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How the American homebuyer, from 50-plus to Gen Z, is changing: Sheryl Palmer, CEO of Taylor Morrison

How the American homebuyer, from 50-plus to Gen Z, is changing: Sheryl Palmer, CEO of Taylor Morrison

CNBC4 days ago

Older buyers are spending the most, while younger buyers are more concerned about affordability, as the residential real estate market and 'American Dream' continues to evolve after Covid, says Sheryl Palmer, CEO of homebuilder Taylor Morrison.

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Bluefield woman pleads guilty to COVID-19 fraud scheme
Bluefield woman pleads guilty to COVID-19 fraud scheme

Yahoo

time20 minutes ago

  • Yahoo

Bluefield woman pleads guilty to COVID-19 fraud scheme

BLUEFIELD, WV (WVNS) — A Bluefield woman pleaded guilty to a COVID-19 relief fraud scheme. According to a press release, 43-year-old April Elick, of Bluefield, pleaded guilty to the theft of government money on June 2, 2025. She obtained $84,000 in COVID-19 loans through the Small Business Association (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, and used the funds for personal use. Elick is set to be sentenced on September 8, 2025, and faces a maximum of 10 years in prison, three years probation, and a $250,000 fine. She owes $97,802.59 in restitution, as well. Court documents and statements made in court stated that Elick received two Paycheck Protection Program loans (PPP) amounting to $14,520 in April 2021, after stating that the money was for her home healthcare business to cover payrolls and other expenses. She received an Economic Injury Disaster Loan (EIDL) amounting to $61,000 through the CARES Act in January 2022, and also increased the COVID-19 business loan by $8,700 in April 2022, the release stated. As part of her plea, Elick confessed that she knew she could use the proceeds only for things outlined in CARES Act programs, the release noted. Elick also stated that she used funds for personal expenses, such as withdrawing $30,560, an estimated $16,350 in digital wallet transfers, and $8,290.11 in purchases made in West Virginia, North Carolina, and Virginia. The CARES Act allowed for forgivable PPP loans to be used for eligible for impacted businesses and sole proprietors, independent contractors, and self-employed individuals, the release stated. It also approved the SBA to provide EIDL loans of up to $2 million for eligible small businesses that were experiencing substantial financial struggles. Acting United States Attorney Lisa G. Johnston released the announcement and applauded the work of the WorkForce West Virginia Integrity Section, the National Aeronautics and Space Administration Office of Inspector General (NASA OIG), the Litigation Financial Analyst with the U.S. Attorney's Office, and the West Virginia State Police — Bureau of Criminal Investigation (BCI). Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Michael Busack steps into the spotlight as new head of Club Passim
Michael Busack steps into the spotlight as new head of Club Passim

Boston Globe

timean hour ago

  • Boston Globe

Michael Busack steps into the spotlight as new head of Club Passim

Advertisement With the Trustees, music was a part of the bigger job. Now, as executive director of Passim, one of the country's most prominent folk music venues, it's his entire job. He oversees a $1.5 million annual budget with 10 full- and part-time administrative staffers, as well as a roster of around 40 part-time servers, teachers, and event workers — with shows and classes happening almost every day of the year. Among his challenges will be figuring out how to expand Passim's presence beyond the walls of the cozy basement club and its offices and classrooms on a floor above the club, in a Harvard University -owned building at the corner of Church and Palmer streets. 'There's no room to grow in this current space,' Busack said. 'We're programmed to the max.' Advertisement Passim's leaders are in active conversations to help present shows at bigger, different venues across Greater Boston. 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Several NELF board members are joining the Pioneer law center's board, as is NELF president Natalie Logan ; NELF attorney Ben Robbins is now on Pioneer's four-person legal staff. And Pioneer will also take over the John G. L. Cabot Award Dinner, an annual NELF fund-raiser that will return in 2026. Advertisement Both groups get involved in legal cases related to economic fairness and free enterprise, Bailey said, though Pioneer also works on cases that advance educational opportunity or government transparency. Unlike NELF, which focused on appellate cases, Pioneer will also initiate complaints, and follow them through to trial, if necessary. Pioneer also has welcomed members of the various NELF advisory councils in New England, who help surface legal causes worth championing. 'We're going to be more effective,' Bailey said. 'We have been involved in matters outside of Massachusetts already [but] the best way to do that is to have people on the ground in those other states. That's what the advisory councils bring us.' 'First big milestone' for Holocaust museum At the ceremonial groundbreaking for the Holocaust Museum Boston, Boston Mayor Michelle Wu, center, spoke with Jody Kipnis (left), and Todd Ruderman (right), cofounders of the Holocaust Legacy Foundation and Holocaust Museum Boston. Suzanne Kreiter/Globe Staff Jody Kipnis has been working on the concept of Here were Boston Mayor Michelle Wu , city Councilor Ed Flynn , and State House power brokers — including Senate President Karen Spilka , House Speaker Ron Mariano , and House Ways and Means chair Aaron Michlewitz — gathered to salute this once-crazy dream Kipnis and Todd Ruderman had, a dream that's getting much closer to reality. 'I don't think it hit until today, the gravity of what we're doing,' Kipnis said afterward. 'This was the first big milestone for us, publicly.' 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Uber delivery business head departs; insider Macdonald appointed COO
Uber delivery business head departs; insider Macdonald appointed COO

Yahoo

timean hour ago

  • Yahoo

Uber delivery business head departs; insider Macdonald appointed COO

(Reuters) -Uber Technologies said on Monday the head of its delivery business, Pierre-Dimitri Gore-Coty, is leaving the company after nearly 13 years. As senior vice president of Uber's delivery unit, Gore-Coty oversaw the company's Uber Eats business as well as grocery and other on-demand delivery offerings, and is credited with steering the division through the COVID-19 pandemic. Uber also announced it has named Andrew Macdonald as its chief operating officer, reinstating the role almost six years after it was eliminated in a leadership overhaul in 2019. Macdonald, who has been with Uber since 2012 serving in several leadership roles, will now be responsible for Uber's mobility, delivery and autonomous businesses. He will also oversee cross-platform functions such as membership and customer support. "This is a natural next step in our evolution as a company, as we drive growth by increasing engagement across our entire platform," Uber CEO Dara Khosrowshahi said of Macdonald's appointment. The moves, effective immediately, come as Uber has been trying to expand its business portfolio to drive growth amid signs of saturation in its mainstay North American business. Uber's delivery business has also been facing stiff competition from rivals such as DoorDash. Last month, Uber signed a $700 million deal to acquire a majority stake of 85% in Turkish food and grocery delivery platform Trendyol Go. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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