The former Calabasas, California home of Kylie Jenner is on the market for $3.6 million. The house is located in the exclusive Oaks neighborhood, where her mother, Kris Jenner, and sisters, Khloe and Kourtney Kardashian, also owned properties. In 2015, when she was 17, Jenner bought the house for $2.6 million. She sold it two years later
Month: May 2020
Box forecast annual revenue above analysts’ estimates and beat targets for quarterly sales on Wednesday, as demand rises for its online collaboration tools due to the global shift to work from home caused by the Covid-19 pandemic. Box is the latest to signal the lift from firms increasingly using video conferencing and other remote work
Signage is displayed outside Morgan Stanley & Co. headquarters in the Times Square neighborhood of New York. Michael Nagle | Bloomberg | Getty Images Morgan Stanley is planning to kick off the return of trading personnel to its New York headquarters in mid to late June, according to people with knowledge of the situation. The
Nordstrom‘s net sales fell 40% during its fiscal first quarter, the company said Thursday, but the department store chain is confident it remains in a strong financial position to work through the coronavirus pandemic, unlike some of its struggling peers. Department store operators Neiman Marcus, J.C. Penney and Stage Stores have all filed for bankruptcy protection
PNC Financial’s Amanda Agati is on alert. With the major indexes on the cusp of their second positive month in a row, the firm’s chief investment strategist believes stocks are getting too expensive, and the historic rebound may soon hit a breaking point. “The market is getting pretty far ahead of itself,” she told CNBC’s
Getty Images Taxpayers marooned at home will now be able to submit amended income tax returns to the IRS electronically. The tax agency announced on Thursday that it would begin accepting amended returns via e-file this summer. Once the e-file option becomes available, filers will only be able to amend their 2019 return. Remember, you
Airlines tend to see a spike in passengers starting Memorial Day weekend — even during a pandemic, it turns out: 348,673 people passed through security checkpoints at U.S. airports on Friday, March 22, more than three times the amount from a month ago, according to the Transportation Security Administration. Still, the number of travelers was
Pedestrians are reflected in the window of an Abercrombie & Fitch store in New York. Craig Warga | Bloomberg | Getty Images Abercrombie & Fitch‘s sales tanked 34% during the first quarter, the company announced Thursday, as its stores were forced shut during the coronavirus pandemic, and people purchased less apparel as they were holed
Mohamed El-Erian told CNBC on Tuesday that there was “good news across the board” on the coronavirus battle as U.S. stock surged. Appearing on “Squawk Box,” the chief economic advisor at Allianz said he is encouraged by developments on a potential Covid-19 vaccine and the lack of a dramatic spike in new cases as states moved to reopen
From kitchens deep within Miami Hard Rock Stadium, a culinary staff of 3,000 people are dishing out all the food for Super Bowl LIV. Chefs are flown in from all over the country to help feed 215,000 of football’s biggest fans. They’re hustling non-stop to cook 10,000 hot dogs and 400 different menu items in
Italy’s Capanna Margherita sits among the clouds almost three vertical miles above sea level – but has a bar, restaurant, beds for 70 and even a small library. The FT Travel Editor Tom Robbins makes the long journey to a remarkable hotel. Read about the best luxury trains: https://on.ft.com/2k3c9bw ► Check out our Community tab
The Real Wolf of Wall Street Jordan Belfort discusses his plan to repay victims of his investment scam and why Wall Street CEOs haven’t been prosecuted for crimes related to the financial crisis. He speaks on “Taking Stock.” ———- Like this video? Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg?sub_confirmation=1 Bloomberg is the First Word in business
Detroit is in a period of economic recovery, yet many of the hardest hit still don’t have adequate housing. The Cass Community Center Tiny Homes Project’s answer was to build 25 houses for less than $45,000 each.
Shoppers walk out with full carts from a Costco store in Washington, DC, on May 5, 2020. Nicholas Kamm | AFP | Getty Images Costco saw sales grow in the fiscal third quarter, as it benefited from customers buying huge packs of toilet paper, cases of bottled water and other bulk items during the coronavirus pandemic
The New York Stock Exchange (NYSE) stands in lower Manhattan on May 18, 2020 in New York City. Spencer Platt | Getty Images Dow Jones Industrial Average falls 147 points The Dow fell 147.63 points, or 0.58%, to close at 25,400.64. The S&P 500 dipped 0.21% to 3,029.73. The Nasdaq Composite advanced 0.46% to 9,368.99.
