Month: June 2020

Founders: Rob Frohwein (CEO), Kathryn Petralia, Marc GorlinLaunched: 2009Headquarters: AtlantaFunding: $489 millionValuation: $1.1 billion (PitchBook)Key technologies: Artificial intelligence, machine learningIndustry: Credit, financial services, lendingPrevious appearances on Disruptor 50 List: 2 (No. 14 in 2019) George Kavallines Among the biggest headaches any small business faces is cash flow. Kabbage, headquartered in Atlanta, is a data and technology company providing small businesses with
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A portrait of Nicki Howard Courtesy of Nicki Howard Nicki N. Howard is senior tax counsel for CSX Transportation Inc. Headquartered in Jacksonville, Florida, CSX is a rail carrier servicing states east of the Mississippi as well as portions of Canada. There have been a number of articles discussing why women are leaving tax. However, there is more to say
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As the coronavirus pandemic took hold in across the country and the world, millions of Americans’ lives were disrupted as they faced illness, unemployment levels not seen the Great Depression and whiplash-inducing market volatility.  But some billionaires who saw their fortunes dive as the market tanked in March have recovered and even surpassed their previous levels
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CNBC’s Jim Cramer said Tuesday that investors should look to buy stocks following strong retail sales data and a positive study on treating the coronavirus.  “I’m not saying things are over. But I am saying that the reaction is that people should buy stocks,” Cramer said on “Squawk on the Street.” ”There’s are a lot of people
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rudi_suardi For the most part, Americans spent very little during the pandemic — up until now. On Tuesday, May retail sales shattered expectations, jumping 17.7% in the biggest monthly surge ever. President Donald Trump was quick to post on the news.  Nearly half of all consumers had said they were saving more during the coronavirus crisis by
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TOPLINE Stocks are jumping sharply Tuesday morning thanks to a record surge in retail sales last month, additional support from the Federal Reserve and hopes for more government stimulus. Stocks look set for a strong rally on Tuesday. Spencer Platt/Getty Images KEY FACTS The Dow Jones Industrial Average was up 3.1%, over 800 points, at
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New coronavirus cases and hospitalizations continue to rise in a handful of U.S. states, prompting warnings from some health officials that greater precautions might be necessary to keep the health systems from being overwhelmed. As people grow fatigued from social distancing and other precautions, pharmaceutical and biotech companies are racing forward to develop treatments and
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A “Sold” sign is displayed outside a home under construction at a Lennar Corp. development in Montgomery, Illinois. Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines after the bell. Lennar — Shares of the homebuilder whipsawed and fell 1% in extended trading after Lennar released its second-quarter financial results, which beat
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Karen Ducey | Getty Images So you’ve enrolled in Medicare and have determined that a supplement plan — aka, “Medigap” — is an appropriate add-on for you.  There may be more decisions to make. While Medigap policies are standardized regardless of which insurance company sells them and where you live, the premiums can vary from
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Jamie Dimon, CEO, JP Morgan Chase, speaking at the Business Roundtable CEO Innovation Summit, December 6, 2018. Janhvi Bhojwani | CNBC House Democrats on Monday wrote to the chief executives of some of the country’s largest banks demanding they disclose documents pertaining to their handling of the federal government’s small business bailout loan program.  In
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By Grace Birnstengel, Next Avenue Editor Getty Right now, the idea of justice is on the minds and hearts of the masses. Justice is sought for anyone who is wronged. Justice can be defined by an individual and looks differently for everyone. Acts of injustice are seen on large scales against historically marginalized groups: People
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Getty As the numbers of those affected by COVID-19 continue to climb, the Internal Revenue Service (IRS) is providing guidance for employers whose employees take advantage of leave donation programs because of the COVID-19 pandemic. Typically, employer-sponsored “leave donation” programs allow employees who have accrued sick, vacation, or personal leave that they don’t need to
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