We visited the only caviar farm in the United States legally allowed to breed beluga sturgeon. Russian immigrant Mark Zaslavsky brought live beluga into the country in 2003, just before the US government banned imports of the species in 2005. Beluga sturgeon are native to the Caspian Sea, and are classified as critically endangered by
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The FT’s Guy Chazan explains how mass testing has managed to stem the death toll in one of Europe’s most heavily populated nations. See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a £1 trial: https://subs.ft.com/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132 ► Check out our Community tab for more stories or to suggest videos. ►
For a long time it’s been said “fusion is the energy of the future. And always will be”. But now, with an influx of private investment, fusion startups are in the race for the holy grail of energy – limitless, clean power. A company based in Oxford, U.K. believes they’re close. #BloombergGiantLeap #Science #Technology ——–
Vice Chairman of Berkshire Hathaway Charlie Munger says both board directors and executives in big American companies get paid too much.?
This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks. Global cases: More than 4.56 million Global deaths: At least 308,000 U.S. cases: More than 1.44 million U.S. deaths: At least 87,500
Labor economist Teresa Ghilarducci began studying retirement in 2008, when the Great Recession was making it impossible for millions of Americans to retire. “The phenomenon of Granny working in McDonald’s really started to ramp up,” said Ghilarducci, who leads the Retirement Equity Lab at The New School in New York. Yet, as bad as it was then,
The Debt Collective was born out of the Occupy Wall Street movement and helps people dispute debts with a goal of cancelling their loans. It currently has over 700 people pledged to never repay their student loans. Watch this video to hear from borrowers who are planning to never repay their loans and to learn
Take a look at some of the biggest movers in the premarket: Qualcomm (QCOM), Cisco (CSCO), Apple (AAPL), Boeing (BA) – Reports out of China suggest that retaliation against these and other U.S. companies could come if the U.S. goes ahead with plans announced this morning to block chip shipments to China’s Huawei. JD.com (JD)
John Donahoe took over as Nike CEO in January 2020. Kim Kulish | Corbis via Getty Images Nike is finally beginning to reopen stores in the U.S., but the company said Thursday it expects the coronavirus pandemic will still have a material impact on its business in North America, parts of Europe and Asia during its
Retail investors are trading more. The move to $0 commissions is likely a major factor. But there are more things occurring to encourage retail trading, including stay-at-home orders and market volatility. Add it all up and you get electronic brokers reporting trading volumes that are up 100% year over year. In the first quarter alone,
Agatha Kulaga, co-founder and CEO of Ovenly Source: Agatha Kulaga There’s no doubt the coronavirus pandemic has hit small businesses hard. For some, like retail and wholesale bakery Ovenly, it meant completely shutting down their operations. The New York-based business had to lay off its entire staff of 66 employees, said Agatha Kulaga, the co-founder and
Since early March, over 36 million Americans have filed for unemployment due to the coronavirus crisis, marking the biggest spike in unemployment in U.S. history. In response to these claims, states have paid a record $48 billion in unemployment benefits to people out of work but several recent studies have found that this total could
Customers ride an escalator at The Galleria shopping mall after it opened during the coronavirus disease (COVID-19) outbreak in Houston Texas, May 1, 2020. Adrees Latif | Reuters U.S. consumer sentiment inched higher in the early part of May following massive stimulus measures undertaken by the government to sustain the economy amid the coronavirus pandemic,
Technicians work on machinery at the Applied Materials facility in Santa Clara, California. David Paul Morris | Bloomberg | Getty Images Chip gear maker Applied Materials said it expects supply chain to gain strength in the second half of the year and help it recoup sales lost due to the Covid-19 disruption, sending its shares
The city is beginning to prepare for a long hot summer with closed beaches and residents remaining locked inside under stay-at-home orders, New York City Mayor Bill de Blasio said Friday, warning that this summer will be very different from years past. Barbecues, picnics, ball games and days at the beach or by the pool, all
The New York Stock Exchange (NYSE) is seen in the financial district of lower Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York City, April 26, 2020. Jeena Moon | Reuters Stock buybacks are on track for the lowest total on record this quarter, according to Bank of America. The sharp economic
