The coronavirus pandemic has forced schools to shut their doors and forced students to take their classes — and exams — online. This year, some 3.4 million students are registered to take AP Exams, which are designed to test high school students’ understanding of college-level material, online between May 11 and May 22. With schools across
Month: May 2020
An airline pilot walks in front of a Tripadvisor store in Toronto Pearson airport. (Photo by Geovien So/SOPA Images/LightRocket via Getty Images) Geovien So | SOPA Images | LightRocket via Getty Images Check out the companies making headlines after the bell. Booking Holdings — The travel booking service’s stock whipsawed in extended trading after the
Budweiser beer bottle labels during a Anheuser-Busch InBev NV news conference in Hong Kong, China, on Tuesday, Sept. 17, 2019. Kyle Lam | Bloomberg | Getty Images Anheuser-Busch InBev, the world’s largest beer maker, forecast a “materially worse” second quarter as coronavirus restrictions curb drinking across the globe, while noting some improvement in China. The
A Boeing 747 cargo freighter belonging to the Atlas Air flies into the clouds after lifting off from Hong Kong International Airport, on 23 October 2017, in Hong Kong, Hong Kong. S3studio | Getty Images Not all airlines are reeling from the coronavirus pandemic. Cargo airlines are cashing in on rush for medical supplies and
Cari Gundee rides her Peloton exercise bike at her home on April 06, 2020 in San Anselmo, California. Ezra Shaw | Getty Images Peloton‘s revenue surged 66% during the fiscal third quarter, as more people purchased its fitness equipment and tuned into its live classes, to try to break a sweat while stuck at home
Couples wearing face masks amid concerns over the COVID-19 novel coronavirus walks through a market in Seoul on April 22, 2020. Ed Jones | AFP | Getty Images The tulips were blooming in Seoul and Dr. Jerome Kim was strolling in his government-issued KF-94 mask with his wife when he got a text message alerting
US President Donald Trump speaks about COVID-19, known as coronavirus, after signing a Proclamation in honor of National Nurses Day in the Oval Office of the White House in Washington, DC, May 6, 2020. Saul Loeb | AFP | Getty Images The White House is weighing a second Tax Day delay, according to NBC News.
Peloton machine Source: Peloton Many on Wall Street were convinced the usual playbook would occur when this market and economic downturn hit. Bubble-like tech stocks that led the way up would get crushed as a bear market exposed their hype and sent stock speculators scrambling. But the opposite has happened. The names skeptics used to
Mark Cuban, billionaire investor on ABC’s “Shark Tank,” says the so-called American Dream is “why I do the show and that kind of drives what I invest in.” “You can be anywhere in the country and start a company and make it to the carpet in front of us and potentially get a deal,” he
Richmond Federal Reserve President Thomas Barkin told CNBC that he still doesn’t expect negative interest rates to become official policy, even as markets pulled the central bank in that direction. Traders on Thursday priced in a negative federal funds rate by December 2020, lasting at least to January 2022, amid expectations that the central bank
Benjamin Kapelushnik, a.k.a. Benjamin “Kickz”, may only be 16 years old, but he has been serving the “sneakerhead” community for years by reselling rare sneakers to celebrities and the public on his website. His clients include hip-hop moguls such as Snapchat co-star DJ Khaled and pro athletes. ————————————————– Follow BI Video on Twitter: http://bit.ly/1oS68Zs Follow
Take our survey and tell us what you’d like to see more of from our YouTube channel: https://bit.ly/33SJ8AI. ► Read Trade war risks dominates investors’ radar screens https://on.ft.com/2GyAITP Russia’s most ambitious energy project since the fall of the Soviet Union – the Power of Siberia – will be its first gas pipeline to head east,
For nearly 40 years, Geoff Hinton has been trying to get computers to learn like people do, a quest almost everyone thought was crazy or at least hopeless – right up until the moment it revolutionized the field. In this Hello World video, Bloomberg Businessweek’s Ashlee Vance meets the Godfather of AI. #BloombergHelloWorld ——– Like
Two years ago, FaZe Dubs and FaZe Megga were just teens playing video games in their bedrooms. Now, they are making over $100,000 playing “Fortnite” and are two of the youngest players in the Fortnite World Cup. #Fortnite #FaZeDubs #FaZeMegga #CNNBusiness
rmbarricarte When John Vogt, Jr. wondered where his stimulus check was, he was shocked to find out that he was not eligible for one. Vogt, 49, of Bronx, N.Y., is a fourth-generation American. In July, he married to a woman who is a Brazilian citizen. This year, they filed a joint tax return as a
