Hosted by Jimmy Kimmel, the “72nd Emmy Awards” will broadcast Sunday, Sept. 20 (8:00 p.m. EDT/6:00 p.m. MDT/5:00 p.m. PDT), on ABC. Tyler Watt | Walt Disney Television | Getty Images The 72nd Emmy Awards will be an awards show like no other. As the first major entertainment industry awards ceremony to be conducted since
Month: September 2020
Sarah Casillas | DigitalVision | Getty Images The IRS has a message for about 9 million Americans: You could still be eligible for a $1,200 stimulus check. The government has sent out about 160 million stimulus checks since legislation authorized those payments in the spring. Still, millions of Americans have yet to receive any money
Herman Miller Aeron chair Source: Herman Miller Shares of office furniture retailer Herman Miller are surging after a blowout earnings report that showed the company is benefiting from the work-from-home trend. Herman Miller jumped more than 35% in midday trading on Thursday, while the broader market was under pressure. As the coronavirus pandemic forces millions
With America’s large wealth gap and the United States government’s need for revenue, new taxes need to be implemented to raise more money from the rich — and the way to do that is with a wealth tax, economists Joseph E. Stiglitz and Thomas Piketty said Thursday. “Where we are today in the 21st century,
Money manager Kevin Nicholson expects the stock market to stabilize and rise in early 2021. But the co-chief investment officer of global fixed income at RiverFront Investment Group warns it’ll come at a cost to the jobs market. “Companies are going to right-size their business,’ Nicholson told CNBC’s “Trading Nation” on Thursday. “This is going
Texas Governor Greg Abbott announces the US Army Corps of Engineers and the state are putting up a 250-bed field hospital at the Kay Bailey Hutchison Convention Center in downtown Dallas during a press conference at the Texas State Capitol March 29, 2020 in Austin, Texas. Tom Fox | Getty Images Texas is allowing more
A Utah County Election office employee puts mail-in ballots into a container to register the vote in the Nov. 6, 2018 midterm elections in Provo, Utah. George Frey | Getty Images News | Getty Images As we approach the Nov. 3 presidential election, Americans living overseas question if they can vote and whether they should
CEO Michael Corbat answers questions at Citi’s 2017 Investor Day. Source: Citigroup.com Three years ago, Michael Corbat strode onto the stage of a midtown Manhattan ballroom in midtown Manhattan and proclaimed that a new day had arrived at Citigroup. The bank had set up the July 2017 event, its first investor meeting since the 2008
Virgin Atlantic Airways and Virgin Group founder, Sir Richard Branson. Craig Barritt LONDON – Virgin founder Richard Branson is looking to raise $460 million to create a new special purpose acquisition company, or SPAC, becoming the latest in a line of wealthy investors to do so. In a filing with the Securities and Exchange Commission
Snowflake IPO begins trading at the NYSE on Sept. 16th, 2020. Source: NYSE So you think Snowflake up over 100% on its first day is a big deal? Nah, there’s been plenty of companies that have had first day pops bigger than that this year. They include biotech firm CureVac, up 249% on the first
Still from Dreamworks’ “The Croods.” Dreamworks Universal Studios is pushing up the date of its animated family film “The Croods: A New Age” to Thanksgiving. The studio will now debut the film on Nov. 25, the day before Thanksgiving, instead of Dec. 23. The second “Croods” film will follow the prehistoric family voiced by Nicholas
The Federal Reserve said Wednesday it would keep its benchmark interest rate near zero for as long as it takes to help the economy bounce back from the coronavirus crisis. The Fed said the ongoing coronavirus pandemic will “weigh heavily” on the near-term outlook and poses “considerable risks” for the medium term. In addition to holding rates near rock bottom, the
Warren Buffett Gerry Miller | CNBC Warren Buffett, the man who pioneered buy and hold investing, just made quite a fast billion bucks from a type of investment he once mocked. Berkshire Hathaway bought $250 million worth of Snowflake stock at the IPO price and an additional 4.04 million shares from another stockholder at the
Sutter Hill Ventures Managing Director Mike Speiser speaks onstage at TechCrunch Disrupt at Pier 48 on September 9, 2014 in San Francisco, California. Steve Jennings | Getty Images Two months after Facebook’s massive IPO in 2012, venture capitalist Mike Speiser was a few miles away from the social networking company, incubating a software start-up from
Julius Shakari, from California in full PPE gear, takes photos with his friend in front of the Charging Bull, sometimes referred to as the Wall Street Bull, a bronze sculpture in the Financial District of Manhattan New York May 19, 2020. Timothy A. Clary | AFP | Getty Images U.S. stock futures were flat on
