Business News
Why Wells Fargo's Stock Looks Attractive At $30
Forbes - 5 Jun 2020 11:30Unemployment Down; How Coronavirus Will Force The Auto Industry To Decide Where To Rehire
Forbes - 5 Jun 2020 16:02The Soured Romance Between China and Corporate America
Wall Street Journal - 5 Jun 2020 16:01Paper magazine staff lash out against CEO over racial problems
New York Post - 5 Jun 2020 04:11
National tensions over race relations spilled over to Paper magazine this week, where the editorial staff lashed out against Chief Executive Tom Florio for his treatment of a recently departed black employee. "As the edi...
The best travel rewards credit cards of June 2020
Business Insider - 5 Jun 2020 23:19
Crystal Cox/Business Insider The best travel rewards credit cards: Best overall: Chase Sapphire Preferred® Card Best travel card with a high annual fee: Chase Sapphire Reserve® Best for beginners: Capital One® Venture...
Marriott says Trump ordered stop to Cuba hotel business
New York Post - 5 Jun 2020 22:28
The Trump administration has ordered Marriott International to wind down hotel operations in Communist-run Cuba, a company spokeswoman told Reuters, extinguishing what had been a symbol of the US-Cuban detente. Starwood ...
What Happens When CEOs and Stock Analysts Share a First Name
Wall Street Journal - 5 Jun 2020 19:27
A study suggests that executives are more likely to share valuable insight with an analyst who has the same first name.
Dispatches from a Pandemic: Help! I'm one of millions of people in quarantine experiencing 'context collapse.' Are you? Here are all the symptoms
Market Watch - 5 Jun 2020 16:56
'My inability to navigate context collapse is, in a way, really a reflection of my own privilege. I've been lucky to have the space to be different things to different people.'
Slack shares continue to crash after earnings show far slower growth than Zoom
CNBC - 5 Jun 2020 16:25
Slack reported that it grew revenue 50% during the quarter, compared with 49% last quarter, on an annualized basis.
Victoria's Secret's U.K. Arm Files for Creditor Protection
Wall Street Journal - 5 Jun 2020 11:34Oil dips on uncertainty over producers' commitment to output cuts
Reuters - 5 Jun 2020 03:20
Oil prices eased slightly on Friday as markets wait to see whether major producers will commit to an extension of record production cuts to support oil prices.
Exclusive: Pompeo calls Nasdaq's strict rules a model to guard against fraudulent Chinese companies
Reuters - 5 Jun 2020 02:54
U.S. Secretary of State Mike Pompeo on Thursday warned American investors against fraudulent accounting practices at China-based companies and said the Nasdaq's recent decision to tighten listing rules for such players s...
Argentina's New Theme Song: "I Will Survive"
Forbes - 5 Jun 2020 18:59The recovery from the coronavirus sure looks V-shaped, going by these charts
CNBC - 5 Jun 2020 17:36
A better-than-expected jobs report is the latest data point that shows a possible quick recovery for the U.S. economy.
Boosting Global Supply Chains Efficiency Through Digitalization: Wärtsilä Navi-Port
Forbes - 5 Jun 2020 17:07Unemployment rate falls to 13.3 percent as economy gains surprise 2.5 million jobs despite coronavirus
NBC News - 5 Jun 2020 16:36Stock market jumps on surprisingly strong jobs report
CBSNews - 5 Jun 2020 16:35
The "biggest payroll surprise in history" is fueling investor optimism that the economy is rebounding.
Bombardier to cut 2,500 aviation jobs as coronavirus dents travel demand
New York Post - 5 Jun 2020 16:30
Canadian plane and train maker Bombardier Inc said on Friday it would cut 2,500 jobs, or about 11 percent of the workforce at its aviation unit, as the coronavirus pandemic's crushing impact on the air industry adds to i...
Here's why the May jobs report shocked economists that were expecting near-record unemployment and massive losses
Business Insider - 5 Jun 2020 16:25
Reuters The latest jobs report on Friday showed the unemployment rate fell to 13.7% in May, a development that surprised many economists. It had been projected to hit nearly 20%, a historic high. Economists noted that th...
US shocks economists by adding 2.5 million jobs in May as unemployment declines to 13.3%
Business Insider - 5 Jun 2020 16:18
Jason Kempin/Getty Images The Bureau of Labor Statistics on Friday said US employers added 2.5 million payrolls in May, a shocking figure that defied economists' expectations of 7.5 million jobs lost. The US unemployment...
2020 Baeksang Arts Awards Honor The Best Dramas And Films
Forbes - 5 Jun 2020 13:35The Walker Art Center officially cuts ties with Minneapolis police--will more museums follow suit?
Fast Company - 5 Jun 2020 11:00
It’s clear this is just the beginning, but the Walker already has a head start. As protests continue across the country, cities are being forced to grapple with the realities of police violence and systemic racism. As ...