Month: October 2020

Miami, Florida, USA skyline on Bisayne Bay at dusk. getty With Florida governor Ron DeSantis declaring the Sunshine State to enter Phase 3 late last month, restrictions were lifted at the state’s restaurants and other businesses. An unfettered return to business as usual seemed to synch with earlier predictions by real estate experts that Florida
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Billionaire tech icon and philanthropist Bill Gates says it is “inappropriate” to refer to the experimental coronavirus monoclonal-antibody treatment that President Donald Trump received earlier this month as a “cure.” “The word ‘cure’ is inappropriate, because it won’t work for everyone,” Gates said in an interview on NBC’s “Meet the Press” on Sunday. However, Gates
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Dillard’s department store. Source: Zereshk | Wikipedia Shares of Dillard’s jumped 15% during premarket trading on Monday after one of Warren Buffett’s investing lieutenants disclosed a personal stake in the embattled retailer. According to filings with the Securities and Exchange Commission, Ted Weschler, who is an investment manager at Berkshire Hathaway, bought roughly 1.08 million
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Southwest Airlines Boeing 737-7H4 takes off from Hollywood Burbank Airport on September 16, 2020 in Burbank, California. AaronP/Bauer-Griffin | GC Images | Getty Images Southwest Airlines is pushing into United Airlines‘ territory. Dallas-based Southwest on Monday said it plans to add service at Houston’s George Bush Intercontinental Airport and Chicago O’Hare next year, two United
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CNBC’s Jim Cramer said Monday there are structural forces exacerbated by the coronavirus pandemic that support continued strength in the stock market, regardless of the presidential election outcome. “I think there’s a genuine belief that it doesn’t matter who wins. It doesn’t matter about stimulus,” Cramer said on “Squawk on the Street.” “There are enough
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FatCamera | E+ | Getty Images You may have recently received a new disclosure form, as mandated by federal securities regulators, from your financial advisor. Or, maybe not. And from where some experts stand, that may not be a bad thing. While a broad swath of the nation’s broker-dealers and registered investment advisors — known
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Millions of Americans are hoping another $1,200 stimulus check will make it to their bank accounts. Whether that happens or not depends on Congress. Republicans, Democrats and the White House still have not been able to strike a compromise on how much to spend and where to provide aid for the next coronavirus stimulus package.
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British Airways’ announcement fell short for some frequent fliers who expressed their disappointment online. Scott Barbour British Airways Chairman and CEO Alex Cruz will step down as the airline’s chief executive, parent firm IAG announced on Monday, with Aer Lingus Chairman and CEO Sean Doyle set to take the reins after a transition period. “We’re
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People wearing face masks walk along Qianmen street to shop during the country’s national “Golden Week” holiday in Beijing on October 5, 2020. Noel Celis | AFP | Getty Images BEIJING – Chinese tourists shopped more in their home country during the latest “Golden Week” holiday, as the coronavirus pandemic kept millions from traveling overseas.
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