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Business News

Location American Business News for 13 February 2020

How To Fire A Really Nice Person

Forbes - 13 Feb 2020 15:00
How To Fire A Really Nice Person Terminations and layoffs are never fun.But they are all the worse when you're faced with letting go of someone you genuinely like. It's much easier to fire jerks! So what do you do when faced with parting ways with a nic...
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To address immediate market demand but allow time for the project to be done right, the official leading implementation of FedNow says the central bank envisions an initial release in 2023 or 2024 followed by subsequent ...
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Mattel Inc reported a rise in adjusted quarterly profit on Thursday as the company kept a tight leash on costs, even as holiday season sales of its flagship Barbie brand in North America were pressured by Hasbro Inc's "F...
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Walmart to Scale Back Jetblack After Investor Talks Fizzle

Wall Street Journal - 13 Feb 2020 17:06
Walmart to Scale Back Jetblack After Investor Talks Fizzle Walmart Inc. is restructuring its Jetblack personal shopping service, as some of the talks it held with potential investors last year have ended, according to people familiar with the situation.
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Drug Prices Suppressed Overseas, White House Study Finds

Wall Street Journal - 13 Feb 2020 14:30
Drug Prices Suppressed Overseas, White House Study Finds Foreign governments are accused of taking unfair advantage of American drug company research and U.S. consumers.
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How Softbank CEO Masayoshi Son turned Sprint into the telecom war's latest casualty Sprint is about to become the latest casualty of the US telecom wars -- and it's partly thanks to a temperamental, impulsive Japanese billionaire. When Sprint was acquired by Japan-based SoftBank in 2013, it was the nati...
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Mac software threats climbed more than Windows, but Malwarebytes conceded most threats were not considered as dangerous as traditional malware.       
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Asian stock markets wobbled on Thursday while safe-havens such as the yen, gold and bonds rose as the number of new coronavirus cases and deaths in the outbreak's epicenter jumped.
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Billionaire Jeff Bezos Buys Historic Beverly Hills Estate For Record $165 Million The richest man in the world has reportedly paid $165 million for media magnate David Geffen's Beverly Hills estate, setting a new record for a Los Angeles-area home.
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How Angela Ruch Juggles Babies And NASCAR's Truck Series An interview with the No. 00 Chevy driver
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Dark Clouds and a Silver Lining for Alibaba

Wall Street Journal - 13 Feb 2020 17:24
The coronavirus outbreak will certainly break Alibaba's recent momentum, but it could eventually boost some of its e-commerce businesses.
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Amazon Prime Day is a full 48 hours this year, running from July 15 to 16 -- here's what you need to know Alyssa Powell/Business Insider Amazon's sitewide Prime Day sales event happens every year in mid-July. The dates for Prime Day 2020 have not been announced. Last year, Prime Day lasted 48 hours. The event has been gettin...
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Tesla Inc. shares fell Thursday, after the electric-car maker said it is planning to offer about $2 billion of common stock in an underwritten deal.
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The British pound and U.K. government bond yields shot higher Thursday in reaction to the surprise resignation of Sajid Javid as chancellor, as markets anticipate more spending from the Boris Johnson-led government.
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The holding company of Italian fashion brands Liu Jo and Blumarine aims to list on the stock market within two years, chief executive and founder Marco Marchi said on Thursday.
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U.S. stocks on Thursday pull back from record territory after China, following a change in methodology, reported a sharp rise in COVID-19 cases and deaths.
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FDA says the insulin pumps can deliver the wrong amount of insulin, a potentially serious health hazard.
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Why The Green Bay Packers Must Draft A Defensive Lineman Early Green Bay Packers' nose tackle Kenny Clark had a big year. The rest of the defensive line did not.
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Agora.io Offers Video Features Designed To Be Included In Retail Apps Agora.io, a platform for voice, video and live streaming, helps retailers interact with consumers around the world through mobile devices. The solution provider's technology can be integrated directly into proprietary ap...
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The Dow and other stock market benchmarks keep reaching new highs. Financial experts suggest rebalancing your 401(k) and IRA portfolios at least once a year. CBS News business analyst Jill Schlesinger joined "CBSN AM" wi...
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Samsung isn't updating one of its best phones from last year, and it proves how different its strategy is from Apple's (AAPL) Hollis Johnson/Business Insider Samsung didn't launch a successor to last year's less expensive Galaxy S10e when it unveiled its Galaxy S20 lineup, and it also increased the prices of its flagship smartphones. That's a d...
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Tesla Inc made an about-turn on Thursday by announcing plans to raise $2 billion in a stock offering as the electric-car maker taps into an astronomical jump in its share price in the past few months.
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