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Oil Trader Owes $9 Million After Starting The Day With $77,000

Debbie A. Cunningham 3 weeks ago

The April 20 historic oil price crash that sent the prompt May WTI contract plunging to the unheard of price of negative $40 per barrel now seems like ancient history with oil back in the $20s (at least until the June contract matures in 10 days) and stocks are delightfully levitating, but to one trader what happened on that fateful Monday will remain a permanent scar of how everything can go terribly wrong in the blink of an eye.

Syed Shah, a 30-year-old daytrader, would usually buy and sell stocks and currencies through his Interactive Brokers account, but on April 20 he couldn’t resist trying his hand at some oil trading. Shah, working from his house in a Toronto suburb, figured he couldn’t lose as he spent $2,400 snapping up crude at $3.30 a barrel, and then 50 cents. Then came what looked like the deal of a lifetime: buying

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How Skeleton Crews Are Still Keeping Networks Like CBS on the Air

Debbie A. Cunningham 3 weeks ago

Click here to read the full article.

Normally, around 1,600 people work out of the CBS Broadcast Center on West 57th Street in New York. But these aren’t normal times. Just about a dozen key staffers are still coming into the office, keeping the lights on as most everyone else works from home.

“Things have definitely changed,” says Glenn Oakley, CBS executive VP of global media technology operations. “We have reduced staff, down to skeleton crews virtually everywhere. We have definitely removed people going in to essential personnel only.”

More from Variety

These are the unsung heroes of TV: the broadcast, cable and local TV staffers who are still showing up to work in the midst of the coronavirus pandemic. Across the country, media outlets have sent most of their employees home to work — but there are some, particularly in operations and in news — who have been tasked

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What Is Wedding Insurance? – Everything You Need to Know About Wedding Insurance

Debbie A. Cunningham 4 weeks ago
a fashion forward bride, with the design of dollar bills in the background

Christian Oth; Design by Ingrid Frahm

The COVID-19 pandemic has proven that anything can happen—and that we should expect the unexpected. It’s a wedding planner’s job to prepare backup plans and contingencies, but the current uncertainty has brides and grooms thinking about plans B, C, and D more than ever before. Couples planning to wed in 2020 are now needing to postpone their celebrations and, in that process, consider all possible pitfalls that could prevent even the most well-planned event from taking place.

Insurance has always been an option when it comes to protecting yourself against the unpredictables surrounding your wedding day, just as it is when securing coverage for other key investments, like travel, or a home or car purchase. But according to many expert planners, wedding insurance has been predominantly untapped, save for those planning events in far-flung destinations, with activities that require licenses or extra safety measures

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‘Virtual First Friday’ Brings Arts To Your Home Amid Coronavirus

Debbie A. Cunningham 4 weeks ago

SAN DIEGO, CA — Although art galleries, museums and other arts and cultural institutions have been closed amid the coronavirus pandemic, San Diego’s Arts District Liberty Station is bringing the arts to your home Friday, May 1.

“Virtual First Friday” is a virtual version of the Arts District Liberty Station’s monthly showcase of its arts and culture groups.

“Our goal is to stay connected to our artists and organizations and to our supporters and community during this unique time,” said NTC Foundation President and CEO Lisa Johnson. “This has led the Arts District to collaboratively come up with new and innovative ways to be creative from a distance and to inspire individuals.”

Arts District Liberty Station, which is San Diego’s largest arts and cultural district located in historic buildings at the former Naval Training Center in the Liberty Station neighborhood, launched Virtual First Friday in April. The online-only event is

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