Jeffrey Ubben Source: BusinessWire Jeffrey Ubben is betting on widescale adoption of clean energy through his new fund Inclusive Capital Partners, which he launched in June after stepping away from ValueAct to focus on sustainable investing full time. His fund is the lead investor in a company being formed through a partnership between Schneider Electric
The Federal Emergency Management Agency, which is overseeing program funding, had approved 13 states to offer the extra unemployment benefits as of around noon ET on Friday. Those states are: Arizona, Colorado, Idaho, Iowa, Kentucky, Louisiana, Maryland, Michigan, Missouri, Montana, New Mexico, Oklahoma and Utah. Seven others — Alabama, Alaska, Arkansas, California, Indiana, Texas and West
President Donald Trump speaks during a rally at Yuma International Airport in Arizona on Aug. 18. Brendan Smialowski | AFP | Getty Images Employers and payroll companies have less than two weeks to put President Donald Trump’s payroll tax deferral in place. It’s looking like an uphill battle. The president signed an executive order on
By Grace Birnstengel, Next Avenue Editor “I’m sometimes a bit lonely, but I’m adjusting,” says Louise Jackson, 83, of the pandemic. Courtesy of Louise Jackson Nearly six months into the pandemic, the biggest change to Carmen and Bernie Rollins’ lives is a lack of spontaneity. The retired couple in San Bernadino County’s Upland, Calif., ages
getty Feeling overwhelmed and not sure how to handle those overdue notices from the Internal Revenue Service (IRS)? You aren’t the only one. Taxpayers have been complaining about the receipt of notices showing a balance due with impossible deadlines. How many notices went out? According to the Taxpayer Advocate, during the pandemic-related shutdown, the IRS generated
SHANGHAI, CHINA – APRIL 12: Adam Neumann, co-founder chief executive officer of WeWork, and Victor … [+] Fung Kwok-king (R), chairman of Fung Group, attend a signing ceremony at WeWork Weihai Road flagship on April 12, 2018 in Shanghai, China. World’s leading co-working space company WeWork will acquire China-based rival naked Hub for 400 million
A pedestrian wearing a protective mask walks near a temporarily closed New York & Co. store in Silver Spring, Maryland, U.S., on Friday, June 5, 2020. Andrew Harrer | Bloomberg | Getty Images Over a two-week span in early July, seven retailers, including The Paper Store, Brooks Brothers and Lucky Brand, filed for bankruptcy protection. J.Crew, Neiman
A man walks outside of a Walmart in China. Tomohiro Ohsumi | Bloomberg | Getty Images Walmart’s online shopping strategy is paying off in China, arguably one of the most developed e-commerce markets in the world. The giant discount retailer reported Tuesday that net e-commerce sales in China grew 104% from a year ago in the
Take a look at some of the biggest movers in the premarket: Deere (DE) – The heavy equipment maker reported quarterly earnings of $2.57 per share, well above the consensus estimate of $1.26 a share. Revenue also came in above Wall Street forecasts and Deere raised its full-year outlook, although it said many uncertainties remain
Travel planning has changed — and not in a good way. In addition to booking a flight and hotel, travelers are faced with questions that were unthinkable just six months ago. Where can I go? Do I need a negative Covid-19 test result to enter? Must I quarantine upon arrival? If I’m allowed in, should
Even as the pandemic rages on, many eviction protections are coming to an end. No-Mad | iStock | Getty Images President Donald Trump said earlier this month that he didn’t want people evicted during the pandemic and that his executive action “will solve that problem largely, hopefully completely.” Experts disagreed, since the president was only
Small-business devastation during the coronavirus crisis presents risks to capitalism in the United States, Mohamed El-Erian told CNBC on Thursday. “If you want capitalism to be sustained, you need buy-in from a lot of people. You cannot get buy-in if it’s all about large corporations,” the chief economic advisor at Allianz said on “Squawk Box.” “Remember
By Richard Eisenberg, Next Avenue Editor getty Back in 1982, I remember devouring futurist John Naisbitt’s bestseller, Megatrends: Ten New Directions Transforming Our Lives. Now, Wharton management professor Mauro F. Guillén has published 2030: How Today’s Biggest Trends Will Collide and Reshape the Future of Everything. It’s equally fascinating, for its predictions ranging from the
Rendering of a red elephant in a spotlight representing the Republican Political Party in front of … [+] the American Flag. getty President Trump’s sagging poll numbers have prompted some eager speculation about the future of the Republican Party. If Trump loses, will the GOP rethink its political strategy? Recast its policy agenda? Or will it double down on both
Erik Hayden is the Founder and Managing Partner of Urban Catalyst. getty “Location, location, location.” That’s what every real estate expert has been telling property investors since the dawn of time are the three most important indicators of value and profitability. Why would it be any different when considering which opportunity zone fund to invest in,
National Development and Reform Committee announced that we are ready to launch iron ore futures in Beijing, China. TPG | Getty Images Iron ore prices have soared to multi-year highs this week as Chinese government stimulus spurs infrastructure building, boosting prices of the commodity even amid a global pandemic. Spot iron ore prices rose to around $130
Jen-Hsun Huang, president and chief executive officer of Nvidia Corp., speaks during the company’s event at Mobile World Congress Americas in Los Angeles on Oct. 21, 2019. Patrick T. Fallon | Bloomberg | Getty Images Shares of graphics card maker Nvidia fell as much as 2% in extended trading on Wednesday after the company reported better-than-expected fiscal
He’s known as one of Wall Street’s longtime bears. But David Rosenberg appears to exude more optimism than pessimism these days. The chief economist and strategist at Rosenberg Research sees signs the economy doesn’t require a second coronavirus aid package right now. “Maybe we don’t need to have another stimulus package this quickly because the
Unlike some other mega-billionaires, Warren Buffett’s net worth has taken a bit of a hit in 2020, thanks to a volatile stock market and an economy suffering the effects of the coronavirus pandemic. Berkshire Hathaway, the investment vehicle for the “Oracle of Omaha,” has seen its stock dip by roughly 8% since the start of
Hill Street Studios | DigitalVision | Getty Images Some taxpayers are getting a surprise in the mail from the IRS: a notice indicating that they still owe money, even if they’ve paid. Earlier this spring, when many IRS workers — as well as many other employees — were told to work from home due to