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Business News

Location American Business News for 13 May 2020
D&I TBD: Nina Kossoff on What LGBTQ People Want--And Don't Want--From Advertising On Episode 3 of D&I TBD, Adweek is joined by strategist Nina Kossoff. Currently on furlough from Matter due to the Covid-19 pandemic, Kossoff has sat on brand planning and strategy teams at Imprint Projects, McCann, Ogil...
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Atul Gawande will switch roles at health care joint venture Haven Harvard surgeon and author Atul Gawande will step down as chief executive officer to take on the role of chairman at Haven, the healthcare joint venture of Amazon, Berkshire Hathaway and JPMorgan Chase. Boston-based Have...
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WGN reporter Nancy Loo, moving to California for 'News Nation,' lists Fox River Grove house for $525,000 Nancy Loo is relocating to California after a nearly two-decade career in Chicago. Her four-bedroom house was listed in April.
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Banks tore up digital scripts once pandemic hit

American Banker - 13 May 2020 03:30
U.S. Bancorp, Wells Fargo, WSFS and others were already deeply engaged in digital transformations before the coronavirus crisis led them to pivot -- quickly.
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The move is the first time the bank has provided services to digital currency players; the Washington Post and four other heavy hitters want details on PPP and small business disaster loan programs.
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Proration Is Not Effective Market Management For The Oil Industry This challenge requires a global market management that aims at matching global supply with global demand to prevent a massive decline in investment that might lead to the next energy crisis.
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Sony warns profit may drop 30 percent or more this year as demand slows Sony said Wednesday that operating profit could fall 30 percent or more in the current fiscal year as the coronavirus hits the box office, as well as consumer demand for smartphones, video-game consoles and other electro...
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Only Fourteen Dow Components With Recent Insider Buying, XOM Is One Of Them Within the 30 components of the Dow Jones Industrial Average, only fourteen companies have experienced such buying over the trailing six month period, one of which was Exxon Mobil
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Tencent Levels Up as China Hunkers Down

Wall Street Journal - 13 May 2020 16:10
The Chinese game giant got a huge boost from the epidemic in China last quarter, but advertising and gaming revenue growth could slow from here.
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Estée Lauder Says Travelers Are Eager To Shop Duty Free During Pandemic The travel retail channel, which includes airport shopping and downtown duty-free stores, bucked a downward trend.
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Stocks and oil prices fell on Wednesday as fears about a second wave of coronavirus infections gripped financial markets.
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Buyers and renters in England will be able to move house from Wednesday as part of U.K. government efforts to restart the frozen housing market.
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Waymo And Others Resume Self-Driving Testing And Rides Waymo, the world's leading self-driving car company, has resumed on-road testing and some passenger services, after shutting these down due to Covid-19. Can this be done safely?
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Powell Says Washington Will Need to Spend More to Battle Downturn Federal Reserve Chairman Jerome Powell said Congress and the White House will need to spend more money to make sure policy makers' quick initial response to the coronavirus-induced economic contraction isn't wasted amid ...
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BERLIN -- Germany plans to start loosening its border controls this weekend after two months of restrictions. Interior Minister Horst...
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Mobile games publisher Playrix's catalog has earned over 1 billion downloads, according to market research Sensor Tower.
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Spreading Joy For 20 Years -- Australian Fashion Label Shona Joy Marks Anniversary Designer Shona Joy Thatcher is celebrating 20 years of her namesake ready-to-wear label.
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How to make Gboard your default keyboard on an iPhone

Business Insider - 13 May 2020 22:44
How to make Gboard your default keyboard on an iPhone Bence Boros / Unsplash You can make Gboard your default virtual keyboard on an iPhone or Android through your phone's Keyboard preferences in your General Settings menu. Android users may find that Gboard is already thei...
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Bud Light Reimagines Iconic Campaign in 'Stay at Home Humans of Genius' Ads Bud Light just brought back its classic tribute to under-appreciated geniuses--but this time with a new shelter-in-place twist. In four new spots, the Anheuser-Busch brand salutes "Stay at Home Humans of Genius," who mak...
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While the Number of Distressed Retailers Grows, Only a Handful Are at Risk of Near-Term Default While the major credit rating agencies have expanded their watch lists of retailers with a high probability of default, there are only a few companies in immediate danger following the bankruptcies of Neiman Marcus and J...
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Housing Market Restarts: Essential Guidance For Buyers And Renters The government has today announced their plans for restarting the housing market effective immediately, amending coronavirus regulations and issuing new guidance confirming that private residential buyers and renters in ...
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China's Slow Economic Rebound from the Coronavirus Points to an Extended U.S. Slump John Cassidy writes about the process of reopening the economy in China, and what it tells us about the future in the United States as the country battles the coronavirus pandemic.
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