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Business News

Location American Business News for 12 May 2020

PPP Changes Trip Up Small Businesses

Wall Street Journal - 12 May 2020 15:00
PPP Changes Trip Up Small Businesses As rules change, some small-business owners worry about keeping SBA loans granted to help them stay afloat during the coronavirus pandemic.
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Copying real-world objects into business presentations and image editors is becoming a lot easier, thanks to a novel combination of AR, AI, and phones.
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Coronavirus Pushes Mayo Clinic to Revisit Its Accounting Practices Stockpiles of protective equipment and other necessities have raised new questions
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Autonomous Vehicles are Ready to Disrupt Society, Business, and You

Harvard Business Review - 12 May 2020 14:06
The rise of autonomous vehicles has enormous implications for business and society.
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U.K. Government Permits Film And TV Production To Resume The Department of Culture, Media and Sport (DCMS) has confirmed that production in the U. K. will be allowed to restart if guidelines are followed, specifically around social distancing.
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China announced on Tuesday a new list of 79 U.S. products eligible for waivers from retaliatory tariffs imposed at the height of the bilateral trade war, amid continued pressure on Beijing to boost imports from the Unite...
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Job Losses Hit Workers Without College Degrees The Hardest The unemployment rate for people with only a high school degree reached 17.3% in April.
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America's Oil And Gas Jobs Could Soon Come Roaring Back Economists say that America's oil and gas drillers are ready to pivot back into full gear at the first sign of a recovery in demand. New data about the number of cars on the road suggests that a recovery may well be on t...
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The top three U.S. airlines have told their flight attendants not to force passengers to comply with a new policy requiring face coverings, just encourage them to do so, according to employee policies reviewed by Reuters...
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China is committed to its Phase 1 trade deal with the United States and is working towards meeting its promise to boost U.S. purchases, even though the pace of buying has been restrained by the coronavirus outbreak, thre...
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A unit of Morgan Stanley agreed to pay a $5 million fine to settle U.S. Securities and Exchange Commission charges it misled retail investing clients about the costs of a "wrap fee" program, the regulator said on Tuesday...
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Toyota Motor on Tuesday said it expects profit to drop 80% to its lowest in nine years, as Japan's biggest automaker grapples with the impact of the novel coronavirus which has sapped global demand for vehicles.
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German conglomerate Thyssenkrupp on Tuesday warned its operating loss could swell to 1 billion euros ($1.1 billion) in the current quarter citing the coronavirus pandemic.
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Smaller Bitcoin Wallets on the Rise Since Second Halving The number of Bitcoin addresses with balances less than 1 BTC has increased by more than 100% since the second halving in July 2016.
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Who has the best cheap car insurance in Arizona? GEICO is the clear winner Shutterstock/Francesco Ferrarini Arizona drivers spend slightly less than the average American on car insurance, typically paying about $890 per year for premiums, according to the Insurance Information Institute. GEICO ...
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Study: Communication and Education Are Key To Building Trust in Crypto A study revealed that three out of four people surveyed among two million respondents are not familiar with cryptos and blockchain technology.
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Popeyes and Burger King's CEO Says Coronavirus May Permanently Alter the Restaurant Experience When Americans return to restaurants, they'll be facing a different sort of dine-in experience. That's according to Jos? Cil, the CEO of Restaurant Brands International (RBI), which owns Burger King, Popeyes and Tim Hort...
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Basketball's Chris Paul buys Encino showplace for $11.1 million NBA star Chris Paul, a former Clipper, has bought a newly built home in Encino for about $11.1 million.
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A small dead-cat bounce and then lower for longer is what a "square root" implies.
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Medical Journal 'The Lancet' Politicizes Coronavirus, Warns Brazil President Needs To Go This isn't the first time the British medical journal has editorialized how political crises impact health. But they sure pick interesting battles.
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Cuomo: New York's Coronavirus Crackdown Saved 'Thousands' Of Lives "If we hadn't changed the trajectory... we would have made the situation in Italy look like a walk in the park," Cuomo said Tuesday.
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Trump Moves To Ban China From Military Pension Fund, OKs Other Emerging Markets The existing pension fund is tracked to index that holds Hong Kong listed shares, however. US is specific as to what China companies they don't like.
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