Quantcast
Channel: Business Insider
Viewing all 116840 articles
Browse latest View live

The CEO of a supplier that stocks NYC's Michelin-starred restaurants says they're so desperate to sell off their inventory that they're giving away caviar for free

$
0
0

regalis foods ian Purkayastha

  • Before the coronavirus outbreak, Regalis Foods supplied some of New York City's fanciest Michelin-starred restaurants, including Eleven Madison Park and Le Bernardin.
  • Now, with restaurants shut down across the US, the company has pivoted to delivering to home consumers.
  • It's selling most of its products at wholesale prices to get through a stockpile of pricey, perishable food items.
  • For orders of $250, the company has been throwing in an ounce of caviar for free.
  • "We're currently sitting on a few hundred thousand dollars worth of caviar that is set to expire in several months," founder Ian Purkayastha told Business Insider.
  • Visit Business Insider's homepage for more stories.

In the midst of a global pandemic, most people aren't thinking about caviar.

But Ian Purkayastha can't stop thinking about caviar, because there's hundreds of thousands of dollars worth of the gourmet product sitting in his warehouses in New York City, Chicago, and Texas — and he doesn't know how he's going to sell it all.

Purkayastha's company, Regalis Foods, was supplying truffles, Wagyu beef, and high-end food items to the country's most prestigious Michelin-starred restaurants, including Eleven Madison Park and Le Bernardin in New York City, just a few weeks ago. Then, it abruptly lost 99% of its business after restaurants across the US were shut down by government mandate to slow the spread of the coronavirus.

To keep his business afloat, Purkayastha has switched gears and has started selling directly to customers at home, shipping products right to their doors.

Many of his pricey products — like caviar — are perishable, so he needs to sell them before they expire in the coming months.

"We're currently sitting on a few hundred thousand dollars worth of caviar that is set to expire in several months," Purkayastha told Business Insider. "I know caviar is not something that people are really thinking about now, but we're going to be in deep s--t if we can't start selling a lot of caviar to home consumers."

caviar

When restaurants closed their doors, Regalis Foods was left with more than $1 million in outstanding receivables owed to them, Purkayastha says. 

To get through the stockpile of caviar they still have in their warehouses, the company has been running promotions where they throw in a free ounce of caviar for every $250 order, "even if we're just basically giving it away," he said.

The caviar Regalis sells on its website costs between $35 and $295 per ounce.

Regalis foods

Regalis also sells boxes of mushrooms, wild black truffles, French white asparagus, Australian tiger prawns, live king crabs, Heritage Berkshire Pork, American Wagyu beef, and truffle oil — all FedEx-ed in ice-packed boxes right to your door. And it's not just the caviar that will come at a bargain. 

"We have a bunch of perishable inventory that we've been trying to fire sale to push out the door," Purkayastha said. "So we dropped pricing on all of our items — basically wholesale pricing for home consumers on some items, or just selling at a loss to try to get them out the door before it expires."

Regalis Foods offers free FedEx delivery (with a $100 minimum) in New York City, Chicago, and Texas, where the company has offices, and overnight shipping nationwide for $60.

SEE ALSO: A company that supplies Michelin-starred restaurants is now delivering live king crabs and $85 Wagyu beef steaks straight to people's homes during the coronavirus lockdown

DON'T MISS: 'Blindsided' with no backup plan and rents closing in: Laid-off NYC restaurant workers describe how their lives have changed as their industry collapses around them

Join the conversation about this story »

NOW WATCH: Traditional Japanese swords can take over 18 months to create — here's what makes them so special


Here are the best funny images and memes to use as a Zoom background

$
0
0

For a Zoom background with a pop culture reference, try a scene from 'The Office' or the 'Everything is fine' meme.

  • You may be using the video-chatting platform Zoom for everything from work meetings to parties, and one feature that anyone using it on their laptop or computer can take advantage of is the custom background.
  • Zoom lets you upload any image you have saved as a custom background, and the potential for humor is endless with snapshots of memes and pop culture references. 
  • Here are some of the funniest custom background images you can download and use on Zoom.
  • Visit Business Insider's homepage for more stories.

The video-chatting app Zoom has exploded in popularity while its users are quarantined, and while its true purpose is for work-related meetings, you can also use Zoom just to hang out with your friends. 

One feature that gives Zoom a competitive edge is the ability to use your own custom background instead of whatever room you're in while you chat. And that feature has been taken to its comedic extremes with the use of memes and pop culture references. Here are some of the best choices you can download and use yourself. 

SEE ALSO: How to throw a perfect Zoom party with your friends and family

DON'T MISS: A sex club is hosting a Zoom orgy with 100 masked attendees, burlesque dancers, and fire performers during the coronavirus lockdown

NEXT UP: How to have a great first date via video while you're in quarantine, according to an elite matchmaker

First, to set your custom background, here's how to access the feature.

To set your custom background on a laptop or computer, you first need to navigate to the up arrow next to the "Stop Video" button in the bottom left corner of your Zoom screen.

When you click that, a menu pops up with the option "Choose Virtual Background." Clicking that takes you to a pop-up screen where you can either pick from a few stock images or click the "+" button to upload an image.



First, a word of advice – if you're looking for a good Zoom background, you need an image that won't get covered up by your own head.

For example, this picture of Elon Musk and Grimes at the Met Gala functions well as a custom Zoom background because your head, which will generally be sitting in the middle of the frame, doesn't cover up either person. 

If you're seeking the custom background of your dreams, you should find images that don't have a lot going on in the middle. If you want it to be a picture of someone, don't pick a headshot – pick two people standing next to each other, like Musk and Grimes.

Or, continue on for some images that are tried and true Zoom masterpieces. 



One popular meme that functions as a great background is the 'This is fine' cartoon.

There's almost no better meme to represent the current moment in time than the "This is fine" dog meme, which depicts a cartoon dog in a house that's burning down. With nowhere to go, the calm demeanor in the face of imminent danger is extremely relatable. 

A couple different Twitter users inspired this version, and there are lots of different variations of the original meme, too. 

 

I grabbed mine from the meme's page on Know Your Meme. 



Pretty much everyone recognizes the confessional scene backgrounds from 'The Office.'

Without even a working knowledge of "The Office," most people (myself included) will still recognize the scenes where characters like Pam and Jim filmed the confessional segments of the series. You can download this particular setting from this tweet. 

 



Another pop culture option is a Hogwarts-themed background, like the Great Hall.

This professor tweeted out his Hogwarts Great Hall background, which he taught in front of.

Zoom is being used in more academic settings as schools operate remotely during quarantine. As a student, you probably shouldn't upload a distracting custom background. But you can enjoy the Hogwarts spirit in more casual settings, too. 

I got my Christmas Great Hall scene here



For an out of this world Zoom background, virtually send yourself into space.

This tweet offers a picturesque Zoom background for anyone who likes to shoot for the stars. 

 



Your space journey doesn't have to end there – you can also jump into hyperspace on the Millennium Falcon.

This tweet about interviewing prospective students on Zoom offers another excellent option for a pop culture-inspired background. This time, it's Star Wars. 

I found a similar image here.



But if you're more of a 'Star Trek' person, that's a great option too.

With this tweet, you get both the image you need and the inspiration for some 'Star Trek' quotables to toss into your meeting or hangout session. 

 



And maybe the best meme to use for a Zoom background is the guy looking over his girlfriend's shoulder – this time, at you.

As one of the most popular memes, it was only a matter of time before "guy looking over his disgusted girlfriend's shoulder at another girl" became a Zoom background. 

I got a high-quality version of what used to be just a standard stock image here.

The meme potential for Zoom custom backgrounds is endless, and they function as great conversation starters during your next Zoom meeting with friends or coworkers. 

 



Texas has been the poster boy for good economic news in the US, and its decimation by the coronavirus shows what a rough ride every state has in store

$
0
0

texas family

The coronavirus pandemic is striking Texas where it hurts: in the oil industry.

As local governments in the state (but not the governor) implement stay-at-home orders to help slow the spread of the coronavirus, Texans are sticking inside, reported Gregory Meyer for The Financial Times. The decline in fuel demand is one factor behind oil cratering to around $20, the other being the ongoing oil-pricing war between Saudi Arabia and Russia. And it's not good news for a state that produces 41% of the US' crude oil.

"As much a tragedy as the coronavirus is, most states are dealing with one problem," Dale Craymer, president of the Texas Taxpayers and Research Association and a former state budget director, told Meyer. "Texas is dealing with two because we're dealing with coronavirus and the dramatic drop in oil and gas prices."

The plunge is putting Texas' tax revenue, oil output, and investment at risk, Meyer wrote. Craymer's group estimated that despite saving a portion of oil and natural gas production taxes in an emergency fund, Texas loses out on $85 million per year in tax revenue for every $1 decline in oil price. In the current budget cycle, Meyer reported, citing comptroller revenue estimates, these taxes were expected to earn the state about $5.5 billion.

That's based on a $58 oil price, he said, which has since fallen to $20.

But the oil price drop isn't Texas' only grievance. Texas tourism, a $69 billion industry, may also see a decline. Texas Gov. Greg Abbott hasn't issued a statewide order shutting down beaches, but spring breakers who've been crowding the beaches previously told Business Insider that local businesses in the area were shutting down temporarily due to restrictions. It's a problem compounding with the states declining sales taxes, Meyer reported.

That $5.5 billion of anticipated revenue was expected to generate $1.6 billion for the state's rainy-day fund, and the shortfall is going to challenge the statewide response to the pandemic. In the absence of a cohesive national strategy to arrest the spread of the coronavirus, state governments have had to step into the breach.

If even Texas is having economic issues, then, that bodes ill for states with fewer advantages. As Catherine Rampell of The Washington Post reported, citing Moody's, only about half of US states have rainy-day funds adequate for a moderate recession. And this looks like no moderate recession. 

Texas has built a reputation as one of the best places to live

The hits to oil and tourism are big blows to the Lone Star State, the poster child for marrying a low cost of living to a booming economy. 

Ten cities in Texas ranked in the top 25 lowest cost of living cities in the US, Business Insider's Erin McDowell reported, citing a report by Niche. That's more than any other state. Wichita Falls ranked number one. And a recent SmartAsset report deemed eight Texas cities recession-proof— again, more than any other state in a list of 25. This time, Frisco ranked first.

Consequently, Texas has undergone a population boom in recent years. In the past eight years, its population swelled from over 25.2 million to more than 28.6 million, reported Business Insider's Andy Kiersz and Madison Hoff. Metro areas across the state, from Waco to Austin, have welcomed the influx of new residents. And Dallas happened to be the top city millennials moved to in 2019.

Texas, which is one of seven states without personal income tax, offers several alluring factors to residents and transplants, according to Shaina Mishkin for Money: Good weather, housing affordability, and job growth. With 54 Fortune 500 companies headquartered there and a strong energy-oriented economy, the state is one of the best places to find a job.

But the latter may no longer hold true, thanks to the coronavirus pandemic. As Meyer wrote, the oil slump has already led to salary cuts and job loss.

If the pandemic is bringing one of America's most affordable states to its economic knees, that's not a good sign for any state.

As Craymer told Meyer of the FT, the so-called "Texas Miracle" is "on ice for the time being."

SEE ALSO: Florida's spring break problem shows a political pandemic divide: Red and blue states are treating coronavirus differently

DON'T MISS: The top 25 recession-proof cities in the US

Join the conversation about this story »

NOW WATCH: Traditional Japanese swords can take over 18 months to create — here's what makes them so special

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on.

$
0
0

drake

  • Rapper Aubrey "Drake" Graham gave fans a glimpse into his personal life during the coronavirus pandemic by sharing photos of his toddler son and showing off his newly redesigned custom private plane.
  • Drake has an estimated net worth of $150 million and was ranked No. 5 on Forbes' list of the richest rappers in 2019— he's also the youngest on the list by 10 years.
  • The "God's Plan" artist has won Grammy awards for his music, but his business ventures span way beyond the recording studio. 
  • He co-runs October's Very Own— an umbrella company for his clothing line, record label, and radio station — is an ambassador for the NBA'sToronto Raptors, and has quite the real estate portfolio. 
  • He's currently No. 3 on Forbes highest-paid acts in Hip Hop— raking in $75 million in 2019.
  • From his start as an actor on "Degrassi: The Next Generation" to his current status as a hip hop icon, here's how Drake made his millions and what he's been spending it all on since. 

SEE ALSO: Peek inside Michael Jordan's houses, cars, and travels and see what $1.9 billion buys

DON'T MISS: Michael Jackson was 'the highest-paid dead celebrity of 2018,' but the singer died in debt. Here are some of the most extravagant things he spent his fortune on.

On Monday, Drake shared a photo of his son, Adonis, on Instagram for the first time amid social distancing during the coronavirus pandemic. "I love and miss my beautiful family and friends and I can't wait for the joyful day when we are all able to reunite," he wrote.

Instagram Embed:
//instagram.com/p/B-WjWVJlBnJ/embed
Width: 540px

 

Source: Insider



The day before, Drake revealed that Louis Vuitton designer Virgil Abloh had revamped his $185 million custom private plane. He captioned the post "Social Distancing c/o Abloh Engineering," which some critics said was insensitive during a pandemic.

Instagram Embed:
//instagram.com/p/B-TKln2lKMC/embed
Width: 540px

 

Source: Business Insider



Drake — a music artist who goes by his middle name — was named the No. 5 richest rapper of 2019 by Forbes.

Source: Forbes



The rapper's net worth is estimated to be $150 million.

Source: Forbes



At 32 years old, Drake is the youngest on the list.

Source: Forbes



From 2018 to 2019, Drake's net worth grew by 50%, according to Forbes. And that's thanks to way more than just his music.

Source: Forbes



Drake told Forbes that he is always trying to get "better at things that make money."

Source: Forbes



While that "objective" of his does include reportedly making around $2 million per night on tour ...

Source: Forbes



... it also includes his various business projects like the OVO family of brands he started.

Source: Business of Fashion



OVO stands for October's Very Own — Drake was born in October so the brand name is a nod to himself. The company started as an online community where the budding rap star released his first studio album, "Thank Me Later."

Source: Business of Fashion



OVO co-founder Oliver El-Khatib likened the MySpace page where the brand started to today's Instagram in terms of the platform's ability to facilitate a connection between an artist and their fans.

Source: Business of Fashion



Before he reached hip hop superstardom, Drake was an actor. He was a regular on the teen-focused soap opera, "Degrassi: The Next Generation." So Drake, the actor, turned to a MySpace page to transition to Drake, the musician.

Source: Vox, Business of Fashion



The page turned into a blog, which became a spot for Drake, El-Khatib, and their team to post inspiration and also their original work, El-Khatib said. When the first album came out in 2010, it went right to the top of the US Billboard 200 list.

Source: Business of Fashion



Drake went on to make several more albums, some of which reached No. 1 on charts and won various awards.

Source: Biography



He also won a Grammy Award for the best rap album in 2013.

Source: Biography



In 2011, the brand started to release clothing. El-Khatib said it was because the group needed some tour-specific clothing for employees at venues to easily recognize the team. Since then, fashion has been the company's biggest source of revenue and is projected to do $50 million in sales in 2019.

Source: Business Of Fashion



The brand has also participated in collaborations with other fashion icons. In December 2013, Drake announced a collaboration line with Nike's Jordan Brand.

Source: GQ

Read more: Photos show the rise, fall, and comeback of Nike's iconic Air Jordan sneakers



But clothing isn't the company's only source of revenue. There is also OVO Sound and OVO Sound Radio — a record label and radio program respectively.

Source: Business Of Fashion



The actor-turned-musician also has quite an extensive real estate portfolio.

Source: Business Insider, Architectural Digest



His most recent Los Angeles acquisition was a $4.5 million ranch in Hidden Hills — a neighborhood also known for being the home of celebs like the Kardashians.

Source: Variety, Architectural Digest, Curbed



He dubbed the first of his three Hidden Hills homes the Yolo Estate. Drake paid $7.7 million for the estate in 2012.

Source: Business Insider, Trulia



The third home — a 1950s-style ranch — bumped up Drake's Hidden Hills acreage to a cool 6.7 acres. That's roughly the size of five football fields.

