Business News
'MTV Unplugged' Announces New At Home Livestream Series
Forbes - 4 Apr 2020 04:19
'MTV Unplugged at Home' superstar lineup grows with Shaggy, Alessia Cara, Jewel, Melissa Etheridge, Monsta X, Bazzi, CNCO and FINNEAS performing across MTV's social platforms globally.
Warren Buffett's Berkshire Hathaway sold nearly $390 million worth of Delta and Southwest shares this week
Business Insider - 4 Apr 2020 00:40
Kevin Lamarque/Reuters Warren Buffett's Berkshire Hathaway sold nearly $390 million worth of shares in Delta Air Lines and Southwest Airlines this week, new SEC filings show. The billionaire investor's company cut its st...
How '30 Under 30' Startup The Clear Cut Sells Custom Engagement Rings Via Instagram And Zoom
Forbes - 4 Apr 2020 00:37
With many retailers and jewelry stores having to rethink their physical spaces, The Clear Cut is able to sustain their business via social and through their one-to-one direct-to-consumer concierge approach.
Walmart Employees Are Featured in New Spot Set to Enduring Song 'Lean on Me'
AdWeek - 4 Apr 2020 20:48
A new Walmart ad begins airing today featuring its employees singing Bill Withers' 1972 classic "Lean on Me" as a message of hope during the coronavirus pandemic. Walmart said it recently became aware of a video posted b...
Airlines Apply for Government Aid but Say Outlook Is Dire
Wall Street Journal - 4 Apr 2020 03:30JPMorgan sees surge in coronavirus cases after pressuring traders to go to work: report
New York Post - 4 Apr 2020 01:53
JPMorgan pressured its traders to come into work despite a coronavirus outbreak on its Midtown trading floor, a new report alleges — and now nearly two dozen traders are sick and another 65 are in quarantine. In just t...
The Price Of Gold And The Price Of Bitcoin
Forbes - 4 Apr 2020 22:28
Over the past 2 or 3 weeks, the cryptocurrency has come back strong after a long period of decline.
NBA Season Possibly In Jeopardy After Events In China Despite Mark Cuban's Optimism
Forbes - 4 Apr 2020 18:38
The Chinese Basketball Association is further delaying the resumption of its season. How it restarted games was seen as a model for the NBA.
The Trump Organization laid off 1,500 people after it closed over a dozen properties due to the novel coronavirus pandemic
Business Insider - 4 Apr 2020 16:26
Astrid Riecken/Getty Images The Trump Organization has laid off or furloughed around 1,500 employees as a result of closures related to the novel coronavirus, the Washington Post reported. The move mirrors those made lik...
OPEC+ debates biggest-ever oil cut, awaits U.S. efforts
Reuters - 4 Apr 2020 03:12
By Rania El Gamal, Alex Lawler, Vladimir Soldatkin and Laila Kearney
Exxon plays on virus worries in Baytown contract talks: union official
Reuters - 4 Apr 2020 02:47
A union official accused Exxon Mobil Corp on Friday of using "scare" tactics and exploiting economic uncertainty caused by the coronavirus pandemic in negotiations with workers at its Baytown, Texas, refinery, allegation...
Homemade mask sellers have get creative as the CDC sets new guidelines
USA Today - 4 Apr 2020 01:21
Mask makers are seeing an increased demand in home made face masks as the CDC advises all Americans to wear non-medical masks.
Wall Street falls as coronavirus shreds U.S. payrolls
Reuters - 4 Apr 2020 00:53
Wall Street's main indexes fell more than 1.5% on Friday as the coronavirus abruptly ended a record U.S. job growth streak of 113 months, intensifying fears of a deep economic slowdown.
Small Business Owners Frustrated With Failed Paycheck Protection Program Launch
Forbes - 4 Apr 2020 21:58
Small business owners are frustrated at the failed launch of the Payment Protection Program, the small business loan program included in the CARES Act stimulus bill. Banks were not prepared to handle the number of applic...
App developers in post-Covid world: A bleak future, rife with opportunity
Venture Beat - 4 Apr 2020 21:12
With so much consumer reliance on mobile apps, it's easy to hope app developers will be shielded during the current crisis. But they won't.
Dating While Isolating: How Video Chat Is Shaking Up The Industry
Forbes - 4 Apr 2020 20:58
The pandemic has at least temporarily completely rewritten the rulebook, with some dating businesses better equipped than others to re-position themselves following an almost-overnight transformation of social norms.
Intellivision takes more than 10,000 VIP edition preorders for Amico console in a few days
Venture Beat - 4 Apr 2020 19:25
Intellivision Entertainment's Amico retro video game console is proving popular with gamers who are anticipating its October launch.
10 mantras for steering your business through this crisis
Venture Beat - 4 Apr 2020 17:45
Here are 10 important considerations for business leaders who are going through this kind of struggle for the first time.
Malaysia Becomes the Next Country to Approve Cryptocurrency Exchange Amid Covid-19 Crisis
Bitcoin.com - 4 Apr 2020 16:40
Malaysia’s Securities Commission has given full approval to a cryptocurrency exchange operator to legally operate in the country despite the nationwide lockdown due to the coronavirus pandemic. Recently, Japan also app...
OPEC Meeting Is Delayed as Saudi and Russian Tensions Flare
The New York Times - 4 Apr 2020 16:34
The meeting, planned for Monday, had buoyed hopes for a quick deal to end the turmoil in oil markets.
Here's why the depleted cruise line industry will be one of the biggest losers of the new $500 billion corporate bailout program
Business Insider - 4 Apr 2020 16:15
Jorge Delgado/Reuters The $2 trillion stimulus package contained a substantial pot of money for bailouts of large corporations and businesses. But the cruise line industry will be left out since the largest companies are...
Walmart to limit customers in stores to encourage social distancing
New York Post - 4 Apr 2020 16:04
Walmart will begin limiting the number of customers inside stores Saturday to encourage social distancing amid the coronavirus pandemic. Only five customers per 1,000 feet will be allowed in, and workers will be tasked w...