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Business News

Location American Business News for 24 April 2020
How Does Aviation Build Its Future? By Abandoning Hope And Telling The Truth For as long as we continue to hope that things will get back to normal, we are deluding ourselves and the world. We need to be honest about the future for avation
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AuthorDigital has raised $5.5 million and set up a new game studio called Adept Games in partnership with investor Super.com.
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A buzzy fintech firm that pitches individuals access to investments normally limited to large institutions is under fire from dozens of customers.
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Singapore's richest man is getting $1 billion richer each month from selling ventilators REUTERS/Khaled Abdullah/File Photo Singapore's wealthiest man Li Xiting is already $4.3 billion richer this year. He's now worth $13.5 billion, according to Bloomberg data. Xiting is the co-founder of a medical devices c...
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What Not To Wear For An Online Interview

Forbes - 24 Apr 2020 04:47
What Not To Wear For An Online Interview You should approach a video interview exactly as you would an in-person interview, including the way that you dress.
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The U.S. House of Representatives overwhelmingly approved a $484 billion coronavirus relief bill on Thursday, funding small businesses and hospitals and pushing the total spending response to the crisis to an unprecedent...
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Grocers Hunt Meat as Coronavirus Hobbles Beef and Pork Plants

Wall Street Journal - 24 Apr 2020 00:10
Grocers Hunt Meat as Coronavirus Hobbles Beef and Pork Plants U.S. grocers are struggling to secure meat, looking for new suppliers and selling different cuts, as the pandemic cuts into domestic production and raises fears of shortages.
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The former CEO at The Federal Savings Bank, who faces a bribery charge in connection with loans to President Trump's onetime campaign chief, is seeking to keep evidence from his phone out of the upcoming trial.
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Coronavirus Crimps Some CEO Salaries but Not All

Wall Street Journal - 24 Apr 2020 19:53
Coronavirus Crimps Some CEO Salaries but Not All A Wall Street Journal analysis found that chief executives at 184 companies within the S&P Composite 1500 have announced temporary reductions in their salaries, ranging from 10% to 100%.
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Businesses fear lawsuits amid coronavirus reopening, US Chamber chief says American businesses are worried about getting sued as some prepare to reopen amid the coronavirus crisis, the head of the US Chamber of Commerce says. Businesses are “anxious” about reopening because the pandemic has...
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What rowing solo across the ocean teaches you about solitude Roz Savage rowed solo across three oceans, so she knows a thing or two about isolation—and resilience. Roz Savage has rowed solo across three oceans—the Atlantic, the Pacific, and the Indian—in a small boat. She ea...
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Bitcoin Soars to Its Highest Level Since Crashing in March Bitcoin hit $7,600 on Thursday, its highest level yet since crashing in early March. The cryptocurrency climbed more than 10% during the last 24 hours spurred by the return of leveraged money. Bitcoin cash (BCH), ethereu...
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The 3 Stages Of Coronavirus Grief: Flatten, Fight, Emerge Introducing the three stages of coronavirus grief, and what investors see coming in the final stage.
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The senators are asking the Small Business Administration to investigate a report that banks prioritized small business aid loan applications from wealthier clients.
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With 737 Max And Pandemic, Boeing's Q1 Results, Outlook Expected To Be Turbulent Things were already shaky for Boeing (BA) when it couldn't supply the aircraft its customers needed. Now the situation is arguably even worse because customers might not need more planes for the time being.
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How The Coronavirus Is Already Repricing The World What will be the longer-term fallout of the coronavirus be on the economy, the markets and society?
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Glassbox Faces Off Against IBM Spinoff In $500B Customer Experience Analytics Market With banking moving 100% online, Glassbox is poised to keep growing. Can Acoustic, an IBM spin-off keep up?
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Treasurys Hold Gains Amid Appetite for Safer Assets

Wall Street Journal - 24 Apr 2020 21:48
U.S. government bond prices held firm Friday, reflecting continued demand for safer assets among investors concerned about the possibility of a slow recovery from a deep economic contraction.
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A growing number of AI models suggest that social distancing and quarantining are helping to reduce the spread of the novel coronavirus.
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Federal Budget Deficit Will Approach $4 Trillion In 2020, CBO Says, As The Economy Continues To Nosedive The national debt is on track to eclipse the value of the entire economic output of the United States.
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Six companies contacted by CNBC who took the loans said they had no plans to return small business and PPP funds.
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ONEOK Dividend Yield Pushes Past 13%

Forbes - 24 Apr 2020 21:09
ONEOK Dividend Yield Pushes Past 13% In trading on Friday, shares of ONEOK were yielding above the 13% mark based on its quarterly dividend (annualized to $3.74), with the stock changing hands as low as $27.48 on the day.
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