Source: Variety, Architectural Digest, Curbed



Before all the acting, businesses, and subsequent sources of income, Graham was busy growing up in Toronto, Canada.

Source: Saturday Night Live



He was raised predominantly by his single mother in a Jewish household.

Source: Biography



Through his own song lyrics and different interviews with magazines like GQ, the rapper has touched on having a complicated relationship with his father, but in recent years the rapper has said, "We're cool" now.

Source: GQ, Complex



Like many religiously observant Jewish people, Drake had a Bar Mitzvah when he was around 13 years old. Billboard reported that he even hosted a "re-Bar Mitzvah" for his 31st birthday.

Source: Billboard



One of the ways Drake stays connected to his Toronto roots is through his ambassadorship-turned-partnership with the city's NBA team, the Raptors.

Source: City News Toronto, TIME



In 2013, the rapper who grew up a "die-hard fan" of the team was named Raptors' global ambassador.

Source: Hardwood Diagnostic, City News Toronto



He said as ambassador, he wants "to bring the excitement into this building, I want a team that people are dying to come see, I want the tickets to be extremely hard to get, I want to bring that aggression, I want to bring that energy."

Source: Hardwood Diagnostic, City News Toronto



He's even hinted at wanting to buy the team one day.

Source: Instagram



With Drake's help, the team launched a publicity campaign in 2014.

Source: USA Today, Toronto Raptors



Team representatives have said "We the North" is an attitude and mindset that they hoped fans all over the world would get behind ...

Source: USA Today, Toronto Raptors



... and they have.

Source: USA Today, Toronto Raptors



In 2017, the partnership between the star and the team grew its philanthropy reach. Drake and the Raptors donated a total of $3 million to Toronto and to Canada Basketball.

Source: City News Toronto



The money was to be used to build courts around the city and facilitate the overall growth of the sport in the community.

Source: City News Toronto



In March 2019, the Raptors' practice facility was renamed the OVO Athletic Centre.

Source: Complex



Even though Drake is often seen courtside cheering on the Raptors ...

Source: TIME



... he's also proven to be a Golden State Warriors fan at times.

Source: TIME



In fact, he bet French Montana $60,000 that the Warriors would beat the Cleveland Cavaliers in the 2016 NBA Finals — the Warriors lost and Drake was out a cool $60K.

Source: Bleacher Report



Another NBA team that has had the rapper's heart at one point is the Miami Heat.

Source: TIME, SB Nation, Heat Nation



He's been accused of being a "bandwagon fan" — someone who supports whatever team is supposed to be the best that season.

Source: TIME, SB Nation, Heat Nation



He was spotted on the Heat's sidelines cheering for pals Dwyane Wade, Chris Bosh, and LeBron James.

Source: TIME, SB Nation, Heat Nation



But the rapper has also proven to show some philanthropic love for the Florida city.

Source: Reuters



In 2018, he donated $50,000 to help pay for a new homeless shelter after visiting Miami’s Lotus House — the city’s only homeless shelter for women and children at the time. He also gave Target gift cards to mothers and toys to children.

Source: Miami Herald



The rapper used his "God's Plan" music video budget of almost $1 million to make different donations around the city. The video opens with a statement that reads: "... Don't tell the label ..."

Source: Drake YouTube, TIME, ABC News



He filmed the video in various locations around Miami and made subsequent donations. He gave Destiny James, a student at the University of Miami, a check for $50,000 ...

Source: Miami Herald



... he walked into a grocery store and told shoppers he'd pay for everything they bought that day ...

Source: Miami Herald



... he walked up to families and handed them stacks of cash ...

Source: Miami Herald



... he donated $25,000 to Miami Senior High School ...

Source: Miami Herald



... he danced with kids at the Overtown Youth Center ...

Source: Miami Herald



... and donated $20,000 to the Miami Fire Department.

Source: Miami Herald



Other lucky people around the city were given cars and shopping sprees at Saks Fifth Avenue.

Source: Miami Herald, Drake YouTube



While it's clear the rapper has spent a significant amount of money on strangers, he has also reportedly been supporting Sophie Brussaux — a former adult-film star and the mother of Adonis, Drake's son.

Source: TMZ, People, Hollywood Life, Hypebeast



Drake hasn't been without his share of controversies. When fellow rapper Pusha T announced to the world that Drake, in fact, did have a son, it made headlines. He also called out Drake for wearing blackface on one of his album covers.

Source: CNN, Reuters



October's Very Own defended himself in the conversation around blackface, but he did confirm Pusha T's allegations that he had a son. The confirmation came in 2018 when Drake said he was "hiding the world from my son," not the other way around.

Source: Vanity Fair, Cosmopolitan



Drake is constantly working on new ventures — like investing in tech company Omni — and making music. There's no telling what's next in Drake's plan.

Source: Kulture Hub, Biography, Forbes



The 10 US cities most vulnerable to a housing downturn in a coronavirus-led recession

$
0
0

San Francisco

  • A recent analysis by Redfin found the 10 US metro areas most at risk of a housing downturn in the coronavirus-led recession.
  • The study measured each metro area on factors including the number of people employed in the leisure and hospitality industry and the the number of coronavirus cases per 1 million people as of March 24.
  • Visit Business Insider's homepage for more stories.

In the midst of the US' battle against the coronavirus pandemic, industries across the globe are gearing up for an inevitable decline in business.

A recent analysis by Redfin looked at the 50 most-populated metro areas across the US and found the 10 most at risk of a housing downturn in the coronavirus-led recession.

In the report, Redfin emphasises that the US housing market had a strong start to 2020. In fact, in the last quarter of 2019, million-dollar sales were up 11% and housing prices overall were up, too. On an annual basis, 2019 saw the most first-time homebuyers since 1993, according to Genworth Mortgage Insurance. Then, in January, new home sales and pending home sales both shot up and inventory was at its lowest level since 2012.

Because the housing market was in good shape heading into the pandemic, Redfin projected the coronavirus fallout to be mild and much less severe than the fallout caused by the 2008 recession.

Nonetheless, markets across the country are still in danger of being economically impacted by the pandemic, some more than others.

In order to find the 10 markets that will be most vulnerable, Redfin used 13 factors to find the overall risk score of each metro area.

The factors measured include the number of people employed in the leisure and hospitality industry, the number of people employed in the air transportation industry, the median debt-to-income ratio, and the number of coronavirus cases per 1 million people as of March 24.

Other, less weighted factors, include the median home sale price-to-household income ratio, home price volatility, the average loan-to-value ratio of homes sold in 2019, the percent of state GDP made up of imports from China, the percentage of households owned by people who are 65 or older, and the share of home sales that were flips.

Keep reading for a look at the 10 housing markets most at risk of a downturn, ranked from lowest to highest risk score.

SEE ALSO: Here's how the $2 trillion stimulus package can help real estate agents at a time when the coronavirus is bringing the housing market to a halt

DON'T MISS: A 7-year veteran of the New York City real estate industry is working through the coronavirus pandemic — and shares 3 tips for how you can improve your business during this time

10. Providence, Rhode Island

Recession risk score: 63.7%

Median home value:$240,585

Population:179,435



9. New Orleans, Louisiana

Recession risk score: 64.7%

Median home value: $237,626

Population: 389,648



8. Riverside, California

Recession risk score: 66.1%

Median home value: $425,854

Population: 323,935



7. Chicago, Illinois

Recession risk score: 68.7%

Median home value: $246,933

Population: 2,718,555



6. Denver, Colorado

Recession risk score: 69.4%

Median home value: $457,580

Population: 693,417



5. Las Vegas, Nevada

Recession risk score: 73.9%

Median home value: $288,195

Population: 626,637



4. San Francisco, California

Recession risk score: 74.4%

Median home value: $1,436,145

Population: 870,044



3. San Diego, California

Recession risk score: 75.2%

Median home value: $669,939

Population: 1,401,932



2. Miami, Florida

Recession risk score: 76.8%

Median home value: $370,818

Population: 451,214



1. Los Angeles, California

Recession risk score: 77.6%

Median home value: $599,700

Population:3,959,657



For people who live on the road, self-isolating at home during the pandemic is impossible — now there's a spreadsheet to connect them with temporary places to stay

$
0
0

nate and megan kantor in front of their airstream van

  • COVID-19 and subsequent social distancing has forced people to stay home — but for some, home is on the road.
  • Megan Kantor and her husband are van-lifers, and they — along with many in the van-life community — found themselves stuck once campgrounds closed.
  • To connect van-lifers with places to stay, Kantor created a Google spreadsheet — and the response to help was overwhelming.
  • Hosts are former van-lifers, outdoors lovers, hikers, nature enthusiasts, and just generous, kind people in general, offering their driveways or extra rooms to those in need.
  • Visit Business Insider's homepage for more stories.

In February 2019, Megan Kantor and her husband packed their world into a vintage airstream van and hit the road for a life of adventure. With cameras at the ready, this husband-and-wife photography team made a living shooting elopements and weddings across the American west.

That is, until March 2020, when COVID-19 turned their world upside down.

"We were in the process of emailing one of our couples to let them know about Moab closing, and in that conversation I realized the mandate also applied to us," Kantor told Business Insider. "We were camping on BLM (Bureau of Land Management) land and realized they were closing down camping to anyone who wasn't a resident. It felt like we didn't have a home. We had to get out."

The Kantors found refuge with family in Colorado, but many van-life peers weren't as lucky. One pair of van-lifers tried to get up to their family's spare cabin in Canada, but they were turned away at the border. Those attempting to hunker down at RV parks and campgrounds faced closures left and right. 

Are these shut-downs necessary? Yes, Kantor said. With small rigs, most van-lifers can't stockpile groceries and supplies. They rely on community resources — and therefore local interactions — almost daily. That's a lot of close contact with a lot of different people which easily can lead to the spread of diseases, particularly with the highly contagious COVID-19 virus. Most van-lifers recognize that, but it doesn't make their situation any easier. 

"This is all changing so quickly; it's a confusing, hard time for people on the road," Kantor said. "People want to hunker down and stay put, but they don't know where to go."

SEE ALSO: I work at McDonald's and have a compromised immune system. The treatment of workers during the coronavirus pandemic makes my blood boil.

SEE ALSO: I was furloughed: 6 people who worked at restaurants, as substitute teachers, or tour guides share how they're getting by with no income

Finding temporary homes for van-lifers

While talking with panicked van-life friends, Kantor got an idea. What if people could share their open, unused spaces with those who need shelter?

"People are desperate to help other people, but we all have to isolate, so we don't know how," she said. That's how the Space for Road-Lifers Directory was born.

This grassroots, community-built directory on a simple Google spreadsheet connects van-lifers struggling to find shelter with people generous enough to offer up their land. Hosts can provide driveway space, side yards, lots, or spare rooms. Many share water access, electricity, bathrooms, showers, and WiFi with guests as well.

When she started the directory on March 20, Kantor expected a handful of kind souls would sign up. Four days later, it was up to 90 hosts and growing, with locations all over the US and Canada. She attributes the sign-up spike to the road-life Instagram community; popular accounts like Van Life Diaries and outdoor photographer Abbi Hearne (who's also helping Kantor manage the directory) have shared it with followers. 

"It's all volunteer based," Kantor said. "The hosts may ask for people to pitch in on yard work or helping with kids, and maybe contributing a bit to pay for bills like water and electric, but that's it."



Expanding to hikers

And it's not just for van-lifers: Many through-hikers preparing for journeys like the 2,650-mile Pacific Crest Trail (the trek that Cheryl Strayed made famous) found themselves stranded during the outbreak too. The Pacific Crest Trail Association is asking hikers to cancel or postpone all treks to keep themselves and local communities along the trail safe. The Kantors, who spent three months hiking the PCT in 2016, know the widespread stress this is causing.

"When we hiked [the PCT], we moved out of our apartment, sold everything we owned, and quit our jobs," she said. "If we were in that position now and we were being told not to hike, we'd have nowhere to go. It's cool because this shelter resource isn't just for driveways. I've seen people post offering vacant Airbnbs and spare rooms for hikers, too."



Becoming a host

Kantor launched the Space for Road-Lifers Directory in a flurry — that's why the application process is ultra simple. Those with free space fill out a Google form with their contact information, location, space, utilities, and pet-friendliness. Once reviewed, their information is populated in the public Google spreadsheet. Those seeking shelter reach out to the hosts and take the conversations from there. 

So who are these gracious hosts? According to Kantor, some are former van-lifers. Some are outdoors lovers, hikers, and nature enthusiasts. And others are just generous, kind people.

One host, Aileen Gardner, is welcoming multiple van-lifers to park at her home in Bend, Oregon. Gardner is not just sympathetic to the van-life community, she's part of it. She and her husband lived out of a Sprinter van for years, and they're excited to trade travel stories with their "new neighbors" over morning coffee and late-night bonfires — while social distancing, of course.

"I feel a sense of responsibility to take care of our community," Gardner told Business Insider. "We feel for people who are being told to go home when public lands and campgrounds are home to most road-lifers. If we were ever in a situation like this, I know someone would show us the same kindness."

Gardner's first guests, Alyssa Bean and her husband Dan, live full time in a renovated school bus named Lucky. These two quit their jobs to travel across the US, and were doing just fine until the campgrounds and public lands shut their doors.

"Being from Massachusetts, we were a long way from family, so we found Megan's document in our nomad community and immediately emailed Aileen," Bean said. "It's a huge wave of relief knowing we have a place to anchor in uncertain times. The generosity is overwhelming."

Boulder photographer Jess Drawhorn and her husband moved from their first newly-wed apartment into new digs right before the pandemic hit. Drawhorn couldn't let the empty apartment just sit there. She signed up as a host and offered her room to a road-life couple and their two dogs. In these trying times, even the simple act of handing over apartment keys — which she did by setting them six feet away on the sidewalk — sent Drawhorn on an emotional rollercoaster.

"This apartment meant so much to us, and it felt like our civic duty to share resources right now," she said. "We chatted a bit about the area, I asked them to water my plants, and told them where they could take their dogs. They thanked me again and again, and we all kind of wanted to cry. The strangeness of the situation is dizzying."



28 Texas spring breakers who just returned from Cabo have tested positive for the coronavirus

$
0
0

spring breakers.JPG

The spring break coronavirus saga continues.

Texas officials in Austin and Travis County have confirmed that 28 young spring breakers returning to the area from Cabo San Lucas, Mexico, have tested positive for the coronavirus, reported Tony Plohetski of local station KVUE-TV in a string of Tweets.

 

"According to officials, about 70 people in their 20s got on a chartered plane for a spring break trip about a week and a half ago," he wrote in a follow-up tweet. "Although they were not under a travel advisory at the time, people are still asked to limit travel to essential needs."

Officials said that four of the 28 cases were asymptomatic and all confirmed patients are self-isolating, he added.

The news comes a week after six students at the University of Tampa tested positive for the coronavirus, according to Insider's Connor Perrett.

Spring break has become a big problem during the coronavirus pandemic

Spring breakers, who are Gen Z, have been criticized for ignoring warnings amid the coronavirus pandemic. They've been seen crowding beaches in both Florida and Texas and partying it up on booze cruises in The Bahamas, regardless of social distancing rules. The Cabo trip is just the latest spring break bonanza.

Jawontae Rodgers, a 21-year-old who spring breaked in Panama City Beach, told Valerie Crowder of local outlet WFSU he didn't think the virus was a "big deal."

"I'm not saying I can't die from it," he said. "I just don't want to stop living my life because you only have one. YOLO: You only live once." 

Josie Asleson, a 20-year-old college sophomore who was in South Padre, Texas, for spring break in mid-March previously told Business Insider, "I just don't want to get anyone sick because we've all been doing everything we shouldn't."

But spring breakers aren't the only ones receiving backlash. States, too, have been in the hot seat for not enforcing enough measures to keep the problem at bay. The governors of both Florida and Texas haven't issued a statewide shutdown of public beaches, instead leaving the decision in the hands of local governments.

Young people aren't at high risk for the virus but can asymptomatically carry it, unknowingly infecting others. As the Cabo case shows, spring breakers not only run the risk of infecting those in their choice vacation spot, but of infecting themselves, bringing it back to where they traveled from, and infecting those who live there.

