Exterior of Alibaba Group Beijing Headquarters on November 10, 2019 in Beijing, China. VCG | Visual China Group | Getty Images China’s Alibaba beat quarterly revenue estimates on Thursday as its core e-commerce business thrived due to people preferring to shop online for essentials, even as coronavirus-related restrictions eased. Revenue rose to 153.75 billion yuan
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When Melati Wijsen set out to rid Bali of plastic bags at the age of 12, she could hardly have imagined it would catapult her onto the world stage, leading a global movement of young social activists. But then, that’s the power of her generation. “Everything is happening in our lifetime, so we are pulled
For the colleges that still plan to bring students back to campus, there is no shortage of expenses associated with in-person instruction. From Covid-19 tests to new standards for cleaning and disinfecting, the costs are adding up. For students, that is translating into new fees on an already sky-high tuition bill. More from Personal Finance:Here’s
You can bypass capital gain taxes and generate a tax deduction by donating cryptocurrency such as bitcoin to qualified charities. However, if you don’t do careful tax planning, it is highly likely that you will reduce or in some cases completely eliminate the full tax benefit you can get from crypto donations. To understand how
Getty Images On Monday, August 17th, I reported on the over 1,150 lawyers who cannot get licensed in Florida any time soon because the July exam that was moved to August is now moved to a yet to be determined day in October. We hope that this is October of 2020! Monday’s article can be found
Award-winning cookbook author and TV personality Mark Bittman is also an authority on the … [+] intersection between food and public health. Mark Bittman Mark Bittman is to food and cooking what Neil DeGrasse Tyson is to astrophysics: Your go-to expert for making a complex topic easy to understand and a thorough pleasure. He is the
U.S. President Donald Trump speaks during a news conference in the James S. Brady Press Briefing Room at the White House in Washington, D.C., on Tuesday, Aug. 11, 2020. Jim Lo Scalzo | EPA | Bloomberg | Getty Images President Donald Trump urged universities to continue reopening their campuses on Wednesday, even as some institutions
A woman wearing a protective mask passes a homeless person during the coronavirus pandemic on May 12 2020 in New York City. John Lamparski | Getty Images Victoria’s Secret owner L Brands booked a surprise profit and better-than expected revenue during the latest quarter, sending its shares higher in after-hours trading Wednesday. Sales fell 20% during
Trevor Williams Companies should “watch out” for millennials when it comes to how environmental, social and governance issues influence where they invest their money, according to the head of ESG governance at PR firm Edelman. Chuka Umunna, a former British lawmaker, told CNBC’s “Squawk Box Europe” on Wednesday that around $24 trillion of wealth, in
Thousands of people in California are under evacuation orders as dozens of wildfires continued to ravage parts of the state on Wednesday with an unrelenting heatwave and high winds making firefighting conditions difficult. Governor Gavin Newsom has declared a state of emergency during evacuations and rolling blackouts and called on the California National Guard to
An artist’s rendition of Dynetics’ HLS lander on the Moon’s surface. Dynetics The race to return U.S. astronauts to the Moon has a dark horse seeking an upset. A few months ago NASA awarded three teams with contracts to develop competing options for the agency to use to deliver people to the lunar surface as
People wait for their numbers to be called at an unemployment event in Tulsa, Oklahoma, on July 15, 2020. Photo by Nick Oxford for The Washington Post via Getty Images Some workers got an extra $300 in unemployment benefits this week. That aid will start flowing to others in coming days. But thousands of out-of-work
The message about fees is worth digging into further, as it presents one of the biggest objections made to variable annuities. Variable annuities have generally come under attack for the higher internal costs relative to an unprotected investment portfolio. But it is important to frame the issue of variable annuity fees in terms of the
MILWAUKEE, WI – AUGUST 18: Democratic presidential nominee Joe Biden has a virtual conference call … [+] at the party’s convention. (Photo by DNCC via Getty Images) DNCC via Getty Images Democratic presidential nominee Joe Biden would raise taxes by about $4 trillion over the next decade, nearly all on businesses and high-income households. While
TOPLINE Home-sharing giant Airbnb has filed confidential paperwork for an initial public offering, the company announced Wednesday, paving the way for a potential public markets debut later this year. Airbnb has resumed its efforts to go public this year, despite fallout from the pandemic. Stefanie Keenan/Getty Images KEY FACTS The company announced that it had
Shoppers wearing protective masks wait in line to enter a Lowe’s Cos. store in San Bruno, California, U.S., on Wednesday, May 20, 2020. David Paul Morris | Bloomberg | Getty Images Lowe’s on Wednesday said its second-quarter revenue surged 30% as consumers spent more on home improvement projects while stuck in the house. Shares of the
An airplane of Mahan Air sits at the tarmac after landing at Sanaa International Airport in the Yemeni capital on March 1, 2015. Mohammad Huwais | AFP | Getty Images WASHINGTON — The Trump administration slapped fresh sanctions on two United Arab Emirates-based companies for providing material support to Iran’s largest airline, the Treasury Department said Wednesday.
A person wears a protective face mask outside of an United States Post Office on the Upper West Side as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on August 16, 2020 in New York City. Noam Galai | Getty Images JPMorgan Chase, the biggest U.S. bank
The pay gap between top corporate executives and workers is staggering – in 2019, CEO realized pay increased 14% from 2018 to an average of $21.3 million, a new study by the Economic Policy Institute (EPI) shows. The increase was thanks to “rapid growth in vested stock awards and exercised stock options tied to stock market
People stand in line outside the Apple store on Fifth Avenue as New York City moves into Phase 2 of re-opening following restrictions imposed to curb the coronavirus pandemic on June 30, 2020. Noam Galai | Getty Images Apple is one of the big tech engines pulling the market higher, but it is unique in