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Business News

Location American Business News for 10 January 2020
Clear Partners With Former Major Champ To Play Its High-End Golf Balls Former Masters champion Charl Schwartzel has signed on to play Clear's golf balls after missing most of the 2019 golf season due to a wrist injury. It's the company's first deal with a player on the PGA or European tours...
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Americans say 3 roadblocks stand in the way of saving enough for retirement Toshi Sasaki/Getty Images In a survey from Kiplinger and Personal Capital, Americans said that high health insurance costs, disappointing investment performance, and debt are keeping them from saving for retirement. Risi...
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Once banned, credit card surcharges gain momentum

American Banker - 10 Jan 2020 04:00
Though many merchants remain wary of alienating their customers with fees, others now see an opportunity to recoup the growing costs associated with accepting plastic.
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Grubhub: No plans for a company sale

New York Post - 10 Jan 2020 03:19
Grubhub: No plans for a company sale Grubhub shares plummeted more than 8 percent in late trading Thursday after the food-ordering company said it's not on the auction block despite reports to the contrary. “While our policy is not to comment on rumors, g...
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Carlos Ghosn: "I was not in a musical box"

Forbes - 10 Jan 2020 19:49
Carlos Ghosn: The most popular theory on how the former CEO of Nissan Carlos Ghosn snuck out of Japan was that he hid in a case for musical audio equipment.
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A New Tequila Brought To You By Local Farmers How one brand of tequila is rewarding the hard-working farmers responsible for its production.
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The Promise of Sustainable Aviation Fuel Isn't for Today

Wall Street Journal - 10 Jan 2020 13:19
The Promise of Sustainable Aviation Fuel Isn't for Today Since electric and hybrid planes won't work at scale for decades, the aviation industry's journey toward a greener future will need to be powered by sustainable fuels. But those with the most promise today might not be g...
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Electric scooter-rental startup Lime is laying off roughly 14% of its workforce as it pulls out of a dozen markets in the U.S. and abroad, the latest downscaling in an unprofitable industry.
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The world's shares hit a record high on Friday as a relief over de-escalation of U.S.-Iranian tensions quickly prompted investors to bet on faster global growth, especially in the technology sector.
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Greenwich hedge fund WorldQuant axes 130 staffers as quants struggle It's another bad day for hedge-fund quants. Greenwich, Conn.-based WorldQuant has reportedly laid off about 130 employees and shuttered five overseas offices at the 750-person, $7.5 billion firm, which had been operating...
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Money-Losing Companies Mushroom Even as Stocks Hit New Highs

Wall Street Journal - 10 Jan 2020 00:16
A combination of forces has pushed the percentage of listed companies in the U.S. losing money over 12 month is close to 40%, its highest level since the late 1990s outside of postrecession periods.
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NYU professor Scott Galloway on Oyo: 'When poor judgment looks for quick fixes, corruption can rear its head' Shona Ghosh/Business Insider Scott Galloway, the bestselling author and well-known tech-industry pundit, is a professor of marketing atNew York University's Stern School of Business. The following is his recent blog post...
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The RetroBeat: Missing Myst

Venture Beat - 10 Jan 2020 23:11
Myst was once the biggest game in the world. It's weird how forgotten it seems now.
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Did Kohl's and Amazon's Footfall Deal Fail?

Forbes - 10 Jan 2020 01:07
Did Kohl's and Amazon's Footfall Deal Fail? Amazon's relationship with Kohl's might be turning out to be a win-lose proposition; a win for Amazon, and a lose for Kohl's. Because they appear to still need one another, might there be a more mutually beneficial relat...
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A court in Shenzhen, China, has ruled that an article produced by AI is protected by copyright, representing a notable milestone for AI as a creative force.
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Appian Makes A Play For RPA (Robotic Process Automation) The deal looks like a great fit-and is a recognition of how the industry is quickly evolving.
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Some experts assert that measuring driverless systems' progress by miles is a flawed approach -- but some sort of regulation is needed.
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Newly Independent Fitzgerald & Co Appoints a New CCO Leadership changes are afoot at Fitzgerald & Co, better known as Fitzco, the Atlanta-based agency whose founder and chairman David Fitzgerald bought it back from IPG earlier this week. Ryan Boblett has taken on the role ...
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Is Electric Flight Aviation's Next Era Of Innovation? When history looks back, it might view 2019 as the year we got serious about electrified air travel. A number of startups and major companies are already creating promising products and prototypes.
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ProBeat: A smart speaker does not a smart home make

Venture Beat - 10 Jan 2020 20:30
How should we define a smart home? Not by the devices that we own in our home but rather by what they are doing for our home.
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Shares of Six Flags Entertainment Corp. plummeted Friday toward their biggest-ever one-day decline after the theme park operator warned of a fourth-quarter revenue shortfall and said its partner in China has defaulted on...
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CES is now larger than 72 Best Buy stores put together, with countless companies and announcements to cover -- too much for busy decision-makers to process.
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