Category: Business is Fun

Success Academy Offers Sobering Lesson for Reopening NYC Schools

(Bloomberg) — If any school in America could find an edge just now — a magic way to reopen kindergarten or teach Algebra online — you might think it was one beloved by Wall Street millionaires and billionaires.

But not even Success Academy, the largest charter-school network in New York, the nation’s largest school district, has easy answers for teaching kids during this pandemic.

As school districts everywhere weigh bringing students back against the risks of spreading the virus, Success Academy offers a sobering lesson about how daunting that calculus has become. This much is certain: reopening schools is now

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A COVID-19 vaccine at what price? Should all Americans be able to get a shot for free?

How much should it cost the average American to get a COVID-19 vaccine shot in the arm?

Although a vaccine is still months if not longer away, billions of tax dollars are being spent to rapidly research, develop, manufacture and distribute several candidates. The federal government has already promised to make a vaccine free for people of low income. But how many taxpayer dollars would enable everyone to get it without paying? 

That’s not clear, in part, because the government hasn’t released the details of the contracts it’s signing with vaccine developers, five of which will update members of Congress

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Famed Harlem restaurant Sylvia’s ‘paddling to keep afloat’ in coronavirus era

Like most other eateries across the country, New York City soul-food restaurant Sylvia’s — a historic mainstay in Harlem — is struggling in the COVID-19 era.

Once a global epicenter of the outbreak, the Big Apple is poised to begin the next phase of its reopening on Monday. However, Governor Andrew Cuomo postponed indoor dining in restaurants, a decision that has slammed the Upper Manhattan eatery, famed for both its food and its politically-connected clientele.

“We’re still paddling to keep afloat,” Tren’ness Woods-Black, granddaughter of the late Sylvia Woods and VP of Communications and Strategic Partnerships at Sylvia’s, told Yahoo

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G-20 May Now Look Beyond Initial Debt Relief to Poor Nations

(Bloomberg) — The Group of 20 leading economies this weekend may have to consider expanding help for the world’s poorest countries, three months after agreeing to provide temporary debt relief, as the coronavirus pandemic continues to ravage nations.

Central bankers and finance ministers from the G-20 will hold a virtual meeting on Saturday to discuss and coordinate phased efforts to spur a global economic recovery. Looking beyond just debt relief efforts would be part of that.

The Covid-19 pandemic is now spreading faster in the Americas and Africa compared to the previous meeting in April when the bulk of infections

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20 Genius Things Mark Cuban Says To Do With Your Money

You might have heard this billionaire’s name, but who is Mark Cuban and how did he make his money? It’s possible you know him as one of the sharks on the hit show “Shark Tank,” but Cuban is more than just a TV personality — he’s also the owner of the Dallas Mavericks and a successful investor. In fact, Mark Cuban’s companies are so successful that he made his first million in 1990 after selling his business to CompuServe and then earned a $5.9 billion paycheck after he sold his online streaming audio service to Yahoo in 1999.

Cuban knows

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