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Business News

Location American Business News for 10 May 2020
UFC 249 Results: Winners, Bonuses, And Analysis Justin Gaethje is the new UFC interim Lightweight Champion. He beat Tony Ferguson to a pulp on Saturday in the main event of UFC 249 in Jacksonville, Florida. In a fan-less VyStar Veterans Memorial Coliseum, Gaethje prov...
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Why Cheap Fuel Can't Stop Air France-KLM Retiring 747 And A340 Air France and KLM are pressing ahead with retiring their A340s and 747s despite low fuel prices diminishing the need for more efficient aircraft.
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Repeat After Me: The Markets Are Not the Economy

The New York Times - 10 May 2020 23:05
Repeat After Me: The Markets Are Not the Economy The two have been intertwined in the American psyche since the 1929 stock crash and the onset of the Great Depression. But stocks are not a reliable gauge of overall economic health.
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Google Turns Demand Management On Its Head To Cut Data Center Emissions Google inverts demand management to transform the way companies consume power in future, particularly those that operate data centres. "Rather than responding to high demand by shutting things off, Google will respond to...
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How to buy a ranch, farm, or land parcel via a site that sells over 10 million acres of property across the US Natalia Bratslavsky/Shutterstock The coronavirus pandemic is expected to accelerate a migration to the suburbs or even more rural areas. Land and Farm, which sells over 10 million acres of property, works just like Zillo...
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Here's a full guide to reopening your workplace, according to top companies like Microsoft, Amazon, and Starbucks (MSFT, AMZN, SBUX, COST) Elaine Thompson/AP A Seattle-based venture group surveyed the region's largest companies including Amazon, Microsoft, Starbucks, and Costco to find out how they are planning to return employees to offices. The tips are i...
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A Cold War missile base abandoned for decades is on sale in New Jersey for $1.8 million -- see inside Richard Lewis Photography Woolwich Township, New Jersey is selling an old missile base from the Cold War. The base was one of 12 built to protect Philadelphia from Soviet missiles. The Army abandoned it in 1974, and the ...
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PayPal Processed More Transactions On May 1 Than On Black Friday...And Other Small Business Tech News Here are five things in technology that happened this past week and how they affect your business. Did you miss them?
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Sunday Reading: The Power of Comedy

The New Yorker - 10 May 2020 12:00
Sunday Reading: The Power of Comedy From The New Yorker's archive, pieces by Ariel Levy, Hilton Als, Vinson Cunningham, Dana Goodyear, and Emily Nussbaum about comic performers and their art.
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A major U.S. airline trade group on Saturday said it backed the U.S. Transportation Security Administration (TSA) checking the temperatures of passengers and customer-facing employees during the coronavirus pandemic.
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Freight industry takes hits during the pandemic, but the trains keeping chugging along The trains are still rolling in La Mirada. While the fallout of the coronavirus pandemic has hit the transportation industry hard, the rail freight sector is faring better than aviation and automobiles.
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Hospitals left waiting, the sharing economy gets sliced, and the future of shopping Associated Press Hello! A little over a week ago, on May 1, a promising coronavirus treatment called remdesivir was quickly approved for emergency use in the US. As Andrew Dunn, Kimberly Leonard, and Lydia Ramsey report,...
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Here's how to learn the software skills needed to land one of the highest-paying jobs in America laflor/Getty Images While you are staying at home during the novel coronavirus outbreak, you may want to visit a YouTube or Coursera tutorial on some of the most commonly listed software used in America's highest-paying ...
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Economists Goof Again - Inflate Unemployment Claims By 2,744,124 Phantom Applicants Economists tinker while ignoring the extreme abnormality of the COVID-19 period
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Biotech ETF XBI Among Top Performers

Forbes - 10 May 2020 00:30
Biotech ETF XBI Among Top Performers Biotech ETF XBI among the top performing ETFs this week in terms of fund flows. Rebound in flows to US large-cap ETFs may portend a continuation of the current rally.
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The Coronavirus Epicenter Is Past Peak; It's Time To End The Shutdowns Markets ready to move on. One political party isn't. That means about half the country will be convinced to live in fear, killing the V-shaped recovery investors are banking on.
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Trump Making The China Lobby Extremely Nervous Multinationals worried Trump pulls a fast one, adding tariffs on China as his "payback" for the coronavirus.
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How To Reinvent Your Business To Survive A Recession Businesses that survive in uncertainty take action to become self-reliant. Here are 5 considerations that impacted businesses could take to survive a recession.
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Retroit brings spectators into street-driving mayhem

Venture Beat - 10 May 2020 19:25
Black Block's Retroit street-driving game is like playing the car-driving part of Grand Theft Auto, where spectators can drop obstacles in your path.
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Investors Disconnect?

Forbes - 10 May 2020 19:20
Investors Disconnect? Despite some negative economic data, the bear market rally continues. This week, the Viper Report's Tom examines the disconnect between the data and market behavior, and looks at some similar disconnects from past bear m...
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BlackRock is about to start buying billions of dollars in corporate bonds for the Fed, reflecting the firm's rise to financial might but also opening it to scrutiny as it as it steers money into companies and industries
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A Nation of Zombie Borrowers Isn't Inevitable

Wall Street Journal - 10 May 2020 18:00
Governments and central banks everywhere are correct in trying to extend more credit to companies that were already loaded up.
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