Business News
A New 40% Rule for Grimmer Times
Wall Street Journal - 21 May 2020 16:05
The 40% rule is a time-tried tactic employed by pundits. If you say there is a 40% chance of something improbable happening and it does, you look great. And if it doesn't, you never said the odds favored it. But in the C...
Adweek Radio: The Evolution of Cannabis Marketing
AdWeek - 21 May 2020 16:00
Cannabis is still not legal on a federal level, but it's been legalized enough on a state level that this year's crop of Democratic presidential candidates added it to their platforms. How, when and where sellers can adv...
We're not seeing a decline in home prices: Coldwell Banker Real Estate CEO
CNBC - 21 May 2020 20:56
CNBC's Kelly Evans and Diana Olick break down existing home sales dropping to lowest levels in nearly 10 years with Ryan Gorman of Coldwell Banker Real Estate.
Nissan says it has noted U.S. arrests in Ghosn case, reserves right for legal measures
Reuters - 21 May 2020 03:51
Nissan Motor Co said on Thursday it still reserves the right to take further legal measures in the case of its ousted former Chairman Carlos Ghosn, after the United States arrested two men on charges they enabled his esc...
7 Facts On Essential Workers Hazard Pay That You Need To Know Now
Forbes - 21 May 2020 03:20Victoria's Secret To Close 250 U.S. And Canadian Stores As Sales Plummet Due To The Coronavirus
Forbes - 21 May 2020 01:36Trump Gripes That Fox News Isn’t Doing Enough To Get Him Reelected
TPM - 21 May 2020 22:18
President Trump jabbed at his on-again-off-again favorite news network for supposedly not helping his reelection effort in a Thursday afternoon...
Virtual real estate viewings won't replace seeing homes in person, Uncle CEO says
CNBC - 21 May 2020 13:27
Ryan Prince, CEO of Uncle, says home sales and rentals have been "pretty paralyzed" by the U.K.'s lockdown.
Oil prices climb as U.S. stock drawdown eases supply glut fears
Reuters - 21 May 2020 03:13
Oil prices edged higher on Thursday after data showed U.S. crude inventories fell again, easing concern about a supply glut, though lingering fears over the global economic fallout from the COVID-19 pandemic capped gains...
Stocks Look Poised For A Big Move And Bulls Still Have The Edge
Forbes - 21 May 2020 19:51India Inc's profits increasingly belong to a tiny clutch of companies
The Economist - 21 May 2020 16:53
AROUND THE world industries have grown more concentrated over the past few decades. In America 20 companies capture roughly a quarter of all corporate profits. If you thought that was sobering news for budding American c...
S&P Fired Employee Who Discussed Ratings With Senate Staff
Wall Street Journal - 21 May 2020 16:51
A wrongful-termination complaint claims retaliation for discussing a taboo topic. The firm says the employee violated policy.
America's Most Critical Industry Is Being Eaten Alive
Forbes - 21 May 2020 16:20ICICI Bank introduces special FD scheme for senior citizens with higher interest
livemint.com - 21 May 2020 09:50
ICICI Bank's special fixed deposit scheme is available on new FDs and renewal of FDs.It offers 80 basis points (bps) more than what is applicable to general public for the same deposit amount and tenor
Kroger markets to stop extra pay to crisis workers
New York Post - 21 May 2020 03:40
Supermarket employees forced to work through the pandemic are now facing threats to their "hero pay" even as ornery customers refuse to wear masks while they shop. Employee frustrations could soon reach a boiling point a...
Otting's legacy at OCC? It's complicated
American Banker - 21 May 2020 02:44
The comptroller of the currency, expected to step down Thursday after two and a half years on the job, ruffled feathers and won some fans in pushing through CRA reform, cutting costs and trying to reshape the agency's ex...
Lufthansa in advanced talks for state rescue deal worth about $10 billion
Reuters - 21 May 2020 02:16
Airline Lufthansa said on Thursday it is in advanced talks with the German government's economic stabilisation fund over a rescue deal worth up to 9 billion euros ($9.9 billion), including the state taking a 20% stake in...
Senate Bill Could Force Chinese Companies to Drop U.S. Listings
Wall Street Journal - 21 May 2020 01:48Community groups plan to sue OCC over CRA rule
American Banker - 21 May 2020 23:38
The National Community Reinvestment Coalition, California Reinvestment Coalition and Democracy Forward accuse the agency of "unlawfully gutting" the historic anti-redlining law.
Oil Rally Continues With Supply Cuts Boosting Sentiment
Wall Street Journal - 21 May 2020 16:13
Oil prices climbed, advancing for the sixth consecutive session with producers curtailing output in response to ultralow crude prices and the coronavirus crisis.
Evervault raises $16 million for 'privacy cages' that simplify data protection
Venture Beat - 21 May 2020 16:00
Evervault raised $16 million to develop technology the Dublin-based company claims will reset the conversation between privacy and regulation.