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Business News

Location American Business News for 13 January 2020
Report: Thinx menstrual underwear has toxic chemicals in the crotch A University of Notre Dame scientist finds significant levels of PFAS, a group of potentially harmful chemicals, in Thinx menstrual underwear. An intrepid reporter for Sierra, the Sierra Club’s magazine, has uncovered�...
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Drugmakers Test New Ways to Pay for Six-Figure Treatments

Wall Street Journal - 13 Jan 2020 12:35
Drugmakers Test New Ways to Pay for Six-Figure Treatments Drugmakers, facing increased resistance to high prices of many new drug therapies, are trying out new reimbursement models that depend on collecting more and better patient data.
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Have We Outgrown the Need for Affirmative Action?

The New Yorker - 13 Jan 2020 13:00
Have We Outgrown the Need for Affirmative Action? Louis Menand on the past and future of a long-embattled policy.
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11 bankers and disruptors to watch in 2020

American Banker - 13 Jan 2020 04:30
Can Charlie Scharf fix what ails Wells Fargo? How will Kelly King and Bill Rogers manage the integration of the biggest bank merger since the early 2000s? And will New Jersey Gov. Phil Murphy be able to beat back opposit...
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Banks try pooling resources to help defray AML costs

American Banker - 13 Jan 2020 04:00
A North Carolina group is trying to take regulators' cue to work together. A successful effort could encourage others to follow its lead.
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As Store Footprint Grows, Five Below Will Likely Launch National Advertising in 2021 Retail chain Five Below is likely to begin a national advertising campaign sometime in 2021, said Christiane Pelz, the company's vp of investor relations. At the ICR Conference 2020 in Orlando, Fla., Five Below CEO Joel ...
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Once Asking $125 Million And Layered With Hollywood History, An 18,000 Square Foot Home Now Asks $82M Head of the Olympic Committee for LA 2028, Casey Wasserman is selling his massive house built on land owned by Frank Sinatra and his legendary Hollywood mogul grandfather
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What A $500,000 House Looks Like In The Nation's Top Cities Two lucky Super Bowl views could get $500,000 toward their dream home. Here's what that home might look like in the nation's biggest cities.
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Real Estate's Shiny New Tech Doesn't Amount to Much in New Campaign for Re/Max There are all kinds of tools out there to buy a home. And while the newer companies like Redfin, Zillow and Compass tout ease of use and potential savings, buying a home is a huge investment, and having a qualified real-...
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Will Manchester United Finally Sign Bruno Fernandes Or Will It Be Another False Dawn? The winter transfer window badly needs a boost. Could it come from Manchester United signing Bruno Fernandes?
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Pearl Jam Couple New Album 'Gigaton' With North American Tour Dates The grunge-era survivors will play 16 shows in 14 North American cities beginning in March.
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Why Planet Fitness Made a Peloton Pivot for New Year's Eve At the end of 2019, the industry and culture were consumed will all things Peloton. The brand's widely mocked holiday ad was a PR nightmare and fodder for one of the year's best ads. Ryan Reynolds' Aviation Gin took adva...
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Less Research Is No Problem for Investors

Wall Street Journal - 13 Jan 2020 14:26
Hedge funds are cashing in on an unintended consequence of European financial regulations on investment research: Less information about some stocks.
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Corporations Outside of Tech Ramp Up Venture Investing

Wall Street Journal - 13 Jan 2020 13:00
Corporations Outside of Tech Ramp Up Venture Investing Large technology companies have long maintained startup-investment programs, but now corporations across many non-tech industries are plowing more money into startups.
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Saudi Aramco said it netted an additional $3.8 billion from its record initial public offering as it sold more shares to meet investor demand, boosting Crown Prince Mohmmed bin Salman's war chest to reshape the country's...
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Rent the Runway CEO Says Transparency About Logistics Problems Boosted Brand Loyalty When clothing rental company Rent the Runway first came on the scene in 2009, there were few brands like it on the market. And because of the company's pioneering approach to fashion, CEO and founder Jennifer Hyman said,...
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New U.S. Rule Limits When Two Companies Share Liability for Labor-Law Violations The Labor Department regulation will make it more difficult for workers to claim to have two employers simultaneously in cases where they are challenging wages and overtime.
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'Inequality in a nutshell' -- Alexandria Ocasio-Cortez says the Dow's record high is meaningless for many Americans AP Photo/Cliff Owen, File Rep. Alexandria Ocasio-Cortez argued a record high for the Dow Jones Industrial Average underlines the problem of stagnant US wages. In a tweet on Sunday, she highlighted the widening wealth gap...
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Carbon Offsets Really Can Reduce Greenhouse Gases In The Atmosphere One concern expressed by respondents is that carbon offsets don't really work to reduce atmospheric carbon dioxide.
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Carnegie Mellon researchers say they've developed an AI system that detects positive comments about disenfranchised groups in online posts.
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Analysts continue to debate the 5G standards Apple's iPhone 12 models will support, but one thing's clear: they'll likely resemble Samsung's 2019 phones.
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U.S. Calls Pensacola Naval Base Shooting an Act of Terrorism

Wall Street Journal - 13 Jan 2020 22:00
U.S. Calls Pensacola Naval Base Shooting an Act of Terrorism The U.S. is expelling 21 Saudi military students from a training program amid an FBI investigation into a deadly shooting at a Florida Navy base last year, Attorney General William Barr said Monday, for the first time de...
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