It’s no secret that it’s a pricey pain to host the Olympic Games, running billions of dollars above the estimated budget. As the International Olympic Committee receives fewer bids with each problematic games, the future of the tradition is looking unsure. We spoke with Smith College Professor of Economics Andrew Zimbalist on the matter. He should know,
► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs Why do huge external imbalances herald disaster? Martin Wolf, the FT’s chief economics commentator, explains what happens when some countries spend much less than their incomes and so run big current account surpluses, while others do the opposite. ► FT Comment: http://bit.ly/1ImtZ8r ► FT World News:
In this episode of Bloomberg Pursuits’ MADE series we visit a shop in York, Maine. Grain Surfboards are built through an additive process that has much in common with traditional wooden ship-building. Planks of wood are cut and glued onto an internal wood frame before being sanded down to their final shape. Video by Brian
Veteran NASA astronauts Robert Behnken and Doug Hurley speak with CNN Business’ Rachel Crane about their upcoming test flight aboard SpaceX’s Crew Dragon spacecraft. They’ll be the first humans sent to space from US soil since the Shuttle program ended almost a decade ago. Produced by Gabe Ramirez Supervising Producer: Bronte Lord #CNN #NASA #SpaceX
A cyclist passes a boarded up store during the coronavirus pandemic on April 28, 2020 in New York City. John Lamparski | Getty Images New Yorkers who owe the state medical or student debt that has been referred to the state attorney general’s office have been given another 30-day break from paying those balances. New York Attorney
During the first few weeks of the coronavirus pandemic, Laurie Fletcher would catch herself waking up in the middle of the night to wash her hands. Fletcher, who has been operating a home-based day care in Michigan for 26 years, spends several hours each day sanitizing every possible surface in the common areas of her
Consumer spending plunged by a record 16.4% in April, but one category saw a bounce: nonstore retailers. Included in this category, which saw an 8.4% month-over-month increase, is online shopping. With much of the country under shelter-in-place orders during April, consumers increasingly turned towards e-commerce giants like Amazon for their shopping needs. As the pandemic
An employee tends to marijuana plants at the Aurora Cannabis Inc. facility in Edmonton, Alberta, Canada, on Tuesday, March 6, 2018. Jason Franson | Bloomberg | Getty Images Aurora Cannabis posted a smaller loss compared with the prior quarter as customers in the United States and Canada stockpiled cannabis ahead of lockdowns, sending its U.S.-listed
Kids in a queue while wearing face masks during the food distribution amid Coronavirus COVID 19. Ajay Kumar | SOPA Images | Getty Images Doctors and world leaders need “to be on the alert” for cases of a rare inflammatory disease in children that may be linked to the coronavirus, the World Health Organization said
Certainty is always more abundant than accuracy on Wall Street. Well argued, data laden hypotheses support opinions that drive buyers and sellers. A high-profile money manager and fellow talking head, Mr. I. M. Sureofmyself, was describing his view of how the economic and health care crisis would develop and unfold over the next six to
Car line up at a drive-thru Three Square Food Bank emergency food distribution site at Boulder Station Hotel & Casino in response to an increase in demand amid the coronavirus pandemic on April 29, 2020 in Las Vegas, Nevada. Three Square is currently operating dozens of emergency distribution sites at various times and dates throughout
Nearly 36.5 million people have filed unemployment claims in the past two months as a result of the coronavirus crisis, with 2.981 million of those claims being filed for the week ending May 9. Though the pandemic has undoubtedly impacted millions of Americans, data from the Bureau of Labor Statistics shows that women are disproportionately feeling the
An employee tends to marijuana plants at the Aurora Cannabis Inc. facility in Edmonton, Alberta, Canada, on Tuesday, March 6, 2018. Jason Franson | Bloomberg | Getty Images Check out the companies making headlines after the bell. Applied Materials — Shares of the manufacturing company climbed 4% in extended trading after Applied Materials reported second-quarter
A view of atmosphere at the launch of SmileDirectClub’s Smile Kit at Macy’s Roosevelt Field Mall on June 30, 2018 in Garden City, New York. Gary Gershoff | Getty Images SmileDirectClub posted a bigger-than-expected quarterly loss on Wednesday and said it expects to operate with a smaller shop footprint going forward, with the company focusing