12 Min Ago Brazilian president uses hydroxychloroquine after testing positive for coronavirus Brazil’s President Jair Bolsonaro gestures before a national flag hoisting ceremony in front of Alvorada Palace, amid the coronavirus disease (COVID-19) outbreak in Brasilia, Brazil June 9, 2020. Adriano Machado | Reuters Brazilian President Jair Bolsonaro has said he tested positive for coronavirus
Month: July 2020
The denim maker Levi Strauss & Co.‘s sales fell 62% during its fiscal second quarter, the company announced Tuesday, as its online sales weren’t enough to make up for its stores being temporarily shut for roughly 10 weeks during the Covid-19 crisis. Consumers by and large have shifted away from tight pants and denim, opting
A view of the charging Bull with a woman in New York City USA during coronavirus pandemic on April 25, 2020. John Nacion | NurPhoto | Getty Images Check out the companies making headlines before the bell: Intersect ENT (XENT), Medtronic (MDT) — Shares of Intersect ENT popped 35% after Bloomberg News reported Medtronic has made an
The coronavirus pandemic has upended the global jobs market. From enjoying one of the tightest labor markets in years, the U.S. is now facing chronic unemployment rates, with similar stories playing out across the world. That paradigm shift has moved power away from employees and over to employers, as countless candidates vie over the same
Warren Buffett just announced his annual charitable donations to the five philanthropies he’s chosen to give the vast bulk of his fortune to. This year, the “Oracle of Omaha” is distributing 15.9 million class B shares of Berkshire Hathaway valued at about $2.9 billion. That brings his total philanthropic donations to more than $37 billion
Harvard University and MIT pushed back on Wednesday against a new rule that would require international students to take classes in-person this fall in order to stay in the country. The guidelines issued Monday by Immigration and Customs Enforcement said “students attending schools operating entirely online may not take a full online course load and remain in the
Business spending showed some signs of green shoots in June, as manufacturers bought more equipment and spending shifted away from stay-at-home sectors to ones that could rebound in a reopening economy, according to Cortera, a software company which analyzes business-to-business credit transactions. But overall June spending was still depressed, down 10.9% from the same month
TOPLINE Stocks opened slightly higher on Wednesday as rallying tech shares helped offset investor concerns about the surge in coronavirus cases across the country derailing an economic recovery. Stocks moved slightly higher after a sell-off on Tuesday. Spencer Platt/Getty Images KEY FACTS The Dow Jones Industrial Average was up 0.7%, nearly 200 points, on Wednesday,
Tax Day 2020 is July 15. If you haven’t yet filed your federal tax return, you need to decide … [+] whether to go for it now or get an extension. peter dazeley The deadline for 2019 federal tax returns is July 15. The IRS has made it clear that the due date, postponed from
Kellie Rastegar is Co-Founder and Creative Director at Rastegar Property Group. Getty “Our ability to reach unity in diversity will be the beauty and test of our civilization.” These valuable words were spoken by Gandhi more than a century ago. Though strides have been made, even in 2020 gender and diversity disparity still exist within real
A Wal-Mart Stores Inc. associate organizes school supplies at a Wal-Mart Stores Inc. location in the Porter Ranch neighborhood of Los Angeles, California. Patrick T. Fallon | Bloomberg | Getty Images Nobody really knows what the back-to-school shopping season is going to look like this year — not retailers, parents, students nor teachers. Anxiety is running
U.S. stock futures were flat in overnight trading, following weakness in equities in the previous session. Dow futures rose 40 points, indicating a gain of 0.16%. The S&P 500 and Nasdaq-100 also were set to open higher, with gains of 0.08% and 0.12%, respectively. On Tuesday, the Dow Jones Industrial Average fell 397 points, or
If you’re dreaming of going abroad this summer, countries in the European Union are gradually reopening their borders to residents of select countries around the world. From July 10, people from England, for example, will be able to go to popular destinations such as France, Spain and Italy without having to quarantine on arrival or upon
With a growing number of colleges planning to offer fall classes online, many international students will not be able to stay in U.S., according to new rules issued Monday. That could mean a significant hit to school budgets — and student aid. Under the guidelines issued by Immigration and Customs Enforcement, “students attending schools operating
An employee takes the temperature of a building tenant outside the Empire State Building in midtown Manhattan, as the iconic tower prepares to open to more tenants and visitors following the outbreak of the coronavirus disease (COVID-19) in New York City, New York, U.S., June 24, 2020. Mike Segar | Reuters Among the countless things
This recession is different, but different isn’t necessarily a disaster. Financial expert and market analyst John Mauldin says the recession of 2020 is unique. In the first place, by any metric it’s worse than any recession we’ve seen in the last 90 years. In the second place, that’s because our economy has moved in the
Economic Security Planning, Inc. Today’s column addresses questions about the ability to receive spousal benefits after filing early for Social Security retirement benefits, taking Social Security survivor benefits before retirement benefits and whether a survivor’s benefit from a non-covered pension would affect Social Security retirement benefits. Larry Kotlikoff is a Professor of Economics at Boston
The Mar-a-Lago estate at the water’s edge in Palm Beach, Florida. The mansion was built by Marjorie … [+] Merriweather Post in the 1920s. Corbis via Getty Images Glenn Parada, the head of an eponymous mortgage empire that recently established its headquarters in Palm Beach, Florida, was born in El Salvador at the peak of
Economic activity fell in all states during first quarter, raising concerns of potential cuts People wait in line as SF-Marin Food Bank hands out 1600 food bags in San Francisco on April 20, 2020. Work furloughs and layoffs created by coronavirus shelter-in-place orders are driving thousands to seek food assistance. San Francisco Chronicle | Hearst
A person dressed as Minnie Mouse walks in front of the Disney store in Times Square as New York City moves into Phase 2 of re-opening during the coronavirus pandemic on June 28, 2020. Noam Galai | Getty Images Check out the companies making headlines after the bell: Levi Strauss – The clothing company’s stock dropped
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