Snowflake IPO begins trading at the NYSE on Sept. 16th, 2020. Source: NYSE So you think Snowflake up over 100% on its first day is a big deal? Nah, there’s been plenty of companies that have had first day pops bigger than that this year. They include biotech firm CureVac, up 249% on the first
Month: September 2020
David Paul Morris/Bloomberg via Getty Images $100 threshold Perhaps the most significant barrier is a restriction that limits the subsidy to people who currently receive at least $100 a week in unemployment benefits from the state or another program. The policy is a departure from the $600 enhancement, which was enacted by the CARES Act
Jon Nazca | Reuters Facebook is increasing its focus on the small business community, launching a new interface called “Business Suite” on Thursday which is targeted at small businesses that have struggled throughout the Covid-19 pandemic. The platform is available exclusively to small businesses at launch, according to a release from the social media and
Ari Rastegar is CEO of Rastegar Property Company, a vertically integrated real estate company with a focus on value-oriented real estate. getty Success starts at the beginning. In the case of acquiring a lot or existing rental property, this idea equates to due diligence. I write a lot about due diligence, but a deeper dive can
ICU/Emergency room getty The current pandemic has caused many of us to confront our own mortality and to think about the “what if” scenarios if we, or someone we love, gets sick. With almost a million Covid deaths worldwide, it’s hard not to be concerned. As difficult as it is to imagine the unimaginable, you
Getty Did you file for an extension for your 2019 federal income tax return? If so, you have about a month remaining to file: the deadline to file your federal income tax return on extension is on or before the October 15, 2020. October 15 is the same deadline to file a federal income tax
Jets are parked on runway 28 at the Pittsburgh International Airport on March 27, 2020 in Pittsburgh, Pennsylvania. Jeff Swensen | Getty Imageas Airline executives and labor unions on Wednesday again pushed for billions in additional federal aid as a ban on industry job cuts is set to expire in less than two weeks and
LONDON – Grenke, a German financial services provider, is under investigation after a report by a short-selling investor research company alleged it of market manipulation, money laundering and fraud. The 64-page report, which Grenke strongly rejects, was published by Fraser Perring of Viceroy Research. Shares of Grenke, which is listed on the Frankfurt Stock Exchange,
Sutter Hill Ventures Managing Director Mike Speiser speaks onstage at TechCrunch Disrupt at Pier 48 on September 9, 2014 in San Francisco, California. Steve Jennings | Getty Images Two months after Facebook’s massive IPO in 2012, venture capitalist Mike Speiser was a few miles away from the social networking company, incubating a software start-up from
Warren Buffett Gerry Miller | CNBC Warren Buffett, the man who pioneered buy and hold investing, just made quite a fast buck from a type of investment he once mocked. Berkshire Hathaway bought $250 million of Snowflake stock at the IPO price and an additional 4.04 million shares from another stockholder at the debut price.
Getty Images Working parents are feeling the sting of the coronavirus pandemic — and it’s hitting women especially hard. School shutdowns have left many trying to juggle work, childcare and helping their kids with distant learning. Since the crisis began, 40% of working parents have had to change their employment situation, according to a new
The U.S. economy may be starting to recover from the coronavirus crisis, but many small-business owners are not. After appearing on Shark Tank, Kelsey Moreira, 29, opened an edible cookie dough bar called Doughp on the Las Vegas Strip in 2019. “Even though I came out without a deal, I had a burst of confidence
Topeka anticipates workers will be enticed to relocate due to its affordability. Greater Topeka Partnership Topeka, Kansas is offering an enticing deal for remote workers to put down roots in the city. Through the state capital’s new Choose Topeka relocation initiative, employees who work remotely for companies based outside Shawnee County can receive up to
Job seekers fill out applications for employment at the new Sheraton Hotel in Chicago.(Photo by © … [+] Ralf-Finn Hestoft/CORBIS/Corbis via Getty Images) Corbis via Getty Images Chilly Markets for Seasoned Workers Disappointed older workers scatter the news. In 2018, the Atlantic magazine interviewed “energetic, tech-savvy, and positive,” Lisa Edmond, who at age 61 was
Economic Security Planning, Inc. Today’s column addresses questions about potential effects of Social Security’s earnings test on spousal benefits, whether benefits lost to the earnings test are repaid and getting retirement benefits after survivor benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc,
An airport employee checks the passports of a couple of passengers who prepare to board a United Airlines flight with at Toncontin International Airport as international flights restarted operating after five months of suspension due to the new coronavirus pandemic in Tegucigalpa on August 17, 2020. Orlando Sierra | AFP | Getty Images A World
Characters at the Berkshire Hathaway company Kraft Heinz booth pose with a reporter at the shareholder shopping day as part of the Berkshire Hathaway annual meeting weekend in Omaha, Nebraska, May 5, 2017. Rick Wilking | Reuters Kraft Heinz is looking to capitalize on consumers’ rediscovered interest in store-bought mac and cheese and Ore-Ida french fries
A resident looks at the broken power cable as it lies on the street during Hurricane Sally in Pascagoula, Mississippi on September 16, 2020. CHANDAN KHANNA | AFP via Getty Images Hurricane Sally stalled over the warm waters of the Gulf of Mexico before making landfall early Wednesday, bringing heavy rain to coastal communities in
CEO Michael Corbat answers questions at Citi’s 2017 Investor Day. Source: Citigroup.com Three years ago, Michael Corbat strode onto the stage of a ballroom in midtown Manhattan and proclaimed that a new day had arrived at Citigroup. The bank had set up the July 2017 event, its first investor meeting since the 2008 financial crisis
The Federal Reserve said Wednesday it would keep its benchmark interest rate near zero for as long as it takes to help the economy bounce back from the coronavirus crisis. The Fed said the ongoing coronavirus pandemic will “weigh heavily” on the near-term outlook and poses “considerable risks” for the medium term. In addition to holding rates near rock bottom, the
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