Executive Summary Enjoy the current installment of “weekend reading for financial planners” – this week’s edition kicks off with a recap of President Trump’s three-phase “Opening Up America Again” plan, and the guidelines being put out to states and regions about when and how to re-open their economies (in stages, over time) as the coronavirus […]
Archives for April 2020
Producing an online TV show in your living room: how this video production business is adapting in uncertain times
Ralph Cochrane, founder of video production company Creative Grid, is normally found live-streaming at events around the world or editing corporate videos and working on documentaries. All that changed a few weeks ago when the event industry became one of the first to go into lockdown from early February 2020. Rather than sit still, Ralph […]
Vox Media set to furlough 9% of employees due to coronavirus impact
NEW YORK (Reuters) – Vox Media, the owner of New York magazine, on Friday announced it is furloughing 9% of its workers in an effort to cut spending as the company’s revenues face the impact of the COVID-19 pandemic. The action will affect about 100 workers from May through July. About 1% of its workers […]
Paytm sets aside Rs 250 crore in ESOPs
Illustration: Rahul Awasthi Digital payments platform Paytm will offer Rs 250 crore in employee stock ownership plans (Esops) and hire more than 500 people across multiple roles. The financial services company said in a statement late on Friday that it will offer the Esops this year between its high performing employees and new hires. “This […]
Third Point posts 16% quarterly loss, plans credit fund in May
Dan Loeb’s Third Point said its bets on Prudential, Ray-Ban maker EssilorLuxottica and Sony were a drag in the first quarter and contributed to a 16% decline on investments along with a bad bet on the aerospace sector. The New York-based hedge fund has held talks with Prudential about ways to improve its performance and […]
20 Network Marketing Companies 2020 – Popular MLM Companies
Network Marketing Companies 2020 – Networking Marketing is a business model or strategy that is used by business to increase the sale. Network Marketing is adopted by MLM companies to recruit independent distributors on a commission basis. Anyone can become a Network Marketing associate and make money. Many people think that Network Marketing or MLM is […]
Hedge fund hotshots suffer humbling losses in coronavirus chaos
Some of the hedge fund industry’s biggest names made history in March — for all the wrong reasons. Firms run by Ray Dalio, Michael Hintze, Adam Levinson and others suffered their worst-ever losses last month, with some funds down as much as 40% as the coronavirus pandemic battered global markets. Overall, three out of four […]
Podcast: Required Minimum Distributions under the CARES Act
In the multitudinous legislation that is unfolding as a result of the coronavirus pandemic, the IRS has issued relief from taking required minimum distributions (RMDs) from IRAs and employer sponsored plans under the CARES Act. Bob Keebler, CPA/PFS, interviews Ed Slott, CPA, in this fast-paced, jam-packed episode about the impact of the CARES Act on […]
More sellers opt for e-commerce platforms amid lockdown
More sellers are signing up on e-commerce platforms such as Amazon and Snapdeal, anticipating recovery in offline demand to take longer in view of the nationwide lockdown being extended to May 3. The government said e-commerce platforms would be allowed to sell both essential and non-essential items starting April 20. There has been a spike […]
My CNBC special
CNBC has been using the 7pm time slot for Markets in Turmoil specials since the end of February. They’ve done a great job bringing America all of each day’s stories that are impacting the markets and the economy. They’ve done some specials during this time, notably one for small business led by The Profit’s Marcus […]