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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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Shares in betting firms plunge over suggested £2 cap in online casinos Investors in bookmakers stage major sell-off after regular says it may slash maximum stakes Shares in gambling companies have plunged in value by hundreds of millions of pounds after the industry regulator said it would ...
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JCB cuts working hours for 4,000 UK employees as coronavirus hits suppliers JCB has become the first big UK manufacturer to cut production as a result of the coronavirus outbreak hitting suppliers in China.
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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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The three cease and desist orders and one written agreement had cited separate concerns at JPMorgan Chase, Discover, Deutsche Bank and RBS.
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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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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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Why Credit Card Debt Is At An All-Time High, While Unemployment Is At A 50-Year Low Call it the "portion size effect:" Americans borrow more money when banks give out bigger credit lines. Historically, in the United States and around the world, household debt has been at its highest when the unemploymen...
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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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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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Congressional Budget Office Releases New Estimates For Income-Driven Repayment A new study released by the Congressional Budget Office (CBO) gives a new look at income-driven repayment plans for federal student loans.
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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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