I woke up Sunday morning from my apartment in Manhattan to a flood of text messages from friends and family. The night before, New York City had erupted in protests, following the killing of George Floyd, an unarmed black man, at the hands of Minneapolis police. Normally, I take long walks, runs or bike rides around New
Month: May 2020
Jeff Bezos, founder and CEO of Amazon, pictured on September 13, 2018. Bloomberg | Getty Images Jeff Bezos is investing in U.K. digital freight forwarding and supply chain finance firm Beacon, Sky News reported Sunday, without stating its sources. The Amazon CEO and world’s richest man is taking part in Series A fundraising worth $15
Self-made billionaire and Microsoft co-founder Bill Gates doesn’t recommend many business books. “In my experience, it is rare to find one that really captures what it’s like to build and operate an organization or that has tips you could really put into practice,” he writes on his blog, GatesNotes. But there’s a new business book
Workers who can do their jobs from home are being forced to do so by the coronavirus, and many of these workers feel fortunate, even if they feel that they are working harder. Miguel Pereira | Getty Images As the coronavirus has forced businesses, restaurants, stores and theaters across the country to shut down, a
Detroit’s newly-revitalized Woodward Ave. A one-mile stretch of Woodward became the first … [+] concrete-paved road in the country in 1909. Getty What do the protests engulfing the country have to do with public pensions? More than you’d think. Here’s some reporting coming out of Detroit, via the Detroit Free Press. “Following a script seemingly
US Treasury Secretary Steve Mnuchin shows US President Donald Trump a pre-paid debit card during a … [+] meeting with his cabinet on May 19, 2020 in the Cabinet Room of the White House in Washington, DC. – The card will be issued by the Internal Revenue Service to distribute nearly 4 million dollars in
Clear pool fences are just one of the biggest design trends of the season. Aquaview Pool fencing As we transition into summer amidst a pandemic, spending time outdoors becomes more important. Although stay at home orders have been lifted in many states, there are still restrictions in some locations. Plenty of people remain cautious and
Ford is resurrecting a well-known model of the Mustang called Mach 1, a performance version of the pony car that first debuted in the late 1960s. The company released this teaser image of the vehicle May 29, 2020. Ford Ford Motor is resurrecting a well-known model of the Mustang called the Mach 1, a performance
Like Apple‘s, Google‘s and Amazon‘s founders before him, in 2013 Chieh Huang launched bulk grocery and household goods e-commerce company Boxed out of a garage — his parents’ two-car garage in New Jersey, to be exact. In 2018, Huang sold a minority stake in Boxed to Japan’s Aeon Group, in a deal that valued the company at $600
Steven Mnuchin, U.S. Treasury secretary, holds up a debit card to be used to distribute Covid-19 relief funds to the public during a cabinet meeting in the East Room of the White House in Washington, D.C., U.S., on Tuesday, May 19, 2020. Kevin Dietsch | Bloomberg | Getty Images Have you received a pre-paid debit
Getty The Internal Revenue Service (IRS) has announced a game-changer: later this summer, taxpayers will be able to file Form 1040-X, Amended U.S Individual Income Tax Return, electronically. Before this year, you could only amend your tax return by paper. At the best of times, that could mean a six-to-eight week wait for processing. And these are not
A Mamaroneck, N.Y. house on Long Island South with 7 bedrooms, 8 baths, on 1.269 acres. The asking … [+] price is $4,995,000 and a contract was signed on 5/11/2020. The house was originally listed in 2018 for $7.495,000 Coldwell Banker Over three days in April, National Football League commissioner Roger Goodell hosted the draft
Signage for Hertz Global Holdings Inc. stands at a rental location in Berkeley, California, U.S., on Tuesday, May 5, 2020. David Paul Morris | Bloomberg | Getty Images Ongoing distress in the rental car market due to the coronavirus pandemic, highlighted by Chapter 11 bankruptcy filings of Hertz and the parent company of Advantage Rent A
On Friday, May 22, I flew from Los Angeles, where I currently live, back home to Charlotte, North Carolina, to be closer to family right now. Planes have been flying emptier the past few months: U.S. air travel demand is down about 90% from a year ago and 73% of U.S. flights are less than
University of Michigan tiny-al | Getty Images Although the upcoming academic year remains in limbo, the University of Michigan said it is taking steps to bring students back on campus in the fall. “The average student is very anxious to get out of mom and dad’s basement and come back to school,” President Mark Schlissel
TOPLINE New York Governor Andrew Cuomo said in a press conference on Friday that his state is coming “close” to the bottom of the curve, with five regions now set to begin a phase 2 reopening. Most of the states regions have begun a phase 1 reopening. Chip Somodevilla/Getty Images KEY FACTS The number of
Getty As the country opens up from the Covid-19 lockdown, the Small Business Administration (SBA) continues to release FAQs for the Paycheck Protection Program or PPP loans. Yet the additional information being released is causing stress for both borrowers and tax professionals alike. “The guidance for the Paycheck Protection Program has to be the most
Pandemice-era lockdowns have heightened homeowner interest in highly customized kitchens featuring … [+] Italian craftsmanship. ITALKRAFT With COVID-19 forcing folks to hunker down over the past two months, kitchens around the country have become more than ever the heart of the home. They’re the focal point not just for cooking meals but for school work,
The Crew Dragon capsule sits on top of the SpaceX Falcon 9 rocket at Launch Complex 39-A at Kennedy Space Center, Fla., Friday, May 29, 2020. Joe Burbank | Orlando Sentinel | Getty Images CAPE CANAVERAL, Fla. — SpaceX is going for its second attempt on Saturday to launch NASA astronauts after severe weather postponed
Check out the companies making headlines before the bell: Big Lots — Big Lots is the latest discount retailer to report a strong quarter amid the pandemic, earning an adjusted $1.26 per share compared with a 40 cent consensus estimate. Revenue exceeded forecasts as well, with same-store sales jumping 10.3% compared with a 1% FactSet
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