Spring break is just contributing to the spread of the coronavirus.

SEE ALSO: 'We're not worried about it:' Photos show the coronavirus pandemic isn't stopping spring breakers from crowding beaches and partying on booze cruises

DON'T MISS: 'The party is over': Officials in Miami, the unofficial spring break capital of the US, are kicking partiers off beaches and implementing 11 p.m. curfews to curb the coronavirus spread

Join the conversation about this story »

NOW WATCH: What's inside the Mariana Trench

A famous actress, a legendary playwright, and a game-changing chef — here are the celebrities and notable figures around the world who are believed to have died of the novel coronavirus so far

$
0
0

Playwright Terrence McNally

  • The spread of the novel coronavirus has led to more than 41,000 deaths around the world, including some celebrities and well-known people.
  • Prominent figures like American playwright Terrence McNally, actor Mark Blum, and Italian actress Lucia Bosè are believed to have died from illnesses related to the virus.
  • Here are all the celebrities and notable people around the world that are believed to have died of illnesses related to the novel coronavirus so far.
  • Visit Business Insider's homepage for more stories.

This is a developing story, check back for updates.

Li Wenliang, a Chinese doctor that tried to warn medics of the novel coronavirus and contracted it while treating patients in Wuhan, China, died of the virus on February 7.

Source: BBC News



William Helmreich, a scholar that walked every block of New York City and wrote a book about it, died of health concerns related to the coronavirus at 74.

Source: The New York Times



Zororo Makamba, a Zimbabwean television host, died of health complications related to the coronavirus at 30 with a pre-existing condition. He was recovering from a surgery he had last November to remove a tumor from beneath his lung.

Instagram Embed:
//instagram.com/p/B-H8VEtgw22/embed
Width: 540px

Source: BBC News



Dr. James T. Goodrich, a neurosurgeon who separated conjoined twins died of health complications related to the coronavirus at 73.

Source: CNN



Andreas Koutsoudakis, the chef who ran Tribeca's Kitchen in New York, died of health complications related to the coronavirus at 59.

Instagram Embed:
//instagram.com/p/B-XokRPgoUy/embed
Width: 540px

Source: NY Eater

 



Joe Diffie, a country musician, died from health complications related to the coronavirus at 61.

Source: CNN



Alan Merrill, a musician who co-wrote "I Love Rock 'N' Roll" with Joan Jett & the Blackhearts, died from health complications related to the coronavirus at 69.

Source: Vulture



Michael Sorkin, an NYC-based architect and author that prioritized sustainability, died of health complications related to the coronavirus at 71.

Source: The New York Times



Maria Mercader, an executive producer at CBS News, died from health complications related to the coronavirus at 54.

Instagram Embed:
//instagram.com/p/B-U8NZpAUVX/embed
Width: 540px

 

Source: CBS News/Twitter



Manu Dibango, the jazz musician behind "Soul Makossa," a track that has been sampled by Michael Jackson and Kanye West, died of health complications related to the coronavirus at 86.

Source: Rolling Stone



Actor Mark Blum, 69, who recently starred in the TV show "You," died on March 26 from health complications related to the coronavirus.

Source: AV Club



Terrence McNally, a Tony Award-winning American playwright, died on March 24 of health complications related to the coronavirus. McNally was a lung cancer survivor living with chronic obstructive pulmonary disease.

Source: NPR



Nashom Wooden, known by the drag community as Mona Foot, died at 50 on March 23 of an illness that was believed to be the novel coronavirus, although it was not confirmed. While Wooden lived with HIV for several years, it had dropped to undetectable levels before he died.

Source: The New York Times



Lucia Bosè, an Italian actress, died at 89 of pneumonia on March 23, and a Spanish news outlet called 5TeleCinco reported that she was infected with COVID-19.

Source: Billboard, Yahoo, 5TeleCinco, El País



Chef Floyd Cardoz, 59, of Tabla and Bombay Bread Bar died of health complications related to the novel coronavirus on March 25. Eater NY described him as a "force in New York's restaurant community."

Source: Eater, Scroll.In




I managed a $2 billion business in a long career on Wall Street before launching my own venture. Here are my 5 most important tips on how to navigate your business through a crisis.

$
0
0

Cate Luzio

  • Cate Luzio is the founder and CEO of Luminary, a NYC-based collaboration hub for helping women's professional development and advancement through community.
  • She is a former bank executive with stints at HSBC and J.P. Morgan and was named to American Banker's Most Powerful Women in Banking list numerous times.
  • Luzio cautions business owners against making rash decisions like dipping into 401(k)s.
  • Click here for more BI Prime stories.

Tough times don't last forever, and tough people are resilient. Small businesses are signifcantly impacted by COVID-19, and it's important for business owners and entrepreneurs to know that they aren't in this alone.

You should lean on external resources, networks, coaches and mentors, and you can't be afraid to ask for help.

I'm an entrepreneur and former bank executive: I was an executive vice president at HSBC, where I managed $2 billion in revenue, and a managing director at J.P. Morgan. I enjoy leveraging my corporate experience and business insights to help other small businesses plan, pivot, and grow, so here are my 5 most important tips on how to navigate your business through a crisis.

1. Check out all options when looking for cash

Many small businesses will have a cash flow issue especially those in consumer products, hospitality,travel and other industries. It's important to create new revenue streams related to your business including virtual offerings, gift cards and crowdfunding. With the newly approved CARES (Coronavirus, Aid, Relief and Economic Security) ACT, you need to understand which part of the package might apply to you as a business owner including Economic Injury Disaster Loans (EIDL), Paycheck Protection Program (PPP), and more. Make sure to check with the SBA as you move forward.

It's important to consider all your options and determine alternative funding sources that might give you a cushion. Some resources to consider include options like grants, loans as well as crowdfunding through SBS Small Business Relief Loans, Give2SF in San Francisco, Neighborhood Small Business Relief in Seattle (through Amazon), Facebook Small Business Grants, and iFundWomen VISA grants. During a national crisis, brands and foundations often commit to financial relief efforts - it's important to track these and follow-up on the eligibility and application windows to put your business in for consideration. 

Elizabeth Gore, co-founder of Alice, a national community and platform for small businesses, says, "Since day one, our mission at Alice has been to champion, support, and guide small businesses through good times and bad." In light of the COVID-19 crisis Alice has a assembled a resource center for small businesses and entrepreneurs to help them navigate these uncertain times including those looking for financial tools.

2. Overcommunicate to your clients, colleagues, and community

It's important to communicate with your team and key stakeholders when times are tough. An honest, transparent and strategic communications approach is important to leading in a time of uncertainly for your customers and your staff. You must answer this question: How are you being there for your community? 

Stay in touch with your customers. Now is not the time to be silent. You can think creatively about your business and how to support e.g. discounts, delayed payments, and new tiers of services and products. This is a great opportunity to innovate — ask for feedback and engage your staff in creative problem solving. 

Dr. Sheila Brooks, Ph.D., Founder and CEO of SRB Communications, a full-service boutique advertising, marketing and public relations agency, has advice for leaders managing communication through a crisis. "Sit down with your employees and hold a staff meeting. Share with them what's happening overall and the potential impacts. Be open in talking about liquidity, where the company is at, staffing issues and more. As far as your customers, you must continue to provide clients with ongoing quality service, exceed expectations and let your clients know that you're invaluable."

3. Get comfortable with being online, and fast

Strengthening your online presence is key to monetizing opportunities during hard times. Leverage virtual options for new types of customer and brand engagement. It's easier than you think to quickly transition from offline to online with easy-to-use tools like Zoom. 

You should also lean into your networks virtually to amplify your reach and help one another. If virtual and social engagement isn't your strength, then it's okay to partner and collaborate with brands and other communities (yes, even your "competitors") to help more businesses and individuals. 

4. Know your numbers and manage your expenses

In order to manage something you need to be diligent in measuring it. You should know what's coming in and going out and from there determing your cash flow and funding needs.

  • Make lists because they will keep you organized especially as most of your life and business seems disorganized and disrupted. 
  • Take an inventory of your contracts and terms and get ready to renegotiate e.g. rent, vendor payments, business and personal credit cards.
  • Top Tip: Call your credit card provider and bank and ask for a payment holiday for at least 1-2 months which freezes your balance and gives you an extension to pay.

5. Don't panic and don't touch your 401(k)

Make a financial plan and speak to a financial advisor and understand your options. Have an emergency fund. Do you understand the full picture of your finances, both personally and professionally if you're a business owner? 

Don't panic and cause long term pain for a short-term gain by tapping into your retirement savings. Conserve your cash and manage your debt.

As a small business, if you have a loan or a credit line, use it. That's what it is there for. 

According to Kathleen Entwistle, SVP and Senior Portfolio Manager and Private Wealth Advisor at UBS, "you need to have a plan. If you don't have a plan, make one. This is a time to take inventory, review your personal income statement and your company's if you have one, and look at your options. There are resources out there to tap into so use them before making rash decisions."

SEE ALSO: Employees who trust their bosses have more energy, less stress, and fewer sick days. Here are 4 ways to establish trust with your workers, according to a senior vice president at Salesforce.

Join the conversation about this story »

NOW WATCH: Why bidets are better than buying countless rolls of toilet paper

The New York State unemployment office typically gets 50,000 calls a week. Last week, it got almost 8 million.

$
0
0

unemployment department of labor new york

  • The number of people calling about unemployment benefits in New York State has spiked to more than 150 times its usual number, according to the state's budget director.
  • "We usually get 50,000 calls a week," the director said in a press conference Tuesday. "We got 1.2 million calls yesterday and 7.8 million calls last week."
  • The number of people filing for unemployment benefits in the US hit a record high of 3.3 million for the week ending March 21.
  • Thousands of businesses across the country have had to close their doors and lay off workers because of the coronavirus pandemic.
  • Visit Business Insider's homepage for more stories.

A record 3.3 million Americans applied for unemployment benefits for the week ending March 21 — but that may only be the tip of the iceberg.

In New York state alone, the number of people calling to inquire about unemployment benefits has skyrocketed to more than 150 times its usual number, according to the state's budget director.

"We usually get 50,000 calls a week," New York State Budget Director Robert Mujica said in a press conference with Gov. Andrew Cuomo on Tuesday. "We got 1.2 million calls yesterday and 7.8 million calls last week."

The state has dedicated more than 700 people to answer unemployment-related phone calls, NBC New York reported.

As businesses have been forced to close and lay off workers because of the coronavirus outbreak, New York's unemployment website has been overwhelmed.

"The site is so deluged that it keeps crashing because you literally have hundreds of thousands of people at any time trying to get on the site and it continues to crash," Cuomo said at the press conference, adding that the state has hired technology companies to work on improving the website.

andrew cuomo javits

Several laid-off New York City restaurant workers told Business Insider last week that it was nearly impossible to get their application through on the unemployment website. Many said they had to make several attempts over several days.

The US economy has been devastated by the coronavirus pandemic, which has forced businesses across the country to close and, as evidenced by unemployment claim numbers, left millions without jobs. The Economic Policy Institute (EPI) estimated on March 17 that 3 million total jobs could be lost by the summer due to the pandemic, a number that now seems optimistic.

By March 21, the US economy had already contracted to a level not seen since the 2008 financial crisis, according to a new weekly economic index published by the New York Fed that's based on data points including unemployment claims, retail sales, an index of temporary and contract employment, steel production, fuel sales, and electricity consumption. 

Businesses can expect some relief in the shape of the new $2.2 trillion stimulus bill

As more and more people apply for unemployment benefits, the US Department of Labor has issued guidance that gives states more flexibility in granting those benefits to workers affected by the coronavirus pandemic. That includes allowing states to pay benefits for workers who are quarantined and cannot go to work or workers who leave a job due to a risk of exposure or to care for a family member.

The new $2.2 trillion stimulus package signed into law last week allows laid-off workers to claim an extra $600 per week in unemployment benefits for up to four months, on top of the amount given by the individual state. That's a significant boost from the average weekly unemployment-insurance check, which was $385 in January. The relief bill also made self-employed and contract workers — who typically do not qualify for these benefits — eligible for unemployment benefits for up to 39 weeks.

SEE ALSO: Everything you need to know if you've recently been laid off and are applying for unemployment benefits

DON'T MISS: What the new $2.2 trillion stimulus bill means for unemployment benefits

Join the conversation about this story »

NOW WATCH: 9 of the most exclusive Disney spots to visit, including the invite-only Cinderella Suite where Tom Cruise and Mariah Carey have stayed

The most iconic landmark in every state

$
0
0

grand canyon

Whether you're an American exploring your own backyard or a tourist flocking to the country's most famous sites, these iconic landmarks will have anyone humming the Star-Spangled Banner.

We've rounded up popular and easily recognizable tourist attractions, natural landmarks, and iconic buildings that are so much a part of their state's history that they practically define it.

From natural wonders like Yellowstone to man-made treasures like the Space Needle, the U.S. isn't called "America the Beautiful" for nothing.

Here is the most iconic landmark in every US state. 

SEE ALSO: The most breathtaking natural wonder in every state

ALABAMA: The 16th Street Baptist Church

The 16th Street Baptist Church was the first colored church in Birmingham. The city ordered the original building to be torn down, prompting Mr. Wallace Rayfield, the state's only black architect, to design a completely new church. 

The church served many purposes and was frequently referred to as "everybody's church."

In 1963, a bomb exploded at the church, killing four girls and injuring over 20 other members. Following the bombing, support and financial contributions from all over the world poured in to rebuild the church, which reopened in 1964. 

 



ALASKA: Denali National Park

Denali National Park includes 6 million acres of Alaska's wilderness and is home to various wildlife, breathtaking landscapes, and Denali, the highest mountain peak in North America, with an elevation of 20,237 feet.

 



ARIZONA: The Grand Canyon

The Grand Canyon is a whopping 277 river miles long, 18 miles wide, and a mile deep. It's also the 15th oldest national park in America, and a UNESCO World Heritage Site.

 



ARKANSAS: Little Rock Central High School

In 1957, nine African American students — known as the Little Rock Nine — were not allowed to attend Little Rock Central High School. President Dwight D. Eisenhower ordered the 101st Airborne Division to escort the students to school, making Little Rock the first public school to implement desegregation as brought on by the Brown v. Board of Education decision.

 



CALIFORNIA: The Golden Gate Bridge

The Golden Gate Bridge is considered one of the most impressive construction achievements of the 20th century. First opened in May of 1937, the suspension bridge spans the three-mile-long Golden Gate Strait that stretches between San Francisco Bay and the Pacific Ocean.

 



COLORADO: Mesa Verde National Park

One of the best-preserved archaeological sites in the US, Mesa Verde National Park offers a glimpse into how ancestral Puebloans lived in cave dwellings from 550 to 1300 AD. The park is home to over 4,700 archaeological sites and 600 cliff dwellings alone.



CONNECTICUT: Mystic Seaport

Mystic Seaport is the world's largest maritime museum. It boasts four national historic landmark vessels and has been in operation for over 85 years. There's even a 19th-century coastal village and a working shipyard.

 



DELAWARE: Statue of Caesar Rodney

The statue of Caesar Rodney stands in Wilmington, Delaware's Rodney Square. Rodney was an American lawyer, signer of the Declaration of Independence, and president of Delaware during the American Revolution. He is depicted riding a horse on the 1999 Delaware quarter.

 



FLORIDA: Disney World

Walt Disney built Disney World in Orlando to be the best theme park in the world. The park took two years and 9,000 people to build; it opened in 1971, and is now home to four parks within the general park, and two water parks.

 



GEORGIA: The Georgia Aquarium

With 10 million gallons of marine and fresh water, the Georgia Aquarium in Atlanta is the biggest aquarium in the western hemisphere. Visitors can see numerous animals (among the thousands that are at the aquarium), including huge stingrays in the underwater tunnel.

 



HAWAII: The USS Arizona Memorial

Meant to commemorate 1,102 of the 1,177 soldiers and marines killed in the attack on Pearl Harbour, the USS Arizona Memorial straddles the hull of the battleship that was sunk in the attack. The memorial is on Oahu island.

