This $3 billion online education company is seeing a ‘paradigm shift’ due to coronavirus

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As more and more colleges weigh their options for adding online education in the fall, one online ed company is reaping the benefits of the shift away from lecture halls.

Industry leader 2U (TWOU) helps big name universities like Harvard, Massachusetts Institute of Technology and dozens of others offer educational programs online and as its CEO explained to Yahoo Finance Tuesday, business is booming.

“Over the last three months, we’ve spoken to more presidents and provosts than we had in our entire 12-year history,” CEO Chip Paucek told Yahoo Finance’s YFi PM. “So this is definitely a paradigm shift moment for online ed without question.”

As Paucek highlights, many colleges had been caught off guard when the coronavirus pandemic first hit back in March. Shifting to online classes for many meant little more than a Zoom video conference with a professor. With 2U’s tech, the company is offering the prospect

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Inside Stanford’s Efforts To Welcome MBA Students Back To Campus

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As the COVID-19 case count and the death toll from the virus continues to surge in California, plans for the reopening of in-person classes at Stanford’s Graduate School of Business have become increasingly complicated and stubbornly challenging. Shifting state and county guidelines, still-to-be-unveiled university protocols along with the spread of the coronavirus itself have forced the business school to plan for not one but several scenarios this autumn’s forthcoming quarter.

For the core curriculum, the school plans to adopt a hybrid format that will mix in-person and online learning components for most courses. Some classes, however, will be entirely online. But in communicating its plans to both incoming and second-year MBA students, the school is warning all students that its ability to offer any in-person classwork is dependent on both state and county restrictions. “We are hopeful that these restrictions will ease before the quarter begins, but we also acknowledge, … Read More

How to file for a tax extension online if you aren’t able to meet the July 15 deadline

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As the pandemic swept across the nation in March, the Internal Revenue Service moved the original tax filing deadline and tax payment deadline from April 15 to July 15.

That deadline arrived Wednesday. But individual taxpayers who are unable to meet the July 15 deadline can request an automatic extension til October 15.

Here’s what taxpayers should know.

How do I file an automatic extension until October 15?

Taxpayers who’d like an extension until October 15 must fill out an Automatic Extension of Time to File U.S. Individual Income Tax Return (Form 4858) by July 15.

According to the IRS, this form can be completed electronically through the IRS Free File or a tax software provider.

“To get an extension, taxpayers must estimate their tax liability on the

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Get on Track to Become a Certified Financial Analyst with This Helpful $40 Online Prep Course

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Anybody can start a business. Not everybody can scale a business to reach its fullest potential. Entrepreneurship takes a lot of guts, some specific expertise, and a heap of leadership skills. But one especially helpful ingredient is a financial education. Finance is the lifeblood of every business and understanding concepts like cash balance, working capital, and being able to create financial models is extremely valuable to an entrepreneur. Knowing how to manage your finances well right from the launch of your business can help you maximize efficiency and reduce waste, helping you to reach your goals faster.

In The All-In-One CFA Level 1 Exam Certification Prep Bundle, you’ll get the financial education you need to get on track to become a Certified Financial Analyst, which can be a big boost on your entrepreneurial journey.

This nine-course, 23-hour bundle is designed to teach you everything you need to know to pass

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The woman who wants to make kids better with money

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The BBC’s weekly The Boss series profiles different business leaders from around the world. This week we speak to Louise Hill, founder of GoHenry, a banking business that provides debit cards for children.

Standing on the touchline as her son played football, Louise Hill started moaning about how her kids’ spending habits were spiralling out of control.

At the time her son was eight and her daughter was 11. Louise was so frustrated by how much they were buying online that she would pin Apple invoices to the fridge door to help her kids understand why their £4 a week pocket money was now just 50p.

The two other parents she was chatting to back in 2009 had similar stories, so the conversation really struck a chord. And inspired the beginning of a business.

“One of the dads started talking about how his son had bought something on eBay, the

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Coronavirus puppy scams come with ‘red flags,’ expert says: Illegal Tender podcast

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This is the third and final part of Yahoo Finance’s Illegal Tender podcast about the puppy crimes of quarantine and online puppy scams. Listen to the series here.

