Month: March 2021

In building her multimillion-dollar business, Whitney Wolfe Herd, founder and CEO of Bumble, once took inspiration from another successful executive: Jeff Bezos. Herd sometimes watched videos of Bezos speaking, and in one, “he said something I will never forget and I agree with 1,000%,” she told CNBC Make It in 2019. The gist was that “when humans can
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Apiwan Borrikonratchata | iStock | Getty Images As the March 31 deadline for the Small Business Administration’s Paycheck Protection Program looms, a deal to extend it for two more months is in the works. On Thursday, a bipartisan group of lawmakers introduced the Paycheck Protection Program Extension Act, which would push the expiration date to
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Ungureanu Vadim | EyeEm | Getty Images Student loan forgiveness is now tax-free, thanks to a provision included in the $1.9 trillion federal coronavirus stimulus package that President Joe Biden signed into law on Thursday. Formerly, any student loan debt canceled by the government was considered taxable and levied at the borrower’s normal income tax
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Rafael Henrique | LightRocket | Getty Images Poshmark‘s revenue topped analysts’ estimates, in its first financial report since going public in January. But the online seller of secondhand clothing issued a weaker-than-expected sales outlook for the current quarter. Poshmark’s stock tumbled more than 6% in after-hours trading. Founder and Chief Executive Manish Chandra said in
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Digital artist Beeple is “a rich man” after his non-fungible token sold for nearly $70 million at auction, Noah Davis, a postwar and contemporary art specialist at Christie’s, told CNBC on Thursday. Davis made the comments in an interview on “Power Lunch” after the bidding window at Christie’s closed earlier Thursday. Beeple’s NFT — a collage
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People order breakfast at Bill Smith’s Cafe, after Texas Governor Greg Abbott issued a rollback of coronavirus disease (COVID-19) restrictions in McKinney, Texas, March 10, 2021. Shelby Tauber | Reuters Since the World Health Organization declared the coronavirus a pandemic one year ago Thursday, new Yelp data showed nearly a half million businesses opened in
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Advertisement Continue reading the main story Supported by Continue reading the main story The Labor Department will not enforce two Trump-era rules regulating retirement plans. March 11, 2021, 9:25 a.m. ET The Biden administration will not enforce two Trump-era rules involving retirement plans, including one that effectively discouraged administrators for those plans from choosing investments
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Nissan’s logo is illuminated on a prototype of its new all-electric Ariya crossover. Nissan’s Z Proto performance car is reflected in the vehicle’s grille, while a redesigned Nissan Pathfinder SUV sits in the background. Michael Wayland / CNBC Nissan Motor is making significant progress on a global restructuring plan to right-size operations and return to
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Micronesia has confirmed only one case of Covid-19 to date. The Polynesian island of Samoa and the South Pacific island of Vanuatu have just three cases each. Sounds like safe travel choices? There’s just one problem — none are allowing in tourists. Many islands that opened to tourists during the pandemic experienced rising coronavirus infection
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