People wear protective face masks outside Salesforce Tower in New York City. Noam Galai | Getty Images Cloudera exited its downtown San Francisco office early last year with plans to sublease the space and move its employees south to the software company’s Silicon Valley headquarters. But the pandemic left the company with nobody to take
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In this article WMT Exterior view of a Walmart store on August 23, 2020 in North Bergen, New Jersey. Walmart saw its profits jump in latest quarter as e-commerce sales surged during the coronavirus pandemic. VIEW press | Corbis News | Getty Images Walmart said on Friday that customers who are fully vaccinated for Covid-19
In this article DASH Sign reading We Deliver With Doordash, referencing the Doordash food delivery service, San Ramon, California, September 12, 2020. Smith Collection/Gado | Archive Photos | Getty Images DoorDash on Thursday reported a wider-than-expected quarterly loss, blaming a short-term shortage of delivery drivers as consumer demand outstripped its forecast. But the company raised
The New York Stock Exchange welcomes The Walt Disney Company (NYSE: DIS), on Tuesday, May 4, 2021, in honor of Star Wars Day. Source: NYSE Check out the companies making headlines in midday trading. Disney — The media giant’s share price sank more than 3% after it missed revenue and streaming subscriber estimates. Disney earnings
Scott Olson | Getty Images If you’re lucky — as in really, really lucky — that $2 Mega Millions ticket you’re holding could be worth $430 million by Saturday. That’s the face value of the jackpot heading into Friday night’s drawing. Yet whether you’d choose to receive the prize as an annuity spread over three
kate_sept2004 | E+ | Getty Images Putting away enough savings for retirement has always been a struggle for many Americans. One reason workers tend to fall short: They often dip into the money they have set aside for their golden years. Now, some experts and lawmakers are discussing one idea that could help workers avoid
Shirley Chung prepares a dish at the Michael Muller’s HEAVEN, presented by The Art of Elysium, event on Jan. 5, 2019 in Los Angeles. Phillip Faraone | Getty Images Entertainment | Getty Images When the pandemic hit, chef and reality TV star Shirley Chung quickly pivoted her restaurant business to manage through the crisis. Dealing
The work-from-anywhere culture of the coronavirus pandemic is not going away with vaccines, and that has created an opportunity for small cities to lure new residents. So-called digital nomads are in high demand and are now being offered cash to relocate. Programs are popping up across the country. The poachers don’t want the workers to
Terrace of historic shops and buildings, Skibbereen, County Cork, Ireland, Irish Republic. (Photo by: Geography Photos/Universal Images Group via Getty Images) Geography Photos | Universal Images Group | Getty Images DUBLIN — In March, the Irish government unveiled a plan to revive the country’s rural economy by enticing more people to work remotely. A long-standing
In this article ABNB Airbnb CEO Brian Chesky attends the Cannes Lions on June 20, 2016, in Cannes, France. Richard Bord | Getty Images Airbnb said revenue increased 5% in the first quarter, beating analysts’ estimates, as the rapid pace of vaccinations led to more travel. The company’s net loss tripled because of debt repayments and restructuring
U.S. stock index futures were little changed in overnight trading on Thursday, after all three major averages snapped three-day losing streaks to end the day higher. Futures contracts tied to the Dow Jones Industrial Average gained 18 points. S&P 500 futures advanced 0.08%, while Nasdaq 100 futures posted a slight decline. During regular trading, the
The cryptocurrency dogecoin’s value has surged over the past few months thanks to the alignment of several important factors, including extra capital from stimulus checks, the popularity of free-trading apps like Robinhood and the backing of billionaire SpaceX and Tesla CEO Elon Musk. But one reason has been understated in media reports, Billy Markus, the
Morsa Images | E+ | Getty Images The U.S. stock market is back in choppy waters. On Wednesday, all three major U.S. indices — the Dow, S&P 500 and Nasdaq — slid on fears that rising inflation will lead to higher prices and boost interest rates, capping off a three-day losing streak in the market.
This week the Australian government released its latest budget proposal and two policies that stand out in its fiscal response to the pandemic should be helpful as the economic engine of the country turns back on. The first is full expensing for some investments and the second is the introduction of a loss carryback provision.
In this article DIS Simu Liu stars as Shang-Chi in Marvel’s “Shang-Chi and the Legend of the Ten Rings.” Disney Disney’s “Shang-Chi and the Ten Rings” and “Free Guy” will play exclusively in theaters for 45 days, the company’s CEO said during an earnings call Thursday. The news comes just hours after the company said
In this article DIS A performer dressed as Mickey Mouse entertains guests during the reopening of the Disneyland theme park in Anaheim, California, U.S., on Friday, April 30, 2021. Bloomberg | Bloomberg | Getty Images Disney is set to report fiscal second-quarter earnings after the bell on Thursday. Here are the key numbers: Earnings per
In this article ABNB COIN DIS Pedestrians wearing protective masks wait to enter a Disney store in San Francisco, California, on Wednesday, Dec. 23, 2020. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell on Thursday: Disney — Disney shares slipped more than 3% after the company’s
Volunteers at a food bank in Duarte, California, load donation boxes. FREDERIC J. BROWN | AFP | Getty Images It appears the pandemic hasn’t dented charitable giving from wealthy households. Most affluent Americans — about 90% — gave to charitable causes in 2020, with a third of them giving more than in the past to
The PayPal application can be seen on a mobile phone. Felix Kästle | picture alliance | Getty Images PayPal is making another acquisition in the e-commerce space as it moves beyond payments and into physical and online retail. The digital payments giant announced a deal to acquire start-up Happy Returns on Thursday for an undisclosed
Sophie Evanoff, owner of Vanille Patisserie in Chicago, is having a hard time finding workers. Source: Sophie Evanoff She managed to keep her bakery business afloat during the pandemic, but now Sophie Evanoff, owner of Vanille Patisserie in Chicago, can’t keep up with demand. The culprit: her inability to find workers. “It is to the
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