Expo floor at the International Builders Show, one of the largest trade shows in the United States. … [+] (Photo by Roberto Gonzalez/Getty Images) Getty Images When one of the largest trade shows in an industry goes virtual, the announcement makes major waves. That was the case today when Design & Construction Week, the successful
Brock Bagby, the executive vice president of B&B Theatres, next to his father Bob Bagby, the CEO. B&B Theatres B&B Theatres, the sixth largest cinema chain in the U.S., has been operating for nearly 100 years. Its owners now say it is months away from filing for bankruptcy protection. The family-owned business has 48 theaters
Check out the companies making headlines in midday trading. Zoom Video — Shares of the video conferencing company gained more than 3% after Mizuho initiated coverage on the stock with a buy rating and $550 target. “We believe Zoom can continue to deliver outsized revenue growth due to its position as a market leader, its global
Some are calling it “a la carte stimulus,” with aid for airlines in column A, PPP aid in Column B, etc. Whatever it is, hopes for stimulus — pre-election, post-election, comprehensive package, stand-alone deal, whatever and whenever — is supporting breakouts in cyclicals like industrials, materials, consumer discretionary, and banks. Many big names like Caterpillar,
miodrag ignjatovic Taking steps to sort out your finances, including increasing your financial knowledge, can help alleviate money stress in times of uncertainty. Financial stress is nothing new for many Americans, and the coronavirus pandemic has exacerbated anxiety for a lot of people. As many as 84% said in September that the Covid-19 crisis is
Gassman, Crotty & Denicolo, P.A. Yesterday the SBA released the new Form 3508S (you can remember the new Form by the poem shown at the end of this article), together with an interim final rule, which is a very nice surprise for PPP borrowers who received loans of $50,000 or less. This comes on the
If you had told me at the end of last year’s filing season that this year’s would have been worse, I would not have believed you. No one would. Implementing the Tax Cuts and Jobs Act (TCJA) that was passed in a whirlwind at the very end of 2018 required a herculean effort from CPAs,
Owners excavated forty feet of cliffside to build the addition to the house Brian Kitts/Steel Blue As San Francisco’s property market continues with a slowdown, there are certain highly coveted pockets of land still riding a bullish wave. Sea Cliff, home to the likes of Marc Benioff and Jack Dorsey, sits in small northern corner
Noam Galai | WireImage | Getty Images Not even Santa knows what this holiday season is going to put under the tree for retailers. The challenges brought on by the coronavirus pandemic have upended the retail industry – forcing stores and malls temporarily shut, pushing some companies into bankruptcy court and accelerating store closures. It
A visual representation of bitcoin with U.S. dollars. studioEAST | Getty Images LONDON — After Facebook shocked policymakers with its plan to launch a digital currency last year, central banks have been forging ahead with discussions on how they could create their own virtual money. Now, they’ve come up with a rough framework for how
More than 26 million Americans are currently collecting unemployment benefits, according to the Labor Department. Of those, over 13 million are relying on pandemic-related programs for benefits, as they would not normally be eligible. But further stimulus package negotiations remain at a standstill, even as experts urge Congress to take action. More waiting could “lead to a weak recovery,
CNBC’s Jim Cramer said Friday the gains on Wall Street since March’s coronavirus lows fail to reflect the economic struggles throughout the U.S. and the need for additional stimulus. “The people need this. The stock market doesn’t show it, but the people absolutely need it.,” Cramer said on “Squawk on the Street.” The status of
U.S. President Donald Trump waves upon return to the White House from Walter Reed National Military Medical Center on October 05, 2020 in Washington, DC. Win McNamee | Getty Images News | Getty Images Millions of Americans have been waiting for Congress to pass another stimulus package that would deliver them financial relief during one
Treat Medicare Open Enrollment like you’re buying a car. getty Do you remember how much time you spent shopping for the last car you bought? One study said car buyers spend almost 15 hours. Now, think about your Medicare Advantage plan. How much time did you spend checking that out? There haven’t been any official studies but,
When employees make divisive or disruptive statements on political issues, employers can take … [+] careful steps to address inappropriate speech. getty Whether in conversation, social media, or sloganed political attire, divisive political expression has become conspicuous among employees. This can be disruptive to work operations or team spirit. Political acrimony can lead to legal
To Wall Street and many home builders, their business is moving units, turning inventory, generating margins of return on invested capital. To a strong, deep, and seemingly enduring stream of buyers, those teeming transactions are something else: home, livability, well-being, a place to prosper. New home buyers are ante-ing up in droves to solve a
American Airlines would be forced to discontinue service to additional U.S. markets in the absence of new coronavirus relief from Washington, CEO Doug Parker told CNBC on Thursday. The airline has already cut service to 13 cities through the month of November, Parker pointed out on “Squawk Alley,” shortly after House Speaker Nancy Pelosi, D-Calif., rejected the idea of
The White Lion pub seen at the Covent Garden. UK Covid-19 cases are now doubling every seven to eight days, Prime Minister Boris Johnson is considering national restrictions for a short period to “short-circuit” the virus. SOPA Images | LightRocket | Getty Images LONDON – The U.K. economy grew 2.1% in August on a monthly
More than 637 million people traveled within China over the past week in celebration of the country’s annual “Golden Week,” the country’s government said on Friday. The government estimates domestic travelers generated around 466 billion yuan ($68.6 billion) in tourism revenue during the holiday period. Two holidays converged this year: National Day, which celebrates the founding
A pedestrian wearing a protective mask carries a Converse Inc. shopping bag while waiting to cross a street in the Soho neighborhood of New York, on Thursday, Aug. 6, 2020. Nina Westervelt | Bloomberg | Getty Images Americans are saving more than ever during the pandemic, and Morgan Stanley says it may be enough to