Month: November 2020

U.S. President Donald Trump addresses supporters at a campaign rally outside Raymond James Stadium on October 29, 2020 in Tampa, Florida. Paul Hennessey | NurPhoto | Getty Images President Donald Trump‘s campaign rallies led to more than 30,000 coronavirus cases, according to a new paper posted by researchers at Stanford. Researchers looked at 18 Trump
0 Comments
SHANGHAI — Chinese fintech giant Lufax is laying the groundwork for international expansion over the next five years, following a cash injection from its U.S. IPO, the company’s chief executive told CNBC. Lufax started trading on the New York Stock Exchange on Friday raising around $2.36 billion. The stock fell as much as 14.3% on
0 Comments
Year-end tax planning for 2020 involves several new wrinkles, in addition to the usual strategies. The Treasury Department and the Internal Revenue Service continued a significant flow of guidance with respect to the Tax Cuts and Jobs Act in 2020. Most of the new tax legislation was related to COVID-19 relief, and frequently expires at
0 Comments
There’s a livelier new vibe at 299 Park Ave., Fisher Brothers’ 44-story office tower between East 48th and 49th streets. The new look reflects renewed energy up and down the iconic commercial corridor from East 40th to East 59th street following several years of decline. As part of a just-completed $20 million capital-upgrades program, 299
0 Comments
The arrival of social media has changed the very nature of celebrity; today, believe it our not, Instagram and Tik Tok clout is the highest form of advertising currency. Young consumers have always tended to distrust major corporations, but it’s only recently that marketers have pivoted to target the all-important Gen-Z and millennial demographics through
0 Comments
Hotel REITs are beginning to announce third quarter earning results. While many REITs are reporting some improvement compared to earlier in the pandemic, the results are varied. While there is yet to be a clear picture of the hotel market, hotels are beginning to show signs of recovery with positive EBITDA and improving RevPAR. Chatham
0 Comments
Ben Silbermann, co-founder and chief executive officer of Pinterest Tomohiro Ohsumi | Bloomberg | Getty Images The U.S. Presidential election is only days away, and Wall Street is bracing for market turbulence. However, given the lingering uncertainty, it’s unclear whether market volatility could persist post-election. “Time will tell if expected volatility turns into realized market
0 Comments