Characters at the Berkshire Hathaway company Kraft Heinz booth pose with a reporter at the shareholder shopping day as part of the Berkshire Hathaway annual meeting weekend in Omaha, Nebraska, May 5, 2017. Rick Wilking | Reuters Kraft Heinz on Tuesday told investors it would cut $2 billion in costs through 2024 as part of its
Jets are parked on runway 28 at the Pittsburgh International Airport on March 27, 2020 in Pittsburgh, Pennsylvania. Jeff Swensen | Getty Imageas Airline executives and labor unions on Wednesday again pushed for billions in additional federal aid as a ban on industry job cuts is set to expire in less than two weeks and
Thomas Barwick | Getty Images The Aug. 31 deadline for reversing mandatory withdrawals from retirement accounts has passed, but a lucky few may still be able to return the money and save on taxes this year. Earlier this year, President Donald Trump signed the CARES Act into law. The law contained a provision that would
A 67-million-year-old T. rex specimen, named Stan, will be auctioned off by Christie’s on Oct. 6 and will be on display in the windows of Christie’s Rockefeller Center starting Wednesday. Robert Frank One of the largest and most complete Tyrannosaurus rex fossils ever unearthed is coming up for auction and could fetch between $6 million
The software business is on fire. This is going to be by far the biggest year for software IPOs in history. Four big software IPOs are pricing this week: Snowflake, Unity Software, Jfrog, and Sumo Logic. Palantir and Asana are coming at the end of September. Snowflake priced its IPO at $120 per share, raising
A FedEx worker unloads packages from his delivery truck on March 31, 2020 in Washington, DC. Drew Angerer | Getty Images News U.S. delivery firm FedEx reported a bigger-than-expected quarterly profit on Tuesday, after price hikes, lower fuel costs and efficiency gains countered negative impacts associated with a pandemic-fueled surge in e-commerce shipments. Shares in
The disruption to schools caused by the coronavirus pandemic constitutes a “global education emergency” that threatens to derail the education of at least 24 million students projected to drop out of school as a result, said Henrietta Fore, executive director of the United Nations Children’s Fund. “At the height of Covid-19,” 192 countries shuttered schools, leaving 1.6
A small percentage of sperm whales produce ambergris, a clump of squid beaks and fatty secretions that scientists believe exits through the whales’ bowels Ambergris is coveted by the fragrance industry for a chemical it contains called ambrien, which suspends smells in the air, and for its own unique scent Quality pieces of ambergris, which
The FT’s Australia correspondent Jamie Smyth visits Snowy Hydro, site of a $5bn project doubling the country’s hydroelectric capacity with its 27km of tunnels to support the switch to a renewable power grid. Read more at https://on.ft.com/2WvVqic ► Subscribe to FT.com here: http://bit.ly/2GakujT ► Listen to our podcasts: https://www.ft.com/podcasts Follow us on Twitter: https://twitter.com/financialtimes Check
Security researcher Khalil Shreateh identified a security flaw that would allow users to post on anyone’s Facebook wall. He made his point by posting on Mark Zuckerberg’s personal Facebook page.
Hundreds of jobless people wait outside the Kentucky Career Center for help with their unemployment claims on June 19 in Frankfort, Kentucky. John Sommers II/Getty Images Americans who are hoping for more financial assistance may have to wait until after the November election before Congress can strike a deal. Yet experts say continued financial assistance
Entrepreneur Bethenny Frankel has a lot going on. She is the founder of Skinnygirl, as well as disaster relief initiative BStrong. And she’s launching her podcast, “Just B with Bethenny Frankel” this month. To get it all done, Frankel is “so organized,” she tells CNBC Make It. So what do her days look like? Frankel says
U.S. stock futures were flat in overnight trading as investors readied for comments from the Federal Reserve on Wednesday. Dow futures rose 12 points. S&P 500 and Nasdaq 100 futures were also set to open flat, with gains of 0.02% and 0.07%, respectively. Better-than-expected earnings from FedEx and Adobe after the bell boosted sentiment. FedEx
DJ O’Keefe, 12, and his sister Dallas O’Keefe, 13, both of Rochester, NY, pose for a photo with the Oscar Mayer Weiner Mobile at the annual Berkshire Hathaway shareholder meeting in Omaha, Nebraska, May 4, 2019. Scott Morgan | Reuters As Kraft Heinz tries to make its new customers stick around after the coronavirus pandemic, the company
There’s still about one month to go before the Social Security Administration announces its cost-of-living adjustment to benefits for 2021. And seniors who rely on those monthly checks in retirement might be in for disappointment, based on recent data. New estimates indicate the Social Security COLA for 2021 could be about 1.3%, which is among
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