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Business News

Location American Business News for 20 August 2019

J. Robert Lennon Reads "The Loop"

The New Yorker - 20 Aug 2019 11:00
J. Robert Lennon Reads Deborah Treisman hosts the author J. Robert Lennon, who reads his short story "The Loop," from the August 26, 2019, issue of The New Yorker.
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Alphabet's Google has shut down a service it provided to wireless carriers globally that showed them weak spots in their network coverage.
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Facebook will use journalists to curate news, opening itself to more bias allegations Facebook's news curation move will fire up critics who believe it suppresses conservative viewpoints. But it may reduce complaints of viral garbage.
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Crystals' Resurgence in the Self-Care Age

The New Yorker - 20 Aug 2019 11:00
Crystals' Resurgence in the Self-Care Age Rachel Syme introduces a video about crystals' rise in popularity, featuring Marisa Galvez, a professor at Stanford University, and a crystal enthusiast on a visit at the Maha Rose Center for Healing, in Brooklyn.
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Apollo Global looking to buy $2.4B Hilton time-share operator Apollo Global Management has told time-share operator Hilton Grand Vacations it wants to buy the $2.4 billion outfit, and the company is considering its next steps, The Post has learned. Apollo, co-run by Leon Black, gav...
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How Small Hotel Brands Are Making A Big Mark In Luxury Travel These Davids have Goliath on speed dial. While the big hotel groups are getting bigger, Auberge Resorts Collection, Montage Hotels & Resorts, LLC, Red Carnation Hotel Collection, and Grand Velas are expanding slowing and...
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The Best Books For Students Heading To College This Fall While no one's time at college is the same, there are some common challenges. A little reading, though, can go a long way toward helping you find what works best for you.
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The U.S. Extends a Limited Reprieve on Technology Sales to Huawei by 90 Days The aim is to give small U.S. companies time to reduce their reliance on the Chinese tech giant
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Brazilian hotel company interested in Four Seasons restaurant Brazil's high-end Fasano Hotel company is hot to take over the vacant, former Four Seasons restaurant at 280 Park Ave., Realty Check has learned. Nothing's signed and talks haven't reached a term-sheet stage, but a sourc...
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CEOs say corporations should no longer put shareholders first Corporate America's lobbying group, the Business Roundtable, says it will no longer put shareholders first -- but critics aren't buying it. The powerful business lobbying group, led by JPMorgan Chase Chief Executive Jami...
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Bankers turn curiously optimistic about the economy

American Banker - 20 Aug 2019 03:59
Competition for deposits is tight, the outlook for loan demand is uncertain, and regulatory relief is slow-moving. Yet community bankers are feeling better about the economy than they have in two years, a Promontory Inte...
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CBS-Viacom merger equals $70M payout to top executive Joe Ianniello The merger of Viacom and CBS is shaping up to be lucrative for its top two execs. Acting CBS Chief Executive Joe Ianniello, who will be chairman and CEO of CBS at the combined firm, will bank a hefty payout of $70 millio...
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A national-security panel that oversees foreign investment in U.S. businesses approved the transfer of a stake in cybersecurity company Cofense from a Russia-linked private-equity firm to funds managed by BlackRock.
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Toll Brothers quarterly profit falls 24%

Reuters - 20 Aug 2019 22:40
U.S. luxury homebuilder Toll Brothers Inc posted a 24% fall in quarterly profit on Tuesday, hit by slower demand and shrinking gross margins from home sales.
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Twitter acquires Lightwell to improve conversations

Venture Beat - 20 Aug 2019 20:59
Twitter has acquired Lightwell, an app creation engine launched by interactive storytelling startup Hullabalu, to bolster its efforts around conversations.
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How To Motivate A Happy, Productive Workforce A happy employee is a productive employee, but what does it take to create an enjoyable work culture? Mathilde Collin is the co-founder and CEO of Front, a San Francisco based company in business since 2013.
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How to Manage Your Reputation Online

Forbes - 20 Aug 2019 20:43
How to Manage Your Reputation Online Have you Googled what people are saying about you lately? Here is the good, the bad, and the ugly about your reputation online.
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OpenAI today said it's releasing a version of GPT-2, but that it's not yet safe for the public release of the original 1.5 billion parameter version.
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Small Bookstore Owners: 98% of Parents Prefer Reading to Kids from Physical Books Physical books are still the top choice for parents.
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Quite a few members of Apple's health team have exited the company in recent months, and a lack of ambitious direction is reportedly to blame.
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Google today launched Android Studio 3.5, the latest version of its IDE, fixing over 600 bugs, 50 memory leaks, 20 IDE hangs.
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Here's what Marvel's Avengers gameplay looks like

Venture Beat - 20 Aug 2019 18:58
Square Enix has finally given us some Marvel's Avengers gameplay footage, and it turns out they are making a super-hero action game. Weird!
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