Category: Business is Fun

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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JPMorgan, Wells Fargo, Citigroup, Nike and Oracle are part of Zacks Earnings Preview

For Immediate Release

Chicago, IL – July 13,2020 – Zacks.com releases the list of companies likely to issue earnings surprises. This week’s list includes JPMorgan JPM, Wells Fargo WFC, Citigroup C, Nike NKE and Oracle ORCL.

What Will Q2 Bank Earnings Reveal?

The large money-center banks that will kick-off the 2020 Q2 earnings season for the sector this week have been hit hard in the ongoing pandemic-driven economic downturn.

Stocks in the Zacks Major Banks industry — including JPMorganWells FargoCitigroup and others — on deck to report results this week have only modestly recovered from their

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From warehouses to office space, real-estate markets have been turned upside down. These are the winners and losers.

The way we occupy space and our relationship with places like stores and offices is transforming.
The way we occupy space and our relationship with places like stores and offices is transforming.

Katie Warren/Business Insider

  • Offices, hotels, and malls were emptied by the coronavirus. While some are reopening, the disruption has created a new normal. 

  • Big firms are rethinking office needs — and some commercial real-estate deals are being put on ice as financing dries up. 

  • A surge in e-commerce, meanwhile, is fueling demand for warehouse space from companies like Amazon. 

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The coronavirus threw the real-estate world into disarray, as people emptied

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