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Business News

Location American Business News for 4 May 2020

Krave Jerky Reunites With Founder in Private Equity Deal

Wall Street Journal - 4 May 2020 13:00
Krave Jerky Reunites With Founder in Private Equity Deal The founder of Krave has bought back the artisanal meat jerky brand from Hershey through his private-equity firm, Sonoma Brands.
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Which Airline Stock Is Likely To Take Off First: Alaska Air Or JetBlue? The stocks of Alaska Air Group and JetBlue Airways have dropped nearly 60% since early February after the WHO declared the coronavirus outbreak a global health emergency. The airline industry has been worst affected by t...
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What You Can Do Now To Maximize Paycheck Protection Loan Forgiveness Getting a loan is just the first hurdle. Once business owners get financing, they must then figure out how to use the funds in a way that maximizes loan forgiveness.
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Adweek Exclusive: How the Sports World United to Honor the Pandemic's 'Real Heroes' One of the WWE's highest-profile superstars, John Cena, has made a career of being self-referential, in the cheekiest way, often showing up for matches in T-shirts with his own face plastered across his impressively ripp...
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Reliance Industries Ltd said on Monday private equity firm Silver Lake will invest 56.56 billion rupees ($746.74 million) in its digital arm, giving it a valuation of 4.90 trillion rupees.
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The collapse of the Boeing-Embraer JV last week has led to talk of an Embraer pivot to China. This would be a very unlikely development.
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Oil was up 3% on Monday as more countries announced they would begin easing coronavirus lockdowns and as crude supply cuts by the world's top producing nations and companies take hold.
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Stocks This Week: Sell Short General Dynamics And Cummins Here are two stocks to shart in a weak market.
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Sensor Tower has raised $45 million from Riverwood Capital for its business of providing market intelligence for mobile apps.
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Silver Lake to Invest $750 Million in Jio Platforms

Wall Street Journal - 4 May 2020 04:53
Private-equity firm Silver Lake is nearing a deal to invest $750 million in Indian telecommunications and technology giant Jio Platforms, a unit of Reliance Industries.
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U.S.-Stock Funds Rose 13.5% in April

Wall Street Journal - 4 May 2020 04:13
Monthly Monitor: At most other times, investors would be giddy. In this case, the market's April rally was merely a time to exhale.
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Stock-Picking Robots Take on Humans in New Study

Wall Street Journal - 4 May 2020 04:10
The buy recommendations of robo analysts outperformed those of human analysts in a new study by Indiana University researchers.
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Global Stock Markets Could Predict Economic Future Post Covid-19 Global stock markets and investors command more computing power, better software, faster networks, and the intense focus of tens of millions of individuals betting their own money.
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Czech carmaker Skoda Auto, part of the Volkswagen Group , reported a 25% drop in first-quarter operating profit on Monday, but said the biggest hit from the coronavirus outbreak would come in the second quarter.
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Sustainable Funds Fell Less During the Selloff

Wall Street Journal - 4 May 2020 04:13
It is only a short period, but ESG funds held up a bit better than the overall market during the coronavirus-fueled stock drop.
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It might say something about how index funds perform in a crisis. Or it might be less significant.
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The ETFs That Might Offer Protection in a Market Plunge

Wall Street Journal - 4 May 2020 04:05
If you want to insulate your portfolio from sudden declines, what types of stock ETFs protect you best? A George Mason professor crunches the data.
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How Thrift And Fearlessness Helped An LA Fashion Brand Outsmart Coronavirus House of Woo's pivot holds lessons for entrepreneurs that will apply long after the virus has been brought to heel.
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The U.S. Treasury Will Borrow A Record $3 Trillion This Quarter As Stimulus Spending Soars Many lawmakers have sounded the alarm about taking on more debt to pass another rescue package.
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Shareholder Virtual Meetings Fraught By Problems, Contend Institutional Investors "Public company shareholder meetings are public events and involve public disclosure, and prospective shareholders and other market participants should be able to listen" the Council of Institutional Investors asserts.
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The Fed Did Nothing--But Powell's Verbal Pivot Meant Everything It's odd for a central bank that's about to face double-digit unemployment to stand pat at an official monetary policy meeting.
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What If Buffett Is The One Swimming Naked?

Forbes - 4 May 2020 21:51
What If Buffett Is The One Swimming Naked? What if when the tide of doom and gloom recedes, Buffett is left standing naked, falling further and further behind index funds?
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