 



IDAHO: Craters of the Moon National Monument and Preserve

Located in Idaho's Snake River Plain, Craters of the Moon National Monument and Preserve is an other-worldly landscape that includes three lava fields and has the deepest known open rift crack in the world at 800 feet.

 



ILLINOIS: The Cloud Gate

Although it's best known by Chicagoans as the bean, the official name of the sculpture that sits in Chicago's Millennium Park is the Cloud Gate. The 110-ton sculpture was created by artist Anish Kapoor, and attracts tourists and locals alike.

 



INDIANA: The Indianapolis Motor Speedway

Located in Speedway, the Indianapolis Motor Speedway hosts both the Indie 500 and the Brickyard 400. It first opened in 1909, and today has the highest capacity of any other sports venue in the world — it can seat close to 260,000 people.

 



IOWA: The Field of Dreams

Built for the classic 1989 film "Field of Dreams," the Field of Dreams baseball field in Dubuque County was split between two different farms, so that the producers could successfully film sunset shots. The family-owned farms have since been consolidated and sold, but people can still visit and even bat on the field.

 



KANSAS: Dodge City

Established in 1856 as a stop along the Santa Fe Trail, Dodge City served as a safe haven for wagons traveling west, and also provided supplies to troops fighting Native Americans. Buffalo hunters and traders eventually took over the town — which still retains its wild west feel today — contributing to its lawlessness.

 



KENTUCKY: Churchill Downs

Churchill Downs in Louisville hosts the Kentucky Derby every year, which is the longest continually running sports event in America. The racetrack first opened in 1875 and it's been the place to enjoy a mint julep and an exciting race ever since.

 



LOUISIANA: The French Quarter

Dating back to 1718, New Orleans' French Quarter is the oldest neighborhood in the city, and its rich history is evident in its colorful shuttered buildings that feature balconies and plenty of flowers. The neighborhood also offers vibrant nightlife; it's the best place to celebrate Mardi Gras.

 



MAINE: The Portland Head Light

Sitting along the shores of Fort Williams Park on Cape Elizabeth, the Portland Head Light was first lit in January of 1791. A keeper's quarter was also built next to the lighthouse; today the keeper's quarter houses a museum and the lighthouse is owned by Cape Elizabeth.

 



MARYLAND: Fort McHenry

Baltimore's star-shaped Fort McHenry served as the inspiration for Francis Scott Key to write the "Star Spangled Banner." The fort successfully protected Baltimore Harbor during the attack of the British Navy in 1814 in Chesapeake Bay.

 



MASSACHUSETTS: Boston Common

Situated in the heart of downtown Boston, Boston Common is a public park that dates back to 1634, making it the oldest city park in the US. The Common is close to 50 acres in size and serves as a connection point for a number of parks that wind through Boston's neighborhoods.

 

 



MICHIGAN: The Henry Ford Museum

The Henry Ford Museum in Dearborn, is a 12-acre site that houses an incredible collection of Americana: antique machinery, automobiles, locomotives, and other pop culture artifacts.

 



MINNESOTA: The Mall of America

The Mall of America in Bloomington is often referred to as a "city within a city." It's home to over 400 stores and attracts between 35 to 40 million visitors per year.

 



MISSISSIPPI: Vicksburg National Military Park

The site of the American Civil War Battle of Vicksburg in 1863, Vicksburg National Military Park has plenty of monuments that help recreate the battle, which was crucial in weakening the Confederacy's war effort.

 



MISSOURI: The Gateway Arch

Stretching 630 feet into the air, the Gateway Arch is the tallest man-made monument in the US. The arch commemorates America's westward expansion. Take the tram to the top and experience unparalleled views of St. Louis and the Mississippi River.

 



MONTANA: The Little Bighorn Battlefield National Monument

The Little Bighorn Battlefield National Monument commemorates the 1876 Battle of the Little Bighorn, a deadly clash between the US Army and Sioux and Cheyenne Indians who were trying to preserve their way of life.

 



NEBRASKA: Chimney Rock

Chimney Rock— or Elk Penis according to Native Americans — is a geological formation and designated National Historic site that served as a landmark along the Oregon Trail, the California Trail, and the Mormon Trail during the mid-19th century.

 



NEVADA: Las Vegas

Sure, the Hoover Dam is cool, but what's more iconically Nevada than Sin City? Check out the 4.2-mile Las Vegas Strip, home to many of the largest hotels and casinos in the country. The Strip's most famous sites include the Luxor pyramid and sphinx, the Paris Hotel and Eiffel Tower, and the famous Bellagio fountains.

 



NEW HAMPSHIRE: Mount Washington Cog Railway

Mount Washington is the Northeast's highest peak, and famous for its volatile, erratic weather. Take the Mount Washington Cog Railway to the observatory at the top: it's a coal-fired, steam-powered locomotive that was built in 1869, and the second steepest railway track in the world.

 



NEW JERSEY: Atlantic City Boardwalk

Popularized by Monopoly, the gambling town of Atlantic City was built as a quaint seaside resort, and boasts the country's first boardwalk. The four-mile promenade was built in 1870 to keep sand out of hotel lobbies, and still features some of the city's best attractions, like the Entrance to the Stars, which has famous handprints from the likes of Frank Sinatra.

 



NEW MEXICO: The Carlsbad Caverns

The Carlsbad Caverns, with over 100 caves, is one of the world's largest collections of caves. Its Big Room is its largest natural limestone chamber, and, at almost 4,000 feet in length, it's the 28th largest in the world.

 



NEW YORK: The Empire State building

Located in the heart of midtown Manhattan, the iconic Empire State building features equally iconic views of New York City.

 



NORTH CAROLINA: The Biltmore

The Biltmore is one of America's most famous estates, and one of the best remaining examples of the Gilded Age. A veritable American castle, often likened to America's Versailles, it was built by George Washington Vanderbilt between 1889 and 1895, and is the US' largest privately-owned house, with 250 rooms (43 alone are bathrooms).

 



NORTH DAKOTA: Painted Canyon

Theodore Roosevelt, then not yet president, came to these badlands to hunt Bison, and it's said that they inspired him to launch the conservation movement. The Painted Canyon especially, inside Theodore Roosevelt National Park, is a stunning array of colorful desert and petrified wood and rock formations.

 



OHIO: Rock & Roll Hall of Fame Museum

From handwritten Jimi Hendrix lyrics to John Lennon's Sgt Pepper suit, and a pair of Ray Charles' sunglasses, the Rock & Roll Hall of Fame Museum pays tribute to rock and roll's most legendary artists and producers in the form of 150,000 square feet of memorabilia.

 



OKLAHOMA: Route 66

No road is more iconic, more quintessentially American than Route 66, also known as "Mother Road." Though it migrates West from Chicago through Missouri, Kansas, Oklahoma, Texas, New Mexico, and Arizona before reaching California, Oklahoma has a longer stretch of the historic highway than any other state, with around 400 miles.

 



OREGON: Crater Lake

Aptly named, Crater Lake was formed when the caldera of the Mount Mazama volcano collapsed. At 1,943 feet in depth, it is the deepest lake in America. Since it doesn't feed any rivers, fish were added later, and the water replaces itself thanks to rainfall and snow.

 



PENNSYLVANIA: The Liberty Bell

Nothing says America like freedom, and nothing says freedom like Philadelphia's Liberty Bell, which is said to have been rung during the public reading of the Declaration of Independence in 1776.

 



RHODE ISLAND: The Newport Mansions.

Back in the Gilded Age America's wealthiest families summered in Rhode Island, building themselves chateaux like the ones they saw in Europe, which are now known collectively as the Newport Mansions, and include the Vanderbilts' 70-room Breakers, the Marble House, and Rosecliff.

 



SOUTH CAROLINA: Fort Sumter

Fort Sumter, a sea fort located in Charleston, South Carolina, is the site of the historic Battle of Fort Sumter, which was the first clash between Confederate and Union soldiers in April 1861, ultimately triggering the American Civil War.

 



SOUTH DAKOTA: Mount Rushmore

Mount Rushmore is an American cultural icon, featuring the 60-foot faces of George Washington, Thomas Jefferson, Theodore Roosevelt, and Abraham Lincoln carved into granite.

 



TENNESSEE: Graceland

Arguably one of America's most famous musicians, and not called "The King" for nothing, pay your respects at Graceland, Elvis Presley's estate-turned-museum in Memphis.

 



TEXAS: The Alamo

Remember the Alamo? The San Antonio site plays a central part in American history as the site of a pivotal battle in the Texas Revolution in 1836, which launched folk heroes like Davy Crockett to fame.

 



UTAH: The Salt Lake Temple

Built by Brigham Young, founder of Salt Lake City and second president of the Mormon church, the Salt Lake Temple is the world's largest Mormon temple.

 



VERMONT: Ben and Jerry's factory

Despite being one of the country's smallest states, it's home to an ice cream giant. Take a 30-minute tour of the Ben and Jerry's factory, and grab some samples.

 



VIRGINIA: The Arlington Cemetery

Virginia is a hotbed of history (there's Colonial Williamsburg, George Washington's Mount Vernon, and Thomas Jefferson's Monticello), but the Arlington National Cemetery attracts around three million visitors a year. There are over 14,00 graves spread out over 600 acres (including John F. Kennedy's), and the cemetery conducts almost 30 funeral services every weekday.

 



WASHINGTON: The Space Needle

Take in Seattle's skyline from the Space Needle's 520-foot high observation deck, or its revolving restaurant. The 605-foot tall tower was built for the 1962 World's Fair.

 



WASHINGTON, DC: The White House

Snap a selfie in front of the White House, arguably one of the most recognizable buildings on the planet.

 



WEST VIRGINIA: New River Gorge Bridge

Completed in 1977, the 3,030-foot New River Gorge Bridge was the world's longest single-span steel arch bridge for years (it is now 4th longest). It's also one of the most photographed places in West Virginia, and represents the state on the 2006 commemorative quarter. It also hosts Bridge Day, when it's open to pedestrians, abseilers, BASE jumpers and bungee jumpers for a day.

 



WISCONSIN: Taliesin

Visit Taliesin, the home of Frank Lloyd Wright, one of the most famous American architects, and pioneer of what he called "organic architecture," in which buildings were designed to harmonize with their environment.

 



WYOMING: Yellowstone National Park

Yellowstone National Park, America's first national park, attracts over three million visitors annually with its 3,500 square miles of wilderness, geothermal phenomena, and wildlife. Most of the park sits on top of a slumbering volcano, and it boasts more geysers and hot springs — including the famous Old Faithful — than any other place in the world. Don't miss checking out the incredible Morning Glory Pool.

 



Here are the exact steps hotel owners can take to open their vacant hotel rooms to medical workers and patients during the coronavirus outbreak

$
0
0

Coronavirus hotel room cleaning

Cloudbeds, a global property management company that works with over 20,000 properties in 157 countries, launched a campaign called #HospitalityHelps on March 23 to connect lodging providers with empty beds to healthcare and government agencies in need of housing for patients and first responders.

Source:Hospitality Helps; Cloudbeds



To offer up available rooms, hotel and lodging owners can navigate to hospitalityhelps.org and click on the green "I Have Beds" button at the top of the screen.

According to Cloudbeds, providers can expect to house healthcare workers, people affected by COVID-19, people not affect by COVID-19 but who require in-patient care, as well as family members of patients.

Source:Hospitality Helps



After clicking on the "I Have Beds" button, a form pops up asking lodging providers for information including preferred contact method (email, text, or either) and property type.

Source:Hospitality Helps



The property type dropdown options range from hotels to vacation rentals and RV parks. While cities and agencies are currently prioritizing accommodations with 100 or more rooms, Cloudbeds is accepting all property types in anticipation of future need.

Source:Hospitality Helps



The bottom half of the form asks for total rooms and total beds available. It includes a space for comments and a note stating that by submitting the form, lodging owners are not committing to participation in the program.

Source:Hospitality Helps



Once submitted, the form redirects to this confirmation message.

Source:Hospitality Helps



Cloudbeds will also send a message to your contact method of choice saying that it will be in touch if a healthcare or government agency in your area has expressed a need for beds. The email includes a note that discussions regarding payments, discounts, and contracts are up to the properties and agencies.

Source:Hospitality Helps



The American Hotel and Lodging Association launched a similar campaign on March 24 called Hospitality for Hope to connect US hotel properties with healthcare and government agencies.

Source:Hospitality for Hope



US hotel owners and general managers interested in volunteering their rooms can navigate to ahla.com/ahlas-hospitality-hope-initiative, click on the red "Click Here" button under "Hotel Involvement," and fill out this Google Form.

Source:Hospitality for Hope



The form asks for both an email and phone number as well as number of rooms and leaves a space for comments.

Source:Hospitality for Hope



The submitted form will redirect to this confirmation page.

Source:Hospitality for Hope



How Sheryl Sandberg is dealing with the coronavirus pandemic at home, in her community, and as the leader of Facebook

$
0
0

sheryl sandberg facebook

    • Sheryl Sandberg, her fiance Tom Bernthal and their five children ("the Bernbergs") are quarantining at home.
    • She and Facebook are rolling up their sleeves to help communities fight the pandemic. Sandberg has raised $8 million for her local foodbank and Facebook has offered hundreds of millions to media organizations and small businesses impacted by coronavirus.
    • Sandberg says Facebook learned a number of lessons from its botched handling of misinformation during the 2016 elections. The platform is using those learnings to help it fight pandemic misinformation now -- including misinformation spread by President Trump.
    • Sandberg joined Facebook just ahead of the last recession, in March 2008, when Facebook was still a venture-backed startup. Her advice to startups and the venture community now: Get back to the basics of your business and double down on your core offering.
    • Her advice for dual working parents who are also serving as full-time caretakers right now: Men need to step up: "Lean in at home, gentlemen!"
    • Visit Business Insider's homepage for more stories.

"Sorry, let me shut the door. There's a very loud noise."

Sheryl Sandberg is working from home, just like millions of people around the world. Facebook's chief operating officer stood up midway through our interview on Monday afternoon, pushed out the chair in her all-white home office, and vanished from the BlueJeans chat screen. Moments later, the roar of a nearby vacuum did too.

Facebook's nearly 45,000 employees have been working remotely since March 17, when Sandberg and Mark Zuckerberg decided to close their offices globally because of the coronavirus outbreak.

According to Zuckerberg, the company is "just trying to keep the lights on" as usage of the social platform and its messaging apps explode.

On the business side, the company, while flush with cash, is exposed. Sandberg says she isn't sure yet to what extent, but 140 million small businesses use Facebook, and its newsfeed is populated by media organizations hit with layoffs and shutdowns amid decreased advertising rates.

Sandberg joined Facebook in March 2008, just months before the last economic downturn. Then, Facebook was a venture-backed startup.

"We were worried," Sandberg said. "That was a period where we took a very hard look at our ad products and redid them.

"I think for a lot of companies now this is very much a back-to-business moment of, what is your core business, and what is the core service you're providing?"

Facebook weathered 2008 and came out on top. Now Sandberg is making it her personal mission and the company's mission to help others survive too.

For Facebook, doing good is also good for its business. Trust in Facebook was destroyed after the 2016 election, when bad actors pushed piles of misinformation to its 2.9 billion global users.

Today Facebook is using its piles of cash and lessons learned to right some of those wrongs. It's giving $100 million in cash and Facebook credits to 30,000 small businesses. It has pledged $100 million more to help media organizations during this downturn. And Sandberg is personally organizing multimillion-dollar donations to local food banks.

"Some of the things we got wrong and some of the mistakes we made are really part of what's helping us be set up and able to respond now," Sandberg says.

"We want to be the place that people distribute information. Everyone in this crisis has a responsibility to do what they can do. We are really actively trying to get the right information to the right people."

In a wide-ranging interview, Sandberg talked about:

  • What Facebook learned from 2016 that it is applying to misinformation management during the pandemic.
  • What Facebook will do about President Trump as the source of some of that pandemic misinformation.
  • How Sandberg's household, (the "Bernbergs") are quarantining, and how she talked to her children about coronavirus.
  • How Facebook's leadership team is making decisions during the crisis.
  • Her advice for getting through adversity, and for dual-working parents who are also caretakers ("Lean in at home, gentlemen!").

