Month: September 2020

Coinbase CEO Brian Armstrong Getty Images Coinbase is offering to pay employees who decide to quit the cryptocurrency company after it discouraged employee activism and discussing of political and social issues at work. CEO Brian Armstrong told Coinbase staff in an email that the company would offer severance packages for anyone “who doesn’t feel comfortable
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According to Mark Cuban, a second stimulus package should give all American households a $1,000 stimulus check every two weeks for the next two months — and they must use that money within 10 days to promote spending and help keep businesses open.  But Cuban’s “Shark Tank” co-star, Barbara Corcoran disagrees with her friend’s “use it
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Joshua Harris, Apollo Global Management Co-Founder speaks during the 2020 Delivering Alpha conference on Sept. 30th, 2020. CNBC A notable private equity investor said Wednesday that the boom in special purpose acquisition companies was not just a passing fad. Apollo Global Management co-founder Joshua Harris said at the Delivering Alpha conference presented by CNBC and
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Although the deal was extensively reported in July, it’s only today — fittingly, near the end of a fantastic Lakers season — that LeBron James has finally closed on his $36.8 million residential upgrade in the 90210, a multi-structure compound packing fantastic views and a storied, only-in-Hollywood pedigree. Built in the 1930s, the colorful Mediterranean-esque
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Just as several states have individual alternative minimum taxes (AMTs) that prevent households and pass-through businesses from claiming “too many” itemized deductions, some states levy corporate AMTs to prevent corporations from reducing their corporate income tax liability beyond a certain level. By requiring taxpayers to calculate their tax liability under two different systems, the federal AMT imposed
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With elementary and high school around the world attending school virtually this fall, hotels are selling an unlikely travel opportunity — the “schoolcation.” Families are being enticed from their homes by hotels promising a change of scenery alongside tutoring, round-the-clock tech help and after-school activities that are more fun than what’s available back home.   Relieving
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Though he hasn’t starred in a film since 2016’s long-forgotten “Run the Tide,” Taylor Lautner has had an eventful summer. The “Twilight” star sold his ’90s modern compound in Chatsworth, Calif. for $4.2 million to NFL star Todd Gurley, and has quickly replaced it with a more clean-lined contemporary mansion in the Agoura Hills community, about
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Global capital inflows into American apartments dropped precipitously in the first half of the year. As economic turbulence around the COVID crisis weighed on the market, global capital invested in American apartments fell 49.2% year-over-year to $3.1 billion in the first half of the year, according to CBRE.  A nearly 80% decline in foreign investment
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Despite another interest rate drop, demand for refinancing and purchasing mortgages fell last week, with total mortgage application volume down 4.8% from the previous week, according to the Mortgage Bankers Association. Record-low mortgage rates are apparently not as impressive as they used to be, likely because rates have been so low for so long. The average
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