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Business News

Location American Business News for 11 April 2020
These 8% Dividends Are Circling The Drain. Sell Now. Right now, thousands of Americans are making a mistake that threatens to lock in the losses they've suffered in this downturn.
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'There's just no way anybody could have enough capital set aside to handle the kind of payments that servicers could have to make.'
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The United States has approved 661,000 loans to small businesses totaling $168 billion under a program to address the fallout from the novel coronavirus epidemic, White House economic adviser Larry Kudlow said on Friday.
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Many small businesses have already furloughed or laid off workers or cut back hours to reduce pay. Some fear this makes them ineligible for the coronavirus rescue package.
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Saudi Arabia's Crown Prince and Russian President Vladimir Putin reviewed in a telephone conversation on Friday the efforts to achieve stability of energy markets to support the growth of the global economy, Saudi state ...
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Death Industry Is No Safe Haven in a Pandemic

Wall Street Journal - 11 Apr 2020 16:30
Funeral and cemetery providers would seem to have a reliable and possibly even enhanced stream of business during the Covid-19 pandemic, but they can be pinched in other ways.
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New York City Schools Will Stay Closed Until September, Mayor Says New Yorkers won't be going back to school anytime soon.
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See the 15 leading coronavirus treatments already being tested in COVID-19 patients Crystal Cox/Business Insider Researchers are trying a wide range of existing drugs against the novel coronavirus, hoping to find a treatment that fights the virus or alleviates patients' symptoms. These repurposed drugs ...
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As Crude Oil Gets Hit Hard, Big Players Barrel Towards Bankruptcy As these unusual times continue to wreak havoc across various industries, crude oil certainly hasn't been spared.
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U.S. aero parts maker Triumph Group Inc said it was furloughing about 2,300 employees across its U.S. and European plants for two to four weeks to cut capacity linked to Boeing commercial aircraft programs amid the coron...
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California unemployment agency to increase hotline hours for claims amid coronavirus Californians out of work following the state's implementation of a stay-at-home order to fight the coronavirus have flooded the Capitol and social media in the last week with complaints of having to make dozens of calls ...
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Hayes' Scary Warning: Bitcoin Price Could BitMEX CEO Arthur Hayes says another plunge in the US stock market could drop Bitcoin price as low as $3,000
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Pilots Say FedEx Medical Supply Flights From China Need More Safety Guarantees FedEx pilots say a newly implemented program to deliver critical medical supplies from China may collapse without better safety guarantees.
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More than $700 million was invested in game startups in the first quarter, though that amount is down from the year-earlier period.
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How can these two things - double-digit unemployment and double-digit stock gains - be true at the same time?
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IPG CEO Michael Roth Addresses Layoffs and Cost-Cutting Across IPG Agencies IPG CEO Michael Roth sent a memo to all IPG agencies Friday addressing cost-cutting measures taken across the holding company. While trimming in most areas of the business proved to be helpful, Roth noted that some of IP...
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Call of Duty: Warzone is Activision’s most successful post-launch content for a Call of Duty game, with more than 50 million downloads for the free-to-play battle royale mode in just a month. And yes, I’m one of thos...
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Advice For Brazil's Bolsonaro: Fight The Coronavirus, Not The Media Bolsonaro's disdain for the media has taken his war against the coronavirus to the wrong battlefield.
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How Has Bitcoin Performed During The Crisis? Some view Bitcoin as a safe-haven asset, has it behaved like one?
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Planning a virtual event is very different from planning an in-person one. These are the key elements to getting it right.
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Trying to continue animal rescue efforts and adoptions has become increasingly difficult in the wake of social restrictions due to the Covid-19 outbreak.
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Farmer's Double Whammy: Tariffs And Now Coronavirus American's can be complacent regarding where our food comes from. With farmer's financial livelihood at stake, there are potentially major disruptions to the food supply if prices remain depressed.
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