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Business News

Location American Business News for 9 February 2020
Real Oscar Winner: IRS, Collecting Tax On Each $225,000 'Gift' Bag Companies pay a fee to donate goodies which nominees get for free. Everyone wants celebs to show off their gear, but celebs have to report it all as income to the IRS? How will IRS know? Imagine an IRS Form 1099 for $225...
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Stocks This Week: Sell Short Bank Of America And Buy VISA Here are trading recommendations for the coming weeks.
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That first day when Google started assigning IARC ratings...we rated more games that day than we had in the entire history of the ESRB.
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We did the math to calculate how many hours it takes America's top CEOs to make what their workers earn in one year AP Photo/Mark Lennihan While it's not surprising that CEOs make a lot more money than their employees, the massive extent of that pay gap can sometimes be overlooked. US companies are required to publish their chief exec...
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How Love Can Be One Of The Biggest Drivers Of Business Success People are constantly told to do what they love. That's not great career advice, but the things you love really can push you in the right direction.
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Trump Administration Is Not Trying To Save The Coal Industry, New Energy Secretary Says Coal will probably continue to decline as a fuel for U. S. power plants, the secretary of energy said Friday, but it might prove to be a source for rare earth elements needed in batteries to back up renewables.
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Bitcoin Breaks Through $10,000 To Set Fresh 2020 High Bitcoin exceeded the $10,000 price level today. Will it head toward $11,000 next?
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How you should store tax documents, cash in case of natural disasters You never know when a pandemic, blackout, superstorm, fire or cyberattack will come.
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Paying with a debit card is leaving money on the table, and 4 more reasons I only ever pay with credit Vladimir Vladimirov/Getty Images I never pay for things with a debit card because I prefer to use my credit card, where I'm always getting the equivalent of 2% back or more on my purchases. Credit cards also offer better...
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Mattel Closes Factories, as Toy Slump Weighs on Supply Chain

Wall Street Journal - 9 Feb 2020 16:00
Mattel Closes Factories, as Toy Slump Weighs on Supply Chain Mattel said it has closed two factories in Asia and plans to close one in Canada, as it reduces its sprawling manufacturing footprint to cut costs.
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Earnings Preview: What To Expect From MELI On Monday MercadoLibre is expected to report a loss of ($0.66)/share on $669.79 million in revenue.
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Tesla could get state subsidies in its plan to set up a gigafactory in Germany, the country's economy minister told a weekly newspaper.
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The smart way to approach your IP strategy

Venture Beat - 9 Feb 2020 20:25
You start the process by identifying critical business decisions you need to make and the outcomes you want to achieve over the next couple of years.
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Will Smith's 'Bad Boys 3' Races Toward More Box Office Milestones 'Bad Boys For Life' is still on track to be the first "new" January release to ever earn over $200 million domestic.
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PRESENTING: Relationship experts share the 12 warning signs that can predict divorce Netflix No one can say with 100% certainty that a couple is heading for divorce. However, social scientists have gotten pretty good at predicting who'smost likelytowind up there.These couplesshare certain commonalities �...
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4 types of money mistakes that will stand in the way of building wealth Max Mumby/Indigo/Contributor/Getty Images After five years of studying people at opposite ends of the wealth spectrum, I was able to identify behavior patterns that lead to bad money decisions. Those patterns include let...
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San Francisco's Sea Cliff neighborhood, where Twitter CEO Jack Dorsey owns $30 million worth of homes, is a parade of oceanside mansions. Here's what it's like inside. Katie Canales/Business Insider On the northwest corner of San Francisco is the exclusive neighborhood of Sea Cliff. It was founded in 1913 as one of the city's residence parks, or makeshift suburbs. It's become one of Sa...
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Earnings Preview: What To Expect From Under Armour On Tuesday Under Armour is expected to report earnings of $0.10/share on $1.47 billion in revenue. Meanwhile, the so-called Whisper number is $0.12/share. The Whisper number is the Street's unofficial view on earnings.
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The local government of the city of Shenzhen in southeastern China said on Sunday it had not blocked plans by Apple supplier Foxconn to resume production, adding that the company would restart once inspections were compl...
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Gaming's TV ad spend drops nearly 88% in January

Venture Beat - 9 Feb 2020 16:16
After a big holiday season, the gaming industry took it easy on TV advertising in January, with an estimated total spend of a mere $6.3 million, an 87.72% drop from December.
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A parking space in a garage in San Francisco is selling for $100,000 Bill Williams A parking space in San Francisco is on the market for $100,000. The tenants of the apartment were previously renting the space for $300 per month. The space is selling separately from the apartment at the s...
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Exor in Talks to Sell Reinsurer for About $9 Billion

Wall Street Journal - 9 Feb 2020 16:11
Exor in Talks to Sell Reinsurer for About $9 Billion Exor, the holding company of Italy's Agnelli family, is in advanced talks to sell reinsurance company PartnerRe to French insurer Covéa Coopérations in a deal that could value PartnerRe at about $9 billion, according t...
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