Business News
D&I TBD: Nina Kossoff on What LGBTQ People Want--And Don't Want--From Advertising
AdWeek - 13 May 2020 21:22
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...
Atul Gawande will switch roles at health care joint venture Haven
New York Post - 13 May 2020 20:48
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...
WGN reporter Nancy Loo, moving to California for 'News Nation,' lists Fox River Grove house for $525,000
Chicago Tribune - 13 May 2020 12:00
Nancy Loo is relocating to California after a nearly two-decade career in Chicago. Her four-bedroom house was listed in April.
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.
JPMorgan to offer banking to crypto exchanges; news services sue SBA
American Banker - 13 May 2020 14:10
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.
Proration Is Not Effective Market Management For The Oil Industry
Forbes - 13 May 2020 05:06Sony warns profit may drop 30 percent or more this year as demand slows
New York Post - 13 May 2020 17:37
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...
Only Fourteen Dow Components With Recent Insider Buying, XOM Is One Of Them
Forbes - 13 May 2020 17:03Tencent 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.
Estée Lauder Says Travelers Are Eager To Shop Duty Free During Pandemic
Forbes - 13 May 2020 06:43Stocks fall on renewed virus fears, Powell speech in focus
Reuters - 13 May 2020 05:21
Stocks and oil prices fell on Wednesday as fears about a second wave of coronavirus infections gripped financial markets.
Government launches plan to kick-start U.K. housing industry
Market Watch - 13 May 2020 22:25
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.
Waymo And Others Resume Self-Driving Testing And Rides
Forbes - 13 May 2020 22:04Powell Says Washington Will Need to Spend More to Battle Downturn
Wall Street Journal - 13 May 2020 15:58Germany To Start Loosening Border Controls
TPM - 13 May 2020 15:28
BERLIN -- Germany plans to start loosening its border controls this weekend after two months of restrictions. Interior Minister Horst...
Sensor Tower: Gardenscapes publisher Playrix blooms past 1.1 billion downloads
Venture Beat - 13 May 2020 00:41
Mobile games publisher Playrix's catalog has earned over 1 billion downloads, according to market research Sensor Tower.
Spreading Joy For 20 Years -- Australian Fashion Label Shona Joy Marks Anniversary
Forbes - 13 May 2020 23:37How to make Gboard your default keyboard on an iPhone
Business Insider - 13 May 2020 22:44
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...
Bud Light Reimagines Iconic Campaign in 'Stay at Home Humans of Genius' Ads
AdWeek - 13 May 2020 21:17
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...
While the Number of Distressed Retailers Grows, Only a Handful Are at Risk of Near-Term Default
AdWeek - 13 May 2020 18:20
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...
Housing Market Restarts: Essential Guidance For Buyers And Renters
Forbes - 13 May 2020 17:45China's Slow Economic Rebound from the Coronavirus Points to an Extended U.S. Slump
The New Yorker - 13 May 2020 17:39
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.