Login | March 14, 2026
Akron Legal News
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A Benefit of Being 50 or Older
One of the benefits of being age 50 or older is a "catch-up." Created by the Economic Growth and Tax Relief Reconciliation Act of 2001 (tinyurl.com/p6c736e6), catch-ups help future retirees with enhanced opportunities to save on a tax-advantaged basis.
This year (2026), those age 50 and older who are contributing to 4 ... (full story)
Target's new CEO says fresh eyes and respecting core values will help him regain customer trust
MINNEAPOLIS (AP) — Target plans to spend billions of dollars this year to end a persistent sales slump and to regain its image as a fun place to shop for stylish clothing, housewares, beauty products and packaged food at affordable prices.
The CEO guiding the turnaround plan is Michael Fiddelke, who stepped into the chief ... (full story)
Greg Abel praises Warren Buffett and promises Berkshire Hathaway won't retreat from investing
OMAHA, Neb. (AP) — Greg Abel paid tribute to his predecessor Warren Buffett while promising in his first shareholder letter that Berkshire Hathaway won’t retreat from investing or make significant changes in the way it operates.
Abel said he will always maintain Berkshire's financial strength but investors shouldn't ... (full story)
Netflix walks away from Warner Bros deal, clearing the path for Paramount
NEW YORK (AP) — Netflix is walking away from its offer to buy Warner Bros. Discovery’s studio and streaming business, in a stunning move that effectively puts Paramount in a position to take over its storied Hollywood rival.
On Feb. 26, Warner’s board announced that Skydance-owned Paramount’s latest offer ... (full story)
The Strike Price
Q. What's a "strike price" in relation to a stock option? -- B.N., Folly Beach, South Carolina
A. It's the price at which the option (which gives you a right to purchase stock before a certain date) can be exercised. Imagine that you work for Scruffy's Chicken Shack (ticker: BUKBUK) and receive 100 stock options with a ... (full story)