Naguib Sawiris, billionaire and chairman of Orascom Investment Holding. Sima Diab | Bloomberg | Getty Images Egyptian billionaire Naguib Sawiris says he would buy airlines, going against fellow billionaire investor Warren Buffett, who announced that Berkshire Hathaway sold all its airline stocks at the firm’s annual meeting on Saturday. Sawiris, chairman and CEO of Orascom Investment
Chicago-based millennial Alex Sanchez earned more than $230,000 last year. The bulk of his income came from his day job: He works about 60 hours a week as an overhead lineman for an electrical utilities company. Between his $120,000 base salary, $10,000 annual bonus and overtime pay, he makes more than $200,000. The 25-year-old also brings
One of the world’s leading authorities on Asia is worried Wall Street is miscalculating China’s efforts to reopen its economy. While it’s going relatively smoothly on the supply side, Yale University senior fellow Stephen Roach warns the demand side is struggling, and that’s a bad sign for the U.S. economy as it begins reopening. “Chinese consumers
Sarah Whitten | CNBC Consumers stocked up on board games, not Barbie dolls, amid the coronavirus pandemic, sending Mattel’s sales in the first quarter tumbling. While toy sales across the industry rose 7.6% between January and March, according to NPD data, it seems that lockdowns aren’t giving all toymakers a boost. On Tuesday, Mattel reported
Flight attendants talk in a nearly empty cabin on a Delta Airlines flight operated by SkyWest Airlines as travel has cutback, amid concerns of the coronavirus disease (COVID-19), during a flight departing from Salt Lake City, Utah, April 11, 2020. Jim Urquhart | Reuters A lobbying group representing U.S. airlines on Wednesday said federally mandated
Medicare isn’t free. And for beneficiaries whose income suddenly has dropped, that fact may now be more challenging. More than a third (37%) of Medicare recipients have experienced income loss due to the coronavirus crisis, according to a recent survey from ehealth.com. Younger beneficiaries are more likely to have suffered: 40% of respondents age 65
CNBC’s Jim Cramer said Wednesday that investors cannot ignore the rising popularity of plant-based meat products. “This movement is happening. You’ve got to get on the bus or … get left behind,” Cramer said on “Squawk on the Street.” Cramer acknowledged there are not huge sales just yet for a company like Beyond Meat, which after-the-bell Tuesday
In such an uncertain and competitive job market, there’s never been a more important time to polish your resume (even if you aren’t on the job hunt right now). Before you get started, take some time to think about your strengths, weaknesses and goals. Also keep in mind who your competition is and what unique skills
Norwegian Cruise Line raised more than $2 billion in a mix of stock and debt, ensuring the company can outlast the coronavirus pandemic for at least the next year without any revenue if necessary, the company announced Wednesday. The company warned Tuesday that it might not have enough funding to get through the next 12 months. The fresh
People walk past the New York Times building on October 14, 2019 in New York City. Eduardo Munoz Alvarez | VIEW press | Corbis | Getty Images The New York Times Company said Wednesday it expects advertising revenue to fall between 50-55% year-over-year in the second quarter as impacts of the pandemic are hitting demand for
Ground staff load baggage on a United Airlines airplane at Newark Liberty Airport on March 23, 2018 in Newark, New Jersey. Gary Hershorn | Getty Images United Airlines on Wednesday tried to soothe labor tensions by making some mandatory schedule reductions voluntary, after a union sued, alleging the company was violating the terms of billions of
The Tesla Model 3 received a five-star test rating from safety organizations in North America, Europe, and Australia, including the highest rating of any sedan in the European New Car Assessment Programme’s Safety Assist category and the 2019 Insurance Institute for Highway Safety’s Top Safety Pick+ vehicle, the highest achievement awarded by the Institute. We
► Read more at https://on.ft.com/2RrYp59 The Danish lender faces a criminal investigation from the US Department of Justice after being caught up in one of the world’s biggest money laundering scandals, with clients linked to organised crime, drugs and tax evasion ► Subscribe to FT.com here: http://bit.ly/2GakujT ► Subscribe to the Financial Times on YouTube:
Mar.01 — Oprah Winfrey reveals what the poet Maya Angelou told her about creating a legacy and understanding the value of what one leaves behind. She speaks with David Rubenstein in the season two premiere of “The David Rubenstein Show: Peer-to-Peer Conversations” on Bloomberg Television.
99 Cents Fresh Pizza offers the most economical slice in NYC while Nino’s Bellissima sells the most luxurious pie at $1,000.