Helen H. Richardson | Denver Post | Getty Images If you own a home and you’re looking for some emergency funding, you may be running out of opportunities. Home equity lines of credit allow you to borrow against the equity you’ve accumulated in your home, be it for a surprise cash need or a home
admin
Carl Icahn at the 6th annual CNBC Institutional Investor Delivering Alpha Conference on September 13, 2016. Heidi Gutman | CNBC Carl Icahn knows the oil and gas industry very well and has arguably made more of his fortune in this industry than any other single industry. His next energy bet could pay off through a
Gargiulo Produce opened in 1929 as a fruit and vegetable cart selling door-to-door. Over 90 years later, the company now wholesales food to businesses across the East Coast. In 2020, the coronavirus shut down many of Gargiulo’s commercial accounts and left it looking for ways to get produce into the hands of hungry, isolated customers.
Valerie Riley, owner of LifeSquire, a company with 22 employees based in Oklahoma City, got $140,000 in loan funding through the second round of the Paycheck Protection Program. Valerie Riley A forgivable loan program that re-opened for small businesses this week has proven much less chaotic than the initial round, according to some business owners
A Nabors Industries worker uses a power washer to clean the floor of a rig drilling for Chevron in the Permian Basin near Midland, Texas, March 1, 2018. Daniel Acker | Bloomberg | Getty Images Chevron warned Friday in its quarterly earnings report that results will remain depressed as long as oil prices remain low, and
A farmer checks on young female pigs at a hog farm in Smithville, Ohio, U.S., on Thursday, April 30, 2020. Dane Rhys | Bloomberg | Getty Images As the coronavirus pandemic disrupts supply chains across the country, farmers are being forced to destroy their crops, dump milk and throw out perishable items that can’t be
NoDerog | E+ | Getty Images Millions of families are counting on government stimulus payments to get some financial relief amid the coronavirus pandemic. However, some are opening their bank accounts to find an unwelcome surprise: payments that exclude their qualifying children. Many complaints are coming from one particular group: individuals who are receiving government
NASA Administrator Jim Bridenstine, left, and SpaceX Chief Engineer Elon Musk, right, speak to press in front of the Crew Dragon that is being prepared for the Demo-2 mission. NASA/Aubrey Gemignani NASA Administrator Jim Bridenstine believes the billions his agency has invested in Elon Musk’s SpaceX have been well worth it as the company prepares
Comprehending the enormity of climate change is about as mind-bending as understanding the ultimate effect novel coronavirus SARS-CoV-2 (the virus that causes Covid-19) will have on America and the world. But a free, interactive tool made by artificial intelligence start-up HyperGiant helps put both global crises and their relationship to each other in perspective. The “ACES:
Warren Buffett, chairman and CEO of Berkshire Hathaway Inc The India Today Group | Getty Images This year’s Berkshire Hathaway shareholder meeting will be like no other as investors look for insight on how the conglomerate will move forward from the coronavirus pandemic and what its future holds. The meeting will be held Saturday but,
A pigeon flies over a Exxon mobil gas station on October 25, 2018 in Gutenberg New Jersey. Kena Betancur | Corbis News | Getty Images Exxon Mobil reported a loss in the first quarter as oil prices dropped to historic lows. The oil giant lost $610 million in the first quarter due to writedowns tied to
A woman wearing a face mask as a preventive measure against the spread of the COVID-19 Coronavirus, runs with Cruise Ships docked in the background at the port of Long Beach, California on April 11, 2020. Apu Gomes | AFP | Getty Images The U.S. House Committee on Transportation and Infrastructure on Friday called for Carnival
Every week, Royal Caribbean has a $1 million shopping budget to feed its hungry passengers onboard Symphony of the Seas. To cook up every snack, meal, and dessert, the culinary team works 24/7 in compact kitchens on a moving ship. MORE TRANSPORTATION CONTENT: What It Takes To Be A Cruise Ship Performer Inside Emirates’ Newest
► Try the Financial Times for 4 weeks for just £1. Start your trial now – http://bit.ly/2ry7Tkz ► Read more at https://on.ft.com/2UDyj5n The world’s largest muslim-majority nation goes to the polls to elect its president in a rerun of the 2014 choice between incumbent Joko Widodo and former general Prabowo Subianto ► Subscribe to FT.com
There are more than one billion cars on the road worldwide today, and only one tenth of one percent of them have a plug. OPEC contends that even in the year 2040, EVs will make up just one percent. But don’t be so sure. By 2020, some electric cars and SUVs will be faster, safer,
Steve Jobs was a wizard who “cast spells on people” to help keep Apple afloat during the company’s darkest days, according to longtime rival Bill Gates. The Microsoft (MSFT) founder discussed his and Jobs’ leadership styles with CNN’s Fareed Zakaria Sunday. Both men are known for being tough leaders who foster an intense workplace culture.
