• Buffett’s virtual meeting aims to show Berkshire weathering coronavirus storm

    Buffett’s virtual meeting aims to show Berkshire weathering coronavirus storm

    Berkshire Hathaway annual meeting will be nothing like the extravaganzas of years past, but will give Warren Buffett a chance to show how resilient his cash-rich conglomerate may be to the coronavirus pandemic, and the investment opportunities it offers. The meeting and surrounding festivities that Buffett calls “Woodstock for Capitalists” normally draw more than 40,000 …
  • Broadway star Nick Cordero has holes in ‘severely damaged’ lungs due to coronavirus

    Broadway star Nick Cordero has holes in ‘severely damaged’ lungs due to coronavirus

    The wife of Broadway star Nick Cordero has revealed there are holes in his “severely damaged” lungs amid his ongoing battle with coronavirus. Amanda Kloots — who has spent weeks rallying support for her husband — said Thursday that her husband has “been thrown every curve ball he could be thrown” as she detailed via …
  • LeBron James incensed amid rumors of push to cancel NBA season

    LeBron James incensed amid rumors of push to cancel NBA season

    Not everyone wants sports back as soon as possible. NBA team executives and agents are pushing for the currently suspended season to be officially cancelled — according to a CNBC report — a desire to concentrate on formulating a safe plan to begin next season, mounting financial losses and frustration with the league’s sharing of …
  • Coronavirus quarantines lead to new restaurant membership program

    Coronavirus quarantines lead to new restaurant membership program

    People looking to help their favorite restaurants survive the coronavirus pandemic can now do it through a new annual membership program. In exchange for a flat fee, customers can score a discount on every takeout meal ordered from their favorite eatery for a year. A $100 membership buys a 25 percent discount; $40 gets you …
  • Coronavirus puts damper on global smartphone production

    Coronavirus puts damper on global smartphone production

    Global smartphone production is seeing its biggest-ever slump as the coronavirus pandemic has smothered global demand. Industry firm TrendForce said it expects production to dip 16.5 percent year-over-year to 287 million phones in the June quarter, continuing a slide that saw output drop 10 percent in the March quarter, when the outbreak spread and peaked …
  • La La Anthony ‘scared’ of getting too used to quarantine life

    La La Anthony ‘scared’ of getting too used to quarantine life

    La La Anthony is experiencing the “surprisingly fine with it” phase of quarantine — although that thought still worries her. ”I’m in the phase where I’m kind of getting used to it, but I figure my days out. Like I have my schedule between getting my work done, Zoom calls, conference calls, working out, watching …
  • Southampton diner transforms into drive-through art gallery during pandemic

    Southampton diner transforms into drive-through art gallery during pandemic

    A shuttered Southampton diner has turned into a drive-through art gallery amid the coronavirus pandemic. East Hampton-based artist Katherine McMahon is displaying her diner-inspired painting series inside of the Silver Lining Diner, which drivers can view from their cars. The artwork is visible through the restaurant’s windows, to adhere to social-distancing orders in place. Fifty …
  • Bankrupt companies sue to get coronavirus aid for small businesses

    Bankrupt companies sue to get coronavirus aid for small businesses

    Bankrupt companies are reportedly suing the feds for cutting them off from loans that could keep them afloat during the coronavirus crisis. Troubled firms have filed at least a dozen lawsuits against the Small Business Administration to get access to the $659 billion Paycheck Protection Program offering forgivable loans to help small businesses keep their …
  • Goldman Sachs votes to pay CEO David Solomon $24.7M

    Goldman Sachs votes to pay CEO David Solomon $24.7M

    Goldman Sachs shareholders approved CEO David Solomon’s $24.7 million pay day on Thursday despite calls for it to be voted down in light of the COVID-19 pandemic. Seventy-one percent of shareholders OK’d the 2019 compensation package, down from 91 percent the year earlier, Goldman announced at its annual shareholder meeting. The 58-year-old chief executive’s pay …
  • U.S. Intel Community Says COVID-19 ‘Not Manmade or Genetically Modified’

    U.S. Intel Community Says COVID-19 ‘Not Manmade or Genetically Modified’

    The Office of the Director of National Intelligence said in a Thursday statement that the U.S. intelligence community “concurs” with scientific assessments that coronavirus “was not manmade or genetically modified.” “As we do in all crises, the Community’s experts respond by surging resources and producing critical intelligence on issues vital to U.S. national security,” ODNI …