This interview has been lightly edited for clarity.

How Sandberg explained the coronavirus to her children, and how they're quarantining

sheryl sandberg tom bernthal 1Alyson Shontell: How is the Sandberg household doing? How are you, your fiancé, and five kids doing? What's it like there?

Sheryl Sandberg: We call ourselves the Bernbergs, so Bernthal [fiancé Tom's last name], Goldberg [the kids' last names], and Sandberg. So, the Bernbergs.

Look, we're lucky. No one's sick, and that is huge, and I'm grateful for that every single day.

There is someone in Tom's family who's very ill and we're quite worried about, and I have a lot of really close friends and their parents who are coming down with this. We're both obviously very concerned about that, but also I really feel lucky that in our immediate group that's quarantining here we're not sick.

We sheltered at home early and fast, right when our schools closed. All five kids, me and Tom, we were inside. The kids' friends were still having play dates and doing things, and we stopped pretty early. We told our kids that we thought everyone was going to catch up pretty fast, and they did. I would say in that early period, it was really hard for our kids to understand why their friends were all at sleepovers and they weren't allowed.

Shontell: That's a struggle a lot of parents have. How do you explain this to your children? You've got kids at all different ages. How do you explain "I'm sorry, you can't go to your friend's house right now — there's this pandemic happening" without scaring them?

Sandberg: I think you explain it a couple of ways. One, you explain it that we're protecting us from being sick. When they say, "But we're kids, we can't get sick," you explain that the more people are home and shelter at home, the more you're protecting health workers.

We have a lot of doctors in our family. Both of my siblings are doctors, and my brother's wife is, too. One of Tom's two brothers is a doctor. We are able to say, "Look, we're protecting Aunt Michelle and Uncle David and Uncle Nick and Aunt Amy, because the more other people stay home, the more we protect the people who need to go out there."

We don't want to scare our kids. We tell them, "You're not going to get sick, and we're young. If we get it, we're going to be OK, but a lot of other people aren't, and we have a responsibility to stop the spread of this disease. That means you eliminate any contact you can eliminate."

How Facebook leadership decided to act on the coronavirus

Mark Zuckerberg Sheryl SandbergShontell: Facebook has been moving faster than other organizations, and certainly faster than the government. When did you first realize the coronavirus was a big deal, that this was something Facebook leadership needed to act on swiftly and be decisive about?

Sandberg: I do think we've moved very decisively, quickly, and early. We went to very actively recommending people go home very, very quickly, early. Then we went to really shutting down global offices very aggressively. We want to protect our employees. We really do. We always try to be ahead for our employees. We really wanted to protect them.

I also think Mark, because of the Chan Zuckerberg Initiative, is just very plugged in.

We're a very global company, so something that happens in China affects us immediately, right? We don't have as many users in China because we're blocked, but we are used by 2.9 billion people around the world.

Some of the things we got wrong and some of the mistakes we made are really part of what's helping us be set up and able to respond now.

Years ago, we didn't have a policy and a process for taking down harmful misinformation. Now we do. When COVID-19 happened, very early on we were working with the World Health Organization. They were really worried about the spread of harmful misinformation on COVID-19. Right away, we were able to say, "OK, we're going to take it down, and we have the partnership with you to do it."

Some of the processes we've set up after some of the things that went wrong in the last few years are really helping us now, I think.

Lessons learned from the botched handling of the 2016 election, and how to fight misinformation from President Trump

sheryl sandberg senate intelligence committee 2016 electionShontell: There was a lot of criticism after the 2016 elections for misinformation. You've said that there are lessons learned. So what are some of the lessons from that period that you're applying to the rigorous monitoring of misinformation during COVID-19, and how might you apply that more broadly moving forward?

Sandberg: Our policy on misinformation is, we mark it as false. We dramatically reduce its distribution. We provide the other side of the story in related articles. In the case where it's going to lead to imminent harm, we take it down. That was something we didn't do years ago, but one thing we learned is it's very hard to define "imminent harm." If you look at something like Myanmar, we didn't have voices on the ground. We didn't know what imminent harm was, and a post that would look pretty benign outside, if you understood the situation on the ground, absolutely was much more harmful.

We learned that for this. Right away, we knew we can't be making these decisions. Right away we went to the WHO and said to them, "You tell us. Whatever you think is imminent harm comes down." We're relying on third-party experts.

The other thing we realized is that our responsibility is to keep people safe through this, so that's two things. That's getting down harmful misinfo, but it's also proactively getting the right messages to the right people. WHO, CDC — we're putting a lot of messages at the top of the newsfeed.

When the UK government wanted everyone to start sheltering at home, they came to us and we put a message at the top of the newsfeed. The WHO wants people to wash their hands. I did a video. We started lots of videos.

We went out to a lot of the big people with big followings on Instagram, on Facebook, and we said, "Will you be a Facebook ambassador for the WHO and start posting their messages?" Everyone said yes. Steph Curry's doing it. Everyone's doing it. Ariana Grande, I think, is doing it.

We want to be the place that people distribute information. Everyone in this crisis has a responsibility to do what they can do. We are really actively trying to get the right information to the right people.

Shontell: What are you going to do with Trump? He's said a lot of things that aren't scientifically grounded, such as calling coronavirus a hoax. What do you do when some of the misinformation is coming from the leader of our country?

Sandberg: One of the things we learned the hard way is we shouldn't make judgments on truth. We are not global health experts. The WHO is, so we are relying on the WHO to tell us what information they believe will lead to imminent harm and that information comes down, and it comes down if anyone in the world says it.

Our process is very clear. No matter who says something, if the WHO thinks it's going to cause imminent harm, we're going to take it down. If they don't, if they think it's part of the conversation, it stays up, and we let the dialog happen, and we make sure.

Why it's the responsibility of business leaders and billionaires to help people through the pandemic, and dealing with the inequality of it all

sheryl sandberg tom bernthalShontell: I want to dig into some of what Facebook and what you are doing personally around this. The Edelman Trust Barometer came out in January, and it found that trust in media is really low, trust in the government's really low, but trust in business leaders is highest. People feel like business leaders can solve some of society's biggest problems, more so than the other two entities.

I wonder what you feel like your personal responsibility is, as a leader of a major corporation and as someone who's financially privileged. Should that responsibility even fall on people like you, or is it a government failing? How do you think about that pressure?

Sandberg: I think everyone has responsibility. Individuals, business leaders, leaders at any organization, individual people, businesses, and the government, and we all have to do our part. I feel tremendous responsibility. I've been one of the main fundraisers for the local food bank here for a very long time. I'm also one of the largest donors to the California food banks, and so food is something I really care about.

Food security is already a problem in this country. One in eight children in America don't know where their next meal will come from. One in three children in the Bay Area — before this. I really want to emphasize that: before this. It looks like unemployment is potentially going to be as high as I've heard 30%, which is Great Depression-era levels.

Two weeks ago, on a Thursday night, I talked to the head of Second Harvest [a Bay Area food bank]. They said, "We need an emergency fund." We launched it the next day. [Sandberg and her fiancé put in the first $1 million.] I reached out to our other big donors, and we've raised almost $8 million. I think anyone who has the ability to help, the means to help, needs to jump in, and we need to do more than we've ever done before. I am doing more than I've ever done before. Every morning I have to ask myself, how much more can I do? Am I doing enough?

Shontell: How do you get $8 million raised in three days?

Sandberg: You do two things. You go to the largest donor, so I went personally to all the large donors. We all have been a group. We've done this. Our CTO, Reid Hoffman [a LinkedIn founder], John Donahoe [Nike CEO], Scott Cook [Intuit co-founder], we've been doing this together. I went to all of them and said, "Here's what I'm going to do. Will you do it also?" They all said yes, so that was the biggest chunk of the money. Then we went to the public. I did a Facebook fundraiser. It's by far the largest I've ever done. It closed at close to $300,000, and I matched that.

If you want to raise money, you've got to go to the people who can really make big donations very quickly, but you also want to get everyone involved so you have a sustained base.

Also, the other thing I think that happened with my Facebook fundraiser is I was pretty explicit: "Either donate to mine, or donate to your local food bank, or donate to feeding America." I talked to Steph Curry. He's a big donor. He's a big donor to the Oakland Food Bank, and then he did a Facebook fundraiser for Feeding America.

It's starting the wheels turning. It's one of the reasons you do it publicly is so people remember. I think we're all obviously so focused on health, but basic needs are critically important now. Twenty-two million children rely on free lunch. Schools are closed.

Shontell: If you think about it, social distancing is a privilege. You have to have a house to live in, and you have to have the space to be able to do it. There's a lot of inequality that's coming in through all of this. Is this something that we're just going to have to deal with? Is this what America is now, that if you have means, you can get a test and you can do things like social distancing, and if you don't ... or can we level the playing field somehow?

Sandberg: Inequality is very real, and it's been very real for a really long time. There are huge differences in access to healthcare. There are huge differences in access to education. There are huge differences in access to food. Any time systems get put under pressure, there's a crisis. Those differences get massively exacerbated.

I'm watching my kids try to learn at home. What if you don't have internet access?

We have a program through my foundation called Goldie Scholars. One of the first thing my foundation did is we gave our kids extra money. They needed money to get home. They needed money for food. The schools were shutting on them. We went on and said, "We're going to pay for enhanced data plans so you can get data on your phone," because a lot of our kids, our scholars, were going home where they didn't have internet access at home.

Obviously these inequalities are massively exacerbated, and so, look. We had to work on them before, and we have to work on them even more. That's why every large donor to Second Harvest, when I talked to them, I literally ask for people to more than double what they do annually. Literally every call I made, every single person said yes immediately. It wasn't even, like, "I'll get back to you." It was, like, "Yes, we're in."

Vinod Khosla [a venture capitalist] just joined. Everyone was in immediately. That's what the stakes are.

Shontell: Talk about Facebook's initiatives too. You're giving $100 million to media companies and $100 million to small business, on top of what you've already previously pledged.

Sandberg: We're donating and focusing on the organizational touchpoints we have. 140 million small businesses use Facebook around the world. We are in constant touch with them and we knew what was happening, and they were like, "Oh, my God, I can't pay my bills," and so we realized what they need is cash. Then a lot of them were asking for ad credits too, as they transition their business online or let customers know they're still working, so that's what we did. They want cash and ad credits. We went out with $100 million in majority cash and some ad credits.

With news organizations, we're very closely tied to them and affiliated with them, so we know that's what they need.

Shontell: How exposed is Facebook's own business here, being tied to media and small businesses, which need help? As we head into a recession, this is already taking a hit on Facebook's business. What are you anticipating?

Sandberg: This is going to have a real impact. We've been very clear on that, and we're in the advertising industry. On the other hand, we can pay our employees, and we're paying everyone. We are paying every employee, every contractor, whether they can work from home and whether they can't. I think you saw some of the things we did for our employees [like pay out their full performance-based bonuses with more on top].

While of course this is going to impact our business, we are just focused on how lucky we are and then what we can do to give back, which is what we're doing.

How Facebook survived the last recession as a startup, and Sandberg's advice to startups now

ZuckerbergShontell: Facebook was a venture-backed startup during the last recession. You joined in March 2008, months before the financial industry imploded.

Startups are facing a really hard time right now. The venture community is facing a really hard time. Sequoia called the coronavirus a "black-swan event." As someone who came out the other end of the last recession with a much stronger company, and an even stronger career, what's your advice to the startup community now? What lessons did you learn from the last time that could help other smaller businesses?

Sandberg: You want to build a sustainable business. 2008 did happen. I joined in March, so it was right in the fall. We had a very small business, but we were worried.

That was the period where we took a very hard look at our ad products and redid them. We really changed the pricing. We changed the ad products. For a lot of companies, this is very much back to business of, what is your core business and what is the core service you're providing? If you are in that startup phase, that's what we did in 2008.

We're in a different phase now. Now we are a large established business. We have the ability to help, and now we are both really focused on keeping our services up and running, but also doing as much good as we can do. Partnering with WHO, partnering with CDC, working with governments around the world, giving out funds.

For every small business out there, hopefully the next recession is 12 years away [after this] and hopefully, if you do this well, you're going to be in a position to give back.

Shontell: It sounds like you reexamined your business and made some major changes that would then catapult you out of the recession eventually.

Sandberg: Yes.

What dual working parents should do when they're being asked to work two full-time jobs at once, and how to get through high-anxiety times

s sandbergShontell: My final question: A lot of caregivers are getting crushed right now with schools and daycares being closed. If they manage to keep their day jobs, they are expected to then do two demanding full-time jobs at once. They are taking care of their parents or kids, and they're trying to do their job for Facebook, their job for Business Insider, their job for wherever.

What advice do you have for people, especially a lot of women, who are having to take the bulk of this extra work on as the traditional homemakers? A lot of this extra caretaking work falls on them.

Sandberg: The first piece of advice I have is, if you are in a couple with a man and a woman, really this is a chance for men to lean in at home. Childcare and housework is very uneven among the sexes to this day, even for couples where both people work full-time, and those numbers are probably getting exacerbated right now.

The only way to get through this is to share the load of caretaking, and that is super important. Women do the great majority of childcare. Women do the great majority of taking care of elderly parents, including their in-laws. Women do the majority of taking care of their husbands' parents. If you are in a couple, this is a hard time, but this is a good time for really reaching for a little equality.

Lean in at home, gentlemen.

I think we also have to keep hope. These are complicated and anxiety-provoking days, but we can and will get through this. We can and will get through this, if we all do everything we can to help.

Shontell: As someone who's gone through their share of ups and downs, there are a lot of people struggling to take care of themselves right now. Do you have any words of advice for that?

Sandberg: One step in front of each other. We don't know what's going to happen here. Get through today. Do the very best you can to help someone. My kids wanted to know what they could do. I said, "Every single day, why don't you FaceTime two people we know that are home alone?" They've been calling their grandparents very regularly. They've been calling other adults in their life. Give everyone something they can do to help someone else.

Join the conversation about this story »

NOW WATCH: 8 weird robots NASA wants to send to space

I'm a pet sitter whose business has been decimated by COVID-19 — here's what I'm doing to protect myself and stay afloat financially

$
0
0

sarah bence puppy dog bet sitter

  • Sarah Bence is a pet sitter, travel writer, and freelancer based in Michigan, and one of the many gig and hourly dependent workers whose livelihoods are being upended by the coronavirus.
  • She had recently accepted a 71-day long cat-sitting gig, but it was cut short due to the owners returning home because of the outbreak, resulting in a $1,180 loss for the sitter. 
  • The pet-sitting app Bence used initially told her that due to COVID-19, they were also "waiving the cancellation penalty," which protected pet owners from having to pay more — but left sitters empty-handed.
  • If you're a gig economy worker who is struggling right now, don't be afraid to advocate for yourself via email and Twitter, and find out if you're eligible for temporary unemployment benefits.
  • Visit Business Insider's homepage for more stories.

When I accepted a 71-day long cat-sitting gig, I thought I'd hit the jackpot. For me, professional pet-sitting is more than a lucrative side gig. It's an important financial support alongside freelancing and hourly work that all place me firmly in the gig economy. So, to bag a nearly three-month pet-sitting position, alongside my normal, shorter pet-sitting jobs? I felt more secure than I had in a while. Then, along came COVID-19.

When I accepted this cat-sitting gig — and all my other pet-sitting jobs — we weren't in a pandemic. COVID-19 was dominating the headlines, but it wasn't yet controlling our daily lives. So, three weeks ago, when the cat owners packed their bags for a sabbatical in Germany, leaving me with a cupboard of wet cat food and some instructions, none of us gave it a second thought. 

But things changed rapidly. A week ago, the local university shut down, banning all university-related travel. "What's going on with you in Germany?" I messaged the cat owners, who are university employees. No response. Then one evening I get a message: "Because of the virus here and in Europe, we have now returned home to the USA," and the kicker: "This means we will no longer need your services this spring." 

SEE ALSO: I'm an American locked down in Paris, where police patrol the streets and people cheer hospital workers from their windows. Here's how I prepared for weeks inside — and why I'm thankful our government has taken control.

DON'T MISS: A top virologist in Belgium has been writing his children letters to calm their coronavirus fears. Here's how he assuages their concerns.

