“It’s been a whirlwind, to say the least,” says Rosemary Ketchum. Ketchum, 26, became the first openly transgender elected official in West Virginia when she won a city council seat in Wheeling on June 9. She is now one of 27 out trans elected officials in America, according to the LGBTQ Victory Fund. Ketchum’s may seem an unlikely
Month: June 2020
[The stream is slated to start at 12 p.m. ET. Please refresh the page if you do not see a player above at that time.] SEC Chairman Jay Clayton is testifying in front of the House Financial Services Subcommittee on Thursday. The hearing will center on “Capital Markets and Emergency Lending in the COVID-19 Era”
An Olive Garden restaurant in Times Square in New York. Richard Levine | Corbis | Getty Images Darden Restaurants on Thursday reported that same-store sales were nearly cut in half during the fiscal fourth quarter as dining room closures from the coronavirus pandemic weighed on its revenue. But the Olive Garden parent expects its business to
Getty Images Movie theater owners may be eager to reopen their screens to the public, but health experts aren’t convinced that it’s time to head back to cinemas. Coronavirus cases in the U.S. have not slowed. In fact, the country reported more new Covid-19 cases on Wednesday than any single day before. Nearly half of
xavierarnau When it comes to retiring, few people want to quit work cold turkey. Close to 6 out of 10 workers around the world would like a phased transition — a gradual shift from full-time work into part-time or freelancing — as they enter retirement, according to a survey from the Transamerica Center for Retirement Studies.
Vricon 3D visualization of Damascus, Syria. Maxar Space and satellite imagery company Maxar Technologies is taking full ownership of a joint venture it has held with Swedish aerospace group Saab, which the U.S. company expects will further its analytics offering. Maxar announced after the market closed on Tuesday that it intends to acquire full ownership of 3D
If the summer of 2020 is memorable to vacationers, it will likely be as the year of not straying too far from home. But that doesn’t mean you need to limit your horizons: The great road trip is enjoying a resurgence. This year, 46 million Americans say they plan to hit the open road in a
A construction worker walks past new homes under construction by developer KB Home in Valencia, California. Jonathan Alcorn | Bloomberg | Getty Images Check out the companies making headlines after the bell. KB Home — The home construction company’s stock dipped 13% in extended trading after KB Home released its second-quarter earnings. The company reported
A woman puts on a protective mask as is instructed by Miami-Dade County Social Distancing Ambassadors as beaches are reopened with restrictions to limit the spread of the coronavirus disease (COVID-19), in Miami Beach, Florida, U.S., June 10, 2020. Marco Bello | Reuters As coronavirus outbreaks surge in several states across the country, public officials
In his testimony before Congress, Facebook CEO Mark Zuckerberg explained to Senator Lindsey Graham that most people don’t read Facebook’s entire privacy policy.
Steven Mnuchin, U.S. Treasury secretary, speaks during a Senate Small Business and Entrepreneurship Committee hearing in Washington, D.C., U.S., on Wednesday, June 10, 2020. Al Drago | Bloomberg | Getty Images This tax season may look more like a tax year, as Treasury Secretary Steven Mnuchin weighs delaying the July 15 deadline once again. “As
shapecharge The Covid-19 pandemic has revealed how close so many Americans are to severe financial insecurity. Over these past four months, millions of American workers have experienced sudden and unexpected losses of their primary sources of income, either temporarily or, for many, permanently. While stimulus checks and enhanced unemployment benefits have filled in some gaps,
People walk along Broadway as the coronavirus keeps financial markets and businesses mostly closed on May 08, 2020 in New York City. The Bureau of Labor Statistics announced on Friday that the US economy lost 20.5 million jobs in April. This is the largest decline in jobs since the government began tracking the data in
In order to adjust to shelter-in-place guidelines and lower your risk of contracting Covid-19, you might have changed your spending habits to make your quarantine life more functional and enjoyable, like maybe cutting out gym memberships but investing in online fitness classes and better Wi-Fi for your home office. Now, as states start opening back up, it might
Hundreds of unemployed workers wait in long lines outside the Kentucky Career Center for help with their unemployment claims on June 19, 2020 in Frankfort, Kentucky. John Sommers II | Getty Images More than 1 million Americans have started dipping into an unemployment fund meant for extended periods of joblessness. Research suggests these individuals
Alexeen Simms, a server at the Hungry Tarpon Restaurant in Islamorada, Fla., provides a luncheon entree to a couple Monday. June 1. 2020. Andy Newman | Florida Keys News Bureau | Handout via Reuters The Florida Department of Health reported another record spike in coronavirus cases as the state continues to grapple with an expanding
If you took a required minimum distribution from your retirement account this year and want to reverse it, you now may be able to. The IRS said Tuesday that anyone who already has taken an RMD in 2020 from certain retirement accounts has until Aug. 31 to put the money back. The announcement comes several
Chinese President Xi Jinping walks past officials wearing face masks following the coronavirus disease (COVID-19) outbreak as he arrives for the closing session of the National People’s Congress (NPC) at the Great Hall of the People in Beijing, China May 28, 2020. Carlos Garcia Rawlins | Reuters China has been juggling a global pandemic along
From cleaning robots to canceled breakfast buffets, hotels are pulling out the stops to ensure a safe environment for their guests and staff during the global pandemic. But what about fellow travelers? Are they healthy, are they wearing masks — and does it seem like the man in the room next door coughs a lot?
