In this week’s review of luxury real estate markets around the world, I took a look at homes selling for about $6 million in prime Beverly Hills, Manhattan’s Upper East Side and the Swiss Alps village of Grimentz. Beverly Hills, California The European-inspired farmhouse, listed for $5.995 million, sits on about a third of an
Month: December 2020
A corner residence at Chicago’s Renelle on the River presents stunning river views from its dramatic … [+] floor-to-ceiling windows filling two walls. Belgravia Group Back in the day, moving up to the corner office was a sure sign you’d made it. Offering greater room, abundant natural light from two walls of windows and dual
The Constitution says states can’t impair contracts. But it’s OK to impair some contracts if there’s … [+] a good reason. RANJAN SAMARAKONE “[N]o State shall … pass any … Law impairing the Obligations of Contracts.” That prohibition appears in Article 1, Section 10, of the United States Constitution. It sounds simple, straightforward, and absolute.
Aerial shot of downtown Los Angeles (DTLA) at sunset with rolling hills of residential neighborhoods … [+] in the foreground. getty With more than two decades of experience in global real estate and development, Jonathan Nash is intimately familiar with the wants and needs of today’s luxury homebuyer. Prior to relocating to the U.S., Nash
The Food and Drug Administration vaccine advisory panel signed off on Pfizer’s Covid vaccine with a 17 to 4 vote, with one abstention on Thursday night. Dr. Archana Chatterjee, dean of the Chicago Medical School, was one of the four “no” votes. Chatterjee explained her decision during a Friday evening interview on “The News with
The Food and Drug Administration has approved Pfizer and BioNTech‘s coronavirus vaccine for emergency use, a monumental turning point in the once-in-a-century pandemic that has taken nearly 300,000 American lives in less than a year and wreaked havoc on the U.S. economy. FDA Chief Scientist Denise Hinton told Pfizer in a letter Friday that she
Lululemon Athletica store exterior, Ponce City Market. John Greim | LightRocket | Getty Images Lululemon on Thursday reported sales of $1.1 billion, up 22% from a year ago and beating analysts’ estimates, as shoppers frequented the retailer’s stores and website to buy workout apparel during the period. In North America, net revenue grew 19%, boosted
Check out the companies making headlines in midday trading. Snowflake — Shares of the data-warehousing software maker slid more than 4% after Deutsche Bank downgraded the stock a hold rating. “Pent-up demand for high-multiple names, such as Snowflake, may be limited as we wrap up 2020 and investors look to protect their year,” the firm
Tesla will replace Apartment Investment and Management Co. in the S&P 500 when the electric vehicle company joins the index before trading begins on Dec. 21, S&P Dow Jones Indices said Friday. Tesla will also be added to the S&P 100, replacing Occidental Petroleum in that index. S&P Dow Jones Indices previously announced on Nov.
Billionaire Elon Musk says he wouldn’t have become the successful entrepreneur he is today if he hadn’t immigrated to the U.S. from South Africa in 1992. But he as a message for the U.S. government about entrepreneurship: “Get out of the way” and let companies innovate. “I think its a false dichotomy to look at
In order to help Americans affected by the Covid-19 pandemic, self-made billionaire Mark Cuban thinks that the government should send checks directly to Americans in need rather than providing additional funding to financial assistance programs, such as the Supplemental Nutrition Assistance Program, known as SNAP. It’s a controversial opinion that Cuban — who has also
Jim Cramer Scott Mlyn | CNBC CNBC’s Jim Cramer on Friday sharply criticized how investment bankers handled the recent initial public offerings for companies such as DoorDash and Airbnb, two tech companies that saw major pops in their stocks after they began trading this week. “I don’t want to say that the market is broken,
Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing on “The Quarterly CARES Act Report to Congress” on Capitol Hill in Washington, December 1, 2020. Susan Walsh | Pool | Reuters The Federal Reserve heads into its meeting next week in a familiar place, with a teetering economy that could be in
The Airbnb logo is displayed on the Nasdaq digital billboard in Times Square in New York on December 10, 2020. Kena Betancur | AFP | Getty Images Even amid a pandemic, many popular companies have gone public, giving investors an opportunity to purchase their stock. But getting in early might not be the best strategy.
Hundreds of unemployed Kentucky residents wait in long lines outside the Kentucky Career Center for help with their unemployment claims on June 19, 2020 in Frankfort, Kentucky. While the economic recovery has brought back jobs since the lowest point of the Covid-19 crisis, millions of Americans remain unemployed. John Sommers II The U.S. is weeks
Charday Penn | E+ | Getty Images Small business owners with battered finances might be in line for additional funding from the Paycheck Protection Program. On Wednesday, lawmakers from both sides of the aisle circulated a summary of their $908 billion emergency Covid relief package. The proposal sets aside $300 billion for the Small Business
BOSTON, MA – SEPTEMBER 2: A Care partner helps a resident at an assisted living facility. (Photo by … [+] Craig F. Walker/The Boston Globe via Getty Images) Boston Globe via Getty Images As the Covid-19 pandemic explodes around the country, cases and deaths among nursing home residents increasing rapidly as well. A new analysis
Whether you have older parents, grandparents or other loved ones of modest means, you have one thing in common in the U.S.—running out of money can force your loved one into a nursing home. The frightening truth about infection in nursing homes emerged almost immediately when we saw the first cases in the facility in
The Covid-19 pandemic and protests against racial injustice drove spikes in donations via corporate … [+] virtual giving programs. getty More people are donating to charity via new workplace online giving platforms than ever, and they’re donating more than ever. It seems they’ve been spurred on in part by the issues of 2020—the Covid-19 pandemic
getty The Internal Revenue Service (IRS) has released the very-probably-unless-Congress-does-something-soon final version of Form 1040, U.S. Individual Income Tax Return for 2020 (downloads as a PDF). There are several notable changes to the form proposed for the tax year 2020 – the tax return that you’ll file in 2021. Page One Form 1040 (2020) IRS/KPE Identifying information.
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