Month: August 2020

Goldman Sachs is renewing its push into Wall Street’s digital future. The firm made Mathew McDermott, a managing director who ran the investment bank’s internal funding operations, its new global head of digital assets last month, CNBC has learned exclusively. The appointment means the newest face of blockchain and cryptocurrency on Wall Street isn’t a
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For college students heading back to campus this month, life will be decidedly different. For example, at Middlebury College in Vermont, the school’s 2,500 undergraduates are required to quarantine for two weeks before returning to school and get tested immediately upon arrival. After their Covid-19 test, they can move into their dorm room but must
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(Photo by Ben Birchall/PA Images via Getty Images) PA Images via Getty Images The Covid-19 pandemic derailed the world’s plans. Weddings, family visits, and business trips have been postponed or cancelled. But of all the derailed plans, the most important are older workers’ retirement plans. Here there are no redos—you only get one shot at
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Robert K. Jafek is Principal at Boomerang Capital Partners, successfully financing and developing real estate since 2006.   getty It is well known that the residential real estate market is highly seasonal, with activity and prices following the heat: It warms up in the spring and gets hot in the summer before cooling off in the fall
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Bill Gates dropped out of Harvard University in 1975 to start Microsoft, the software company that would make him a billionaire by age 31.  According to Gates, part of his success is due to his parents – in fact, his late mother, Mary Gates, was said to be instrumental in a deal that helped propel Microsoft into the big leagues.
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OLIVIER DOULIERY | AFP | Getty Images Millions of Americans went back to work in May and June as states started reopening and a federal loan program helped ailing small businesses rehire workers.   But the economic recovery is sputtering, some states have re-imposed shutdown measures and many businesses have run out of loan funding — conditions
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A sign marks the headquarters of Moderna Therapeutics, which is developing a vaccine against the coronavirus disease (COVID-19), in Cambridge, Massachusetts, May 18, 2020. Brian Snyder | Reuters Moderna reported Wednesday a fivefold increase in second-quarter revenue related to its work on a potential coronavirus vaccine.  This is a developing story. Please check back for
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Paul Zimmerman | Nasdaq | Getty Images Check out the companies making headlines after the bell:  Roku — Shares of the streaming platform fell 1% after the market closed. Roku reported second-quarter financial results after hours, posting a loss of 35 cents per share on revenues of $356 million, compared to predictions of analysts surveyed by Refinitiv
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Amazon Founder and CEO Jeff Bezos speaks to the media on the company’s sustainability efforts in Washington on September 19, 2019. Eric Baradat | AFP | Getty Images Amazon CEO Jeff Bezos this week has sold more than $3.1 billion worth of shares in his company, according to filings with the Securities and Exchange Commission
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Nikola Motor Company Source: Nikola Motor Company Nikola’s entire second quarter revenue of $36,000 was related to solar installations for Executive Chairman Trevor Milton, according to a filing with the Securities and Exchange Commission. “During the three months ended June 30, 2020 and 2019 the Company recorded solar revenues of $0.03 million and $0.04 million,
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