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Business News

Location American Business News for 30 December 2019
UPS, FedEx Fees on Heavy Packages to Hit Consumers and Merchants FedEx and UPS are escalating their war on bulky items by levying a $24 fee on packages weighing more than 50 pounds.
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Small Businesses Rush to Borrow Online, Sparking Fears of High Rates, Costly Terms The growth of online lending has been a boon to hair salons, bakeries and other small businesses that don't qualify for bank credit. Yet this tech-enabled source of credit can mire some in debt they can't repay, raising ...
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Our Year of Trumpschmerz

The New Yorker - 30 Dec 2019 19:49
Susan B. Glasser writes about the suffering induced by constant updates about President Donald Trump, and finds a German compound word to describe it.
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AT&T Makes New Pitch to Mom-and-Pop Investors

Wall Street Journal - 30 Dec 2019 17:18
AT&T Makes New Pitch to Mom-and-Pop Investors AT&T's issuance of new preferred shares in December shows the highly indebted company is getting creative in its search for financing.
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After a Tumultuous Decade, Bond Investors See Rocky Times Ahead

Wall Street Journal - 30 Dec 2019 16:00
Bond markets have hosted some of the most dramatic shifts in finance over the past decade. The Journal asked six investors what is in store for the next 10 years. They spoke of the return of inflation, a turn away from n...
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A.I. Could Be The New Play To Increase Minority Homeownership Artificial Intelligence and its inherent bias may not be as judgmental as previously thought, at least in the case of home loans. This could end up becoming the main tool in closing the racial wealth gap, especially as b...
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Idaho Needs More Power but Parts of Oregon Object

Wall Street Journal - 30 Dec 2019 15:30
Idaho Needs More Power but Parts of Oregon Object Many communities across the U.S. are fighting against transmission lines being built to keep up with a surge in clean-power generation.
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Daryl Liew of Reyl Singapore says the firm has a buy rating on SoftBank on a "sum-of-the-parts basis." From a valuation standpoint, Alibaba makes up almost two-thirds of SoftBank's market cap, he says.
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Wells Fargo, Comerica, BancShares: Bankers on the move

American Banker - 30 Dec 2019 04:00
Wells Fargo's continued leadership shake-up led to more executive shuffling in the final two montsh of 2019.
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Surprising Sales Lessons From Magicians Penn & Teller Learn three strategies that successful magicians use to "sell" their acts to an audience--and what salespeople can learn from their magical moves.
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Researchers propose an AI system that's able to restore color and reduce haze in images captured underwater in marine environments.
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Southern, Western States Set to Gain Congressional Seats, Data Show New state population totals offer fresh signs of how southern and western states will gain political power after the 2020 census. Texas is poised to gain two congressional seats, and Arizona, Colorado, Florida, Montana, ...
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Jason Gardner, founder and CEO of the card issuer Marqeta, discusses his experiences in starting up multiple fintechs and makes predictions for the new year.
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Michael Shvo Is Reshaping Hotel Row On Collins Avenue South Beach Shvo bought the iconic Miami Beach Hotel at 1775 Collins Avenue for $103 million from Tommy Hilfiger and his partners in February.
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Bond 'Supply Deluge' Sends European Yields Higher

Wall Street Journal - 30 Dec 2019 17:16
Some European bond yields rose to their highest levels since summer as investors prepared their portfolios for a wave of new issuance in January.
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There's Money To Be Made In Taming Open Source Software Code By chaos, Jackson is referring to the avalanche of open source software code out there that's used anonymously for some very important projects.
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2020 will see transformational changes in how technology impacts our lives. Here's a look at the top technology trends that will influence us.
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GamesBeat's games of the 2010s tell a story that goes beyond what's "the best" -- we choose the games that tell the story of the industry's development.
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How A Family-Run Coworking Space Found A Way To Thrive In A Competitive Market 3rd Space, located in Newark, N.J.'s Ironbound District, has focused on building close ties to community residents to stand out.
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This was an interesting gaming year for me. I don't know if there's a single game on this list that I would consider a new all-time favorite.
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Netflix's 'The Witcher' dethroned 'The Mandalorian' as the biggest TV series in the world Netflix Netflix's "The Witcher" is the most in-demand TV show in the world, according to data company Parrot Analytics. The fantasy series dethroned Disney Plus' "The Mandalorian" as the top global series. "The Witcher" ...
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CES 2020 will be a busy maze, so here are some tips and tricks from VentureBeat's Dean Takahashi, who has attended the Las Vegas show more than 20 times.
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