Month: August 2020

U.S. President Donald Trump delivers his acceptance speech as the 2020 Republican presidential nominee on the South Lawn of the White House in Washington on Aug. 27. Carlos Barria | Reuters Workers who participate in President Donald Trump’s payroll tax deferral will see a temporary increase in their take-home pay, but they’ll likely see smaller
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The Edge, in Amsterdam, is officially the greenest office building in the world. It’s also the testing ground for a radical, highly connected new way of working, where employees have no set workspaces and can dial in their individual climate and lighting preferences via an app. Businessweek’s Tom Randall got a first-hand look at the
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China on Monday announced that manufacturing activity expanded in the month of August as the country continued to recover from the coronavirus pandemic.  The official manufacturing Purchasing Manager’s Index (PMI) for the month of August came in at 51.0 as compared to 51.1 in July, according to the National Bureau of Statistics. However, the pace of expansion missed
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DusanManic | iStock | Getty Images Many people’s retirement dreams received a reality check following the economic downturn caused by the coronavirus pandemic. New research shows that’s especially true for older workers. A recent report from Democrats on the Joint Economic Committee of Congress found that workers ages 65 and up were hit harder by
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DraftKings CEO and Co-Founder Jason Robins speaks during the unveiling of DraftKings headquarters March 26, 2019 in Boston, Massachusetts. Darren McCollester | Getty Images Stocks are once again at record high levels — with the S&P 500 now up over 21% on a one-year basis. That’s following Fed Chair Jerome Powell’s more-relaxed inflation targeting strategy,
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Take a look at some of the biggest movers in the premarket: Coca-Cola (KO) – The beverage giant announced a reorganization which will see the current 17-unit business structure changed to nine business units. The realignment will result in an undetermined number of both involuntary and voluntary job cuts, with Coca-Cola planning to offer voluntary
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Scott Gottlieb, former Commissioner of the FDA Adam Jeffery | CNBC Dr. Scott Gottlieb, former FDA chief under President Donald Trump, said on Sunday that the new guidance from the Centers for Disease Control and Prevention to not test asymptomatic people for Covid-19 was  “unfortunate” because those people could be at high risk of contracting the infection.  “We should
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For thousands of years, agarwood has been known as “The Wood of the Gods.” First-grade agarwood can cost as much as $100,000 per kilogram, making it one of the most expensive raw materials in the world. Aquilaria malaccensis is a tree native to the rainforests of southeast Asia. The healthy heartwood inside Aquilaria trees is
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Tiger selfies in Thailand, donkeys buckling beneath heavy riders in Greece, guests doing yoga atop elephants at a luxury resort — these instances, and others, were the impetus behind new animal tourism guidelines published last week by adventure travel company, Intrepid Travel, and the global animal welfare organization, World Animal Protection.  The Animal Welfare Policy Toolkit says
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An employee demonstrates the Wirecard AG online payment smartphone app on the company’s exhibition stand at the Noah Technology Conference in Berlin, Germany, on Thursday, June 13, 2019. Krisztian Bocsi | Bloomberg via Getty Images Wirecard Card Solutions, the U.K. unit of disgraced German payments company Wirecard, has announced it will sell some assets to
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Papa John’s International Inc. signage is displayed on top of a delivery vehicle outside of the company’s restaurant in Nashville, Tennessee. Luke Sharrett | Bloomberg | Getty Images As consumers continue to flock to carryout and delivery during the pandemic, Papa John’s has continued its growth streak into August. From July 27 through Aug. 23,
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With three months until the 2020 U.S. presidential election, a national poll finds that more than one-third of likely voters have a dismal view of their finances — and a bleak outlook for employment, wages, job security and health care. Of the more than 2,300 likely voters in the most recent CNBC and Change Research‘s States
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