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Business News

Location American Business News for 11 May 2020
Rangers' Dossier On Scottish Football Corruption Proves Damp Squib As SPFL's Latest Big Vote Looms Rangers' dossier on was meant to blow the doors off the SPFL - instead, it turned out to be something of a damp squib. Here's the latest from Scottish football's ongoing COVID-19 psychodrama.
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WWE Money In The Bank 2020 Results, Grades, And Analysis On Sunday night at the WWE Money in the Bank pay-per-view, Asuka and Otis walked away as Ms. and Mr. Money in the Bank after a chaotic and awkward double main event match.
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Intel and Penn Medicine will collaborate to develop a brain tumor-detecting AI using a technique called federated learning.
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Chesapeake Energy Corp said it would prepay a total of $25 million in incentive compensation to 21 top executives to ensure they are motivated, even as it prepares to file for bankruptcy protection to tackle its nearly $...
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How To Build A Diversified Cannabis Stock Portfolio Cannabis stocks have been hammered, and bottom-fishers may find this to be a good time to establish positions. In this article, I break down the sector into 10 sub-sectors that I describe, I share some resources to help ...
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Stocks This Week: Sell Short Wells Fargo And MMM The indices are likely to pull back and consolidate recent gains in the second half of May. Here are short sales.
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AMC spikes 56% on reports Amazon may be considering a takeover (AMZN, AMC) Frederic J. Brown/AFP via Getty Images AMC spiked as much as 56% Monday following a report from The Daily Mail that suggests Amazon is eyeing a takeover of the beleaguered movie theater chain. Amazon's video streaming am...
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Deutsche Bank Seeks to Bolster Capital Structure

Wall Street Journal - 11 May 2020 15:58
The German lender is taking advantage of the stabilization in European debt markets to sell new bonds and boost its capital buffers.
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Bitcoin News Roundup for May 11, 2020

Coin Desk - 11 May 2020 15:20
Bitcoin's third halving, Consensus:Distributed and a pullback after the bulls make another run at $10,000. It's Markets Daily from CoinDesk.
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Used car prices plummet, but the deals may not last. Here's why While wholesale prices of used cars fell 11.4% in April, a shortage of new vehicles following COVID-19 assembly plant shutdowns could boost them.       
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An economic tsunami could soon thrust half a billion people into extreme poverty The economic devastation the pandemic wreaks on the ultra-poor could ultimately kill more people than the virus itself.
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Disruptive Food Brands Get a Taste of Their Own Medicine

Wall Street Journal - 11 May 2020 12:21
Disruptive Food Brands Get a Taste of Their Own Medicine Seeking comfort while sheltering at home, shoppers are reaching for Hershey Bars rather than gluten-free energy balls. That is bad news for challenger brands, whose healthy snacks were taking market share from global foo...
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Oil prices slid nearly $1 a barrel on Monday as concern over a persistent glut and economic gloom caused by the coronavirus pandemic combined to cancel out support from supply cuts at some of the world's top producers.
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Six Theories on Why Fast-Growing Startups Seem to Be Disappearing One possibility: People are more motivated by the idea of being an entrepreneur than by having a great business concept.
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Bitcoin Struggles To Recoup Gains After Yesterday's Drop Bitcoin has failed to surpass $9,000 today after falling below this price yesterday. When will it break through this level again?
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Mike Tyson Proclaims 'I'm Back' After Dropping Another Vicious Training Video Mike Tyson has released another training video that is making boxing fans salivate.
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Social Media Campaign Blends Culture and Food to Fight Anti-Asian Hate Nothing brings people together across cultural divides quite like food, so what better way to combat hate and harassment than by sharing stories over a good meal? That's the idea behind multicultural agency Intertrend's ...
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Randall Stephenson gets a golden goodbye
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Walmart spoke with VentureBeat about the AI systems underlying its 2-hour Express Delivery, ranging from a logistics algorithm to an alerting platform.
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Pandemic Sparks Slump in Electricity Prices

Wall Street Journal - 11 May 2020 10:44
Wall Street trading floors have emptied. Spring has arrived north of the equator. Oil and gas markets have cratered. The result is a precipitous decline in electricity prices.
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Coronavirus Grants Available for Struggling Small Businesses

Small Business Trends - 11 May 2020 01:00
Small businesses struggling financially from the coronavirus pandemic response can apply for these grants.
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The Trump administration is in talks with semiconductor companies Intel and TSMC about building chip factories in the United States.
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