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Business News

Location American Business News for 1 October 2019

A Gamble to Reshape the Global Airline Industry

Wall Street Journal - 1 Oct 2019 11:32
Do airlines actually benefit from global alliances like SkyTeam and Oneworld? Delta just bet $2.3 billion they don't.
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American manufacturing posted the biggest contraction in September since the end of the 2007-2009 recession, reflecting a slowdown in the U.S. and global economies made worse by a tense U.S. trade war with China.
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Mega mall owners mull investing in Forever 21 after bankruptcy A pair of shopping-mall giants is weighing whether to invest in bankrupt teen retailer Forever 21, sources told The Post. The fast-fashion pioneer, which filed for bankruptcy protection on Sunday morning, had recently tr...
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This bed frame from popular online startup Leesa is adjustable for better support -- I slept on it, and it didn't disappoint Leesa Adjustable bases seem to be the latest trend in the smart home space, and one of the more recent additions to the market comes from perennially dependable Leesa. I've always been a huge fan of Leesa's mattresses, a...
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There's a new round of tensions between the US, NATO, and Russia, and that means there's a new battle brewing in the Atlantic Navy/Mass Comm. Specialist 2nd Class Jonathan Clay The North Atlantic was a central battleground during the world wars and the Cold War, serving as the strategic link between the US and Europe. With the opening of a new ...
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Popular in Wisconsin: Cheese, the Packers and...Risky Bonds

Wall Street Journal - 1 Oct 2019 11:30
A Wisconsin agency has issued billions of dollars in tax-exempt debt across the U.S., and some of that debt is now starting to sour.
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Brewers Late Surge, High Attendance Give Mark Attanasio A Reason To Smile Many thought the Brewers' season would come to an end after Christian Yelich's knee injury. Team owner Mark Attanasio wasn't so sure.
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What Comes Next After Bitcoin's Plunge?

Forbes - 1 Oct 2019 05:16
What Comes Next After Bitcoin's Plunge? Bitcoin traders should keep their eyes on a pennant pattern that is currently forming.
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Tainy Scores His Third Hot 100 Hit As An Artist With Anuel AA and Ozuna in tow, "Adicto" proves another hit for the Puerto Rican producer.
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The Biggest Sale In Closed-End Funds

Forbes - 1 Oct 2019 21:50
The Biggest Sale In Closed-End Funds This fund takes its inspiration from one of the best investors of all time--Warren Buffett.
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Bad Bunny And J Balvin's 'La Cancion' Climbs Back Up Billboard's Latin Charts The musica urbana superstars enjoy a second wind for their joint 'Oasis' single.
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Small bank's big digital goal: Launch 3 niche banks

American Banker - 1 Oct 2019 21:07
Surety's first online bank, booyah, is aimed at college students and young grads.
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Nike co-founder Phil Knight lists golf course retreat in La Quinta Phil Knight, billionaire and co-founder of sportswear giant Nike, has listed his golf course home in La Quinta for $1.55 million.
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US manufacturing at its worst level in a decade: survey US manufacturing has taken a nose dive to its worst level in over a decade, a key gauge of those numbers reveals. The Institute for Supply Management's U.S. Purchasing Managers' Index dipped to a reading of 47.8% in Sept...
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Combining numeric and symbolic approaches to AI unlocks the power of cognitive AI, or the ability to both train a system with data and educate it to reason.
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Marijuana Arrests Increased Again Last Year Despite More States Legalizing, FBI Data Shows Marijuana arrests keep going up in the U. S. even though more states are enacting cannabis legalization laws.
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There is no way to know exactly what the market will look like in 2023 or 2024 when FedNow debuts. We're working on a solution that can help our customers right away, says Luanne Cundiff, president and CEO of First State...
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King Crimson Mark Their 50th Anniversary By Embracing The Future The iconic progressive rock band led by Robert Fripp recently made all their studio albums available on Spotify for the first time.
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How Companies Can Prepare for the Age of Sponsored Marketplaces Sponsored marketplaces are well positioned to influence the next wave of e-commerce.
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New York City Poverty Rate Falls to Historic Lows

Wall Street Journal - 1 Oct 2019 00:44
New York City Poverty Rate Falls to Historic Lows The number of people living below the poverty line in New York City dropped to historic lows as the economy continued to grow, according to newly released federal census data and the mayor's office.
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UPS said it won the U.S. government's first full approval to operate a drone airline, which gave it a lead in the U.S. drone delivery segment over rivals.
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On CRM: Is Microsoft Too Late To Retail?

Forbes - 1 Oct 2019 23:00
On CRM: Is Microsoft Too Late To Retail? CRM will play a big part in Microsoft's new retail strategy.
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