Many dog owners will look back at the coronavirus lockdown and self-quarantine as the start of their puppy journey.

This season of “Illegal Tender” explores the world of online puppy scams through conversations with two victims and one industry watchdog.

This episode, concluding the season, is a conversation with Josh Kreinberg, chief administrative officer and general counsel at PuppySpot. Kreinberg is a dog owner and dog lover who’s dedicated his professional life to working for a company that places dogs with forever homes. 

Through his work at PuppySpot, Kreinberg is an expert when it comes to identifying online puppy scams and how would-be dog owners can protect themselves from becoming victims.  

The desire to welcome a new dog into your world might … Read More

These big brands actually make costco’s Kirkland products

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When Costco customers see the red and black Kirkland Signature label, they know they’re going to get a good product at a great price. But they don’t always know who’s making it.

Store brand products like Kirkland are typically manufactured by third parties, not the store itself. Many of these behind-the-scenes companies are actually famous retail titans, so you can save big on your grocery bill without losing quality.

While plenty of the names behind Kirkland Signature products are public knowledge — some printed right on the box — others remain a closely guarded secret. More than a few rumors have popped up from people claiming to be in the know.

Here are the names we can confirm and the myths we can debunk, assuming no recent supplier swaps:

Confirmed.

Websites including Dog Food Insider claim that Kirkland Signature Dog Food is actually manufactured by Diamond Pet Foods, also known … Read More

Buy now, pay whenever? Lockdown lift for online shopping loans

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By Nikhil Nainan

(Reuters) – Browsing online during lockdown, Jessica Friend spotted a pair of Ray-Ban sunglasses she liked, but the price tag made the 30-year-old Ohio resident think twice.

What persuaded her to click ‘buy’, Friend said, was the short-term credit offered by Afterpay <APT.AX>, which split the $260 payment into four interest-free instalments.

Afterpay is among a handful of alternative credit firms which offer small loans, mostly to online shoppers, and make their money by charging merchants a 4%-6% commission.

These buy-now-pay-later (BNPL) firms have benefited from a shift to online shopping during the coronavirus crisis in countries including the United States, where state aid has also boosted retail sales.

“I’m more inclined to use them because they make it easier to afford to get the things I want all at once … and when I want to splurge on something,” Friend said of the loans.

Some investors

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The coronavirus pandemic ‘has undone years of work’ for women, Yahoo Finance survey shows

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Women, especially middle-aged ones, have been hit the hardest by the coronavirus pandemic in terms of job loss, fewer options for remote work, and needing more time to recover financially from the crisis, according to a new survey from Harris Poll and Yahoo Finance. 

Nearly all men between the ages of 35 and 44 — 96% — were still working the same job as before the pandemic, only 60% of women the same age were, according to the survey of 2033 Americans. The latest unemployment rate shows 8.9% unemployment for men in that age group and 9.4% for women in June.

Read more: Here’s how to navigate changes in your career

A similar discrepancy shows up between men and women who are 45 to 54. More than three-quarters of men that age have the same job, but just under 6 in 10 women do, the survey found.

That difference, among

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Meet Thrilling, An Online Marketplace That Supports Small Vintage Stores

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When the pandemic hit, Thrilling, an online marketplace that offers vintage and secondhand clothing from small businesses around the country, cut its commissions for the first two months. After brick-and-mortar businesses were forced to close their doors, and thus lose their main source of income, founder and CEO Shilla Kim-Parker knew that those owners needed every dollar they could make. Thrilling then released custom-printed vintage T-shirts to raise money for the 100+ stores it carries (you can still purchase them or donate to stores here). When protests started around the country, following the murder of George Floyd at the hands of the police, Thrilling curated a collection of clothing from Black-owned vintage stores — although, as a Black woman, Kim-Parker had amplified these businesses since the start of Thrilling, giving them the exposure they desperately need in a fashion industry that still prioritizes whiteness.

Kim-Parker, whose prior careers were in

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