As a hurricane approaches, protecting your home becomes a priority. getty Hurricane Laura continues to strengthen to a Category 5 storm as it barrels toward Texas and Louisiana. Potentially devastating winds and storm surge threaten 1.1 million homes with over $265 billion in reconstruction cost value, reports CoreLogic, a global property data and analytics provider.
Month: August 2020
Hurricane Laura, now a Category 4 storm, is barreling towards the coasts of Louisiana and Texas with winds of 140 miles per hour and the threat of an “unsurvivable” storm surge with large and destructive waves that “will cause catastrophic damage,” according to the National Hurricane Center. Laura’s storm surge could reach as high as 15 to
Bloomberg | Bloomberg | Getty Images Check out the companies making headlines after the bell: NetApp — NetApp shares rose more than 10% in after-hours trading after the data-storage company reported unexpected earnings and sales growth. NetApp reported adjusted earnings of 73 cents a share, up from 65 cents a share a year ago. Analysts had expected
Saul Loeb | AFP | Getty Images Amazon CEO Jeff Bezos on Wednesday saw his net worth soar above $202 billion, according to the Bloomberg Billionaires Index, making him the first person to cross the $200 billion threshold. He’s now $78 billion richer than Microsoft co-founder Bill Gates, who stands at number two. The Amazon
Tenants of the Woodner apartment building in Washington, D.C., protest to demand their rent be forgiven during the Covid-19 pandemic. NICHOLAS KAMM/AFP via Getty Images Unemployed workers living in most U.S. cities can’t cover basic living expenses with jobless benefits alone. In fact, Americans living in just 12 out of 109 metro areas could afford
Westend61 | Westend61 | Getty Images If there’s a magic bullet to two-parent families getting by on one salary, especially in these tough economic times, it’s controlling cash flow. Couples who succeed at either saving one salary or living on one paycheck are very disciplined about spending. They use several strategies to make living on less work
By Andrea King Collier, Next Avenue Contributor getty Today was a big day in our house. My husband is a 63-year-old, African American sixth-grade teacher headed back to the classroom in Michigan for in-person instruction. But, since it’s happening during the pandemic, I’m fearful. Many other older teachers and school staffers across America who have
Stephanie Soong Johnston, chief correspondent for Tax Notes Today International and Robert Goulder, contributing editor for Tax Notes International discuss the recent Apple AAPL State Aid decision and the long term consequences on global tax reform. Here are a few highlights . . . On the timeline leading up to the Apple state aid case Stephanie Soong Johnston: In September
Million Dollar Beach House the latest Netflix NFLX offering in the world of reality real estate shows debuts today. From Beverly Hills to the Hamptons glimpses into the multi-million-dollar homes and the people who sell them have become hot properties. Bravo’s Million Dollar Listing Los Angeles boosted the careers of Los Angeles brokers James Harris
A nurse wears personal protective equipment (PPE) as she cares for a coronavirus COVID-19 patient in the intensive care unit (I.C.U.) at Regional Medical Center on May 21, 2020 in San Jose, California. Justin Sullivan | Getty Images It’s been almost eight months since Chinese scientists first identified the coronavirus and doctors are still discovering
An employee of Dick’s Sporting Goods in Destiny USA mall delivers products to a shopper, as customers pick up goods from retailers offering curbside pick up as the coronavirus disease (COVID-19) restrictions ease in Syracuse, New York, U.S., May 15, 2020. Zachary Krahmer | Reuters Dick’s Sporting Goods reported eye-popping quarterly earnings and sales growth Wednesday,
Noam Galai | Getty Images A new shell company set up by a former banking CEO is set to go public this week, with the eventual plan to buy up a fintech company. The special purpose acquisition company — also known as a SPAC — will list on the Nasdaq Wednesday morning, according to its
HSBC Global Asset Management and climate change advisory and investment firm Pollination Group are teaming up to launch a series of billion-dollar funds that will target “natural capital.” The new venture, which is the largest of its kind, will be called HSBC Pollination Climate Asset Management. The funds will target institutional investors including pension funds
MilanRist | E+ | Getty Images As the Covid-19 pandemic continues and unemployment remains at record highs, many people are turning to part-time work, the gig economy and the side hustle to make ends meet. Some of those are better than others. It’s probably not a great time, for example, to become a driver for
The Covid-19 crisis is requiring everyone to do something that former FBI hostage negotiator Chris Voss built a career on: make tough, stressful decisions. “I like action, I hate inaction and inertia, and with the pandemic, it is requiring us to make decisions,” said Voss, who now runs his own consulting firm, Black Swan Group.
Young couple sitting on sofa discussing finances getty Are you starting your career or a new job and want to know if you should opt in to the company 401(k) plan? Or are you new to saving in a 401(k) and want to learn about some of the basic features? If you just started a
getty Every year, the IRS releases its so-called “Dirty Dozen”—a list of scams that target taxpayers. This year, perhaps as no surprise, the list emphasized schemes related to coronavirus tax relief, including Economic Impact Payments. As the pandemic drags on, taxpayers and tax professionals would do well to familiarize themselves with the IRS’s list of the latest
When you think of real estate investment trusts (REITs), you might think of office parks… outlet malls… or residential leases. In more recent years, you might even think of rooms filled with giant data processors. I’m guessing you probably don’t think of buildings lined wall to wall with boxes of paper documents… Yet, that’s exactly
Nordstrom said Tuesday its net sales fell 53% during the second quarter, as its stores took a hit from being temporarily closed during the coronavirus pandemic, and its online business suffered due to a shift in timing of its annual Anniversary Sale. The company said its stores, including its off-price Nordstrom Rack locations, were closed for
Marc Benioff, chairman and chief executive officer of Salesforce.com speaks during the grand opening ceremonies for the Salesforce Tower in San Francisco on May 22, 2018. David Paul Morris | Bloomberg | Getty Images Salesforce shares rose as much as 12% in extended trading on Tuesday after the enterprise-software company reported fiscal second-quarter earnings that surpassed analysts’
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