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Business News

Location American Business News for 17 April 2020
Up to 21 million people who used services like TurboTax and H&R Block for tax filings face a stimulus check delay REUTERS/Gary Cameron People who filed taxes using H&R Block, TurboTax, and Jackson Hewitt faced a delay receiving their $1,200 stimulus checks. The IRS didn't have the information on file for people who used those or sim...
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More than 80 million Americans are expected to get their stimulus money this week, according to the Treasury Department.
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Lululemon CFO Latest Finance Chief To Exit Amid COVID-19 Upheaval Lululemon Athletica announced late Thursday the departure of the company's finance chief, the latest in a string of CFO resignations from prominent businesses in recent days.
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Where Did All The Toilet Paper Go? The Behavioral Economics Of Hoarding Hoarding, especially of toilet paper, appears widespread. What explains this and what can we do about it?
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The US Army just gave a contractor with a history of GOP donations $569 million to build parts of Trump's border wall Matt York/AP The US Army Corps of Engineers has reportedly doled out over a half a billion dollars to a federal contracting firm to build sections of Trump's border wall at an above-market rate. The Daily Beast reported ...
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Charlie Munger: 'The Phone Is Not Ringing Off the Hook'

Wall Street Journal - 17 Apr 2020 16:00
The Berkshire Hathaway vice chairman has always preached the value of being prepared to pounce when there are bargains to be had. Has that time come?
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Real estate investment in China fell 7.7% in the first three months of 2020 from a year earlier, official data showed on Friday.
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Morgan Stanley Chief Executive Officer James Gorman told shareholders on Thursday he "can promise" the bank will miss its medium-term financial targets again in the current quarter, as the economic shutdown caused by the...
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Multiple CEOs on Trump's new council say they were not aware of plan to reopen economy Some states could be ready to open as soon as Friday, the president said.
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Look, I'm not trying to suggest that the Episode I game is some massive hidden gem. But it has some merit worth discussing.
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Microsoft's Surface tablets have benefitted from trackpad keyboard add-ons for years. Now it's the iPad's turn to get in on the action, thanks to Logitech.
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Six Numbers That Show How Hard The Travel Industry Is Being Hit By The Coronavirus Shutdown 8 million jobs will be lost in the U.S. alone by the end of April.
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Zoox released a video of one of its cars driving around San Francisco for an hour. Here's what it reveals about the company's progress.
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Jim Simons's algorithm-run firm has outperformed most funds so far this year.
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In China's Post-Pandemic Recovery, Beware Of A 'False-Dawn' The historic contraction in China's real GDP should stand as a warning to the U.S. post-pandemic.
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Treasurys Maintain Recent Gains, Sending Note of Caution

Wall Street Journal - 17 Apr 2020 20:34
U.S. government bond yields traded at the bottom of their recent range despite another rally in stocks, underscoring the two markets' growing divide over the economic outlook.
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Sean Stamm: Tactile President Royal Eureka Cannabis Company His Current & Future State Cannabis, which I like to refer to as weed, has been a part of my life since before I can remember. As the child of two idealist back to the land baby boomers who found their paradise in the hills of the Mattole Valley n...
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The rollout of the federal forgivable loan program was anything but simple for small-business owners. However, self-employed people and independent contractors got the short end of the stick.
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Don't Chase Gold Prices

Forbes - 17 Apr 2020 19:30
Don't Chase Gold Prices The gold futures and SPDR Gold Trust (GLD) have had a good run to the upside but there were signs to take partial profits this week. Where should prices find support?
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Privacy concerns aside, there are too many obstacles for Apple and Google's contact tracing tool to be effective. Here's why they still should build it.
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Macron Admits It: Coronavirus Biggest Test For EU Unity Yannis Varoufakis, ex-FinMin of Greece, says France, Italy, Spain should essentially hold the EU hostage until it agrees to trillion euro bond.
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Add Crypto And Blockchain To Zoom? Vonage Founder Jeff Pulver On The Next Evolution In Communication Internet pioneer Jeff Pulver is working on the decentralized blockchain-based cryptographically-secured communications platform of the future.
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