COVID-19 has affected all of us. For pet sitters, it means work has dried up — or will, and soon.

Pet owners are frantically returning home from their trips before borders close. New work-from-home policies mean daytime dog walks or drop-in visits are no longer needed. Not to mention social distancing, isolation, and quarantine mean increased wariness about who you let in your house — after all, pets can't contract COVID-19, but their fur can carry it.

While the internet is busy spreading memes about this pandemic being the best thing to ever happen to dogs — who now have their owners home full-time — pet sitters like me are facing the reality of our newly empty schedules… and bank accounts. But at the very least, there are cancellation policies, right?

Not exactly.

I want to be clear that I'm not blaming the cat owners, or any of the other pet owners I provide services to, for canceling their travel plans. It is the responsible thing to do, for the health of our most vulnerable. But I'm not going to lie. It hurt. From a 71-day gig to a 12-day gig, this meant I lost $1,180 overnight. And that's for one single job, not mentioning every single other canceled gig. Luckily for me, though, this was booked through a pet-sitting app, called Rover, which provides protection … or so I thought.



Then, Rover told me that they had waived the usual moderate cancellation fee for my sit.

After I amended the booking dates, I checked my account balance, only to find less money than I had expected. I messaged Rover's customer service, asking why I had not received my 'moderate cancellation policy' of 50% of the next seven days of service. For me, this cancellation fee would come to $70 — a drop in the water compared to the thousands I was quickly losing in income. But that's exactly why every bit counts.

What I got in reply was a generic email about COVID-19, and the words: "To help keep all members of our community safe, we are waiving the cancellation penalty that would typically be charged." After further discussion, I found this policy was specifically for bookings in which the owner or sitter had traveled to a country declared non-safe for travel. Of course, it only took a couple weeks for nearly everywhere to be declared non-safe for travel. Domestic travel might even be next.

If you aren't aware, these apps, which take a service charge from all bookings, essentially have two clients: the pet owners and pet sitters. They could not operate without both. But removing cancellation fees is an imbalanced policy that solely benefits the pet owners, and completely discounts the livelihoods of pet sitters like myself, who are the lifeblood of these apps. 

I don't think Rover was being malicious in its policy changes that disproportionately benefited pet owners, and punished pet sitters. I think they were trying to help out people who were already stressed about canceling their travel plans. But I also think the decision was deeply, deeply ignorant. Did no one on their board consider the thousands of gig economy workers, many of whom rely on pet-sitting for their entire income?



Only after advocating for myself and a series of messages back and forth, Rover agreed to grant the cancellation fee.

So what did I do? I advocated for myself, and other pet sitters, who are all struggling right now. Who don't all have families, savings, insurance, or sick leave to fall back on. I didn't give up when I received my first generic reply from Rover, stating their response to COVID-19. I replied, explaining again and again my disappointment in their response, and offering suggestions of how they could handle the situation in a more balanced way.

Eventually, perhaps due to sheer persistence, I was rewarded my cancellation fee, directly from the app: "As a one-time courtesy, we deposited a $70 balance on your account to cover the penalty cost of this booking." In the grand scheme of things, this is nothing compared to the over $1,000 I lost from that singular booking, and the thousands more I lost from other pet-sitting jobs. But it felt, as small as it was, like a win.



Gig workers don't all have families, savings, insurance, or sick leave to fall back on.

Everyone has lost and is going to lose something in the coming days and weeks. My experience is a microcosm of what all pet sitters, and gig economy workers, are experiencing. But you can do something about it. Yes, we are going to struggle, but make people know it. Raise awareness of your burden, because chances are someone wants to help you. Like Rover and other pet sitting apps, most people on the other side of the financial equation aren't trying to be malicious, they just don't understand. So speak up, and advocate for yourself.

What pet sitters and other gig economy workers affected by COVID-19 can do:

  • Advocate for yourself via email, customer service, or even better: Twitter. Companies often have a faster response time to public tweets.
  • If your cancellation policy is taken away by an app in response to COVID-19, contact them about receiving some of the service charge that the app takes from your booking. You may be able to reach a compromise.
  • Gig economy workers may be eligible for unemployment in California, Indiana, Kansas, New Hampshire, New York, and Washington
  • As part of the new $2 trillion coronavirus stimulus bill, pet sitters and other gig economy workers will temporarily be eligible for unemployment benefits

Sarah Bence is a pet sitter and freelance writer based in Michigan. She has written for Lonely Planet, Fodor's Travel, Roadtrippers Magazine, World Nomads, and more. She also manages a blog called Endless Distances about gluten free and celiac-safe travel. Bence has a bachelor's degree from Kenyon College in English and Creative Writing, and also a MSc in Occupational Therapy from the University of Plymouth in southwest England. Connect with her on Instagram and Twitter.



64 global airlines have completely stopped flying scheduled flights due to travel bans, airspace closures, and low demand for travel — see the full list

$
0
0

Boeing 737 Max

  • Airlines the world over are seeing their wings clipped by travel bans, airspace closures, and low demand for travel. 
  • European, Asian, and Middle Eastern continue to restrict air travel and make operating flights impossible for some airlines. 
  • Most airlines are scheduled to resume operation in mid-April, with some not planning to take to the skies again until May or June. 
  • Visit Business Insider's homepage for more stories.

Airlines around the world are choosing to ground flights rather than fly empty aircraft as the COVID-19 crisis continues to affect the skies, with some airlines being bound by a government mandate to stay grounded. 

Travel bans and airspace closures also have contributed to the temporary suspensions of over 50 airlines, ranging from global national carriers to small regional airlines. While demand for travel is already at a record low, airlines are struggling to find airports to land at with entire nations shutting down their borders in a desperate attempt to prevent an outbreak of the virus that has infected thousands and shown little regard for national boundaries. 

With air travel the primary means of the virus' spread, airlines are the first target of nations attempting to protect their citizenry.

European, Asian, and Middle Eastern countries primarily have seen their airlines temporarily shutdown, with some of the world's largest airlines forced to cancel countless flights and leaving travelers rushing to get in the air before it's too late. In the US, airlines have greatly reduced operations but many still operate as the country's airspace remains open.

Take a look at which airlines won't be gracing the world's skies in the near future. 

SEE ALSO: 11 air traffic control centers have been temporarily closed after workers tested positive for coronavirus, highlighting a vulnerability in air travel

Air Antwerp

Belgium's Air Antwerp announced that it will be canceling all of its flights from March 22 until April 12.

The temporary suspension of operations, the airline stated, is due to measures taken by the Belgian government to restrict travel, especially as the European Union voted to close its external borders.



Air Arabia

Air Arabia announced the suspension of its operations from March 25 as a United Arab Emirates government directive prohibits passenger flights from arriving in the country.

The Sharjah-based airline did not say when it plans to resume operations.



Air Astana

Kazakhstan's Air Astana announced the suspension of operations until mid-April following a government state of emergency restricting flights in the country.

The mandate affects all Kazakhstan airlines but Air Astana will be operating limited non-scheduled repatriation flights for residents and citizens.



Air Baltic

Air Baltic announced that it will suspend all operations as the government of Latvia, where the carrier is based, has decided to largely close its borders to prevent the spread of COVID-19 in its country. The carrier will cease operations from March 17 until April 15, including in Estonia and Lithuania where it has secondary bases.



Air India

Air India is temporarily ceasing operations as Indian airspace is closing on March 25, according to a government press release.

The closure affects all of India's airlines and foreign airlines flying to or through the subcontinent. 



Air India Express

Air India Express is temporarily ceasing operations as Indian airspace is closing on March 25, according to a government press release.

The closure affects all of India's airlines and foreign airlines flying to or through the subcontinent. 



Air Madagascar

Air Madagascar announced the suspension of all flights as its island homeland attempts to prevent a coronavirus outbreak.

The African airline will be suspending flights for a month between March 20 and April 20. 



Air Malta

Air Malta announced on Wednesday that it will be suspending operations beginning just before midnight on Friday until further notice.

The suspension comes as the Maltese government is suspending all commercial flight traffic to the island nation in an attempt to stop the spread of the novel coronavirus. 



Air Moldova

Air Moldova will be suspending operations until April 1, Routes Online reported, per government mandate.

The suspension primarily affects flights from the airline's Chisinau hub to European and Middle Eastern destinations.



Air Serbia

Air Serbia announced the suspension of its operation following restrictions placed on international air traffic from the Serbian government. The airline primarily operates within Europe with one long-haul route between Belgrade and New York. 



Air Transat

Air Transat announced that all flights will be gradually canceled until April 30. The move comes as the Canadian government and European Union, as well as Caribbean nations served by Air Transat, are closing national borders to prevent the spread of COVID-19.  



Air Asia

Multiple AirAsia subsidiaries have announced the suspension of services due to multiple travel bans.

AirAsia's Philippines subsidiary announced the cancellation of all international and domestic flights from March 20 to April 14. The move came following a Philippine government directive halting air travel in the country to prevent a coronavirus spread. 

AirAsia India will also be suspending operations from March 25 as the Indian government moved to close down domestic airspace.



Austrian Airlines

Austrian Airlines announced a temporary suspension of flights for a 10-day period starting March 18.

The airline was the first in the Lufthansa Group to entirely suspend operations, with its last flight operating from Chicago to Vienna on Wednesday night. 



Avianca

South American carrier Avianca announced the suspension of all flights starting March 25. The carrier is speeding up a previously planned drawdown of service, grounding its passenger fleet until April 12. 



Blue Air

Romania's Blue Air announced the suspension of all passenger operations as its home country instituted a state of emergency due to the spread of COVID-19. Scheduled flights are expected to resume in mid-April with emergency charter flights operating until then.



Brussels Airlines

Brussels Airlines, one of the smallest national airlines in the Lufthansa Group, announced it will be suspending operations between March 21 and April 19.

The suspension comes as the European Union has voted to close external borders and various countries within the political bloc have experienced outbreaks of COVID-19 that have decimated the demand for travel.  



Cabo Verde Airlines

Cabo Verde Airlines announced it will be suspending all flights for at least 30 days as its archipelagic homeland attempts to shield itself from the novel coronavirus.

The newly-rebranded airline situated in Cape Verde off of the coast of Africa had recently implemented a strategy based on connecting the continents of North America, South America, Africa, and Europe via Cape Verde.



Cayman Airlines

Cayman Airways is suspending operations as the Cayman Islands government has announced the closure of Owen Roberts International Airport and Charles Kirkconnell International Airport for international passenger flights from March 22.

The closure will remain in effect until April 12 and affect the majority of Cayman's operations.



Cebu Pacific Air

Cebu Pacific Air announced all flights will be canceled between March 19 and April 12. The low-cost airline joins other Philippines airlines in canceling flights in the country per government mandate.



Comair - British Airways

South Africa's British Airways franchisee Comair is suspending operations per presidential directive on March 26. Comair along with subsidiary carrier Kulula will be grounding flights until April 19.



Copa Airlines

Copa Airlines said in filings with the Securities and Exchange Commission that the airline is planning to reduce capacity by 80% in April. The airline, based in Panama at the crossroads of the Americas, primarily connects passengers transiting between the two continents as well as Central America. 

The airline later announced the full suspension of operations per Panamanian government restrictions on international travel. Copa will be grounded until April 22 starting on March 23. 



CSA Czech Airlines

CSA Czech Airlines announced it will be canceling all flights to its hub in Prague as the Czech government is closing its borders and preventing citizens from traveling abroad.

The government ban in an attempt to prevent an outbreak of the novel coronavirus in the Czech Republic is scheduled to remain in effect from March 16 until April 11.



EgyptAir

EgyptAir announced the suspension of operations due to Egyptian government closures of airports in the North African country. Egyptian air traffic will be restricted until the end of March. 



Emirates

Emirates announced that passenger flights from March 25 will be suspended per a UAE government directive prohibiting passenger flights. The Dubai-based mega carrier did not specify when flights will resume. 



Etihad Airways

Etihad Airways announced all passenger flights will be suspended as the UAE attempts to curb the spread of COVID-19 by restricting passenger traffic. The Abu Dhabi-based carrier said the situation will be re-evaluated in two weeks following the mandate taking effect. 



FlyOne

Moldova's FlyOne will be suspending all operations until the end of March, the airline announced on Monday, per a government mandate to restrict air travel.

Flights are scheduled to resume on April 1.



Flydubai

UAE low-cost carrier Flydubai will be suspending operations per a government mandate restricting air travel in the country. The suspension will remain in effect from March 25 to April 7.



IndiGo

Indigo is temporarily ceasing operations as Indian airspace is closing on March 25, according to a government press release. The closure affects all of India's airlines and foreign airlines flying to or through the subcontinent. 



Jet2.com

The UK's Jet2.com announced the suspension of all flights until the end of April. The leisure airline connects secondary cities in the UK with leisure destinations across Europe, notably to Spain where cases of COVID-19 have risen sharply.



Jetstar Airways

Multiple divisions of Asian-Pacific low-cost airline group Jetstar will be suspending operations. Jetstar Asia announced on Wednesday it will be suspending flights for three weeks from March 23 to April 15.

The Singapore-based airline was initially impacted by the initial outbreak of coronavirus as it suspended flights to mainland China and is now citing further travel restrictions imposed by national governments. 



Kulula

South African low-cost carrier Kulula is suspending operations per presidential directive on March 26. Kulula along with parent carrier Comair announced the grounding of flights will last until April 19.



Kuwait Airways

Kuwait Airways announced the indefinite suspension of flights in line with a government mandate banning international flights to Kuwait.

The city-state was among the first in the Middle East to begin restricting access at the start of the COVID-19 spread outside of China, particularly when it reached Iran.



La Compagnie

French boutique airline La Compagnie announced that it would be suspending operations until the president's travel restrictions are lifted. The entirely business-class airline operates two routes from the French cities of Paris and Nice to Newark, New Jersey. 

La Compagnie expects to resume operations once the ban expires with one daily flight between Newark and Paris on April 15 while pushing back the launch of seasonal Newark-Nice service until June 1. 



Lauda

Ryanair subsidiary Lauda announced the suspension of operations until April 30. The airline's parent company Ryanair has nearly grounded the entirety of its fleet, offering its services for relief flights. 



LOT Polish Airlines

LOT Polish Airlines announced the suspension of its operations in Poland and Hungary following a directive from the Polish government to close its borders in an attempt to stop the spread of COVID-19. The Polish flag carrier primarily operates flights from a base in Warsaw with a secondary base in Budapest, Hungary.

Flights are planned to cease on March 29 and resume on April 12. 



Luxair

Luxembourg's Luxair is suspending flight operations for nearly a month's time starting March 24. The airline's home country sits between France and Germany, where COVID-19 cases began to rise following the virus' spread to Europe via Italy. 



Middle Eastern Airlines

Lebanon's Middle East Airlines is be suspending operations from March 19, the airline announced, as the Lebanese government attempts to prevent the larger outbreak of coronavirus in its borders.

The number of cases remains low in the country but neighboring Jordan and Israel have already taken drastic measures to prevent outbreaks. 



Montenegro Airlines

Montenegro Airlines will be canceling all flights until April 1, Reuters reported, as its home country attempts to prevent a coronavirus outbreak.

The country is one of many in Europe taking similar actions by restricting access to its borders. 



Philippine Airlines

Philippine Airlines announced a temporary suspension of all flights until mid-April. Domestic flights had previously been suspended with international flight suspensions taking effect on March 26. 

The cancellations are in response to a directive from the Philippine government, which has implemented strict measures regarding travel since the first outbreak in Wuhan, China in an attempt to prevent the spread of the virus. 



Porter Airlines

Porter Airlines announced that it will be suspending operations until June as Canada and the US agreed to close their border and the Canadian government is advising self-isolation.

The Canadian regional airline primarily operates flights in eastern Canada as well as transborder services from Toronto's Billy Bishop Airport.



Qazaq Airlines

Kazakhstan's Qazaq Air announced the suspension of operations until the end of March following a government state of emergency restricting flights in the country. The mandate affects all Kazakhstan airlines. 



Royal Air Maroc

Morocco's Royal Air Maroc announced the indefinite suspension of all its flights from March 21. The flag carrier of the North African country, a popular tourist destination, is suspending the flights due to a government mandate. 



