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Business News

Location American Business News for 5 June 2019
The arcane topic of antitrust law is getting more attention with the U.S. government gearing up to investigate whether Alphabet Inc's Google, Facebook Inc, Apple Inc, and Amazon.com Inc compete fairly.
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How StyleSeat Went From Bootstrapping To Billions In Bookings Melody McCloskey went from bootstrapping her beauty booking platform, StyleSeat, to generating billions in bookings.
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Microsoft and Oracle reached an agreement to make their two cloud computing services work together with high-speed links between their data centers.
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AZ Churches Sue Anti-Migrant Groups Who Film Themselves Harassing Asylum Seekers A group of Hispanic churches in Arizona is suing two far-right groups for trespassing and defamation, among other things, and...
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Riot Games names John Needham as the head of League of Legends esports.The current co-heads, Jarred Kennedy and Whalen Rozelle, will move to new roles.
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Treasury yields are mixed on Wednesday ahead of economic data that could tell if the U.S. labor market has tightened further, a longstanding source of comfort for investors grappling with recession concerns.
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California has too much solar power. That might be good for ratepayers California set two renewable energy records last week: the most solar power ever flowing on the state's main electric grid, and the most solar power ever taken offline because it wasn't needed. There's no contradiction: ...
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Developers Built a 30-Story High-Rise. They Might Have to Chop Off 5 Floors. The Manhattan borough president asked prosecutors to investigate the condo tower, which she said was taller and larger than allowed.
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Samsung Electronics Co Ltd said on Wednesday it has decided to cut the volume of mobile phone production at its plant in the Chinese city of Huizhou due to the impact of intensifying competition in the country.
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SEC sues messaging app Kik for its $100 million cryptocurrency offering The messaging service is in hot water for its 2017 release of a cryptocurrency, called the "Kin" token.        
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Major League Baseball Commissioner Rob Manfred said he does not expect teams to make changes to the protective netting around ballparks during the season, although he expects conversations to continue …
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Bank of America warns of possible 'carnage' linked to leveraged loans The U.S. economy is on solid footing except for one potential trouble spot, according to Bank of America Corp. Chief Executive Brian Moynihan: leveraged loans -- a business the bank has dominated for a decade. Problems a...
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JPMorgan Chase Seeks to Prohibit Card Customers From Suing

The New York Times - 5 Jun 2019 00:46
JPMorgan Chase Seeks to Prohibit Card Customers From Suing Customers with Chase credit cards received notifications informing them their rights to sue would end unless they opted out, in writing, by Aug. 7.
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How to Convince Your Boss that You Need Employee Advocacy How to convince your boss that you should allocate resources to deploy an employee advocacy strategy in 2019.
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AMD and Samsung: A match made for mobile gaming

Venture Beat - 5 Jun 2019 22:10
AMD and Samsung's new licensing agreement, announced Monday, could have massive ramifications for the mobile market -- and for other consumer markets.
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Apple's flagship iPhones and popular Watches are getting a series of worthwhile but not especially exciting software updates this year - we've tested them.
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Jeopardy Champ Ken Jennings Is Still The Smartest Person In The World By virtue of the newfound attention given to the venerable trivia show, Jeopardy's all-time champ Ken Jennings' brand is stronger than ever. It's not hard to imagine a slew of media properties featuring both the old cham...
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Stanley Pierre-Louis, CEO of the Entertainment Software Association, says that the Electronic Entertainment Expo (E3) video game show is sold out.
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Amazon shared new details about how it created Go, including the use of synthetic data to generate data to train its AI that powers cashierless stores.
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Wheels Up's Acquisition Of TMC Jets Heats Up The Battle For Private Jet Fliers The battle for consumers of private aviation solutions is heating up with Wheels Up's acquisition of TMC Jets. It also marks the confluence of hard assets such as private jets and soft ones like a digital footprint.
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How Alex Rodriguez Outlasted Giant Competition With A Tiny Product When Alex Rodriguez founded Azulle as a mini PC manufacturer, little did he know that his former side business would someday take on some of the biggest names in computing devices... and win.
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Reproductive rights groups are slamming Joe Biden's support of Hyde Amendment banning public insurance coverage for nearly all abortions AP Photo/Elise Amendola Reproductive rights advocates are slamming former Vice President Joe Biden overhis support for a rule prohibiting federally-funded programs from covering abortion procedures. Biden's campaign conf...
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