Business News
The Man Behind the Plan to Remake FedEx
Wall Street Journal - 12 Mar 2020 11:30Buffett and Occidental: We've Seen This Movie Before
Wall Street Journal - 12 Mar 2020 12:30
Occidental boss Vicki Hollub's hubris delivered a rich payday to Warren Buffet's Berkshire Hathaway in an echo of its deal with Dow Chemical in the financial crisis.
Nine Years Later, 312 Day Still Brewing Strong
Forbes - 12 Mar 2020 19:20
Back in 2011, the brewers at Goose Island Beer Co. were getting antsy, as Chicago winter's can be brutal, so in the middle of March, they decided to take the day off and enjoy Chicago's pre-Spring weather.
A Guarded Generation: How Millennials View Money and Investing
Wall Street Journal - 12 Mar 2020 06:05
The Great Recession and college costs have left young adults loaded with debt and cynical about the markets.
Champions League: Paris Saint-Germain Overcome Dortmund And Mental Barrier
Forbes - 12 Mar 2020 01:29
The French champions overturned a first-leg deficit to reach the last eight.
Roku Axes Its Live NewFronts Presentation
AdWeek - 12 Mar 2020 20:56
More companies are bowing out of their live presentations at NewFronts. Roku, the connected TV player and platform that is slated to present at the NewFronts for the first time this spring, has opted to cancel its in-per...
Market Snapshot: Stock futures sink after Trump announces suspension of U.S.-Europe travel
Market Watch - 12 Mar 2020 02:56
U.S. stock futures dipped late Wednesday, as President Donald Trump addressed the nation following another steep selloff on Wall Street that snapped a more-than-decade-long bull market for the Dow.
The coronavirus is officially a pandemic. Here's what that means, and 8 other outbreaks that got the designation -- or should have.
Business Insider - 12 Mar 2020 23:43
Jason Redmond/Reuters The World Health Organization (WHO) declared the new coronavirus outbreak a pandemic on Wednesday. The last time the WHO declared a pandemic was in 2009 when H1N1 flu swept the globe. Here are all t...
Built For Sports Tourism, Atlanta Will Be Hit Hard Without Final Four
Forbes - 12 Mar 2020 21:40
Atlanta became a sports mecca the last 20 years. The hotels and restaurants around Mercedes-Benz Stadium will take a substantial hit without the Final Four.
Coping, Camaraderie, and Human Evolution Amid the Coronavirus Crisis
The New Yorker - 12 Mar 2020 18:07
Robin Wright writes about the positive ways that people around the world are adapting to the spread of the coronavirus, and what it might mean for future outbreaks.
7 movies that have been drastically impacted by the coronavirus, from 'Mulan' to 'No Time to Die'
Business Insider - 12 Mar 2020 15:38
MGM The coronavirus, which has killed more than 4,000 people, has impacted Hollywood movies. "No Time to Die" and "Peter Rabbit 2" have faced release changes. Other recently released and upcoming movies won't be released...
More coronavirus challenges for banks; RBS delays
American Banker - 12 Mar 2020 14:08
Bankers express confidence despite coronavirus concerns, while consumers ponder cash needs; U.K. will hold off unloading its 62% stake in bank.
The Business World Wakes Up to a Pandemic
The New York Times - 12 Mar 2020 13:20
Businesses are adjusting to a new reality in which everyday social interactions are altered, travel is restricted and general economic activity is limited.
Derby's Take: How Much Could Fed Balance Sheet Grow? Quite A Lot
Wall Street Journal - 12 Mar 2020 11:30Comedian-turned media mogul Byron Allen makes $8.5-billion bid for TV station owner
L.A. Times - 12 Mar 2020 04:47A wild week on Wall Street could get even wilder
New York Post - 12 Mar 2020 04:14
By now you probably understand why stock market bubbles are dangerous. Bubbles are especially unstable when they are caused by the Federal Reserve keeping interest rates artificially low for a very prolonged period of ti...
Bear market fears grip global shares as pandemic declared, eyes on Trump
Reuters - 12 Mar 2020 02:12
Global shares were set for a rocky ride on Thursday as investors tally the economic damage of coronavirus, a day after the U.S. Dow Jones industrials entered bear market territory and world health officials declared the ...
Wall Street Plunge Stresses Banks, Treasury Markets
Wall Street Journal - 12 Mar 2020 02:09
The rout is adding to pressure on U.S. banks as the retreat of investors from risky assets saddles lenders with securities they are struggling to sell at desired prices.
Digi-Capital: Over $4.1 billion invested in AR and VR in 2019
Venture Beat - 12 Mar 2020 23:37
GUEST: Digi-Capital's AR/VR Analytics Platform tracked $4.1 billion in AR/VR investment in 2019, the third-highest virtual reality investment and augmented reality investment year on record after 2017 and 2018. However, ...
Esports is tough: Super League Gaming lost $30.6 million on $1 million in revenue in 2019
Venture Beat - 12 Mar 2020 23:14
Super League Gaming, an esports company that holds events for amateurs, reported that it lost $30.6 million in 2019, on revenues of $1 million.
Vuzix M400 AR glasses add Onsight Cube thermal scanner for coronavirus
Venture Beat - 12 Mar 2020 22:36
A new wearable hardware-camera-software bundle will enable front line screeners to check body temperatures without using their hands or thermometers.
Amazon's AI predicts context from search queries
Venture Beat - 12 Mar 2020 22:05
Amazon researchers describe in a new preprint paper an AI and machine learning system that predicts activities from search queries.