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Business News

Location American Business News for 23 May 2020
A North Carolina construction magnate spent 50 years collecting some of the most iconic muscle cars ever made, and now they're headed to auction -- see the full collection Courtesy of Mecum Auctions, Inc. Eddie Vannoy, a highly successful construction CEO, spent 50 years amassing a huge stash of cars, motorcycles, and memorabilia. Now, he's selling his collection. The assortment includes w...
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Biden wants Amazon to 'start paying their taxes'

USA Today - 23 May 2020 00:49
Biden wants Amazon to 'start paying their taxes' Amazon has become a popular political football to kick on several issues       
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Got 10 BTC? You're Now in the Top 0.5% of 30 Million Bitcoin Addresses There are now 30.4 million Bitcoin addresses with a balance, but those with even a whole coin form a tiny minority.
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Doja Cat Makes A Play To Dethrone DaBaby And Roddy Ricch In The U.K. Last week, rappers DaBaby and Roddy Ricch bolted to the top of the U. K. singles chart with their collaborative cut "Rockstar," and now it has earned a second stay in the penthouse.
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Why Universal Can't Afford To Stop Making 'Jurassic World' Movies In a world where Marvel and DC superhero movies will absolutely rule Hollywood, a top-tier mega-franchise like 'Jurassic World' is more valuable than ever to Universal.
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The Restaurant Of The Future? London Tea Room Chain To Reopen With Robots A restaurant where robots serve tea and scones probably sounds like an unlikely sci-fi movie scene, but it's soon to be a reality. The Tea Terrace is investing big on tech while it awaits the end of lockdowns in the U.K.
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Jaguar Land Rover is in talks with the British government about a request for temporary state funding of more than 1 billion pounds ($1.22 billion), Sky News reported on Saturday.
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The Post-Pandemic Future Of Brick-And-Mortar

Retail Touch Points - 23 May 2020 15:10
The Post-Pandemic Future Of Brick-And-Mortar For the last few years we've seen a slowdown in spend for many brick-and-mortar (B&M) stores. And now, in the trenches of a global pandemic, physical retail is having a particularly difficult time. On the other end of th...
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The more than a century old car rental firm Hertz Global Holdings Inc filed for bankruptcy protection on Friday after its business was decimated during the coronavirus pandemic and talks with creditors failed to result i...
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Patrick Ewing Hospitalized With COVID-19

Forbes - 23 May 2020 02:36
Patrick Ewing Hospitalized With COVID-19 Georgetown basketball coach and NBA Hall of Famer Patrick Ewing has been hospitalized with COVID-19, the school announced Friday.
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Off-Price Retailer Tuesday Morning to File for Chapter 11, Sources Say The discount home-goods retailer plans to file for bankruptcy after running into liquidity issues caused by the closure of its stores due to the coronavirus pandemic.
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The NBA Is Planning to Restart At Orlando's Disney World In Late July The NBA is in negotiations with Walt Disney World in Orlando to restart the season there in late July.
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Hertz Files For Bankruptcy, Stunning US Automakers As Leaders Scramble For Solutions Late last night, Hertz filed for bankruptcy. How's that going to impact the economy, automakers...and you?
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Hawaii Primary Election 2020: Live Results, Maps, and Analysis The latest election results from the Hawaii primary ahead of the 2020 Presidential election.
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Don't Confuse Mortgage Forbearance With Forgiveness This article shows mortgage borrowers struggling to make their payments the impact of different forbearance options on their financial future.
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South America has become new COVID-19 epicenter, WHO says

Business Insider - 23 May 2020 05:27
South America has become new COVID-19 epicenter, WHO says AP Photo/Leo Correa THe World Health Organization announced Friday that South America has become a new epicenter of the COVID-19 pandemic. Brazil has taken a hard hit from the coronavirus, which causes the respiratory il...
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Hertz files for bankruptcy protection

CBSNews - 23 May 2020 05:21
By the end of March, Hertz Global Holdings Inc. had racked up $18.7 billion in debt with only $1 billion of available cash.
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Airlines Given Tentative OK to Halt Service at Dozens of U.S. Cities The destinations are mostly in secondary markets that have had little demand for flights or could be served by nearby airports, airlines said.
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Banks should not be scared to extend loans as 100% guarantee is being given by govt, Nirmala Sitharaman told CEOs and MDs of public sector banks on Friday
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Watch: Huge Fire Breaks Out At San Francisco's Fisherman's Wharf More than 100 firefighters rushed to the scene.
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Crocs Are Back. And Not Just Because of Coronavirus

Wall Street Journal - 23 May 2020 17:02
Crocs Are Back. And Not Just Because of Coronavirus Stores and schools closed. Families sheltered at home. But the coronavirus pandemic didn't stop Americans from buying more Crocs.
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Welcome to Wall Street Insider, where we take you behind the scenes of the finance team's biggest scoops and deep dives from the past week. If you aren't yet a subscriber to Wall Street Insider, you can sign up here.See ...
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