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Business News

Location American Business News for 3 January 2020
Like Trump, Clinton also launched an Iraq airstrike as his impeachment inquiry was heating up Getty/Getty Social media users are pointing out the similarity between President Donald Trump's impeachment, and that of former President Bill Clinton's more than two decades ago. A New York Times front page from Decembe...
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On-device AI is making security cameras smarter and faster than ever before, as shown by the glass breaking and human detection features of these options.
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Comerica CEO won't rule out acquisitions

American Banker - 3 Jan 2020 04:00
While his focus is on organic growth in Texas and California, Curt Farmer says he would consider a deal in those states if the right one comes along.
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Regulators worry insurers are underplaying the dangers of a product tied to the performance of the U.S. stock market
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Fed's Barkin Says He's Hopeful Uncertainty Is Declining

Wall Street Journal - 3 Jan 2020 18:05
Fed's Barkin Says He's Hopeful Uncertainty Is Declining An otherwise healthy economy's future prospects would be helped if there was less uncertainty about what lies ahead, Federal Reserve Bank of Richmond President Thomas Barkin said Friday.
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Asian shares fell on Friday, erasing early gains, while oil prices spiked after U.S. air strikes in Iraq killed a top Iranian commander, heightening geopolitical tensions.
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Will We See A U.S. Recession In 2020?

Forbes - 3 Jan 2020 03:22
Will We See A U.S. Recession In 2020? What can we learn about the chance of a U.S. recession next year? We review the key data to monitor.
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Will Concord Be The Bay Area's Next Tech Hub? Concord, just 29 miles East of San Francisco, may host the Bay Area's next tech boom. That is, if the city can finalize the purchase of the former Concord Naval Weapons Station.
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Group applies to form new bank in Dallas

American Banker - 3 Jan 2020 17:54
Organizers of TYME Bank aim to take advantage of consolidation taking place around Texas.
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Tesla Met 2019 Delivery Goal With Model 3's Overseas Rollout

Wall Street Journal - 3 Jan 2020 16:30
Tesla Met 2019 Delivery Goal With Model 3's Overseas Rollout Tesla delivered 112,000 electric vehicles in the final three months of last year, enough to meet Chief Executive Elon Musk's ambitious growth goal for 2019.
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UnionPay expanded to about 1 million more overseas merchants last year This story was delivered to Business Insider Intelligence Payments & Commerce subscribers earlier this morning. To get this story plus others to your inbox each day, hours before they're published on Business Insider, cl...
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Exxon Mobil Corp expects a gain of $3.4 billion to $3.6 billion from the sale of its Norwegian oil and gas production assets to significantly lift results for the fourth quarter, according to a regulatory filing on Frida...
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Assassination Of Iranian General Soleimani Expect more violence in the middle east following the assassination of Iran's most prominent and proficient General.
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6 Predictions for the Future of Artificial Intelligence in 2020 The business world's enthusiasm for artificial intelligence has been building towards a fever pitch in the past few years, but those feelings could get a bit more complicated in 2020.
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Turkish private aircraft operator MNG Jet said on Friday that its planes were used illegally in the escape from Japan of ex-Nissan boss Carlos Ghosn, adding it had filed a criminal complaint.
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BuzzFeed Edges Closer to Profitability After Tough Year

Wall Street Journal - 3 Jan 2020 12:00
BuzzFeed Edges Closer to Profitability After Tough Year BuzzFeed has spent the past 12 months working to stabilize itself after a tumultuous start to 2019 in which it was forced to lay off 250 people.
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Brent crude futures jumped close to $3 on Friday to their highest since September after a U.S. air strike killed key Iranian and Iraqi military personnel, raising concerns that escalating Middle East tensions may disrupt...
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Illinois Pot Vendors Score $3.2 Million On First Day Of Legal Weed Sales State officials called Jan. 1 "a historic new day" as people spent millions on newly legalized recreational cannabis.
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Exxon Wins Rare Reprieve From U.S. Sanctions Fine

Wall Street Journal - 3 Jan 2020 01:40
Exxon Wins Rare Reprieve From U.S. Sanctions Fine U.S. District Judge Jane Boyle's ruling this week voids a $2 million fine the U.S. Treasury Department had imposed on the oil giant in July 2018 for allegedly violating U.S. sanctions on Russia.
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Airlines Contend With Fallout of U.S. Strike

Wall Street Journal - 3 Jan 2020 23:40
Airlines Contend With Fallout of U.S. Strike Escalating tensions between the U.S. and Iran buffeted airlines Friday, with concerns about higher fuel costs hitting share prices and several carriers suspending flights in the region.
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Innocean USA Hires Chief Operating Officer From Siltanen & Partners Innocean USA has hired Tim Murphy as chief operating officer. In the role, Murphy will be responsible for day-to-day operations and growth strategy, overseeing brand management, strategy, data science, media and experien...
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Buffalo Bills At Houston Texans: 2020 NFL Playoffs Schedule, Odds And Wild Card Predictions The Houston Texans (10-6, No. 4 AFC) will host the Buffalo Bills (10-6, No. 5 AFC) in the opening matchup of the 2020 NFL Playoffs.
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