Ariel Investments co-CEO and president Mellody Hobson speaks at the 2017 Fortune Most Powerful Women Summit in Washington, D.C. Paul Morigi | Getty Images Entertainment | Getty Images Investment expert Mellody Hobson is a firm believer in teaching kids about investing. She’d like it taught at every school in America — even at a young
Stocks on Wall Street have reached levels that are “too hot” for Jim Cramer‘s liking. After the market completed its best month of trading in more than three decades, the host of CNBC’s “Mad Money” said he is worried about its near-term trajectory. “We’re now at plus 7.2% on the S&P short-range oscillator. That’s the
CNBC Make It is posting a new financial task to tackle each day for a month. These are all meant to be simple, time-sensitive activities to take your mind off of the news for a moment and, hopefully, put you on sturdier financial footing. This is day 23 of 30. Even in the best of times,
A man cleans up on the trading floor, following traders testing positive for Coronavirus disease (COVID-19), at the New York Stock Exchange (NYSE) in New York, U.S., March 19, 2020. Lucas Jackson | Reuters Traders have had to rapidly adjust their day-to-day routine as the corornavirus pandemic has forced many around the world to work
Apple now has $192.8 billion cash on hand, according to the company’s fiscal second-quarter earnings report released Thursday. That’s down 7.4% from its fiscal first quarter of 2020, when the company reported a $207.06 billion cash pile. Apple has continuously hosted one of the largest cash piles among U.S. companies but is facing pressure from the Covid-19 pandemic.
A United Airlines plane prepares to take off at the Benito Juarez International airport in Mexico City, on March 20, 2020. Pedro Pardo | AFP | Getty Images United Airlines Thursday posted its biggest quarterly loss since 2008 and expects to burn an average of $40 million to $45 million a day in the second quarter as
With a few tricks, these restaurants still manage to turn a profit — despite offering endless food. ————————————————– Follow Business Insider on Twitter: https://twitter.com/businessinsider 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 US. Our mission: to tell you all you need to know
Read more at https://on.ft.com/2RRRwhB Where do companies already in debt turn to for credit? Leveraged lending has seen a rapid rise since the financial crisis of 2008, hitting over $1tn in the US alone. But as lender protections weaken and more investors snap up these risky assets, some watchdogs warn that the booming market could
The dawn of instant global communication can be traced back to entrepreneur Cyrus West Field and his long-shot experiment to link the United States and Europe by telegraph in the 1850s. Video by Raymond Schillinger Graphics by Christian Capestany Series by Neville Gillett and Tom Gibson Archival Footage Courtesy of AT&T Archives and History Center
The rapper and actor’s Farmington, Conn. home includes a nightclub, adult entertainment room and grotto.
Peathegee Inc Homeowners in New Jersey are getting a little bit of breathing room on their property taxes. Gov. Phil Murphy signed an executive order permitting municipalities to shift the property tax payment deadline from May 1 to June 1. The Garden State is home to the highest levies on property in the nation, with
Phynart Studio Prior to the Covid-19 pandemic, an astounding 53% of the American population felt anxious about personal finances. Undoubtedly, that percentage has grown significantly, with more than 26 million Americans becoming unemployed since then. The statistics are alarming, but it is not time to panic — it’s time to plan. Although many financial plans
Elon Musk, CEO of Tesla and SpaceX. Peter Parks | AFP | Getty Images Elon Musk is having issues with conference calls lately. Thursday afternoon, the SpaceX CEO unexpectedly spoke up during a NASA conference call on Thursday, after the agency’s Administrator Jim Bridenstine was asked about Musk’s recent comments on the coronavirus pandemic. On Wednesday
The economic impact of the coronavirus pandemic has been felt by millions of workers, including a record-breaking 30.3 million Americans who have filed for unemployment over the past six weeks. Young people are feeling some of the harshest impacts when it comes to job prospects. According to data from job site Glassdoor, the number of