Business News
Bets Against the Stock Market Rise to Highest Level in Years
Wall Street Journal - 19 Apr 2020 11:30
Short sellers have revived their wagers against the stock market in recent weeks, taking their most aggressive positions in years.
Weekend Attack Drains Decentralized Protocol dForce of $25M in Crypto
Coin Desk - 19 Apr 2020 06:30
dForce appears to have lost control of $25 million in bitcoin and ether held in its decentralized lending protocol.
Virus Maroons Some Recreational-Vehicle Nomads
Wall Street Journal - 19 Apr 2020 14:04Stocks This Week: Buy United Health Group And Sell Short American Airlines
Forbes - 19 Apr 2020 04:27
Stocks are likely to consolidate early in the week before moving higher.
5 Startup Launch Milestones You Can Hit Within 2 Months
Forbes - 19 Apr 2020 02:04
A lot can happen in two months, especially for an early-stage startup. Here are five milestones every entrepreneur can hit, no matter the business model, industry, or target buyer.
Governors Call Out Trump For Siding With Stay-At-Home Protesters
TPM - 19 Apr 2020 23:14
Governors took issue with President Trump’s call for states with stay-at-home orders to “LIBERATE” residents from social distancing guidelines, during...
What To Watch This Week: 'My Brilliant Friend,' 'Middleditch & Schwartz' And The NFL Draft
Forbes - 19 Apr 2020 22:25
You don't have to keep watching "The Office" over and over again.
Airlines, Tech to Headline Earnings Week
Wall Street Journal - 19 Apr 2020 18:00How Ruth's Chris Got an Extra Helping of Small Business Aid Money
Wall Street Journal - 19 Apr 2020 18:00South Africa Proposes 30 Rules to Regulate Cryptocurrency
Bitcoin.com - 19 Apr 2020 15:15
South Africa’s top financial regulators, including the South African Reserve Bank, have jointly released a policy paper with 30 recommendations for the regulation of cryptocurrency and related service providers. They a...
Fanatics Founder's Celebrity Challenge Raises $10 Million To Feed America During Coronavirus
Forbes - 19 Apr 2020 14:25
Leonardo DiCaprio, Ellen DeGeneres, Tom Brady, Peyton Manning, Drake and dozens of other celebrities joined Fanatics Michael Rubin to raise money for coronavirus relief efforts through auctions on one-of-kind experiences...
Why are stocks soaring as the economy melts down? Thank the Fed.
Business Insider - 19 Apr 2020 14:05
Pablo Martinez Monsivais/AP The stock market climbed for a second straight week, ignoring gloomy economic forecasts and bleak data as traders find a silver lining in the Federal Reserve. In recent weeks, the Fed has used...
Exclusive: Neiman Marcus to file for bankruptcy as soon as this week - sources
Reuters - 19 Apr 2020 12:59
Neiman Marcus Group is preparing to seek bankruptcy protection as soon as this week, becoming the first major U.S. department store operator to succumb to the economic fallout from the coronavirus outbreak, people famili...
Citigroup Cutting Ties With Scaramucci's Hedge Fund of Funds
Wall Street Journal - 19 Apr 2020 04:12
Citigroup's private bank decided to sever its relationship with Anthony Scaramucci's SkyBridge Capital and expects to see clients redeem $100 million over time.
U.S. Economic Growth Will Be Worse Than EU And China
Forbes - 19 Apr 2020 23:00
Barclays Capital cut the U.S. growth forecast. it's now one of the three worst-hit economies by the new SARS coronavirus.
The Recession Mantra For The New Normal: "Go For The No"
Forbes - 19 Apr 2020 22:11
In a pandemic, cash is king - SMBs must do everything possible to accelerate & preserve their cash flows, including saying, "No" to potential sales
Poll of NYC VCs shows hope for early-stage startups
Venture Beat - 19 Apr 2020 21:12
A survey of early stage VC firms in NYC suggests investors remain surprisingly optimistic.
From Hard-Shell To Chef-Driven: A New Book Traces America's Taco Journey
Forbes - 19 Apr 2020 21:09
Jose R. Ralat's new book tells the story of tacos across the United States.
Is The Worst Of The Crisis Over?
Forbes - 19 Apr 2020 19:43
With the bear market rally now a month long it is clear that not all stocks have joined the party. Technical analyst Tom Aspray looks at the current market action and whether it still looks typical of a bear market rally...
A $100 Billion Breather: China Banks Give Borrowers a Coronavirus Debt Holiday
Wall Street Journal - 19 Apr 2020 19:00
China has dodged a wave of coronavirus-related defaults with a large, coordinated effort by regulators and banks to allow companies and individuals defer their loan payments.
Coronavirus, Economic Meltdown And The World Of Impact: Insights From Lauren Cochran Of Blue Haven Initiative
Forbes - 19 Apr 2020 18:39
How are investors and entrepreneurs in sub-Saharan Africa addressing the challenges they face? For answers, we talked to Lauren Cochran, a managing director at Blue Haven Initiative, whose primary focus is on that region...
Despite The Recent Selloff, U.S. Stock Valuations Remain Elevated
Forbes - 19 Apr 2020 17:20
A 15% selloff hasn't done much to alter the long-term prospects for returns. Here's why.