- BusinessMarketWatch•4 hours ago
These are the highest (and lowest) paying jobs in every state across the country
Last week, Microsoft MSFT, -0.03% founder Bill Gates dropped some knowledge on his vast Twitter following and pointed college grads to artificial intelligence as one of the “promising fields where you can make a huge impact.” The future may, indeed, be rosy for those working with robots, but in the present, a life in scrubs looks to be the call if earning a big paycheck is a priority. As you can see by this map, health care is where the money’s at. In fact, the professions with the highest wages in each state across the country are all from the health-care sector, according to cost-estimating website HowMuch.net, which crunched data from the Bureau of Labor Statistics. For example, anesthesiologists
BusinessThe Street•4 hours agoWhy Apple's $92B Debt Load Isn't Entirely Harmless
Apple's (AAPL) $800-billion-plus market cap and its quarter-of-a-trillion dollar cash balance have generated plenty of attention recently. But the tech giant's debt load, which now includes nearly $92 billion in long-term debt and more than $100 billion when including operating leases and corporate paper, according to Moody's, deserves a look as well. The tech giant just closed on the sale of $7 billion worth of notes across various maturity dates on Thursday, according to an SEC filing. Apple has used debt to pay dividends, buybacks and other priorities, while its cash piled up overseas. The financial logic is clear. Covering low-interest debt is much cheaper than facing a 35% corporate tax
- BusinessThe Street•11 hours ago
Walmart Has Started Doing Something Ground-Breaking in China That Should Terrify Amazon
Through its partnership with Chinese online direct sales company JD.com (JD) , Walmart CEO Doug McMillon revealed on an earnings call Thursday that the retailer was able to launch one-hour delivery from 80 stores in China, faster than the two-hour service it provided last year. Walmart operates 433 stores in China, including 15 of its members-only warehouse format Sam's Club. Last June, Walmart announced its deal with JD, China's second-largest online retailer after Alibaba (BABA) , under which JD took control of Walmart's Chinese e-commerce business, although the U.S. retailer still operates all of its direct-to-consumer sales. The partnership was anticipated to better position Walmart in China, where historically it had trouble driving sales.
