Business News
35% Downside For DuPont Stock?
Forbes - 7 May 2020 12:30Working Parents, Save Time for Hobbies
Harvard Business Review - 7 May 2020 14:35
Now more than ever, it’s vital to relax, recharge, and reconnect.
2 McDonald's employees were reportedly shot in Oklahoma City after informing two customers the dining room was closed due to COVID-19
Business Insider - 7 May 2020 03:57
Tim Boyle/Staff/Getty Images Two McDonald's employees were shot in Oklahoma City after some potential customers reportedly became angry that they could not eat inside, KWTV, the local CBS affiliate, reported Wednesday ni...
Hollywood Hills Mediterranean with the right makeup seeks $5.5 million
L.A. Times - 7 May 2020 21:56
A Mediterranean Revival-style home once owned by noted makeup artist Percival "Perc" Westmore is for sale in the Hollywood Hills for $5.495 million.
Neiman Marcus Files For Chapter 11 Bankruptcy
The Huffington Post - 7 May 2020 16:38
The coronavirus crisis forced the retailer to temporarily shut down dozens of its stores for the past month.
JetBlue reports loss, revises Airbus orders to save $1 billion through 2022
Reuters - 7 May 2020 14:07
JetBlue Airways Corp on Thursday posted a $268 million quarterly loss as the coronavirus pandemic hurt air travel demand, and revised its order book with Airbus SE to save $1.1 billion in aircraft spending through 2022.
I transfer money to my savings account then pretend it doesn't exist, and that strategy paid for a $4,000 European vacation
Business Insider - 7 May 2020 21:02
Westend61/Getty Images My savings strategy is simple: I transfer money out of my checking account into an online savings account with a higher rate of return — and then pretend it doesn't exist. I learned this strategy...
Turkey Blocks Foreign Banks in Attempt to Stem Currency Slide
Wall Street Journal - 7 May 2020 20:11
Citigroup, BNP Paribas and UBS are blocked from processing lira transactions as Turkey's currency hits a record low against the dollar.
Unskilled American Somehow Still Employed
The New Yorker - 7 May 2020 19:06
Andy Borowitz jokes about the fact that Jared Kushner remains working, even though many millions of other Americans have lost their jobs during his mismanagement of the coronavirus pandemic.
UFC 249 Preview, Pick And Prediction: Tony Ferguson Vs. Justin Gaethje
Forbes - 7 May 2020 13:00China's Auto Market Rumbles Back to Growth
Wall Street Journal - 7 May 2020 12:0575 Companies Back Facebook Libra's Competitor Celo
Bitcoin.com - 7 May 2020 04:15
Celo, a competing project to Facebook’s Libra cryptocurrency, has added 50% more new members to its alliance, bringing the total number of supporting organizations to 75. Some Celo members are also supporters of the Li...
Uber to Lay off 3,700 Employees as Coronavirus Upends Sharing Economy
Time - 7 May 2020 03:56
Companies whose business models bank on people's willingness to share their personal space are now struggling
Sinclair Broadcasting Agrees to Pay Record Penalty to End FCC Probes
Wall Street Journal - 7 May 2020 01:53Bankers forced to play guessing game as loan deferrals mount
American Banker - 7 May 2020 20:48
Lenders that scrambled to grant forbearance as the coronavirus pandemic took hold are unsure about the extent of potential losses.
Lyft shares surge 25 percent amid vows to slash costs
New York Post - 7 May 2020 19:30
Lyft shares surged more than 25 percent after the ride-sharing giant posted higher-than-expected revenue and vowed to slash costs in order to achieve profitability. The San Francisco-based rival to Uber reported first-qu...
Mall owner Brookfield will spend $5 billion to save retailers
CNBC - 7 May 2020 19:06
Property and mall owner Brookfield Asset Management is targeting spending $5 billion to help struggling retailers, as the retail industry reels from the coronavirus pandemic, the company announced Thursday.
The best beach hotels in Los Angeles
Business Insider - 7 May 2020 16:40
One of the biggest draws of the Los Angeles area is the region's beautiful beaches and coastline along the cobalt-blue Pacific Ocean. Some of LA's best hotels are found throughout the coastal region, in beach towns like ...
Mining Company Alleges Diamond Trader Stashed Money in New York Real Estate
Wall Street Journal - 7 May 2020 16:32
Brazilian mining company Vale is turning to a U.S. court to obtain information related to its allegations that Israeli diamond trader Beny Steinmetz made undisclosed investments in New York City real estate.
Europe Seeks Greater Powers to Tackle Its Money-Laundering Problem
Wall Street Journal - 7 May 2020 15:06
The EU said it wants to boost the continent's power to fight money laundering following a series of scandals that have made Europe a center of financial crime.
When Small Investors Ruled the Municipal-Bond World
Wall Street Journal - 7 May 2020 11:30
Municipal-bond purchases of $100,000 or less surged in mid-March as the coronavirus crisis prompted big money managers to dump billions of dollars in bonds.
Bloomberg to Pay $5 Million to Settle SEC Probe of Brokerage Practices
Wall Street Journal - 7 May 2020 02:17
A subsidiary of Bloomberg LP agreed to pay $5 million to settle regulatory claims that it executed some clients' stock trades in a way inconsistent with its customer disclosures.