On the North Shore of Martha’s Vineyard, on an oceanfront three and one-half acre lot overlooking the Elizabeth Islands, a striking example of biophilic design has recently been completed. The 5,260 square-foot contemporary house, designed by Tom Tate of the Vineyard’s Tate Builders, is called Minawetu, loosely translated from the Algonquin language to mean “Island
Month: July 2021
Technicians work in the assembly line of German carmaker Volkswagen’s electric ID. 3 car in Dresden, Germany, June 8, 2021. Matthias Rietschel | Reuters Volkswagen posted record first-half earnings on Thursday while also raising its target for profit margin. The results are a marked improvement from the same period last year when demand was ravaged
In this article F Ford Motor Co. CEO Jim Farley walks to speak at a news conference at the Rouge Complex in Dearborn, Michigan, September 17, 2020. Rebecca Cook | Reuters DETROIT – Ford Motor is expected Wednesday to report a slight loss for the second quarter as the semiconductor chip shortage causes significant production
In this article OCBC-SG UOBH-SG DBSM-SG Automated teller machines of the three Singapore-listed banks: OCBC, DBS and UOB. Munshi Ahmed | Bloomberg | Getty Images SINGAPORE — Shares of Singapore’s top three banks rose Thursday after the country’s financial regulator lifted a cap on dividend payouts that was implemented following the Covid-19 pandemic. Singapore’s largest
The Federal Reserve on Wednesday held its benchmark interest rate near zero and said the economy continues to progress despite concerns over the pandemic spread. As expected, the Federal Open Market Committee concluded its two-day meeting by keeping interest rates in a target range near zero. Along with that, the committee reiterated its view that
The Federal Reserve said Wednesday it will keep its benchmark interest rate near zero despite signs inflation is heating up. While rising prices brought on by supply constraints and a sudden spike in consumer demand are paving the way for the Fed to unwind last year’s bond buying, the central bank said it is sticking with ultra-accommodative
The low- or no-interest family loan is one of the best strategies to hedge against the numerous proposed increases in income and estate taxes and to take advantage of today’s low interest rates. A family loan reduces income and estate taxes under the current law but also has flexibility so it can be adapted to
The most expensive home sale on record for Britain will soon begin a renovation expected to cost nearly as much as its original $275 million purchase price. Rutland Gate, the 62,000 square foot mansion overlooking Hyde Park in London’s Knightsbridge neighborhood, was purchased last year by Cheung Chung Kiu for $210 million pounds (approximately $275
In this article AMCX Bob Odenkirk attends the 2020 Film Independent Spirit Awards on February 08, 2020 in Santa Monica, California. Jeff Kravitz | FilmMagic, Inc | Getty Images Actor Bob Odenkirk is in stable condition at a New Mexico hospital after suffering a heart attack while on the set of AMC’s “Better Call Saul.”
In this article FB CEO of Facebook Mark Zuckerberg walks to lunch following a session at the Allen & Company Sun Valley Conference on July 08, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Facebook is set to report its second-quarter earnings after market close on Wednesday. Here’s what Wall Street is expecting:
Photo Illustration by Pavlo Gonchar SOPA Images | LightRocket | Getty Images Robinhood, whose stock trading app has surged in popularity among retail investors, sold shares in its IPO at $38 a piece, according to a person familiar with the matter. That values the company at about $32 billion. Ahead of its Nasdaq debut on
In this article AMZN Sen. Elizabeth Warren on Wednesday reignited her push for a tax on the wealth of the richest Americans and called out billionaire Amazon founder and nascent space-tourism magnate Jeff Bezos for what she views as his failure to pay his fair share. “I want to see us tax wealth, however your
Yuriko Nakao | Getty Images The U.S. Marshals Service, one of the primary law enforcement agencies of the Department of Justice, has hired custodian Anchorage Digital for cryptocurrency seized or forfeited in various criminal cases. The Marshals Service has spent more than a year seeking a custodian and financial services provider for its stockpile of
People line up outside a newly reopened career center for in-person appointments in Louisville, Kentucky, U.S., April 15, 2021. Amira Karaoud | Reuters There’s good news for some who claimed unemployment benefits in 2020. The IRS is sending another 1.5 million refunds to people who were taxed on unemployment income last year before a portion
As people age, sometimes they are more willing to overlook what needs fixing at home. Maybe it feels like too much to vet contractors, or get bids. One gentleman in his 80’s comments at AgingParents.com, “I’ll just let my kids take care of it. I’ll probably be gone in five years”. Is that fair? We
“Invert, always invert.” – Carl Jacobi, 19th Century Mathematician A friend of mine who’s a fan of Charlie Munger recently talked with his son about his goal of making the high school basketball team. My friend asked, “What sort of things would you do if you wanted to be sure you won’t make the team?”
Singer-songwriter Anthony Kiedis of Red Hot Chili Peppers fame has another hit on his hands, but it’s not a single or the rock band’s long-awaited studio album No. 12. It’s a custom home the frontman had built along Kauai’s North Shore, where stretches of boulder-strewn sand give way to stunning ocean views. Priced at $9.975
A city-operated mobile pharmacy advertises the Covid-19 vaccine in a neighborhood near Brighton Beach on July 26, 2021 in the Brooklyn borough of New York City. Spencer Platt | Getty Images News | Getty Images Starting this Friday, New York City will pay $100 to anyone who goes to a city-run vaccination site for their
In this article BA A Boeing 737 MAX airplane lands after a test flight at Boeing Field in Seattle, Washington, U.S. June 29, 2020. Karen Ducey | Reuters Boeing reported its first quarterly profit in almost two years on Wednesday, boosted by a surge in deliveries of commercial jetliners as airlines began recovering from the
In this article ATVI A logo outside the Google Store Chelsea in New York, May 28, 2021. Victor J. Blue | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Alphabet — Shares of the Google parent popped more than 3% on the back of the company’s stellar quarterly earnings. Alphabet
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