It may be time to add global exposure to your portfolio. UBS Global Wealth Management’s Alejo Czerwonko sees upside going abroad despite a surge in coronavirus cases. “We expect them to be fairly well-handled by health systems worldwide,” the firm’s emerging markets strategist told CNBC’s “Trading Nation” on Tuesday. Czerwonko is building his bull case
States with growing coronavirus outbreaks might not need to shut down again like many did in March, but they might need to consider pausing or rolling back stages of reopening, White House coronavirus advisor Dr. Anthony Fauci said Tuesday. Fauci specifically cited Texas, Arizona, Florida and other states with “a serious problem” as places that
Terry Crews, actor, former NFL player, and host of Netflix’s “Ultimate Beastmaster,” discusses why he decided to build his own PC and how he used Facebook to help. ————————————————– Follow BI Video on Twitter: http://bit.ly/1oS68Zs Follow BI on Facebook: http://bit.ly/1W9Lk0n Read more: http://www.businessinsider.com/ ————————————————– Business Insider is the fastest growing business news site in the
May 13 (Bloomberg) — Jesse James Firearms Unlimited (JJFU) is the latest venture from the infamous biker and TV personality. Following the success of his custom motorcycle shop, West Coast Choppers, and a string of popular TV shows like Monster Garage, Jesse James is reconnecting with hands on work in his new, much smaller, business.
Veteran NASA astronauts Bob Behnken and Doug Hurley arrived at the International Space Station aboard SpaceX’s Crew Dragon. They speak to CNN Business’ Rachel Crane from the ISS about the launch, spacewalks and the journey home. Producer: Bronte Lord Supervising Producer: Logan Whiteside #CNN #NASA #SpaceX CNN Business brings you the latest news about the
U.S. President Donald Trump signs H.R. 748, the CARES Act in the Oval Office of the White House on March 27, 2020 in Washington, DC. Erin Schaff | Getty Images A political fight is brewing on Capitol Hill over what the next coronavirus stimulus package will look like. But President Donald Trump made it clear
As Penn National Gaming works to reopen its casinos and gaming operations, Barstool founder Dave Portnoy is itching to return to his roots. Portnoy, an avid sports bettor who began betting on stocks after professional sports paused due to the coronavirus, told CNBC’s Jim Cramer he’s leaving the stock trading game behind when sports make their
Jeffrey Ubben Source: BusinessWire ValueAct Capital’s Jeffrey Ubben has reportedly left the firm he founded in 2000 to focus on socially responsible investing full-time, a new report from the Financial Times said. Ubben will launch a new fund called Inclusive Capital Partners, according to the Financial Times, where he’ll be joined by two former ValueAct
Director of the National Institute for Allergy and Infectious Diseases Dr. Anthony Fauci testifies before the House Committee on Energy and Commerce on the Trump Administration’s Response to the COVID-19 Pandemic, on Capitol Hill in Washington, DC, June 23, 2020. Kevin Dietsch | Pool via Reuters Dr. Anthony Fauci, the nation’s leading infectious disease expert,
For many Americans, federal stimulus payments are a lifeline during this period of extreme financial stress. And yet, many questions remain unanswered in the ever-changing status of these payments. Americans are also wondering how to make the best use of this one-time cash injection — or whether more money is on the way. Here are
Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Billionaire investor Bill Ackman, who made a killing this year by nailing the market bottom, on Monday disclosed plans for an initial public offering of a $4 billion blank-check company, which will target so-called “Mature Unicorns.” The new investment vehicle named Pershing Square
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