Buildings should be of their time, not rigidly classically styled. Universal Images Group via Getty Images The American Institute of Architects (AIA) strongly supports legislation proposed today that would thwart an anticipated Executive Order mandating classical architecture as the preferred design style for federal courthouses and other federal properties. The legislation, proposed July 15, 2020
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Citigroup reported on Tuesday second-quarter results that surpassed analyst expectations thanks in part to a massive surge in trading revenue that helped offset a slowdown in the company’s consumer banking business. Here’s how the company’s results compared to analyst estimates: Earnings: 50 cents per share vs 28 cents per share expected by Refinitiv Revenue: $19.77 billion
A protester waves an Israeli flag as police use water cannons during clashes at a demonstration against the Israeli prime minister outside his official residence in Jerusalem, on July 14, 2020. Menahem Kahana | AFP | Getty Images The Israeli government made “very serious mistakes” after initially containing the coronavirus outbreak, and “tremendous damage” is
People wearing face masks move packs of vegetables at a wholesale market for agricultural products, as the country is hit by an outbreak of the novel coronavirus, in Beijing, China February 19, 2020. Tingshu Wang | Reuters Elevated food prices are just one of many new challenges China needs to face in the wake of
Medical staff work outside the Covid-19 intensive care unit at United Memorial Medical Center in Houston on June 30. Go Nakamura | Getty Images Amid one of the worst public-health crises in history, a record number of Americans are without health insurance. More than 5.4 million people who were laid off from their jobs are
People Need More Care, But Lack of Support For Aides Puts Everybody’s Health At Risk Getty The coronavirus pandemic continues to spread like wildfire through the U.S. Amid this pandemic, people need to be able to stay home to stay safe. Yet many workers cannot take time off, even if continued work means putting their
May state sales tax receipts shrank by nearly $6 billion, or 21 percent, compared to May 2019, according to data compiled by the Tax Policy Center. State stay-at-home orders, decisions to close businesses, states’ sales tax filing and payment deadline extensions, and COVID-19 cases all contributed to the freefall of sales tax revenues. State sales tax revenue
David is CEO of Move, Inc./realtor.com. Realtor.com makes buying, selling, and living in homes easier and more rewarding for everyone. Getty I joined the team at realtor.com back in February, coming from a background in e-commerce and digital marketplaces. I’m pretty sure my experience in those spaces helped me get the job. While approaches vary, nearly everyone
Jamie Dimon, chief executive officer of JPMorgan Chase & Co. Giulia Marchi | Bloomberg | Getty Images JPMorgan Chase is scheduled to report second-quarter earnings before the opening bell on Tuesday. Here’s what Wall Street expects: Earnings: $1.04 per share, a 63% decline from a year earlier, according to Refinitiv. Revenue: $30.3 billion, 2.5% higher
Virus pushes Delta, Wells Fargo to rare quarterly losses Coronavirus pushed Delta Air Lines and banking giant Wells Fargo to rare quarterly losses, the companies said in some of the first quarterly reports of what’s expected to be a messy earnings season. Delta posted a second-quarter loss of $5.7 billion, the airline’s largest since 2008. Air
Stock futures climbed higher in overnight trading on Tuesday after Moderna said its coronavirus vaccine produced antibodies in all patients in an early trial, raising hope for a faster economic recovery. Futures on the Dow Jones Industrial Average jumped 300 points, pointing to a 270-point gain at Wednesday’s open. The S&P 500 futures and the
Investor Kevin O’Leary started his first business out of his basement in 1986. In 1999, O’Leary and his co-founders sold the company to the Mattel Toy Company for $4.2 billion. But even if the business had failed, O’Leary says he would have persisted as an entrepreneur. “If starting my first company hadn’t worked out, I would
More and more schools are joining the fight against the Trump Administration over a new rule that may bar international students from studying in the U.S. Now, 59 public and private colleges — including Johns Hopkins University, Stanford University, Duke University and Emory University, as well as every member of the Ivy League — have
By Dr. Jan Gurley, Next Avenue Contributor Getty (The following article represents the views of Dr. Jan Gurley and not the San Francisco Department of Public Health, where she works in communicable disease and prevention during the Covid-19 pandemic. The information included is rapidly evolving and applies to the current situation.) Due to the Covid-19
Atlanta, Georgia, USA Downtown Skyline Aerial. Getty The state of the conservation syndication easement industry brings to mind one of my favorite Kingston Trio songs – Everglades. Where a man can hide and never be found And have no fear of the bayin’ hound But he better keep it movin’ and don’t stand still If
Apartments in Austin, Texas. Getty So far, so good for the apartment business, but there’s a yellow flag on the track. Everybody thought that when forbearance came up, a lot of tenants would stop paying their rent. Well, tenants kept paying their rent—so far. But some of the artificial supports are about to be taken away, and
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 will begin its late-stage trial testing a potential vaccine to prevent Covid-19 on July 27, according to a posting published Tuesday on ClinicalTrials.gov. The trial will
Charles Scharf Michael Nagle | Bloomberg | Getty Images Wells Fargo on Tuesday posted its first quarterly loss since the financial crisis as the bank set aside $8.4 billion in loan loss reserves tied to the coronavirus pandemic. The bank had a net loss of $2.4 billion in the second quarter, or a loss of $0.66
Delta Air Lines passenger planes are seen parked due to flight reductions made to slow the spread of coronavirus disease (COVID-19), at Birmingham-Shuttlesworth International Airport in Birmingham, Alabama, March 25, 2020. Elijah Nouvelage | Reuters The coronavirus pandemic drove Delta Air Lines to a net loss of $5.7 billion in the second quarter, the biggest since 2008,
Jamie Dimon, chief executive officer of JPMorgan Chase & Co. Marlene Awaad | Bloomberg | Getty Images JPMorgan Chase managed to throw off the most quarterly revenue in its history at the same time that the U.S. economy is in the throes of a sharp recession. The bank posted $33.8 billion in second-quarter revenue, helping