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Business News

Location American Business News for 2 June 2020
The charity has not confirmed which shops will open first, but says it is keen to start work again.
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AppsFlyer can measure in-app advertising campaigns, tracing the growth of revenue associated with a group of users to ads that drew them.
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Some Bummertime Streaming

The New Yorker - 2 Jun 2020 20:00
Heather Loase offers a bleakly funny list of made-up shows and movies for you to stream at home this "bummertime," or summertime.
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Oil prices crawled higher on Tuesday, with traders waiting to see whether major producers agree to extend their huge output cuts to shore up prices at a meeting expected later this week.
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Facebook employees walked away from their work-from-home desks on Monday and took to Twitter to accuse Chief Executive Mark Zuckerberg of inadequately policing U.S. President Donald Trump's posts as strictly as the rival...
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Competition over virtual currency could alter politics and global power structures, potentially to the detriment of the U.S., the author of "The Currency Cold War" argues.
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It could take a decade for the U.S. economy to fully recover from the lingering effects of coronavirus, the Congressional Budget Office said Monday.       
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Bigin from Zoho is CRM Software for Small Business and Freelancers Zoho recently launched Bigin, an automated CRM sales pipeline specifically designed for small businesses and even freelancers who want to get away from tracking clients on spreadsheets.
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ICAO Publishes Adaptable Plan For Healthy Restart Of Airline Service ICAO's CART (Council Aviation Recovery Task Force) has published its Take-off guidance for a healthy re-start of airline service, with measures that will adapt to a changing risk environment.
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Smartphone sales have plummeted, and Huawei is taking the biggest hit Isobel Hamilton/Business Insider Smartphone sales declined by 20.2% in the first quarter of 2020 as a result of impacts from the COVID-19 pandemic, according to Gartner. Huawei took the biggest hit, with market growth dr...
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Two fintech initiatives launched to drive growth in Australia Business Insider Intelligence and eMarketer are now Insider Intelligence, a digitally-focused research company from Insider Inc. Learn more about what we offer. This story was delivered to Business Insider Intelligence F...
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Why Hasbro's Outperformance Over 2008 Recession Bodes Well For Its Outlook Hasbro (NASDAQ: HAS), best known for its toys and board games, has seen its stock decline by about 30% from $97 at beginning of the year to $73 currently, underperforming the broader indices, as several retail stores are...
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Asian stocks were set to come under pressure on Tuesday following a dip in Wall Street futures as U.S. President Donald Trump vowed to use force to end violent protests in American cities, souring a previously upbeat mar...
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The new product, which comes as an earlier partnership with the online lender Kabbage is sputtering, figures to appeal to companies with tight cash flows.
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The funds will be used to support housing, job training and aid for small businesses in communities that have been disproportionately affected by the pandemic.
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The U.S. Commerce Department said on Tuesday it was opening an investigation into whether imports of vanadium, a metal used in aerospace, defense and energy applications, impair U.S. national security.
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Travel Ads for the Homebound

Wall Street Journal - 2 Jun 2020 15:36
A new advertisement for the road to nowhere from Booking's Kayak shows just how low the travel industry is flying amid the coronavirus.
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Maintaining A Consistent Customer Experience In A Transition To A New Normal A transition to a new normal and maintaining a consistent customer experience will not be as straight forward as it sounds.
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Options Market Keeps Sending Bullish Signs to Bitcoin Investors After a day of strong price gains that sent bitcoin (BTC) up by nearly 6% over the past 24 hours to breach the important USD 10,000 level, the options market may have even more good news in store for hopeful investors. A...
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A Girl's Anxiety Therapy, Interrupted by Covid-19, Moves to Screens For one little girl, overcoming an anxiety disorder was supposed to involve getting out in public to speak with strangers, but the coronavirus put an end to that and to in-person therapy. That's where teletherapy came in...
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Earnings Preview: What To Expect From CrowdStrike On Tuesday CrowdStrike is expected to report a loss of ($0.06)/share on $165.77 million in revenue. Meanwhile, the so-called Whisper number is a loss of $(0.02). The Whisper number is the Street's unofficial view on earnings.
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Mall Owner CBL Misses Debt Payment, Seeks Renegotiation

Wall Street Journal - 2 Jun 2020 23:39
Mall owner CBL & Associates Properties said it failed to make an interest payment of $11.8 million to bondholders on Monday, becoming the first major retail landlord during the coronavirus pandemic to take this step towa...
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