Day: August 9, 2020

‘People told me my plans for a skincare firm were crazy’

The BBC’s weekly The Boss series profiles different business leaders from around the world. This week we speak to Tata Harper, owner of the popular US skincare company of the same name.

Tata Harper’s mission to create a natural skincare range began when her stepfather was diagnosed with cancer in 2005.

His doctors advised him to adopt a healthier lifestyle. They wanted him to reduce the amount of toxins and synthetic chemicals he was exposing his body to, be it through the food he was eating, or what he was putting on his skin, from shampoo to soap.

Ms Harper says it made her realise that she, and the rest of the family, also needed to make the change.

“While I was looking for new products for him, I was also looking for new products for me, because I was trying to make my life more healthy,” says the 44-year-old

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Here’s the biggest news you missed this weekend

Trump signs executive orders for coronavirus relief

With stimulus talks at an impasse in Congress, President Donald Trump on Saturday signed a series of executive orders to provide temporary relief to Americans suffering from the economic impact of the coronavirus pandemic. “We’ve had it,” he said. “We’re going to save American jobs and provide relief to the American worker.”

The four executive orders will …

  • provide an additional $400 per week in unemployment benefits,

  • suspend payments on some student loans through the end of the year,

  • protect renters from being evicted from their homes, and

  • instruct employers to defer certain payroll taxes through the end of the year for Americans who earn less than $100,000 annually. 

But questions remain as to whether Trump has the legal authority to take these actions — or the money to pay for them.

A scramble for unemployment aid

It’s unclear whether Trump has the

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Disney World to Cut Theme Park Hours Due to Lower-Than-Expected Attendance amid COVID-19 Pandemic

Olga Thompson

Disney World will be reducing their operating hours in September amid lower-than-expected attendance due to the ongoing coronavirus pandemic.

The Florida theme park shared its revised hours on the Disney World website over the weekend.

The Magic Kingdom and Hollywood Studios are both losing an hour of operation at the end of the day. Meanwhile, Epcot is cutting back by two hours and the Animal Kingdom is losing an hour in the morning and an hour at the end of the day.

RELATED: Splash Mountain Log Flume at Disney World Sinks Under Water During Ride in Viral Video

Disney World’s new hours set to begin on Sept. 8 are:

Magic Kingdom: 9 a.m. to 6 p.m.

Epcot: 11 a.m. to 7 p.m.

Hollywood Studios: 10 a.m. to 7 p.m.

Animal Kingdom: 9 a.m. to 5 p.m.

Olga Thompson/Disney

Disney World officially reopened on July 11 after shutting down

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Celebrating Our 10-Year Anniversary: A Personal Reflection

Ten years ago today, I brought out my laptop at a general store in Lake Tahoe and officially became an entrepreneur for the first time. With a click on the keyboard, I pushed my first website onto the world thanks to that store’s wifi connection. For the 50-something me, it was a turning point.

For the entirety of my professional life, I extensively reported on the people who led some of the world’s most successful companies and many pioneering entrepreneurs. I often would joke that most business and economic reporters would not be able to run a lemonade stand or a shoeshine stand (something I have actually done in my teenage years for 15 cents a pair) on a busy street corner. Now, I had taken the big step to run websites on the world’s cluttered and noisy Internet.

I had never had to manage a real P&L, recruit and

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Amanda Kloots Says Picking Up Late Husband Nick Cordero’s Ashes Was ‘Beyond Surreal and Horrible’

Amanda Kloots is opening up about the difficult experience of picking up husband Nick Cordero’s ashes.

In an emotional update on Saturday, the fitness instructor — whose husband died at the age of 41 last month from coronavirus complications — spoke about how the past few weeks have been “really hard” for her.

“I’ve literally felt like I can’t even function. Where I’m just kind of in a fog and I don’t even know what I’m doing or what I’m saying,” she said. “Thank God for my brother and sister-in-law because they’ve rescued me and [1-year-old son] Elvis a lot.”

Kloots went on to share that she had recently picked up her late husband’s ashes.

