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Business News

Location American Business News for 20 May 2020
Actress Amy Carlson Plays A Music Exec In Her Latest Movie (And In Real Life) In addition to her acting career, Carlson played an important role in Frenchkiss Records, a New York City record label founded by her husband Syd Butler.
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"Archaic" rules are keeping trained medical providers sidelined when they could be on front lines, trade group says.
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Costly SoFi Stadium Gets A Financial Handout From NFL Hey buddy, can you spare $500 million? Fortunately for Los Angeles Rams owner Stan Kroenke the answer from the NFL was "yes."
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Unboxing CAULIPOWER: The Disruptive Brand Behind The Better-For-You Comfort Food Revolution CAULIPOWER Is leading the better-for-you comfort revolution beyond their famous cauliflower pizza with chicken tenders, cauliflower-based tortillas and Sweet PotaTOASTs.
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Music-Loving Parents Seek Relief From Kidz Bop and 'Frozen'

Wall Street Journal - 20 May 2020 15:00
Music-Loving Parents Seek Relief From Kidz Bop and 'Frozen' Locked-down parents are using music to entertain their kids--but they are starting to lose their own minds as they endure repeated songs from animated movies, cloying Kidz Bop covers of pop hits and viral dance videos.
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Bitcoin Price Unfazed by 50-BTC Transaction From Satoshi-Era Wallet Most likely an old miner from 2009 -- not Satoshi -- just moved 50 BTC mined merely one month after the first Bitcoin block was mined.
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Column: Big employers are already shortchanging their 'hero' workers Employers' gratitude for their 'hero' workers didn't last long
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Walmart's coronavirus-related efforts cost the retail giant hundreds of millions in the most recent quarter, and the current quarter is on track to have a similar hefty price tag.
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The Road Ahead for Retail; Lizzo Covers The Beatles for Facebook: Wednesday's First Things First Welcome to First Things First, Adweek's daily resource for marketers. We'll be publishing the content to First Things First on Adweek.com each morning (like this post), but if you prefer that it come straight to your inb...
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OCC to overhaul CRA rule as Otting plans to leave agency

American Banker - 20 May 2020 02:48
The final regulation will significantly revise a December proposal, responding to concerns from stakeholders. Meanwhile, in a surprising move, the regulator who had championed the reforms is expected to resign this week.
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Oil prices dipped on Wednesday as concerns over the lasting economic fallout from the coronavirus pandemic outweighed signs of improving demand and production cuts by major oil producers.
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Alabama, North Dakota And South Carolina To Debut Apple And Google's Covid-19 Contact Tracing The app will give users a notification when they have been near someone who has been infected with the coronavirus.
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The lessons from the 2008-9 financial crisis, at least according to Democrats, were don't be afraid to go big and don't be afraid to go fast. But that playbook doesn't apply this time around, say two prominent Republican...
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CNBC's Diana Olick breaks down how purchase applications are rising in the housing sector.
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Hertz Lenders Brace for Losses From Formerly Triple-A Bonds

Wall Street Journal - 20 May 2020 18:32
Bonds backed by Hertz Global Holdings' fleet of rental cars had the same credit rating as the U.S. government just a few weeks ago. Now the company's financial woes are stoking fears that investors are headed for a loss.
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Stitch Fix Needs a Refresh

Wall Street Journal - 20 May 2020 17:07
The fashion styling service's business is likely to weather the pandemic, but it may need a new model.
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Researchers' Suggestion To Limit Head Shots In Football: Stand Up Two neurotrauma researchers at Purdue University suggest that requiring offensive linemen to start every play in a standing position would reduce the amount of head-to-head contact they absorb by 40% or more. They found ...
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5 reasons slide presentations suck today more than ever In an era of endless virtual meetings, it’s time to (finally) say goodbye to the tired slideshow presentation. Slides have always been a cop-out. Read Full Story
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Trump-Favored Construction Firm Involved In Ongoing Inspector General Investigation Wins $1.3B Border Wall Contract Fisher Sand & Gravel has been touted by Trump after its owner made several appearances on Fox News.
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Shareholders of JPMorgan Chase & Co. narrowly defeat the call for greater company disclosure around lending activities that affect climate change.
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Supreme Court Grants Trump Request, Blocks Congress From Mueller Materials House Democrats had sought the materials as part of an ongoing investigation of President Donald Trump.
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THE RACE TO REOPEN: A comprehensive guide for offices to safely and efficiently bring back workers Getty As some parts of the US slowly start to reopen, more employers are developing plans for a return to work. But business operations won't look the same and many offices will have to adhere to strict social distancing...
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