Business News
Final Crisis? Diamond Comic Distributors Halts Shipments Of New Comics In Response To COVID-19 Shutdowns
Forbes - 24 Mar 2020 19:29
The fragile network of comic retailers faces an unprecedented threat that could topple the entire comics publishing industry.
Citigroup will temporarily close up to 15% of U.S. branches
Reuters - 24 Mar 2020 18:41
Citigroup Inc said on Tuesday it will temporarily shutter up to 15% of its U.S. branches amid the coronavirus outbreak.
Nike's revenue beats as North America, Europe offset China sales drop
Reuters - 24 Mar 2020 22:35
Nike Inc beat Wall Street estimates for quarterly revenue on Tuesday, powered by demand in North America and Europe that blunted the drop in China sales due to the coronavirus-fueled shutdowns.
Coronavirus crisis rocks airlines and planemakers
Reuters - 24 Mar 2020 14:57
The grounding of virtually all flights by Europe's largest budget airline and European air traffic data on Tuesday highlighted the enormity of the shock to aviation industries from the coronavirus now emptying skies arou...
Metal Prices Boosted By A South African Move To Close Its Mines
Forbes - 24 Mar 2020 09:43
A major "outage" event, the closure of South Africa's big mining industry for 21 days, is expected to flow into the prices of a wide range of minerals and metals.
Paxful Becomes First P2P Exchange to Partner With Chainalysis
Coin Desk - 24 Mar 2020 08:00
Paxful exchange is trying to give peer-to-peer platforms a better name by onboarding crypto intel tools from Chainalysis
Costco adds twice-weekly senior hour, beginning this week, to help meet coronavirus shopping demands
USA Today - 24 Mar 2020 04:19
Costco Wholesale Club is starting a twice-weekly senior shopping hour amid the coronavirus. The hour will be from 8 to 9 a.m. Tuesdays and Thursdays.
5 Essentials For Leading In Troubled Times
Forbes - 24 Mar 2020 20:45
Easy to become fearful and easy to get distracted with worry and anxiety. However, there is always opportunity and even when it feels like the world is falling apart, the resourceful and resilient can minimize the impact...
Citadel's flagship fund turns a profit
New York Post - 24 Mar 2020 19:34
Citadel, the Chicago-based hedge fund giant led by billionaire Ken Griffin, has so far weathered the coronavirus market storm well, turning a slight profit in its flagship Wellington hedge fund for the year through Monda...
COVID-19 Puts Experiential Careers on Hold For Young Talent
AdWeek - 24 Mar 2020 18:52
Ashley Lawrence, a digital marketing professional in the live music and festival space, was slated to start her new job as a marketing project manager for a Live Nation-affiliated festival two weeks ago. That same week, ...
A green-minded stimulus to save the economy from coronavirus? This group thinks it has the $2 trillion answers
Market Watch - 24 Mar 2020 18:00
If the pandemic-hit economy needs a fix, why not skip the patch-up job and fix it for the long haul? That's the view of environmental advocates who have penned a detailed $2 trillion proposal that gives a nudge to last y...
Xiaomi overtaking Huawei shows how the coronavirus could change logistics for smartphone vendors
Business Insider - 24 Mar 2020 17:05
Chinese smartphone vendor Xiaomi bested its home-market rival Huawei to become the world's third-largest smartphone vendor by shipments in February 2020, according to Strategy Analytics datacited by GSMArena. YouTube/MKB...
Brookfield Billionaire Bruce Flatt Hunts For Deals On Public Stock Markets
Forbes - 24 Mar 2020 16:36
With takeovers up in the air, Brookfield says it's looking at public markets for bargains.
Popeyes gives away Netflix passwords in tone-deaf campaign during coronavirus pandemic
Fast Company - 24 Mar 2020 16:00
A health and economic crisis, with stay-at-home orders and vulnerable frontline workers, and this is the brand’s response? Amid the coronavirus crisis, smart brands and companies have read the proverbial room and large...
Big Run Studios raises $1.4 million for casual mobile games
Venture Beat - 24 Mar 2020 15:00
Big Run Studios has raised $1.4 million in seed round funding, led by leading game and tech investor Galaxy Interactive via its Galaxy EOS VC Fund.
Is Bitcoin Becoming an Alternative For Wall Street Investors?
Crypto News - 24 Mar 2020 14:32
Following the last few weeks carnage in the financial markets, bitcoin (BTC) may be starting to look like a viable alternative for some of the capital that is leaving Wall Street. A "decoupling" of bitcoin prices from th...
These 10 graphs show how iPhone downloads have changed as the coronavirus spreads (APPLE)
Business Insider - 24 Mar 2020 14:25
Getty Images Communication tools like Zoom and Microsoft Teams have seen downloads spike as people are encouraged or ordered to stay in their homes due to the coronavirus. Data from AppFigures shows how categories like e...
Everything You Need To Know About Student Loans During Coronavirus
Forbes - 24 Mar 2020 05:13
Here are the secrets.
Mortgage Firms Brace for Wave of Missed Payments
Wall Street Journal - 24 Mar 2020 04:44Papa John's Plans To Hire 20,000 Workers During Coronavirus Outbreak
Forbes - 24 Mar 2020 03:51
Papa John's announced today that it plans to hire 20,000 workers to deal with the rising demand for pizza delivery across the country. The coronavirus outbreak has closed dine-in options at restaurants and forced more co...
SoftBank shares jump 20% on record buyback announcement
Reuters - 24 Mar 2020 03:44
SoftBank Group Corp stock jumped 20% on Tuesday, extending a run that began a day earlier when the Japanese tech investor announced up to $41 billion in asset sales and a record share buyback to shore up its collapsing s...
House Democrats would give airlines, contractors $40 billion bailout
Reuters - 24 Mar 2020 03:24
Democratic U.S. lawmakers on Monday proposed giving struggling U.S. airlines and contractors $40 billion in cash grants that would not have to be paid back but require significant new environmental, labor and other condi...