Valentin Stalf, founder and CEO of N26, speaks on stage at the Digital Life Design innovation conference. Lino Mirgeler | picture alliance via Getty Images German digital bank N26 is grappling with discontent from some of its employees, who are trying to organize a works council to express their concerns with management. Staff at the
From near death in a hotel fire to expectations of immortality, here are some memorable quotations from media tycoon Sumner Redstone. “Content is king.” — Redstone’s credo that some say he, rather than Bill Gates, coined. “I was enveloped in flames. The fire shot up my legs. The pain was searing. I was being burned
President Donald Trump in the Cabinet Room of the White House on Aug. 3. Doug Mills-Pool/Getty Images) President Donald Trump signed a measure on Saturday to boost unemployment pay by up to $400 a week. That could help millions of jobless Americans pay their bills at a time when job prospects are slim and prior relief —
Despite average January temperatures that drop below zero, Fargo is the only city that’s been on Forbes’ Best Places to Retire list 10 years in a row. The grisly Oscar-nominated comedy Fargo opens with a blinding white landscape, the fog of a blizzard obscuring flat plains blanketed with snow as far as the eye can
Forbes compared more than 750 locales in America, measuring everything from housing costs and taxes to healthcare and air quality. These are the top 25 cities for retirees. Before the Covid-19 pandemic, Timur and Pamela Lacey had flown from their Los Angeles-area home to Austin and Atlanta and were planning trips to Dallas, Savannah, Ga.,
VC firm Fifth Wall seeks to help the real estate industry build scalable carbon-reducing solutions. Jeff Newton Studio LLC In our current model of capitalism, carbon emissions and environmental harm resulting from business operations are externalities that can be largely ignored by businesses and investors. But, as consumers, policymakers and society at large begin to
The global health crisis has sped up the adoption of digital payments and the industry is now more important than it ever was, PayPal CEO Dan Schulman told CNBC’s Jim Cramer Thursday. “What I think what’s happened is the world has accelerated from physical to digital across almost every industry,” he said in a “Mad
A jogger passes in front of the New York Stock Exchange (NYSE) in New York, on June 17, 2020. Michael Nagel | Bloomberg | Getty Images U.S. stock futures were flat on Thursday night after the S&P 500 failed once again to reach its record high from February. Dow Jones Industrial Average futures were up
The number of empty apartments for rent in Manhattan soared to their highest level in recent history, topping 13,000, as residents fled the city and landlords struggled to find new tenants. The number of apartments for rent, or listing inventory, more than doubled over last year and set a new record in the 14 years
Saul Loeb | AFP | Getty Images Congress is at an impasse when it comes to how to help millions of Americans recover from the economic fallout of the coronavirus pandemic. Now, a report from Democrats on the Joint Economic Committee of Congress shows that one group — workers age 55 and older — are
As the U.S. and Chinese governments battle over the fate of TikTok, with tech giants including Microsoft vying to acquire the popular social media app, advertising guru Gary Vaynerchuk says small business owners also have a big TikTok opportunity to exploit. “It’s really hard to go on Twitter, Instagram, YouTube, or Facebook right now and
Most pre-retirees badly underestimate their health care costs in retirement. While no individual has any idea what his health care needs are at some distant point, a look at the averages is pretty frightening. Medicare has significant gaps in coverage. Let’s say a couple both age 65 retired today. They would need an additional $285,000
Palestinian fighters with Ezz-Al Din Al-Qassam Brigades, the armed wing of the Hamas movement, rest … [+] on a sidewalk during a patrol in Khan Yunis in the southern Gaza Strip on January 26, 2020. (Photo by SAID KHATIB / AFP) (Photo by SAID KHATIB/AFP via Getty Images) AFP via Getty Images The Justice Department has
With China minting so many technology and healthcare billionaires of late, it’s easy to forget that the real estate industry is the main source of wealth for many of the country’s richest. China’s urbanization rate, an indicator of real estate demand, increased to more than 60% last year from only about a fifth in the
Executive Director of the World Health Organization’s (WHO) emergencies program Mike Ryan speaks at a news conference on the novel coronavirus (2019-nCoV) in Geneva, Switzerland. Denis Balibouse | Reuters The World Health Organization said Thursday there is “no evidence” the coronavirus is being transmitted through food. Researchers in China are studying the issue, and the
The Robinhood investment app is see on a smartphone in this photo illustration on June 24, 2020 in Washington,DC. Jim Watson | AFP | Getty Images Robinhood is raking in more money than ever on customer trades as new investors flood the stock market during the pandemic. Despite not charging customers to trade, the Silicon
Shoppers walk past a Coach outlet store. Luke Sharrett | Bloomberg | Getty Images Coach and Kate Spade owner Tapestry said Thursday its sales online during the latest quarter surged a triple-digit percentage from a year ago, as consumers stuck at home during the coronavirus pandemic flocked to its websites for handbags, pajamas and other whimsical accessories.
Apple and Tesla have both announced stock splits recently and CNBC’s Jim Cramer on Wednesday revealed 10 stocks of companies that he would like to see follow suit to reduce high trading prices. The stock split, in which a company increases substantially its number of outstanding shares while preserving its market value, will attract and give
Geber86 | E+ | Getty Images Whether you’re hiding from the pandemic at your beach house or your cabin in the woods, the taxman is on your trail. It’s been five months since the coronavirus hit the U.S. and forced millions of people to hunker down indoors. The pandemic has nudged some individuals to flee
A security guard wearing a protective mask gives a shopper hand sanitizer at a store in San Francisco, California, during a phase of reopening in June. Michael Short | Bloomberg | Getty Images After 102 days with no community spread of Covid-19, New Zealand on Tuesday announced four new cases that were transmitted locally, causing