With a Bang: The beginning of the end of Trump Plaza in Atlantic City.Will Yakowicz A few minutes after 9 a.m. on a bitterly cold Tuesday morning on the Boardwalk in Atlantic City, New Jersey, a horn sounded, and a flock of seagulls perched on the former Trump Plaza Hotel and Casino flew away in
Month: February 2021
The Forum in Inglewood, California began vaccination distribution serving as a COVID-19 vaccination site, while also serving as a COVID-19 testing site. Al Seib | Los Angeles Times | Getty Images The Biden administration announced Wednesday that it will invest more than $1.6 billion to increase Covid-19 testing supplies and expand testing programs in schools
Cathie Wood, chief executive officer and chief investment officer of ARK Investment Management LLC, speaks during the Sooner Than You Think conference in the Brooklyn borough of New York on Tuesday, Oct. 16, 2018. Alex Flynn | Bloomberg | Getty Images Cathie Wood said Ark Invest is still bullish on Tesla and continues to buy
Another 20 companies joined The Climate Pledge, a public commitment to “go green” launched by Amazon and Jeff Bezos in 2019. Including the new signatories announced Wednesday, there are 53 companies in 12 countries that have joined. The most high profile company of the latest group is IMB. It announced Tuesday its agenda to hit
A pedestrian wearing a protective mask walks past a Wells Fargo & Co. bank branch in New York, U.S., on Thursday, July 9, 2020. Peter Foley | Bloomberg | Getty Images Wells Fargo shares popped Wednesday after the Federal Reserve reportedly signaled that it will accept the firm’s plan to overhaul its governance functions, a
With tax season officially underway, many Americans are still asking, “Where is my $600 stimulus check?” The stimulus payments were authorized by Congress under a $900 billion Covid relief package passed in December. Within days, the federal government began deploying the money. That included payments of $600 per individual, or $1,200 per married couple filing
A worker puts pepperoni on a pizza inside a Domino’s Pizza franchise in New York. Daniel Acker | Bloomberg | Getty Images After a year marked by business closures, disruptions and unprecedented challenges, the franchising industry is poised to bounce back to pre-pandemic levels by year’s end if Covid-19 is controlled, according to an upcoming
Getty getty Most owners of second homes leave a lot of money on the table, especially when it’s time to sell the house or pass it on to the next generation of owners. There are three basic choices for transferring ownership of the second home, but the details of each option are flexible. Most vacation
Alarm clock and colour papers on the white background. Tax Time. getty Phyllis Jo Kubey, a solo practitioner based in New York City, and Ryan L. Losi, executive vice president at PIASCIK, discuss the 2021 tax season and the unique challenges posed by the COVID-19 pandemic. Read the podcast episode’s transcript below. The post has been
Breaking from the notion of a starter home, wealthy Millennials are going big. getty If any first-time home buyers were on the fence about taking a more traditional starter home path to homeownership in 2020, the Covid-19 pandemic brought into focus the way they viewed homes and what they really wanted for a dream home.
GEORGES GOBET | AFP | Getty Images Ford is investing $1 billion in an electric vehicle production facility in Cologne, Germany, with the European arm of the automotive giant committing to go “all-in” on electric vehicles in the years ahead. In plans announced Wednesday morning, Ford said its entire passenger vehicle range in Europe would
Check out the companies making headlines in after-hours trading on Tuesday. Verizon – Shares of the telecommunications giant were up 2% in after-hours trading after Warren Buffett’s Berkshire Hathaway revealed a big stake in Verizon. As of Dec. 31, Berkshire Hathaway owned 146,716,496 Verizon shares worth $8.6 billion at the end of 2020. SolarEdge –
To quarantine or not to quarantine — that is the question. Or at least it has been for countries deliberating how to handle incoming international travelers. But that changed last month when Sri Lanka reopened its borders with a requirement unlike any country that had opened before it — one that neither grants travelers free
Shares of MicroStrategy were fell more than 3% Tuesday after the enterprise software company announced intentions to purchase more bitcoin. In a press release, MicroStrategy said it plans to offer $600 million of senior convertible notes and use the net proceeds to buy bitcoin. After the announcement, its share price gad risen more than 5%
Airline industry workers hold signs during a protest in Federal Plaza in Chicago, Illinois, on September 9, 2020. KAMIL KRZACZYNSKI | AFP | Getty Images Most new claims for unemployment benefits are coming from repeat layoffs, according to new research, hinting at unstable work prospects for a broad swath of Americans and signaling another dimension
Estate planning handwriting sign on the sheet. getty If you have been thinking about making large gifts to take advantage of the current $11,700,000 lifetime federal estate tax exemption, you have probably been contemplating a spousal lifetime access trust, commonly known as a SLAT. A SLAT is an irrevocable trust that you create for the
BROCKTON, MA – MARCH 19: Parents combining work and child care at home due to the pandemic. (Photo … [+] by Matthew J. Lee/The Boston Globe via Getty Images) Boston Globe via Getty Images Employment and real estate markets remain agitated by the Covid-19 pandemic, with some predictions of a major shift to working from
We are moving through a no man’s land between buyer’s and seller’s markets today. getty The seller is worried. She owns a lovely pre-war duplex on the Upper West Side of Manhattan. It needs renovation and is priced accordingly. She e-mails her agent to note that asking prices seem to have gone up since the
JetBlue Airways aircrafts are pictured at departure gates at John F. Kennedy International Airport in New York. Fred Prouser | Reuters JetBlue Airways is getting rid of ticket-change fees for most of its tickets, but travelers who are buying its cheapest fares should pack light. The New York-based airline on Tuesday said starting July 20
Palantir on Tuesday reported a loss for the fourth quarter, while revenue beat analysts’ expectations. Shares of Palantir were down 9% Tuesday morning. Here are the key numbers: Revenue: $322 million vs. $300.7 million expected, according to a Refinitiv survey of analysts Loss per share: 8 cents, which is not comparable to estimates The company
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