Business News
Wall Street Week Ahead: U.S. data deluge to underscore divide between roaring market, plunging economy
Reuters - 9 May 2020 04:23
A week packed with U.S. economic data is likely to provide investors with more evidence of the extent to which the coronavirus pandemic has hit growth, sharpening the debate on whether a rebound in stocks has been justif...
Chinese Court Rules Bitcoin Is Asset Protected by Law
Bitcoin.com - 9 May 2020 22:05
A court in Shanghai, China, has reportedly ruled that bitcoin is an asset protected by Chinese law in a case that has dragged on for years. The case involves a theft of two different cryptocurrencies, one being bitcoin, ...
2 Arrested in Fatal Shooting of Family Dollar Guard in Flint, Mich.
The New York Times - 9 May 2020 03:13
The authorities said the two men had been sought since May 1 in the shooting death of a security guard at the store in Flint, Mich.
How To Play The Fed For Cheap 5.2% Dividends
Forbes - 9 May 2020 15:39A former editor at the Observer says Kushner's claim of coronavirus 'success' stems from his inability to empathize with other people's grief
Business Insider - 9 May 2020 07:00
Win McNamee/Getty An editor who worked for Jared Kushner at the New York Observer described him as lacking empathy and unable to understand grief, in a recent Washington Post op-ed. Elizabeth Spiers recounted an incident...
Eight Graduates Plan for an Uncertain World
Wall Street Journal - 9 May 2020 04:00
Many of those leaving college this spring, including a budding epidemiologist have had plans changed by the coronavirus. Members of the Class of 2020 speak about what's next.
How to Ace Your First Job After College. Remotely.
Wall Street Journal - 9 May 2020 04:00
The American workplace is suddenly a very different place. New college graduates must adapt if they hope to start careers on the right foot.
Pfizer to outsource some drug production, focus on coronavirus vaccine
Reuters - 9 May 2020 03:44
Pfizer Inc said on Friday it is in talks to shift more of its medicine production to outside contractors as it prepares for large-scale production of an experimental vaccine to prevent COVID-19, should it prove safe and ...
These Two Groups Of Employees Need New Stimulus Checks More Than Most
Forbes - 9 May 2020 03:29Google Will Let Employees Work From Home Until The End Of 2020
Forbes - 9 May 2020 01:31Borrowers may fall shy of PPP forgiveness standard, SBA watchdog warns
American Banker - 9 May 2020 00:09
The Small Business Administration's Inspector General also flagged a number of shortcomings in the implementation of the Paycheck Protection Program.
IonQ CEO Peter Chapman on how quantum computing will change the future of AI
Venture Beat - 9 May 2020 23:22
IonQ CEO Peter Chapman explains how quantum computing overlaps with Strong AI and potential machine learnign improvements.
60,000 people headed to Georgia after it allowed some businesses to open -- and it led to the exact scenario researchers warned could make matters worse
Business Insider - 9 May 2020 16:31
Jessica McGowan/Getty Images 62,441 people visited from Georgia from neighboring states as the state re-opened some businesses, according to research from the University of Maryland. The biggest influx came from Florida,...
Paycheck Protection Program may have left minority business owners behind due to an implementation failure
CNBC - 9 May 2020 15:33
The inspector general also found the SBA and Treasury Department issued requirements for loan forgiveness that do not align with law.
U.S. small business rescue program ignored Congress: watchdog
Reuters - 9 May 2020 02:13
The U.S. government's $660 billion program to rescue small businesses hit by the coronavirus pandemic thwarts the intention of Congress by making it hard for some borrowers to convert loans to grants and failing to prior...
For Renters And Landlords, The Worst Might Be Yet To Come
Forbes - 9 May 2020 01:42South Dakota Governor demands Sioux tribes 'immediately' remove COVID-19 checkpoints because they interfere with traffic
Business Insider - 9 May 2020 23:44
Associated Press South Dakota Gov. Kristi Noem sent letters to two Sioux tribes May 8 demanding they remove all COVID-19 checkpoints within 48 hours or face legal action. The governor said the checkpoints interfere with ...
The top 7 movies on Netflix this week, from 'Den of Thieves' to 'Dangerous Lies'
Business Insider - 9 May 2020 19:54
Netflix This week's most popular movies on Netflix include its original thriller "Dangerous Lies" and "Den of Thieves." Netflix introduced daily top lists of the most popular titles on the service in February. Streaming ...
At least 3 New York children have died from a mysterious, possibly coronavirus-related inflammatory illness which can cause heart trouble
Business Insider - 9 May 2020 19:05
Francesco Pecoraro/Getty Images New York Governor Andrew Cuomo on Saturday said at least three children have died in New York from a rare condition that's being linked to the coronavirus. The illness, called "pediatric m...
Carlyle, GIC Back Away from AmEx Global Business Travel Deal
Wall Street Journal - 9 May 2020 15:41
Private-equity firm Carlyle Group and Singapore sovereign-wealth fund GIC are backing away from a deal to take a 20% stake in American Express Global Business Travel, whose revenue has plummeted as a result of the corona...
Investors are rushing into gold to maximise returns during the pandemic, but analysts urge investors to "take a breather"
Business Insider - 9 May 2020 11:02
Michael Dalder/Reuters Hedge funds are betting on gold as a way to maximize returns during the unprecedented monetary and fiscal stimulus. But James Richman, chief executive and chief investment officer at JJ Richman sai...
FA Center: Everything you know about growth and value stocks is about to flip
Market Watch - 9 May 2020 04:08
Skilled active investment managers now have a huge opportunity to add value, writes Mark Hulbert.