and … Read more

The Wall Street Journal: SEC rules fee increase by NYSE, Nasdaq were not justified

WASHINGTON — The Securities and Exchange Commission on Tuesday ruled the country’s biggest exchanges didn’t justify increases in fees they charge for certain market-data products that brokers and traders consider essential to their business. The commission, in an order released Tuesday, overturned a prior approval of fees charged by the New York Stock Exchange and … Read more

Earnings Results: IBM is shrinking again, and so is its stock price

International Business Machines Corp. shares fell in the extended session Tuesday after the tech giant topped Wall Street expectations for quarterly earnings but not for revenue, which declined again as it had done for years before 2018. IBM IBM, +2.83%  shares fell 4% after hours, following a 2.8% rise to close the regular session at … Read more

Target aims to fill the void left by Toys ‘R’ Us with 250,000 square feet dedicated to toys

Target Corp. said Tuesday that it will introduce nearly a quarter-of-a-million square feet of additional space across more than 500 stores for toys, an effort to snap up market share left by the liquidation of Toys ‘R’ Us. The new spaces will be launched on Nov. 2, and will accommodate large items like outdoor playsets … Read more