Category: Finance News

May 6

The Moneyist: My son is staying with me, but my financially irresponsible ex-husband received the $500 stimulus check for our child. Is he right to keep it?

Dear Moneyist, My ex-husband and I are court-ordered to rotate the years we claim our child’s tax credits, even though my child lives with him for less than half of the year. He doesn’t pay any of our child’s expenses, such as sports and equipment and school lunches. I have to furnish everything for both […]
May 5

China is reportedly silencing coronavirus survivors who want answers on what went wrong with the country's early coronavirus response

china mask man coronavirus Kevin Frayer/Getty Images According to The New York Times, seven Wuhan residents who weathered the coronavirus outbreak or whose family members had died from the virus were planning to sue the government in order to get some answers on what missteps may have led to the coronavirus pandemic. But lawyers have […]
May 5

‘Giving Tuesday Now’ asks Americans to lend a hand during the coronavirus pandemic — even if they can’t afford to donate

An annual online giving campaign that raises billions for charities is holding an emergency version of the event to help people suffering as a result of the coronavirus pandemic. Giving Tuesday usually happens on the Tuesday after Thanksgiving, but this Tuesday, May 5, organizers are hosting Giving Tuesday Now “as an emergency response to the […]
May 5

The Wall Street Journal: WeWork co-founder Adam Neumann sues SoftBank over collapse of $3 billion deal

WeWork’s co-founder and former chief executive Adam Neumann sued SoftBank Group Corp., accusing the Japanese technology group of breaking a key provision of a deal that gave SoftBank control of the shared-office-space company. The civil complaint, filed in Delaware’s Chancery Court, is the latest legal tussle over SoftBank’s multibillion-dollar rescue of We Co., the parent […]
May 5

The Wall Street Journal: Juul moving its headquarters from San Francisco to Washington

Juul Labs Inc. is moving its headquarters from San Francisco to Washington, D.C., as the e-cigarette maker seeks to repair its relationship with regulators and distance itself from Silicon Valley’s growth-at-all-costs culture, according to people familiar with the matter. The move is part of a broader restructuring plan that includes a reduction in the company’s […]
May 4

NYC Police Union Claims ‘City Will Fall Apart’ Unless Cops Taken Off Social Distancing Enforcement

The New York City Police Benevolent Association, the city’s largest police union, released a statement Monday arguing that officers should not be tasked with enforcing social distancing ordinances. “The NYPD needs to get cops out of the social distancing enforcement business altogether,” PBA president Patrick Lynch said in a statement. “As the weather heats up […]