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
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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
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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
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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
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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,
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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
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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
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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
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