Kevin O’Leary told CNBC on Friday the coronavirus crisis has shown that remote working is good for employees and a business’s bottom line. “Productivity is significantly higher when you give people what they want,” the “Shark Tank” investor said on “Squawk Box.” ”Maybe they’re taking care of an aged parent, maybe they’re raising kids, maybe they don’t want to
By Kerri Fivecoat-Campbell, Next Avenue Contributor Getty Whether you had to cancel a vacation due to the coronavirus pandemic or are itching to plan one, you’re probably buzzing with travel questions. So, Next Avenue spoke to a few experts for their best advice. After months of quarantine living, some people lately have begun leaving home
TOPLINE In an increasingly confrontational approach to China, President Trump announced new targeted sanctions against Chinese officials on Friday, while also directing his administration to remove special exemptions for Hong Kong. “We will take action to revoke Hong Kong’s preferential treatment,” Trump said. Doug Mills-Pool/Getty Images KEY FACTS Trump announced that he would impose new
This design by Alchemy architects is their lighthouse 310SF – 14 X22 Sq Ft. Rendering courtesy of Alchemy Architects Alchemy Architects has teamed up with Plant Prefab to build a good variety of Accessory Dwelling Units (ADUs) called lighthouse LivingHomes in CA. With a large shortage of housing in this area, these units will provide
A customer at a bank in Mogadishu, Somalia on June 7, 2015. Abdulfitah Hashi Nor | AFP | Getty Images The coronavirus pandemic is leaving migrant workers unable to send money or goods home to families, cutting off a vital lifeline for communities already under siege from a barrage of external shocks. Remittance flows to
Box forecast annual revenue above analysts’ estimates and beat targets for quarterly sales on Wednesday, as demand rises for its online collaboration tools due to the global shift to work from home caused by the Covid-19 pandemic. Box is the latest to signal the lift from firms increasingly using video conferencing and other remote work
A Chinese and U.S. flag at a booth during the first China International Import Expo in Shanghai, November 6, 2018. Johannes Eisele | AFP | Getty Images Stock futures slipped on Thursday night as traders braced for an upcoming news conference on U.S.-China relations from President Donald Trump. Dow Jones Industrial Average futures dipped 52 points,
Alex Sanchez, 25, has aspirations to be a millionaire by 30. And he’s on track: Sanchez earns more than $200,000 a year from his full-time job as an overhead lineman. However, he sees real estate as his path to wealth. Currently, he owns five rental properties around Chicago and rents them out to five families.
Never has the money sitting in your 401(k) retirement savings plan looked so enticing. Thanks to the CARES Act stimulus package Congress passed in March, if you’ve been negatively impacted by the coronavirus pandemic, you can pull up to $100,000 from your retirement account through the end of the year, without being dinged the usual 10% early withdrawal
By David Jarmul, Next Avenue Contributor Kate Szerszen watches Alan Teasley’s online OLLI class about Stephen Sondheim Dennis Szerszen “Folks, this is a big experiment,” Alan Teasley laughed, as he began his online adult education class about Stephen Sondheim with a song from West Side Story, using the Zoom videoconferencing technology. During the next hour,
A new report finds that small businesses in the South are growing sharply. But other economic data still show stagnation across the board. KISSIMMEE, FLORIDA, UNITED STATES – 2020/05/23: People enjoy a raft ride at Island H2O Live! water … [+] park as the attraction becomes the only major water park in the Orlando area to
Many homeowners want to refinance existing mortgages to take advantage of record-low interest rates. Getty Mortgage rates have been hitting record lows during the economic downturn and could fall even further. Lenders have responded to the increased economic uncertainty by raising minimum credit scores, requiring higher down payments, checking and rechecking employment status and eliminating
Delta Air Lines passenger planes are seen parked due to flight reductions made to slow the spread of coronavirus disease (COVID-19), at Birmingham-Shuttlesworth International Airport in Birmingham, Alabama, U.S. March 25, 2020. Elijah Nouvelage | Reuters Delta Air Lines offered retirement and buyout packages to employees on Thursday, an effort to cut costs as the coronavirus
Pedestrians are reflected in the window of an Abercrombie & Fitch store in New York. Craig Warga | Bloomberg | Getty Images Abercrombie & Fitch‘s sales tanked 34% during the first quarter, the company announced Thursday, as its stores were forced shut during the coronavirus pandemic, and people purchased less apparel as they were holed
Goldman Sachs Group Inc. signage is displayed on a monitor on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, Oct. 7, 2016. Michael Nagle | Bloomberg | Getty Images Goldman Sachs isn’t convinced there’s a case for investing in cryptocurrencies like bitcoin. Crypto evangelists — perhaps unsurprisingly —
Everyone has their own way of relieving pandemic stress – Bethenny Frankel, for example organizes her home, while Kevin O’Leary takes long bike rides. For billionaire Bill Gates, reading and watching TV and movies helps “stem the tide” of anxiety amid the Covid-19 pandemic, he said in a blog post on May 18. “I’m often asked about what I am reading
Squaredpixels | E+ | Getty Images If you’re like most Americans, you are probably watching Capitol Hill closely to see if new relief legislation will include another round of stimulus checks. To ensure you get that money, you would also be wise to do something else – file your federal tax returns, if you haven’t
Businesses across the country are starting to reopen, but the economy could still face a bumpy road. The economy could take years to rebound as it faces longer-term challenges from the sharpest downturn in history, according to Moody’s Analytics chief economist Mark Zandi. “The damage to the economy already has been too significant, there’s going
Photographer Frank Gallagher Courtesy of Frank Gallagher Why are so many Americans over 65 self-employed? If you’re thinking the answer lies in Nelly’s lyrics, “Hey, must be the money!” you are mistaken. At least that’s what three researchers found in their recent research looking at self-employment and contract work by age. “In some cases, financial
The House has passed a bill to expand PPP loans in keys ways. The Senate has its own version to be considered next week. This bill is not yet law, but it the Senate acts favorably and the President signs it, it would make key improvements. Allowing loan forgiveness for expenses beyond the 8-week covered period to