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Demystifying OTC and SaaS

Q. What does "OTC" mean? -- E.L., Forest Hills, Michigan
A. The letters stand for "over the counter." While thousands of securities trade on the New York Stock Exchange or Nasdaq Stock Market, thousands of others are traded over the counter in the U.S. -- meaning not on a major stock exchange. Those typically ... (full story)


As head of the actors guild, Sean Astin brings a little Rudy, a little Samwise, and a lot of fight

As head of the actors guild, Sean Astin brings a little Rudy, a little Samwise, and a lot of fight

LOS ANGELES (AP) — Sean Astin has taken on the presidency of the SAG-AFTRA at a particularly perilous time for the actors union, and for Hollywood. There's the threat of human actors being replaced by artificial intelligence. The ongoing upheavals of streaming. Studio consolidation and realignment.
Nearly three years ago, ... (full story)


What to know about student loan repayment plans and collections

What to know about student loan repayment plans and collections

NEW YORK (AP) — It's been a confusing time for people with student loans. Collections restarted, then were put on hold. At the same time, borrowers had to stay on top of changes to key forgiveness plans.
Last year, the long-contested SAVE plan introduced by the Biden administration ended with a settlement agreement. Presid ... (full story)


Disney parks chief Josh D’Amaro will take over for Bob Iger as CEO

Disney parks chief Josh D’Amaro will take over for Bob Iger as CEO

Disney has named its parks chief Josh D’Amaro to succeed Bob Iger as the entertainment giant's top executive.
D’Amaro will become the 9th CEO in the more than 100-year-old company's history. He has overseen the company’s theme parks, cruises and resorts since 2020. The Experiences division has been a substantia ... (full story)


Musk vows to put data centers in space and run them on solar power but experts have their doubts

Musk vows to put data centers in space and run them on solar power but experts have their doubts

NEW YORK (AP) — Elon Musk vowed last week to upend another industry just as he did with cars and rockets — and once again he's taking on long odds.
The world's richest man said he wants to put as many as a million satellites into orbit to form vast, solar-powered data centers in space — a move to allow expanded ... (full story)