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Business News

Location American Business News for 2 January 2020
Raising Canes' CEO had a disastrous Reddit AMA in which he dodged questions on Trump, LGBT issues, and Cane's sauce Hollis Johnson Raising Cane's CEO Todd Graves had a disastrous Reddit AMA on Wednesday, after he failed to live up to the "ask me anything" prompt. Reddit users turned on Graves after he declined to comment on what he ca...
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Box Office: 'Jumanji 3' Is Playing Like A 'Hobbit' Prequel Despite Competition From A 'Star Wars' Sequel Sony's 'Jumanji: The Next Level' passed $200 million domestic and $500 million worldwide.
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This KFC Ad Shockingly Reveals How Santa Spends the Rest of His Year The gifts are unwrapped, the gingerbread cookies eaten, the 'nog swilled. What follows is the inevitable post-Christmas letdown. No more surprises. Precious little excitement. If that scenario has ever bummed you out, im...
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Boeing's decision in December to halt production of its 737 MAX aircraft is starting to trickle down its supply chain.
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Ad Tech's Consolidation Continues as Cadent Acquires 4INFO The close of 2019 saw a flurry of ad tech merger and acquisition activity, as connected television has become a must-have capability. Just two days into the new year and the deals are still flying as Cadent, the advanced...
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The Most Captivating Brand Campaigns We Saw on Social Media in 2019 For the past decade, brands have been capitalizing on the pervasiveness of social media in consumers' daily lives and shopping habits. And this past year was no different. Social media analytics company Unmetric found th...
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Franklin Financial CEO J. Myers Jones is trying to reduce his company's exposure to shared national credits and health care loans, which have enjoyed solid yields but come with a downside.
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The Market Surged Last Year. Don't Expect the Same in 2020.

The New York Times - 2 Jan 2020 00:45
The Market Surged Last Year. Don't Expect the Same in 2020. Stocks and bonds do not have as much room to rise this year, and Wall Street has been busy trying to rein in expectations.
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The bank is leaning on its direct API relationships with the major data aggregators rather than letting third parties ask customers for usernames and passwords to access account information.
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BEFORE LG EXECUTIVES mull a new product, corporate types in South Korea like to joke, they first ask themselves: "Has Samsung already done this?" Only if the answer is "yes" does the country's fourth-biggest conglomerate...
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Felix, Little Man and other beloved Los Angeles logos Some other favorite Los Angeles logos include designs for Felix Chevrolet and, of more recent vintage, the Snap Inc. ghost.
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Chinese property giant Dalian Wanda is cutting back on its investment in a local soccer team that has attracted an unlikely rush of global talent.
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The US Economy in 2020: Data Paint An Unclear Picture The Organisation for Economic Co-operation and Development, (OECD), the intergovernmental organization representing 36 of the top world economies, forecasts the lowest GDP growth since the 2008-9 recession, around 3%.
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Travelex Currency-Exchange Network Shut Down by Virus Attack

Wall Street Journal - 2 Jan 2020 22:08
The company, ubiquitous in international airports, resorted to calculators to keep money flowing after a virus crippled the company's operations, leading to a shutdown of its ATMs, website and app.
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Watching the Dismissive Nature That Helps Spread Disinformation Firsthand Last week I sat with my friends to count our blessings and rejoice in the season of winter festivals. It will not surprise you to learn that we had some unexpected guests: the president of the United States along with th...
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Samsung's new Family Hub refrigerator taps AI to keep tabs on groceries, and to recommend recipes and shopping list items.
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Robotics startup Trifo announced Lucy, its latest autonomous home vacuum, alongside a $15 million series B funding round.
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The combined game industry grew 3% to $120.1 billion in 2019, according to SuperData. Fortnite generated $1.8 billion in the year.
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Is U.S. Bancorp's Stock Fairly Priced?

Forbes - 2 Jan 2020 15:30
Is U.S. Bancorp's Stock Fairly Priced? U.S. Bancorp (NYSE: USB) stock has rallied nearly 35% since the beginning of 2019 thanks to the bank's better-than-expected performance in each of the last three quarters. However, global macroeconomic headwinds surround...
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OALP-IV was the first round on revamped terms approved in February 2019.ONGC signed contracts for the seven blocks at an event where Oil Minister Dharmendra Pradhan and other ministry officials were also present
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A new under-counter wireless charger can be hidden under virtually any surface, within furniture, enabling fast charging of Samsung and Apple phones.
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Ahead of the 2020 Consumer Electronics Show, Google took the wraps off of new hardware in its growing Coral device family.
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