“It was beyond surreal and horrible. But they’re in my possession and a good friend of mine said some beautiful advice: look at it as you have him with you now,” Kloots said. “Which is

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A Good Time For Mortgage Companies

Rocket Companies Inc. (NYSE:RKT), a mortgage company run by billionaire Dan Gilbert and best known for its subsidiary Quicken Loans, has released terms for its upcoming IPO. The company will sell 150 million shares with the possibility of selling an additional 22.5 million more at a maximum price of $22, and will thus raise up to nearly $3.8 billion. This company could be worth $40 billion after this IPO, making it the largest of 2020.

Bigger certainly does not mean better when it comes to IPO, as a quick glance at Uber (NYSE:UBER) can tell you. But Rocket Companies Inc. is in a good position to take advantage of trends caused by the coronavirus and has solid financial numbers to boot. But the big question is whether the positives can justify such a large valuation.

Q2 2020 hedge fund letters, conferences and more

Mortgages And COVID-19

Most businesses have been

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How to get the cheapest 15-year mortgage rate for your refinance

Refinancing remains at the top of many homeowners’ to-do lists as mortgage rates keep crashing to new all-time lows.

If you’re thinking of taking out a fresh loan with a lower, money-saving rate, your mind might automatically be going to a 30-year fixed-rate mortgage. It’s America’s most popular type of home loan, and maybe it’s what you already have.

But if you’ve been in your house a few years, refinancing into a 15-year mortgage can keep you from dragging out the debt and your interest costs. Though the monthly payments can be steeper, the loans come with lower interest rates — currently as low as 1.875%.

Here are four tips on how to get the very best deal when refinancing into a 15-year mortgage.

1. Compare loans

Most mortgage lenders offer both 30- and 15-year terms. Compare the current average rates between the two loan products, then zero in on

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Pelosi calls Trump executive order ‘constitutional slop’; US surpasses 5 million confirmed cases

President Donald Trump’s decision to unilaterally act on the pandemic-driven recession by with executive orders drew scalding criticism from House Speaker Nancy Pelosi on Sunday as the U.S. reached another historic milestone by surpassing 5 million cases.

The U.S. home to about one-quarter of cases reported worldwide. And our numbers continue to roar higher: More than 56,000 new U.S. cases were reported Sunday, with more than 1,000 deaths. More than 162,000 Americans have died in little more than six months.

All this as the world neared 20 million cases, a number experts widely believe is underreported due to insufficient testing. 

Trump, unable to cut a deal with Congress on a new $1 trillion stimulus package, signed an executive order and issued three memorandums Saturday. One would provide an additional $400 per week in unemployment benefits to millions of out-of-work Americans. Pelosi dismissed the package as an “illusion” and “constitutional slop.”

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US surpasses 5 million confirmed cases; Pelosi calls Trump executive order, other measures ‘constitutional slop’

The U.S. reached another historic milestone Sunday, surpassing 5 million reported cases of COVID-19 — a number roughly equal to one-quarter of total worldwide cases reported.

The numbers continue to roar higher: More than 56,000 new U.S. cases were reported Sunday, with more than 1,000 deaths. More than 162,000 Americans have died in little more than six months.

The Johns Hopkins University’s coronavirus dashboard also reported record-breaking numbers in Brazil, the second hardest-hit nation in terms of deaths and cases. Brazil has now exceeded 100,000 deaths and 3 million cases. 

All this as the world neared 20 million cases, a number experts widely believe is underreported due to insufficient testing. 

The staggering numbers come as world leaders grapple with the ongoing human and economic toll of the virus. President Donald Trump has previously attributed high number of cases in the U.S. to expanded testing, but data shows testing alone cannot

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Sobbing over the back-to-school display in the grocery store? It’s the coronavirus blues

School supplies. <span class="copyright">(Laurence Mouton / Getty Images)</span>
School supplies. (Laurence Mouton / Getty Images)

In the grocery store the other day, I passed through the “back to school” aisle and promptly burst into tears.

Not the salty-sweet tears that fill your eyes and hang on your lashes before sending a perfect drop or two down your cheek to remind you that you are still alive in an emotional way. Nope, these were throat-spasming sobs, complete with instant mucus production and primative guttural sounds.

It was … excessive. Especially considering how much I, into the ninth year of my third child’s education, hate back-to-school supply shopping. The possibility of not being forced by tradition into increasing our family’s already prodigious collection of erasers, colored pencils and backpacks is one of the few benefits (besides, you know, avoiding a deadly virus) of the online schooling my 8th-grader faces.

Even so, the sight of spiral notebooks and glue sticks sent

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