People wearing personal protective equipment (PPE) carry the body of a person who died from the coronavirus disease (COVID-19), during a mass cremation, at a crematorium in New Delhi, India April 26, 2021. Adnan Abidi | Reuters The Biden administration will restrict travel from India as that country grapples with a gigantic surge in coronavirus
Month: April 2021
In this article GOOGL MSFT AMZN AAPL FB L-R: Mark Zuckerberg, CEO of Facebook, Satya Nadella, CEO of Microsoft, and Sundar Picahi, CEO of Google. Reuters | Getty Images The tech industry is really two industries. There are the five giants, which operate at an almost unimaginable scale, and then there’s everybody else. Alphabet, Amazon,
zhongguo Sustainability-focused funds attracted record inflows during the first quarter, pushing global assets under management in ESG funds to nearly $2 trillion, according to a report from Morningstar released Friday. The rise underscores the momentum behind ESG investing, or when environmental, social and governance factors are considered. Assets in these types of funds first topped
Warren Buffett (L), CEO of Berkshire Hathaway, and Vice Chairman Charlie Munger attend the 2019 annual shareholders meeting in Omaha, Nebraska, May 3, 2019. Johannes Eisele | AFP | Getty Images Warren Buffett will kick off Berkshire Hathaway‘s annual shareholder meeting this Saturday riding high, with shares of the conglomerate at a record and its
President Joe Biden attends the Democratic National Committee’s “Back on Track” drive-in car rally to celebrate his 100th day in office at the Infinite Energy Center in Duluth, Georgia, April 29, 2021. Evelyn Hockstein | Reuters People who earn more than $400,000 would be subject to the 3.8% Medicare tax, if President Joe Biden’s new
eric1513 | iStock | Getty Images Things are looking up for the 44 million Americans saddled with student loans. President Joe Biden has said he supports canceling $10,000 in student loans per borrower. Facing pressure from other Democrats, progressives and borrowers, Biden has now also asked his Education secretary to prepare a memo on his
President Joe Biden speaks during a joint session of Congress at the U.S. Capitol on April 28, 2021. Bloomberg | Bloomberg | Getty Images Some business owners may have breathed a sigh of relief when the White House released details of President Joe Biden’s tax plan. That’s because he indicated family owned businesses and farms
When COVID-19 first shutdown the economy, fears spiraled, ranging from would businesses survive, to could this destroy the American economic system and ruin the future of retirement. It turns out, from a retirement perspective, the more things changed, the more they stayed the same. With vaccination rates rising, the end of the pandemic is within
In this installment of Willis Weighs In, Tax Notes contributing editor Benjamin M. Willis talks with Anthony J. Nitti, partner at RubinBrown LLP, about the court cases that make up the foundation of tax law. Here are a few highlights from their discussion, edited for length and clarity. Willis: We are here today to talk about something
In this week’s look at properties abroad, I took a look at how the high-end housing supply in Manhattan stacks up against two traditionally second-home markets in Honolulu and the French Alps. From a custom oceanfront compound in Honolulu to a sophisticated chalet in Courvechel to a designer-done apartment on Park Avenue, here’s a sample
US President Joe Biden speaks on the anniversary of the start of the Covid-19 pandemic, in the East Room of the White House in Washington, DC on March 11, 2021. Mandel Ngan | AFP | Getty Images In his first 100 days in office, President Joe Biden signed into law a $1.9 trillion coronavirus relief bill,
In this article QSR-CA Jose Cil, CEO of Restaurant Brands International, speaks during an interview with CNBC on the floor at the New York Stock Exchange, November 6, 2019. Brendan McDermid | Reuters Restaurant Brands International on Friday reported quarterly earnings that topped Wall Street’s expectations as its systemwide sales surpassed 2019 levels. Shares of the company
Employees during a press visit to the first shale gas exploring site started by Chevron in Pungesti, Romania, April 2014. Mircea Restea | AFP | Getty Images After a brutal year for the energy sector, Chevron reported a profit for the first quarter of 2021 as a recovery in oil prices boosted operations. The company’s
The list of places that’s welcoming vaccinated people is growing by the week. Proof of vaccines is easing travel restrictions to some places, and is the only way travelers can gain entrance to others. Yet from health forms to testing protocols, travel remains complicated even for the immunized. Rules differ from one country to the
William Thomas Cain | Getty Images About 2 million $1,400 stimulus checks have been issued in a seventh batch of payments. The total number sent to date is now approximately 163 million, for a total of about $384 billion. As with previous rounds of the third stimulus checks, this batch includes money issued to people
There is some good news to come out of 2020 and 2021 after all, and it’s concerning the 401(k)-retirement investment vehicle. Employers and Employees alike stand to reap significant benefit from new legislation that represents some of the most sweeping changes to the retirement space in decades. On January 1st, 2021, the Setting Every Community
More than one year into the Covid-19 pandemic, we are seeing stronger signs of economic recovery. And although the pandemic may be inducing some real changes in the American economy, its biggest impact is acceleration and deepening of pre-pandemic trends, especially inequality. Wednesday’s new estimated GDP figures confirm the overall economic rebound. In the first quarter of
Mike McMullen is the CEO of Prominence Homes and the author of Build. Rent. Sell. Repeat! If you invest in housing you’ve probably used the “1% rule” to judge a potential property’s rate of return. For the uninitiated, the 1% rule states that, in order to be a good investment, a home needs to generate at least
Private jet charter company VistaJet has outlined plans to reach carbon neutrality by 2025 in a bid to get the aviation industry’s sustainability goals off the ground. The strategy includes carbon offsetting schemes contributing to forest protection in Zimbabwe and the Brazilian Amazon, as well as the option for customers to pay extra for sustainable
In this article F Getty Images DETROIT – Ford Motor easily beat Wall Street’s expectations for the first quarter despite an ongoing global semiconductor chip shortage causing low inventories and factory closures. So why are shares of the automaker down by as much as 10.4% during intraday trading Thursday? The negative reaction by investors is
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