Squaredpixels | E+ | Getty Images If you’re like most Americans, you are probably watching Capitol Hill closely to see if new relief legislation will include another round of stimulus checks. To ensure you get that money, you would also be wise to do something else – file your federal tax returns, if you haven’t
Everyone has their own way of relieving pandemic stress – Bethenny Frankel, for example organizes her home, while Kevin O’Leary takes long bike rides. For billionaire Bill Gates, reading and watching TV and movies helps “stem the tide” of anxiety amid the Covid-19 pandemic, he said in a blog post on May 18. “I’m often asked about what I am reading
The chicken in Popeye’s sandwich crunches audibly when you bite in, with all those nooks and crannies on the surface shattering into a thousand delicious pieces. Nick Kindelsperger | Tribune News Service | Getty Images Even in the midst of a global pandemic, consumers still want Popeyes Louisiana Kitchen’s chicken sandwich. The chain’s parent company Restaurant
Closed signs hang on a fast food restaurant amid the coronavirus pandemic on April 24, 2020 in New York City, United States. COVID-19 has spread to most countries around the world, claiming over 196,000 lives with over 2.8 million cases. (Photo by Alexi Rosenfeld/Getty Images) Alexi Rosenfeld A type of loan for small businesses impacted
Image Source | Getty Images Millionaire investors are betting that stocks will take at least a year to regain their previous highs, according to the CNBC Millionaire Survey. Despite the continued surge in the stock market since its March lows, millionaire investors remain skeptical of the market’s V-shaped recovery. A majority of millionaires surveyed said
A major market shift is forming as the economy begins to reopen: Value stocks are gaining popularity over growth names, including technology. But according to Oppenheimer Asset Management’s John Stoltzfus, that doesn’t mean the winners will automatically become losers. The market bull sees technology as a vital part of the economic fight to function amid
A House bill with bipartisan support would allow 2020 college graduates to postpone their student loan payments for three years without interest accruing. Meanwhile, Sen. Mitt Romney, R-Utah, has introduced legislation in the Senate that would do the same. “Students graduating from college this year are suddenly facing significant hurdles entering the workforce,” Romney said
When you’re sheltering in place, meal and snack times tend to be a bit of blur. There’s always time and opportunity nosh on something throughout the day— and the fridge and pantry is only a few steps away. “We have lost track of time in many respects. Sometimes, I go into the kitchen and look for
An employee carries an order for a customer at a Domino’s Pizza restaurant in Detroit. Sean Proctor | Bloomberg | Getty Images Domino’s Pizza said Tuesday that its U.S. same-store sales climbed 14% during the first two months of its second quarter. As the broader fast-food industry has seen many of its customers return, Domino’s has
How many times lately have you seen a news story about the incredible disconnect between the stock market, now up 37% from the March bottom, and the dire reality of unemployment heading to 25%, municipal fiscal woes, and widespread concerns about the next surge of Covid-19? The negative tone of the news is reinforced by
Aboard the world’s largest cruise ship, being a performer is not always smooth sailing. Sure, you get to travel the world, but performers aboard Royal Caribbean’s Symphony of the Seas are actually serious athletes. We went behind the scenes with the main character in the ship’s water show to see what the job is really
► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs Revolutions, conflicts and surprise election results all constitute political risk. Companies need to tackle these to take advantage of areas with high potential returns. Michael Skapinker investigates for FT Special Reports series on corporate longevity. For more video content from the Financial Times, visit http://www.FT.com/video Twitter
A member of a ground crew walks past American Airlines planes parked at the gate during the coronavirus disease (COVID-19) outbreak at Ronald Reagan National Airport in Washington, April 5, 2020. Joshua Roberts | Reuters American Airlines has started alerting travelers about crowded planes before their trips and allowing them to switch to other flights in
Pedestrians pass in front of a Nordstrom Inc. store in the Midtown neighborhood of New York, on March 20, 2020. Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Nordstrom – Shares of the retailer surged more than 12%, making it the top-performing stock in the S&P 500,
Justin Horrocks | Vetta | Getty Images Laid-off employees who reject an offer of rehire may wind up being reported to the state unemployment office if their company took a forgivable federal loan. The Paycheck Protection Program is a federal loan program that was established by the CARES Act. It covers up to eight weeks
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