Inmate firefighters prepare to put out flame on the road leading to the Reagan Presidential Library during the Easy Fire in Simi Valley, California on October 30, 2019. Mark Ralston | AFP | Getty Images Deadly wildfires are still ripping through California, decimating land and homes and forcing thousands of people to evacuate. But first responders lack
Month: August 2020
Former Vice President Joe Biden, Democratic presidential nominee, speaks during the Democratic National Convention at the Chase Center in Wilmington, Delaware, U.S., on Thursday, Aug. 20, 2020. Stefani Reynolds | Bloomberg | Getty Images Joe Biden accepted the Democratic presidential nomination on Thursday night, which could be the beginning of a series of reforms for
Kevin O’Leary told CNBC on Thursday that he does not believe Democratic presidential nominee Joe Biden would impair the stock market if the former vice president were to defeat President Donald Trump in November. “I don’t think Biden is going to hurt the markets at all if he gets elected. His hands are tied,” the
HARTFORD, WISCONSIN – AUGUST 17: Mailboxes from across the country are stored outside of Hartford … [+] Finishing Inc. where they will be refurbished or repaired on August 17, 2020 in Hartford, Wisconsin. A viral photo of the mailboxes has been misused on social media as evidence of the Trump administration tampering with the United
On August 18, 2020, the IRS released the draft Form 1040 for the 2020 tax year. As you can see in the snippet below, the controversial virtual currency question (At any time during 2019, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency?) the IRS first introduced for
SHANGHAI, CHINA – APRIL 12: Adam Neumann, co-founder chief executive officer of WeWork, and Victor … [+] Fung Kwok-king (R), chairman of Fung Group, attend a signing ceremony at WeWork Weihai Road flagship on April 12, 2018 in Shanghai, China. World’s leading co-working space company WeWork will acquire China-based rival naked Hub for 400 million
Monique Hernandez registered nurse at Riverside community hospital is overcome with emotions during a memorial and candle light vigil for Hollywood Presbyterian Nurse Celia Marcos who died two days after testing positive for Coronavirus at Hollywood Presbyterian Medical Center in Los Angeles on Wednesday, May 6, 2020. Keith Birmingham | MediaNews Group | Pasadena Star-News
A man walks outside of a Walmart in China. Tomohiro Ohsumi | Bloomberg | Getty Images Walmart’s online shopping strategy is paying off in China, arguably one of the most developed e-commerce markets in the world. The giant discount retailer reported Tuesday that net e-commerce sales in China grew 104% from a year ago in the
Apple CEO Tim Cook delivers the keynote address during the 2020 Apple Worldwide Developers Conference at Steve Jobs Theater in Cupertino, California, June 22, 2020. Brooks Kraft | Apple Inc. via Reuters The blistering rally that pushed Apple‘s market value over $2 trillion this week is showing no signs of slowing. Shares of Apple jumped
Former White House Chief Strategist Steve Bannon exits the Manhattan Federal Court, following his arraignment hearing for conspiracy to commit wire fraud and conspiracy to commit money laundering, in the Manhattan borough of New York City, New York, U.S. August 20, 2020. Andrew Kelly | Reuters A little-known not-for-profit run by Steve Bannon, and now
Jeffrey Ubben Source: BusinessWire Jeffrey Ubben is betting on widescale adoption of clean energy through his new fund Inclusive Capital Partners, which he launched in June after stepping away from ValueAct to focus on sustainable investing full time. His fund is the lead investor in a company being formed through a partnership between Schneider Electric
The Federal Emergency Management Agency, which is overseeing program funding, had approved 13 states to offer the extra unemployment benefits as of around noon ET on Friday. Those states are: Arizona, Colorado, Idaho, Iowa, Kentucky, Louisiana, Maryland, Michigan, Missouri, Montana, New Mexico, Oklahoma and Utah. Seven others — Alabama, Alaska, Arkansas, California, Indiana, Texas and West
President Donald Trump speaks during a rally at Yuma International Airport in Arizona on Aug. 18. Brendan Smialowski | AFP | Getty Images Employers and payroll companies have less than two weeks to put President Donald Trump’s payroll tax deferral in place. It’s looking like an uphill battle. The president signed an executive order on
By Grace Birnstengel, Next Avenue Editor “I’m sometimes a bit lonely, but I’m adjusting,” says Louise Jackson, 83, of the pandemic. Courtesy of Louise Jackson Nearly six months into the pandemic, the biggest change to Carmen and Bernie Rollins’ lives is a lack of spontaneity. The retired couple in San Bernadino County’s Upland, Calif., ages
getty Feeling overwhelmed and not sure how to handle those overdue notices from the Internal Revenue Service (IRS)? You aren’t the only one. Taxpayers have been complaining about the receipt of notices showing a balance due with impossible deadlines. How many notices went out? According to the Taxpayer Advocate, during the pandemic-related shutdown, the IRS generated
Many real estate agents thinks the proposed pied-à-terre tax would have a dampening effect on an … [+] already sluggish market. getty New York State lawmakers have made a few attempts over the years to institute a one-time fee on the purchase of luxury-priced non-primary residences, but the so-called pied-à-terre tax has not come to
The U.S. has not yet had a “true second wave” of the coronavirus and the country could see a resurgence of the virus in the fall and winter, former Food and Drug Administration Commissioner Dr. Scott Gottlieb told CNBC on Friday. “I think most peoples’ perception is we had one epidemic in New York, in
Target CEO Brian Cornell said he’d like to see Congress strike a stimulus deal, but he credited closed movie theaters and canceled summer vacations for the retailer’s blowout quarter during the coronavirus pandemic. The lockdowns across the U.S. that forced consumers inside also sent them to its store and website to shop, Cornell said on
Traders work after the closing bell at the New York Stock Exchange (NYSE) on August 12, 2019 at Wall Street in New York City. Johannes Eisele | AFP | Getty Images U.S. stock futures rose on Thursday night as traders were set to end a week which saw the broader market reach a record level.
Travel planning has changed — and not in a good way. In addition to booking a flight and hotel, travelers are faced with questions that were unthinkable just six months ago. Where can I go? Do I need a negative Covid-19 test result to enter? Must I quarantine upon arrival? If I’m allowed in, should
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