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Business News

Location American Business News for 12 April 2020
Wells Fargo mortgage offices in India may be black eye for bank during coronavirus lockdown Wells Fargo's sprawling back offices in India, struggling to process residential mortgage deals amid a coronavirus lockdown, may be the next black eye for America's beleaguered third-largest bank, mortgage lenders famili...
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OPEC, Allies Look to Resolve Saudi-Mexico Standoff

Wall Street Journal - 12 Apr 2020 15:04
OPEC, Allies Look to Resolve Saudi-Mexico Standoff OPEC and its allies are set to hold an emergency conference call Sunday as it inches closer to resolve a standoff between Saudi Arabia and Mexico that threatens to unravel a multinational agreement to help reverse an oil...
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Matt Gallagher, the 37-year-old leader of Parsley Energy, wants fellow Texas oil producers to support a mandated production cut, as an industry where wildcatters frown at government intervention deals with a steep drop i...
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Why Do Bear Market Rallies Occur?

Forbes - 12 Apr 2020 13:37
Why Do Bear Market Rallies Occur? Despite the economic uncertainty and the imminent start of the earnings season the stock market had its best week in 45 years. This has many wondering if this is a new bull market or just a bear market rally. Others wond...
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The European Union's competition chief told the Financial Times that member countries should buy stakes in companies to counter the threat of Chinese takeovers, with her comments coming as the EU formulates plans to prot...
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In Photos: World Celebrates Easter Remotely, In The Shadow Of Coronavirus As worshippers stay home, empty churches and lonely easter egg hunts are the new normal.
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How Mike Conley Can Win ESPN's HORSE Tournament Sunday night will mark the debut of ESPN's NBA HORSE tournament, and Utah Jazz point guard Mike Conley will be among the eight participants. Here are the shots he should use to emerge victorious.
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Tough times ahead for small business owners

CBSNews - 12 Apr 2020 15:20
According to the U.S. Chamber of Commerce, nearly a quarter of small businesses (which employ more than half of all U.S. workers) may close permanently within two months without a financial lifeline
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Spain's Lawmakers Plan to Provide Basic Income to Low-Income Residents Spain is preparing to provide universal basic income (UBI) to low-income individuals due to the wrath of the coronavirus, the country’s minister for economic affairs Nadia Calviño recently explained. There’s no set ...
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Check Your Balance: Has Your Stimulus Check Arrived? Did your stimulus check arrive already?
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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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Wider Closed-End Fund Discounts Have Historically Been A Good Sign, Should You Bite? Currently closed-end fund discounts appear relatively wide, does that make them attractive to investors?
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Young Shale CEO Asks Texas to Curb Oil Output as Coronavirus Cuts Prices Matt Gallagher, the 37-year-old leader of Parsley Energy, wants fellow Texas oil producers to support a mandated production cut, as an industry where wildcatters frown at government intervention deals with a steep drop i...
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5 Ways To Launch Your Startup Faster

Forbes - 12 Apr 2020 02:40
5 Ways To Launch Your Startup Faster Agility, efficiency, decisiveness and adaptation are how today's successful entrepreneurs beat startup's low success rates. Here are five ways to launch your startup faster without working day and night.
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The biggest supply cut ever contemplated by the world's top oil producers is hanging in the balance as a refusal by Mexico's leftist leader to imperil his plans to rebuild state oil company Pemex has angered the Saudi pr...
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When Will Your Retirement Nest Egg Rise Again To Recover Its Losses? Does the past reveal how long it will take for the market to fully recover for its current drop? And will if matter if the economy enters the expected recession, no matter how bad it is?
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Zombie Airlines Are Flying Into The Arms Of The Government US airlines are being zombified, and willingly flying into the arms of the government. This is the first step towards a massive restructuring of the industry.
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GOOD NEWS: This 17-Year Old's Nonprofit Is Delivering Food To Boomers In 12 Cities (And He Started 3 Weeks Ago) In 3 weeks, Danny Goldberg's Zoomers To Boomers organization has expanded to 12 cities, worldwide
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No, You Might Not Get A $1,200 Stimulus Check Will you get a $1,200 stimulus check?
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Stocks This Week: Buy American Tower And AON Here are two stocks that will outperform the market in this rally.
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Great Depression Economics 101: What Historical Numbers And Charts From The Great Depression Foretell About The Economy And Stock Market Historical economic trends from the Great Depression provide useful information for estimating the the depth and duration of the current contraction, along with associated stock market risk.
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What Can We Learn From The Recent Stock Market Rally? After a historic market rally, what does market history tell us about the path forward?
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