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Business News

Location American Business News for 4 March 2020
At the time of his departure from the race, after spending $570 million on ads, Bloomberg had amassed just 31 pledged delegates, meaning he had spent about $18 million per delegate earned.
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Box Office: Kevin Hart Is The Last Comic Standing While the likes of Will Farrell and Melissa McCarthy struggle to pull in theatrical moviegoers, Kevin Hart remains a viable box office draw.
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Biden Rally: Dow Gains Over 1000 Points On Surprise Super Tuesday Results The healthcare sector was a big winner during Wednesday's rally.
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China Opens a Coronavirus Bond Spigot, and Companies Rush In

Wall Street Journal - 4 Mar 2020 14:00
The coronavirus epidemic has sparked a bond bonanza in China, with financial institutions and companies rushing to sell debt at low interest rates.
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Why Corona Beer’s silence is the best possible response to coronavirus memes and discussion Brand Twitter has conditioned us to expect as much communication as possible, but here the beer brand is playing it right. As the spread of coronavirus continues, with more than 90,000 cases and 3,000 deaths, it’s rath...
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Plan, don't panic: Strategic small businesses can weather coronavirus outbreak Coronavirus could have a vast impact on travel, conference and entertainment industries, but it's early yet, so there's time to get a plan in place.       
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US airlines won't need bailout despite coronavirus woes "We're going to run just like business as usual with a little higher heartbeat," said US Chamber of Commerce chief Tom Donohue.
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Fed's $100 Billion Repo Intervention Falls Short Of Bank Demand Big banks' demand for central bank cash remained very strong on Wednesday, leading the Federal Reserve Bank to add a fresh $100 billion to the financial system.
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Market Meltdown Has Surprising Survivor: Junk Bonds

Wall Street Journal - 4 Mar 2020 15:00
High-yield bonds include the debt of Kraft Heinz are weathering the coronavirus scare better than stocks, underscoring the difference in investor expectations between the two markets.
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Fallen Angels Test Coronavirus-Stricken Bond Markets

Wall Street Journal - 4 Mar 2020 14:34
The Federal Reserve's surprise interest-rate cut didn't assuage equity investors' concerns about the impact of the coronavirus, yet it seems to have stabilized trading in corporate bonds.
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9 savings strategies to boost your finances

USA Today - 4 Mar 2020 13:03
If you're struggling to save or want to save more than your usual amount, here are nine strategies to help you meet your savings goals.       
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Lego Commits to China Expansion as Revenue Climbs

Wall Street Journal - 4 Mar 2020 10:23
Lego Commits to China Expansion as Revenue Climbs Lego said it will open 150 new stores this year, mostly in China, after opening the same number last year--pushing to meet what it says is that country's growing demand for its toy bricks.
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Bloomberg Spent $60 Million On Facebook Ads --And Just $1,600 On American Samoa, The Only Primary He's Won The billionaire and former New York City mayor was heavily criticized for attempting to buy the presidency.
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Ultrapreneur Doreen Sullivan Setting Creativity In Motion For Over Three Decades Ultrapreneur Doreen Sullivan has been setting creativity in motion for over three decades and is currently setting the cannabis industry on fire like a well-waxed hemp wick.
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There's Still A Gender Gap In Startup Funding--But Efforts To Move The Needle Are Stronger Than Ever A new report by Crunchbase reveals that women-owned businesses are making progress in venture capital funding, but they still lag behind male-owned or female/male co-founded businesses. An emergence of inclusive-minded i...
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Clearview AI is working with the FBI, authoritarian governments, and businesses like Macy's and Best Buy. Angry? Learn more about privacy and regulation.
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Uber peeled back the curtains on VerCD, the tool it uses internally to develop the AI models underpinning its self-driving cars.
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Major Wine Fairs Postponed Due To Coronavirus Three important wine industry gatherings in Europe have recently been called off; among the first was ProWein.
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Roller Champions is the new free-to-play future-sport from Ubisoft, and it's getting a limited test on PC that kicks off in March.
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What is a port? A miserable little pile of touchscreen controls! At least if its Castelvania: Symphony of the Night coming to mobile, which happened today.
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Amazon announced features heading to Alexa devices in March 2020, including alerts for severe weather and NBA highlights on devices with screens.
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Th IBM and Promare will trial a prototype of an AI-powered maritime navigation system ahead of an attempt to send a crewless ship across the Atlantic.
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