Royal Jordanian Airlines

Royal Jordanian Airlines announced it would suspend all of its flights from Amman starting on March 17, becoming the first Middle Eastern airline to temporarily cease flying due to the spread of the virus. The suspension will remain in effect until the end of March. 

The Jordanian flag carrier was forced to cancel the flights as the kingdom attempts to prevent an outbreak within its borders, the Jerusalem Post reported. 



RwandAir

Africa's RwandAir announced the suspension of flights for a month's period starting on March 20. The move came following a government mandate restricting flights into the country. 



TAME

Ecuador's TAME announced the suspension of all flights for a two-week period beginning March 17. The South American country has been proactive in restricting international visitors, going as far as to place vehicles on the runway at Guayaquil's main airport to prevent landing aircraft.



SA Express

South Africa's SA Express announced that it will be suspending all of its flights beginning March 18. The state-owned airline did not state when flights would resume. 



SpiceJet

India's SpiceJet is temporarily ceasing operations as Indian airspace is closing on March 25, according to a government press release. The closure affects all of India's airlines and foreign airlines flying to or through the subcontinent. 



Starlux

Taiwan's Starlux Airlines is suspending operations, One Mile at a Time reported, as the airline temporarily discontinues its sole route between Taipei and Da Nang, Vietnam.

The newly-established airline had suspended its other routes at the beginning of the outbreak and was down to only one route before the decision was made to suspend the service. 



Sunwing Airlines

Canada's Sunwing Airlines has announced that it will be suspending flights between March 17 and April 9.

The suspension comes as Canada is largely closing its borders amid fears of a coronavirus outbreak. 



Thai Lion Air

Thai Lion Air announced the suspension of flights starting March 25 until mid-April. The move comes following a government mandate restricting both domestic and international flights. 



Transavia

Franco-Dutch low-cost airline Transavia, a member of the Air France-KLM Group, will be suspending operations indefinitely, reported La Tribune.

The bi-national airline group announced a large scale back in operations that saw a reduction of flights for both Air France and KLM, as well as regional airlines offering flights on the airlines' behalf. 



Ukraine International Airlines

Ukraine International Airlines announced all flights across its network will be suspended until April 3, with the exception of chartered repatriation flights. The move comes as the Ukraine government closed its borders to non-residents. 



Uzbekistan Airways

Uzbekistan Airways announced that all international flights operated by the airline will be suspended from March 17 until April 5.

The move comes per the Uzbekistan government after the first case of COVID-19 was confirmed in the country. 



Vistara

India's Vistara is temporarily ceasing operations as Indian airspace is closing on March 25, according to a government press release. The closure affects all of India's airlines and foreign airlines flying to or through the subcontinent. 



Yemenia

Yemen's Yemenia announced the suspension of flights for a period of two weeks starting March 18.

The suspension came per a Yemeni government mandate restricting flights to the Middle Eastern country. 



Airlink

South Africa's Airlink is suspending operations from March 28 until April 20, according to its website. Domestic services within South Africa, in which the airline specializes, have been greatly impacted by the government implementing three-week travel restrictions lasting into late-April.



EasyJet

UK low-cost carrier EasyJet has grounded its entire fleet, the BBC reported, as Europe remains on lockdown. Over 300 of the carrier's planes have been grounded in the UK where cases of the virus are skyrocketing and even affecting the country's leaders and royalty. 



Winair

The Caribbean's Winair has suspended all flights until at least April 6, according to its website. The carrier primarily provides short-haul intra-island flights to various Caribbean islands with a notable base in Dutch Sint Maarten. 



Tigerair Australia

Australian low-cost airline Tigerair Australia is suspending flights entirely as government restrictions impede its operation. The suspension was announced by the airline, a subsidiary of Virgin Australia, on March 31 with no relaunch date as of yet.



SunExpress

Turkey's SunExpress is suspending operations until the end of April. The announcement came as the Turkish government introduced travel restrictions on domestic and international flights affecting numerous airlines in the country.



Bahamasair

Bahamasair has suspended operations indefinitely, the airline's website reported, in an attempt to mitigate a spread of COVID-19 to the Bahamas. The archipelagic nation just 60 miles from South Florida is a popular tourist destination for North Americans and Europeans, two citizenries heavily affected by the virus. 



El Al Israel Airlines

El Al Israel Airlines is suspending flights between March 27 and April 4, the Israeli flag carrier announced on its website.

The government of Israel has been struggling to contain the novel coronavirus as the country is a popular destination for tourists and religious pilgrims, with numerous travel restrictions being implemented by the government to prevent a worse outbreak.



Harbour Air

Canada's Harbour Air is suspending operations for the entire month of April, according to its website, with plans to relaunch operations on May 4. The move comes as Canada is tightening its self-isolation and stay at home restrictions to prevent a viral outbreak. 



Fastjet Zimbabwe

Zimbabwean low-cost carrier Fastjet Zimbabwe is suspending operations until mid-April, the airline announced. FlightGlobal reported that neighboring South Africa's travel restrictions took a large toll on Fastjet's operation and contributed to the suspension.




Drake's $185 million private plane just got a custom makeover from Louis Vuitton designer Virgil Abloh, and the exterior is now sky blue and covered in clouds

$
0
0

Drake

Drake made sure to let everyone know he's "social distancing" — by unveiling his private, converted Boeing 767-300F, newly redesigned by Louis Vuitton Menswear Creative Director and Off-White founder Virgil Abloh

CargoJet reportedly gave Drake the plane for free last year in exchange for publicity, according to TMZ, though this hasn't been confirmed by either the rapper or the company. The plane is worth about $185 million and can seat 30 people. 

Abloh shared a behind-the-scenes look at his redesign process on Instagram, captioning the photo, "The tail number is a problem and the FBO (fixed-base operator) is a whole other story..." 

the tail number is a problem and the FBO is a whole other story... ⁣ ⁣ @champagnepapi c/o ABLOH ENGINEERING®

A post shared by @ virgilabloh on Mar 28, 2020 at 10:18am PDT on

Abloh is known for his industry-spanning artistic collaborations, having worked with brands like Ikea, Supreme, and even Evian.

Critics have called out Drake's apparent wealth-flaunting during the global pandemic

“SOCIAL DISTANCING” c/o ABLOH ENGINEERING

A post shared by champagnepapi (@champagnepapi) on Mar 28, 2020 at 6:40pm PDT on

After Drake shared his own post about the plane's revamp on Instagram — with the caption "'SOCIAL DISTANCING' c/o ABLOH ENGINEERING" — he became the latest celebrity to be criticized for flaunting their wealth during the pandemic. Over the weekend, billionaire Hollywood mogul David Geffen deleted his Instagram account entirely after being criticized for a post about social distancing aboard his $590 million superyacht

It's not clear whether Drake is actually self-isolating aboard his private plane or simply referencing a viral tweet that imagined how social distancing might be inspiring his songwriting.

 

The redesigned plane wasn't the only reveal Drake made on Instagram this weekend. Soon after showing off his plane, Drake posted the first photos of his "secret" son, Adonis, who was born in 2017. The caption seemingly referenced the difficulties of social distancing and being away from family, ending with the rapper noting, "I can't wait for the joyful day when we are all able to reunite. Until then please keep your lights on."

What is most important for you right now is to connect to your own inner light. This will create the biggest opening of all. Trust that you have all of the power within to make this happen, and in order to do that connect to the people and things that bring you a lot of joy. When the mind starts to move into overthinking or fear, shift your attention right away to something bright. It doesn’t matter what has happened in the past or what is happening around us now, you can always make the choice to break free of the wheel of suffering and panic and open up to your own light. We are powerful manifestors , so once you make the choice in the moment to shift your awareness to something good, it will show you in your reality. Be conscious, especially right now of fears coming in from others, and recognize that not everything should be held by you. Laughter is your best medicine, but tears can also be a powerful release. Let go of any judgment you may have around that. Remember that you are never alone, and if you need to be reminded of that ask for support and it will show up. Everything comes down to intention, and even though there are conflicting energies circling around us you must KNOW...It will rebuild. But in order for that to happen, you have to do exactly that. Trust. You have the biggest heart and that is your greatest gift. It’s impossible to always control your surroundings, but when you shift the focus to how you want to feel, everything will conspire to assist you. I love and miss my beautiful family and friends and I can’t wait for the joyful day when we are all able to reunite. Until then please keep your lights on. 🤍

A post shared by champagnepapi (@champagnepapi) on Mar 30, 2020 at 2:14am PDT on

 

Drake, who has a net worth of around $150 million, is known for his lavish lifestyle. Aside from owning a 12,500-square-foot, $8 million mansion in Los Angeles, he also has another sprawling 35,000-square-foot home, which was built on land he purchased in Toronto in 2016 for $6.7 million. He's also an avid car collector, with an extensive (and expensive) car collection that almost rivals Kylie Jenner's famously pricey fleet.

SEE ALSO: A look at the life of Virgil Abloh, the man The New York Times called the 'Karl Lagerfeld for millennials,' but who should probably best be known as the first Virgil Abloh

DON'T MISS: Louis Vuitton designer Virgil Abloh and Evian have teamed up to create limited edition glass water bottles tied to the launch of a $54,000 sustainable design contest

Join the conversation about this story »

NOW WATCH: Traditional Japanese swords can take over 18 months to create — here's what makes them so special

13 photos of New York City looking deserted as the city tries to limit the spread of the coronavirus

$
0
0

Empty New York Coronavirus

  • New York City looks more like a ghost town than a bustling metropolis with empty streets and fewer people outside since the outbreak of the coronavirus. 
  • The state of New York declared a state of emergency March 7. Since then, schools, bars, and event spaces around the city and state have shut down and restaurants are only accepting take-out and delivery orders.
  • Here are 13 photos that illustrate the impact these measures have on New York City's streets.
  • Visit Business Insider's homepage for more stories.

The city that never sleeps is starting to look a little sleepier these days as streets around the metropolis of New York City quiet down amid the coronavirus outbreak.

The state of New York declared a state of emergency March 7. Since then, life around New York has taken new form with New York City public schools shut down, public gathering of 50 people or more banned, and restaurants and bars within the city limited to take out and delivery only. Event spaces and gathering spots such as night clubs, theaters, concert venues in the city are also closed.

There were over 75,000 cases statewide as of Wednesday, the most of any state, with 1,550 people dead, according to Bing's COVID-19 tracker.

Governor Andrew Cuomo advises that New Yorkers stay home and get no closer than 6 feet within others in public in an effort to limit the spread of COVID-19.

While New York's usual bustle has slowed, other cities have taken more drastic measures, such as San Francisco, which instituted a "shelter in place" mandate.

Here are 13 photos that show how deserted the streets of New York look within the last several days.

SEE ALSO: As schools and businesses close to combat the spread of the coronavirus, photos show just how eerily empty some of the US's busiest roads and tourist spots have become

SEE ALSO: The biggest mall operator in the US is closing all locations for 12 days to slow the spread of COVID-19

An empty Times Square is seen on the street following the outbreak of coronavirus disease (COVID-19), in New York City, U.S., March 18, 2020.



A pedestrian walks on Wall St., as concerns about coronavirus disease (COVID-19) keep more people at home, in front of the New York Stock Exchange (NYSE) in New York, U.S., March 18, 2020.



Closed restaurants and shops are seen along a nearly deserted Mulberry Street in the Little Italy neighborhood of Manhattan during the coronavirus outbreak (COVID-19) in New York City, New York, U.S., March 18, 2020.



The "Charging Bull" statue stands quiet in the Financial District neighborhood as pedestrian traffic continues to be slower to prevent rampant transmission of the coronavirus disease (COVID-19) in New York, U.S., March 17, 2020.



A nearly deserted Mercer Street is seen in the Soho neighborhood of Manhattan during the coronavirus outbreak in New York City, New York, U.S., March 18, 2020.



General view of the United Nations Headquarters during the outbreak of coronavirus disease (COVID-19), in New York City, New York, U.S., March 17, 2020.



A woman jogs around the fountain at Lincoln Center during the coronavirus disease (COVID-19) outbreak in New York City, March 18, 2020.



An empty Brooklyn Bridge is seen during the outbreak of coronavirus disease (COVID-19), in New York City, New York, U.S., March 17, 2020.



The 911 memorial is closed to public during the outbreak of coronavirus disease (COVID-19), in New York City, New York, U.S., March 17, 2020.



An empty Radio City is seen following the outbreak of the coronavirus disease (COVID-19), in New York City, U.S., March 18, 2020.



People enter a nearly empty Fulton subway station during the evening rush, as people react to coronavirus disease (COVID-19) in New York City, U.S., March 18, 2020.



An empty Times Square is seen on the street following the outbreak of coronavirus disease (COVID-19), in New York City, U.S., March 18, 2020.



Empty street is seen in Manhattan borough following the outbreak of coronavirus disease (COVID-19), in New York City, U.S., Mar 15, 2020.



7 things mental health experts wish you knew about anxiety, according to a psychotherapist

$
0
0

depression anxiety mental health

  • Anxiety is fairly common — nearly 18% of the population has an anxiety disorder. Yet, it's often misunderstood.
  • While it's an emotion meant to keep you safe, sometimes it's triggered by things that aren't threatening — and can impact you cognitively and physically. 
  • It's often not rational — so changing the environment that's triggering it can make a big difference. 
  • When it impairs your functioning, anxiety becomes a disorder. But the good news is that it's treatable.
  • Visit Business Insider's homepage for more stories.  

Whether anxiety causes you to feel physically ill or keeps you awake for countless hours, it can be quite uncomfortable — and its effects are often far reaching. It can take a toll on almost every area of your life.

Developing a better understanding of what anxiety is — and how to manage it — can be key to living a better life. But anxiety is one of the most misunderstood emotions of all time. Here are seven things mental health experts wish everyone knew about anxiety.

SEE ALSO: Being a psychotherapist taught me that almost everyone shares one insecurity

1. Anxiety is meant to keep you safe, but your anxiety alarm is faulty

Anxiety is a normal, healthy emotion meant to warn you of danger. If you didn't experience any anxiety, you wouldn't run out of a burning building, and you wouldn't look both ways before you cross the street.

But no one's anxiety alarm bell is 100% foolproof. There will be times when your mind and your body respond as if you're in a life or death situation — even though you're not in any real danger.

Giving a talk in public or asking someone on a date might trigger an anxiety alarm bell, even though neither situation will kill you. Learning how to separate real alarms from false alarms is key to managing your anxiety. 

Simply recognizing that your brain and body are overreacting to a seemingly harmless event can empower you to take positive action. Acknowledge that you're not in any real danger and you'll quiet your alarm bell enough to move forward in a productive manner.



2. Anxiety affects you emotionally, cognitively, and physically

Most people talk about anxiety as an emotion. But anxiety also affects your brain and your body. 

When you feel anxious, you're more likely to think about things that fuel your anxiety. You might ruminate on bad things that happened in the past, or you may dwell on catastrophic predictions about the future.

Your body will respond accordingly. Your heart rate and your blood pressure might increase. You might begin to breathe faster, and you may break into a sweat. These reactions are meant to prepare you for action (it's known as the fight-or-flight response).

Knowing how to calm both your mind and your body when you feel anxious makes it much easier to face anxiety-provoking situations.



3. Anxiety isn't rational

It's easy to believe that your anxiety means you're in danger. But anxiety isn't always rational. 

You might feel anxious when you're safe and sound in your home. Or you might experience a random spike in anxiety when you're sitting at your desk. How you respond to increased anxiety makes a big difference in how long it lasts and how intense it feels.

If you panic and convince yourself that you can't stand feeling uncomfortable, or that your anxiety is a sure sign of impending doom, you'll stay in an uncomfortable heightened state. 

But if you embrace it — rather than fight it — you might feel better faster. Accept that anxiety feels uncomfortable, but remind yourself that you can tolerate distress.



4. You can reduce anxiety by changing the environment

One way to deal with anxiety is to address the environment. Changing the situation can change how you feel. 

But it's important to consider how you address the situation, because it can be healthy or unhealthy. 

