This photo of a production version of Tesla’s Model Y was included in the company’s Q4 2019 earnings report. Tesla Tesla plans to report second-quarter results Wednesday after the bell, and all eyes are on the bottom line at Elon Musk’s electric car and renewable energy business. If Tesla achieves positive net income for the
Tesla CEO Elon Musk arrives at federal court, April 4, 2019 in New York City. A federal judge will hear oral arguments this afternoon in a lawsuit brought by the U.S. Securities and Exchange Commission (SEC) that seeks to hold Musk in contempt for violating a settlement deal. Drew Angerer | Getty Images Tesla shares
How the next big stimulus package plays out could have a big impact on Social Security and Medicare … [+] recipients. getty Anyone who cares about Social Security and Medicare should be paying attention to the back-and-forth in Congress on the next stimulus package in response to the Covid-19 pandemic. The latest Republican summary of
10’000 Hours The ask First, take your pre-Covid-19 job description and evaluate how your position has changed since. “You have probably taken on way, way more responsibilities,” said Jaras, author of “Know Your Worth, Get Your Worth” and host of the podcast, Her Career Talk. Take a “red marker” to that job description and underline
A BronCore Fitness bootcamp in the Boston Commons. Bron Volney Jacob Gise opened a Body Fit Training franchise in Santa Monica, California, in November. By March, the flagship U.S. studio of the global chain had just become profitable. Gise had traveled to Australia, where Body Fit Training began, to learn the ropes, so he was
The CARES Act eviction ban expires today. Here are the bills in Congress that aim to offer further … [+] assistance for struggling renters. getty The CARES Act eviction moratorium expires today, as the U.S. House and Senate are yet to engage in discussions how to support renters in the protracted economic downturn amid rising
While toilet paper has mostly returned to the shelves since the panic buying of the early pandemic days in March, disinfectant wipes are still in short supply. Just last week, CNBC’s “Mad Money” host Jim Cramer complained on Twitter about not being able to find Lysol products in New York. Demand for both toilet paper
A Surgutneftegas worker near pumpjacks in Surgut Region of the Khanty-Mansi Autonomous Area – Yugra, in the West Siberian petroleum basin. Alexei Andronov | TASS via Getty Images Oil and gas majors are likely to report “horrendous” second-quarter results over the next two weeks, energy analysts have told CNBC, with the three-month period through to
Copies of the Financial Daily newspaper featuring a front page report on Goldman Sachs Group Inc. are displayed for sale at a stand in Kuala Lumpur, Malaysia, on Tuesday, Dec. 18, 2018. Nadirah Zakariya | Bloomberg | Getty Images Goldman Sachs said Friday that it settled a key part of an international scandal by agreeing
This strategy offers a safe balance between too much frugality and too much spending in retirement Getty Images/iStockphoto Many retirees are spending their retirement savings quite frugally, according to a handful of recent reports and studies. These studies—from the Employee Benefits Research Institute, United Income, and the Boston College Center for Retirement Research—reveal that as
MIAMI SPRINGS, FLORIDA – JULY 16: Jose Abreu (C) and Shanita Rojas (R) protest in support of … [+] continuing federal supplemental unemployment benefits. Unemployment claims in Florida are increasing faster than the rest of the country. (Photo by Joe Raedle/Getty Images) Getty Images Senate Republicans and the White House may have reached a deal
Cynthia Pineda lost her accounting job in early April. Without the $600 weekly unemployment boost, she’ll get just $275 each week in aid from Florida. Meanwhile, finding a new job has proven extremely challenging. Cindy Pineda was the breadwinner of her family before the coronavirus pandemic hit. But Pineda, 60, lost her accounting job in
When owners and tenants negotiate a lease amendment, they have to be careful about some concerns … [+] that are not obvious. ranjan samarakone Owners, tenants, and their attorneys and other advisers have lately spent a lot of time renegotiating leases to give tenants some breathing room in today’s virus-driven shutdowns. Those negotiations tend to
U.S. President Donald Trump is seated prior to signing an executive order regarding social media companies in the Oval Office of the White House in Washington, U.S., May 28, 2020. Jonathan Ernst | Reuters President Donald Trump announced Friday he will sign four executive orders aimed at lowering the high cost of prescription drugs in the
Dow Inc. swung to a second-quarter loss on Thursday as demand plunged for its chemicals from consumer durables and construction material makers and said it would reduce its workforce by 6% to weather the coronavirus crisis. The company posted a net operating loss, which excludes certain items, of $189 million, or 26 cents per share,
Laurence “Larry” Fink, chairman and chief executive officer of BlackRock. Chris Goodney | Bloomberg | Getty Images Company insiders are dumping shares as stocks experience their epic rebound from the coronavirus recession. The sales are a major shift from the insider buying frenzy during the market bottom in March. Among the sellers are the heads
getty When to collect Social Security and which strategy to use has become a popular topic over the last few years, and a lot of ink has been spilled on the subject. Usually it focuses on how much you might be able to collect through retirement by waiting, or perhaps how much you would give up
getty The owners of the venerable “Tony Luke’s” cheesesteak franchise in Philadelphia have been charged with conspiracy to defraud the Internal Revenue Service (IRS), tax evasion, and aiding and assisting in filing false tax returns. According to the indictment, Anthony Lucidonio Sr., 82, and his son, Nicholas Lucidonio, 52, both of New Jersey, owned and operated Tony
People who lost their jobs wait in line to file for unemployment benefits, following an outbreak of the coronavirus disease (COVID-19), at Arkansas Workforce Center in Fort Smith, Arkansas, U.S. April 6, 2020. Nick Oxford |File Photo | REUTERS In mid-March, Erin Madden was furloughed from her job as a bartender at the Hollywood Burbank
A beachfront residence is seen in East Hampton, New York. Jeffrey Basinger | Reuters Home prices in the Hamptons hit new records as wealthy New Yorkers fled the Covid-19 troubles of the city for the beach, according to a new report. The median price of a single-family home in the Hamptons reached $1.1 million in