Here are the stories making headlines in the world of sports and business on Tuesday, Aug. 25.
What's Going On In the Sports World?
The Denver Nuggets are on the brink of elimination from the NBA playoffs. Trailing their series against the Jazz 3 to 1, Denver needs a win tonight or else they’ll be sent packing. Also on the hardwood is Game 5 of the Mavericks and Clippers series -- that game is tied at two games a piece.
Over to the ice where two games in the NHL playoffs drop the puck this evening. Golden Knights look to go up 2 games over the Canucks and the Bruins look to do the same against the Lightning.
And the MLB isn’t in the playoffs just yet but there’s plenty of baseball action with 17 games on tonight’s schedule with a handful of teams, including the Mets, Marlins, Phillies and Astros playing double headers.
Daily Coronavirus Update
There are over 23.7 million cases of the virus worldwide, with over 814,000 deaths. According to Johns Hopkins, the U.S. has surpassed 5.7 million cases with over 177,000 deaths.
Per the COVID-19 Tracking Project, there were 35,036 new cases reported Monday, which is slightly down from the 38,000 reported on Sunday. 682,054 new tests were reported. And 343 deaths were reported yesterday, which is the first time that deaths have dropped below 400 in a single day since late July.
Daniel Pinto, head of corporate and investment bank at JPMorgan, spoke to CNBC about the decision.
“We are going to start implementing the model that I believe will be more or less permanent, which is this rotational model,” Pinto told CNBC. “Depending on the type of business, you may be working one week a month from home, or two days a week from home, or two weeks a month.”
The corporate and investment bank has nearly 61,000 employees who will be able to work remotely on a part-time basis, but also go into the office on certain days.
'The Rock' Makes New Investment
Former Miami Hurricane football player, turned professional wrestler, turned highest-paid actor in the world, turned entrepreneur, turned new owner of the XFL, Dwayne "The Rock" Johnson has a new investment and it is helping people save money and invest.
Johnson and his business partner Dany Garcia invested in Acorns, which is a financial investing platform that links to people's checking accounts, takes the change from their purchases, rounds up to the next dollar amount and automatically invests that money into exchange traded funds.
Any new Acorns user will get $7 added to their account, which is symbolic of the amount Johnson says he had when he was cut by the Canadian football league.
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