CHICAGO, ILLINOIS – MAY 07: A closed sign hangs in the window of a Neiman Marcus store that has been … [+] shuttered by the COVID-19 pandemic on May 07, 2020 in Chicago, Illinois. Neiman Marcus filed for bankruptcy today, making it the first major retailer to seek bankruptcy protection since the economic collapse brought
Month: May 2020
Governments and health officials are trying to strike a balance between reopening economies and staving off a second wave of infections. Meanwhile drugmaker Moderna received a “crucial” FDA approval for phase 2 trials of its vaccine candidate. Weekly jobless claims data lies ahead. This is CNBC’s live blog covering all the latest news on the
Jeff Lawson Abigail Stevenson | CNBC Twilio shares were up as much as 25% in extended trading on Wednesday after the company reported first-quarter results and quarterly guidance that surpassed analysts’ estimates. The company’s shares exceeded the $149.95 record close from July 2019. The company reported: Earnings: 6 cents per share, adjusted Revenue: $364.9 million Revenue grew
A man wearing a mask walks by the New York Stock Exchange (NYSE) on March 17, 2020 at Wall Street in New York City. Johannes Eisele | AFP | Getty Images This is a live blog. Please check back for updates: 8:01 am: Moderna surges 16% in premarket after FDA approves vaccine phase 2 trial
Mark Cuban, billionaire investor on ABC’s “Shark Tank,” says the so-called American Dream is “why I do the show and that kind of drives what I invest in.” “You can be anywhere in the country and start a company and make it to the carpet in front of us and potentially get a deal,” he
A Boeing 747 cargo freighter belonging to the Atlas Air flies into the clouds after lifting off from Hong Kong International Airport, on 23 October 2017, in Hong Kong, Hong Kong. S3studio | Getty Images Not all airlines are reeling from the coronavirus pandemic. Cargo airlines are cashing in on rush for medical supplies and
A driver adjusts his face mask as Uber and Lyft drivers with Rideshare Drivers United and the Transport Workers Union of America conduct a ‘caravan protest’ outside the California Labor Commissioner’s office amidst the coronavirus pandemic on April 16, 2020 in Los Angeles, California. (Photo by Mario Tama/Getty Images) Mario Tama Self-employed workers trying to
Secretary of the Treasury Steven Mnuchin speaks with President Donald J. Trump and members of the coronavirus task force during a briefing in response to the COVID-19 coronavirus pandemic on Thursday, April 02, 2020 in Washington, DC. (Photo by Jabin Botsford/The Washington Post via Getty Images) The Washington Post The Small Business Administration is applying
null Getty As you look around for projects to dive into during the enforced isolation and shelter-in-place directive, look around your home and ask yourself “is this the house I can safely grow older in?” This may be the perfect time to make your home more age-proof and suitable for you and your family as
Selling a house in the age of COVID-19 is tricky, but the real estate business is finding ways to … [+] move forward. Getty COVID-19 hit the home-selling market during the usually robust spring season. Data from Realtor.com shows a big drop in sales and new listings. The outlook for home sales is uncertain and
Back in mid-April an independent report suggested that estate agents, along with cafes and … [+] restaurants, should be among the first to reopen – with business leaders adding that property is a key economic ‘multiplier’. Getty Back in mid-April an independent report from GlaxoSmithKline Chairman Sir Jonathan Symonds and Conservative Peer Lord Gadhia suggested
People dine in a restaurant on March 27, 2020 in Stockholm during the the new coronavirus COVID-19 pandemic. JONATHAN NACKSTRAND Sweden’s decision to avoid a strict lockdown like its European neighbors drew global attention and was not without controversy. But now the country is past the peak of infections, its chief epidemiologist says, and there
Budweiser beer bottle labels during a Anheuser-Busch InBev NV news conference in Hong Kong, China, on Tuesday, Sept. 17, 2019. Kyle Lam | Bloomberg | Getty Images Anheuser-Busch InBev, the world’s largest beer maker, forecast a “materially worse” second quarter as coronavirus restrictions curb drinking across the globe, while noting some improvement in China. The
A person walks past a Virgin Media mobile phone store, closed down due to the Covid-19 pandemic, in London on May 4, 2020. Tolga Akmen | AFP via Getty Images Liberty Global and Telefonica have agreed to combine their U.K. operations in a deal that will create a new giant in the country’s telecommunications industry.
‘Concerned and confused’ about the future, young adults try to navigate through the coronavirus crisis Monthly retirement for a $50,000 salary factoring in Social Security and savings Here’s how to get into the habit of saving more and spending less How to pay less in taxes on your Social Security benefits How to earn $40,000
The New York Stock Exchange (NYSE) is seen in the financial district of lower Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York City, April 26, 2020. Jeena Moon | Reuters With one-third of S&P 500 companies declining to provide guidance, picking winners and losers has become a very delicate business. How
Design of modern architecture. Top view from the bottom. Modern city architecture. Oleksandr Amid the coronavirus pandemic, renters in many states are protected by a temporary moratorium on evictions. However, the rules leave tenants across the country with a lot of unanswered questions. For example, can a landlord evict you as soon as the relief
boonchai wedmakawand Coronavirus scams are on the rise — and thieves are targeting your financial relief from the government. Federal agencies like the IRS, Federal Trade Commission, Social Security Administration and FBI have warned consumers and business owners in recent weeks to be vigilant as fraudsters try to take advantage of them during the coronavirus pandemic.
By Wendy Marx, Next Avenue Contributor Getty (Wendy Marx has had five careers: social worker, newspaper reporter, marketer, PR entrepreneur and now career coach and reinvention expert. In this excerpt from her new book, Thriving at 50+, Marx explains why knowing how to tell your story can help you find work in midlife or find
Coronavirus inside jail cell, quarantine concept. 3D rendering isolated on white background Getty I thought I could escape COVID-19, which one way or another is all I have written about for the last six weeks, by going back to my routine of reviewing tax decisions that may be of interest. No luck. What stands out
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