Avoidance, for example, is a common coping strategy. Avoiding your bills might temporarily reduce your anxiety. But not paying your debts creates bigger problems in the long term — and can compound your anxiety in the long haul. 

Avoiding a person who constantly criticizes you, or giving yourself permission to skip out on a stressful networking event, might be healthy ways to cope with your anxiety.

Look at environmental changes you can make that will reduce your stress — while also improving your life in the long term.



5. You can reduce anxiety by addressing your emotional state

Instead of changing the environment, you can manage your anxiety by changing how you respond to the environment.  

Healthy coping skills include things like going for a walk, practicing meditation, or engaging in deep breathing exercises that calm your mind and your body.

Unhealthy coping skills involve doing things that temporarily mask your emotions but cause new problems (or exacerbate existing ones) — like turning to food or alcohol for comfort or binge-watching shows while ignoring your responsibilities. 

It's important to assess the current coping skills you use. Keep in mind that everyone has room for improvement when it comes to practicing healthier ways to deal with anxiety-provoking situations.



6. Anxiety becomes a disorder when it impairs functioning

Anxiety disorders include conditions such as panic disorder, social anxiety disorder, generalized anxiety disorder, and substance/medication-induced anxiety disorders.

Anxiety becomes a diagnosable mental health condition when it has a negative impact on your social, occupational, or educational functioning. 

Avoiding social engagements, arguing with someone due to your anxiety, missing days at work, or being unable to sleep are just a few signs that you may have an anxiety disorder.



7. Anxiety is treatable

Anxiety is the most common — yet most undertreated — mental illness in America.

The Anxiety and Depression Association of America estimates 18% of the population has an anxiety disorder. Yet only 36% of individuals with an anxiety disorder receive treatment for their anxiety. 

An Australian study found that the average person with anxiety waits eight years to get treatment. 

It's unfortunate that people with anxiety wait to get help because anxiety is treatable. Treatment may consist of medication, therapy, or a combination of the two.

This story was originally published on Business Insider January 11, 2020.



The coronavirus pandemic could completely derail the careers of Gen Z — and they might end up a lot like older millennials

$
0
0

Gen Z

  • Some of the oldest members of Generation Z are set to graduate into a possible recession, as the coronavirus pandemic continues to disrupt the economic outlook of the US.
  • College seniors at the University of Southern California, where this writer graduated from in 2019, told Business Insider that this was a "worrisome" time. One recent graduate said that the impact of a recession would be "devastating" on her. 
  • If Gen Z does graduate into a recession, they could find themselves on the same financial path as older millennials, who are expected to be the first generation that is worse off financially than their parents.
  • Visit Business Insider's homepage for more stories.

Tomas Mier, a first generation college student, had big plans for his final semester at the University of Southern California: complete his internship, get good grades, and have his parents, who immigrated to the US from Mexico, watch him walk across the stage at graduation.

Then, the coronavirus pandemic hit. Suddenly, classes and work were moved online, and USC canceled its in-person graduation ceremony. But even those disruptions were eclipsed by the threat of the looming recession.

Mier and other Gen Zers have little time to mourn the loss of their final semester, because an economic collapse can set back their futures. It could leave them like the older millennials who graduated during the Great Recession, with grim job outlooks and a stagnation in financial growth that can potentially last almost 15 years.

Gen Zers know that this year, graduation caps will not be thrown into the air. But they're still holding out hope for economic prosperity — however much longer it may take to get there.

Read on to see how Gen Z has already been affected by the looming recession and to hear how college students and recent graduates are bracing for its inevitable impact.

SEE ALSO: How the American millennial is overcoming debt, the dollar, and the economy they were handed

DON'T MISS: Gen Z is going to get slammed even worse than boomers by coronavirus layoffs

Experts are expecting the United States to plunge into a recession before the coronavirus pandemic is even over.

The generation that will feel the brunt of an economic downturn is Generation Z, most of whom have yet to even graduate from high school. According to the Pew Research Center, Gen Zers are between the ages of 7 and 22 this year.

The oldest of Gen Z have already spoken out about their canceled job interviews and internship opportunities amid social distancing policies necessitated by the pandemic, as colleges move online and graduations are postponed across the nation.

The full impact that the coronavirus will have on the job market has yet to be seen. But for those who have not become unemployed, many jobs, college classes, and internships have become remote, which poses its own advantages and challenges. 



On the bright side, remote work allows companies to hire flexible workers, opening up opportunities for those who cannot relocate to big cities and for those who are traditionally marginalized or sidelined in the labor force.

Business Insider's Shana Lebowitz previously reported that companies are beginning to learn that employees can still get their work done, despite not coming into an office. "Social distancing"— like what is happening now as a result of the coronavirus pandemic — actually has the possibility of creating 15 million jobs in the next decade. 

At the same time, remote work isn't for everyone, and there are some downsides that come with it. Some do not have constant access to technology, or a safe at-home working environment. Business Insider's Natalia Lusinski reported that there are many unique challenges that come along with working from home, such as technological difficulties, the lack of set office hours, a dearth of human interaction, and feelings of loneliness. 

And even remote work doesn't have a steady or reliable future. The bank UBS's Chief US Economist Seth Carpenter notes that if a recession does hit, once people begin to enter and reenter the workforce, many will probably focus on paying down debt or boosting savings, rather than discretionary spending. This decreased spending will hurt numerous retailers, many of whom employ Gen Zers early in their careers.



Business Insider's Taylor Nicole Rogers previously reported that Generation Z is expected to be disproportionately affected by coronavirus layoffs.

Nearly a third of Gen Z workers have already reported being put on leave by their employers, compared to just 13% of older workers between the ages of 35 and 54.

These are young people often working in industries such as retail and hospitality, which have already seen massive disruptions. Hundreds, if not thousands, of stores, restaurants, and coffee shops have shuttered nationwide as state governments mandate the closure of "non-essential" businesses to stave off the virus' spread.

Source: Business Insider



The week ending March 7, there were 1.7 million people on unemployment insurance in the United States. But the week ending March 21, nearly 3.3 million people filed new jobless claims.

In that week, more people filed for unemployment than were initially in the program. These unemployment figures are the worst numbers since 1982, which saw a then-record breaking 700,000 filed jobless claims; worse than even the 2008 recession which, at its peak, saw 800,000 job losses a month.



And hiring rates are plummeting as COVID-19 cases continue to rise in the US.

As with the millennials who graduated after the 2008 financial crisis, this will be another generation-defining recession. A LinkedIn chart shown above depicts how hiring rates have steadily dropped in China, Italy, and the United States since the beginning of February.

China had a massive hiring rate drop off during the height of its nation's COVID-19 outbreak, before rates gradually began to rise again. Italy, meanwhile, plunged in early March, and is still on the decline as the country struggles to contain the virus. The United States is similarly expected to make a sharp decline in hiring as early as this week.



Studies have shown that people who entered the workforce during the Great Recession had their careers handicapped.

An April 2019 Stanford study found that students who graduate into and start working in a recession often have to contend with higher unemployment rates and lower starting salaries, causing a stagnation in economic prosperity which can linger for 10 to 15 years.

And college seniors are already feeling the effects of the disruption.

"There's [always] a certain anxiety that comes with finding a job. But with this all coming on, it's just tenfold," Matthew Phillips, a senior at the University of Southern California, told Business Insider. "We have no idea what's going on. There's just so much unknown on top of what's already, you know, the big unknown after graduating from college."



College seniors and recent graduates call their possible job situation "worrisome" and "devastating."

Sarah Nehemiah, a recent college graduate who was taking a gap year in New York City as she contemplated applying to law school, said the economic downturn her generation is facing is "unfathomable" and that its impact will be "devastating" on her.

As a result, Nehemiah says it is certain that she will enter law school for "job security down the road."

"I no longer have the luxury of time to figure out what the next steps are for me," Nehemiah said. "I have a couple of friends who are just finishing up undergrad, and they are completely out of luck in this job market — one has interned for the same company for four years with promise of a job, and the company can no longer hire him. Another friend has a Fulbright and zero job prospects — it's unfathomable what is happening during this economic downturn."



Tomas Mier, a college senior at USC, said the possible economic situation was "really worrisome."

"For those of us who come from low income families, there's an expectation that once we graduate, we're expected to help bring money home and bring food to the table for our families," Mier said. "I know that for a lot of us, that's going to be really difficult."

Phillips and Mier are two of thousands of college students nationwide who have had their senior years cut short, as schools move to online learning amid the coronavirus pandemic. Mier, a first generation college student, was looking forward to bringing his parents, who immigrated from Mexico, to his college graduation. But as of right now, USC's in-person commencement has been postponed indefinitely.

"My parents sacrificed so much for me by coming to this country," Mier said. "I was so excited to celebrate this big accomplishment with them in May."



Gen Z was already coming into adulthood in a nation still reckoning with the fallout of the Great Recession and rising inequality rates.

As Business Insider's Hillary Hoffower previously reported, the millennials who graduated into the Great Recession are still facing a grim affordability crisis, which was triggered by student debt burdens and skyrocketing living costs. Many millennials are expected to do worse financially than previous generations— the first time generational economic prosperity has declined in such a manner.

Gen Z could potentially find themselves on the same path, as they were already set to enter the same world that millennials were struggling to grapple with.

Hoffower reported that 62% of adults ages 18 to 29 who have a bachelor's degree also have student debt. This is compared with 48% of adults ages 45 to 59 — or, in other words, Gen X. In 2019, Americans owed $1.5 trillion total in student loans, and college tuition has more than doubled since the late 1980s. Meanwhile, income for young adults has risen by just $29 since 1974, when adjusted for inflation — not nearly enough to keep up with ever-rising living costs.



Many millennials told Hoffower that they didn't have enough money to afford a mortgage — they still had to pay down their student debt.

Most newly constructed homes in 2019 cost $500,000 or more, as the median price of home sales saw a 39% increase from 1974.

If Gen Z does graduate into a recession, it could add to the many burdens they were already set to face. Already, economists are expecting that if there is a financial crisis, the recovery will not be as quick as it was for the 2008 downturn.

And if the unemployment rate continues to rise, it could hold back economic recovery even more. Economists at Morgan Stanley predicted that unemployment could spike from its current rate of 4% to as high as 12.8%. For comparison, the peak of unemployment during the Great Recession was 10%, according to the Bureau of Labor Statistics



"I was pretty optimistic about the job hunt before, but now I'm a little nervous. I feel worse for my friends who are supposed to graduate this semester," Maya Tribitt, a student who was taking a gap semester for an internship in New York City, told Business Insider.

Tribitt moved from Los Angeles to New York City to complete her internship, which has now been moved online. She was also set to intern at the Tokyo Olympics, though that has since been postponed until 2021. As a result, she is still searching for a job for this summer. 

"This is my last summer before graduating and I want to get as much experience as I can," Tribitt told Business Insider. "I've been writing cover letters almost every day and a few times in a row I've logged on to the application portal for an internship, just for the internship to be gone."

The New York Times' David Yaffe-Bellany reported that job listings between mid-February and mid-March dropped 29% in comparison to last year. Job postings for retail stores, in particular, fell 14%, while event job postings were down 20% and casino and hotel job postings fell 23%. 

"I'm a little worried about ending up like those who graduated around 2008," Tribitt continued. "A lot of the fear people my age have about getting jobs right out of college have come from the horror stories of people 10 years older than us. It's really scary to think that might be our new reality."



Jeff Bezos is the only one of the world's five richest people who hasn't lost money in 2020. Here are 11 mind-blowing facts that show just how wealthy the Amazon CEO really is.

$
0
0

jeff bezos

Jeff Bezos, the world's richest person, is the only only one of the world's five wealthiest people who hasn't lost money in 2020, according to Bloomberg's Billionaires Index.

The Amazon CEO made more than $5 billion in the past three months, bringing his total net worth to $120 billion.

Bezos is about 36% richer than the British monarchy. He retained his ranking as the world's richest person even after his divorce from MacKenzie Bezos in 2019. She kept a 4% stake in Amazon worth roughly $35.7 billion, making her the fourth-richest woman in the world.

Though Jeff Bezos' annual salary is only $81,840, most of his wealth comes from his Amazon shares. The world's richest man makes $2,489 per second, or more than twice what the median US worker makes in one week, according to Business Insider's calculations.

Here are 11 mind-blowing facts that show just how wealthy Bezos really is.

SEE ALSO: Bernard Arnault is the world's third-richest person and CEO of LVMH. Here's how the French billionaire makes and spends his $100 billion fortune.

DON'T MISS: Here's a look at Jeff Bezos' massive real-estate portfolio, from a Seattle estate to a Texas ranch

1. Bezos is worth $120 billion despite being paid an annual salary of just $81,840, less than what most US representatives take home.

Of course, a large portion of Bezos' wealth is tied to Amazon stock, not his salary.

In 2018, Business Insider calculated how much Bezos actually makes in a year, based on the change in his net worth year-over-year, and found it to be closer to $8.9 million. (Of course, Bezos actually lost $10 billion in 2019, but that was largely due to his divorce.)

It's even more impressive if you break that down to how much Bezos makes every day, every hour, and even every second.



2. Bezos makes $2,489 per second — more than twice what the median US worker makes in one week.

That's $149,353 per minute.

As Business Insider's Hillary Hoffower previously reported, that means that in just one minute, the Amazon chief makes more than three times what the median US worker makes in a year: about $47,000, according to Bureau of Labor Statistics data.



3. After divorcing MacKenzie Bezos and giving up 25% of the Amazon stock owned by the couple, Jeff Bezos retained his ranking as the richest person in the world.

MacKenzie Bezos is now the fourth-richest woman in the world, after David Koch's widow Julia Flesher Koch, L'Oreal heiress Francoise Bettencourt Meyers, and Walmart heiress Alice Walton.

MacKenzie, who was one of Amazon's first employees, is worth an estimated $38.7 billion.



4. With his $120 billion, Bezos has a net worth equivalent to about 25% of the top 100 US college endowments.

The three richest colleges in the US in 2018 based on the size of their endowments were Harvard University, with $38.3 billion, the University of Texas system, with $30.9 billion, and Yale University, with $29.4 billion.

Bezos' fortune is greater than those three universities' endowments combined — with more than $21 billion to spare.



5. Bezos is so rich that an average American spending $1 is similar to Bezos spending about $1.3 million.

The median net worth of an average US household is $97,300. Dividing $120 billion by $97,300 comes to about $1.2 million.



6. The Amazon CEO is 36% richer than the British monarchy.

The British royal family was worth an estimated $88 billion in 2017, according to Forbes.



7. Bezos is worth more than the entire gross domestic product of Morocco.

Morocco's GDP is about $118 billion, according to The World Bank.



8. Bezos' net worth is greater than the GDP of Iceland, Luxembourg, and Cyprus — combined.

Iceland's GDP is $25.8 billion, Luxembourg's is $70 billion, and Cyprus's is about $24.9 billion, for a total of about $120 billion.



9. According to the Social Security Administration, the average American man with a bachelor's degree will earn about $2.2 million in his lifetime. Bezos makes that in just under 15 minutes.

According to the SSA, the average American woman with a bachelor's degree will earn $1.3 million in her lifetime.

Bezos, who has a bachelor's degree from Princeton University, makes $149,353 every minute, according to Business Insider's calculations last year.



10. Even if a moderate wealth tax had been implemented in America almost 40 years ago, Bezos would still be the second-richest person in the world.

At the end of 2018, Bezos was worth $160 billion.

If the US had introduced a moderate wealth tax in 1982 — when the first Forbes 400 data on American billionaires was published— his net worth would now be about half that, or $86.8 billion, according to a recent study published in Brookings Papers on Economic Activity.

But even with a mere $86.8 billion fortune, Bezos would still be one of the richest people in the world, outranked only by French businessman Bernard Arnault.

A wealth tax has been a hot topic among the 2020 Democratic presidential candidates, with both Bernie Sanders and Elizabeth Warren calling for increased taxes on the super-rich.



11. Bezos lost more money in 2019 than almost any other billionaire in the world, but he's still the richest of them all.

The Amazon CEO's net worth took a hit of more than $10 billion in 2019— but he's still on top.



Viewing all 116840 articles
Browse latest View live




Latest Images