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Business News

Location American Business News for 9 June 2020
'Pie house' in Deerfield, featuring 3-foot-wide wall on tiny suburban lot, lists for $300,000 The unique pie-wedge-shaped home features one wall that stretches just 3 feet wide and clocks in at 1,122 square feet in the northern Chicago suburb.
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Ordinary office elevator now coronavirus risk-multiplying bottleneck. Expert tips: Stay in your corner, face the walls, carry toothpicks. The biggest elevator hang-up across city skylines for offices and residences may be the recommendation to limit the number of riders to four to accommodate social distancing -- one in each corner. That creates a logistic...
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Someone Allegedly Finds $2 Million Buried Treasure In The Rockies Over 350,000 people have looked for the bounty.
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The retailer will not re-open another three outlets after failing to agree new terms with landlord Intu.
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Individuals Roll the Dice on Stocks as Veterans Fret

Wall Street Journal - 9 Jun 2020 21:59
Stuck at home with few entertainment options, more newbies turn to shares; 'it's like a gambling game.'
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Oil prices climbed on Tuesday, paring losses from the previous session, as markets broadly rose on growing confidence in a global recovery with pandemic lockdowns easing.
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IBM's CEO said the firm will stop offering facial recognition software and called for 'national dialogue' on the use of the technology in law enforcement (IBM) IBM IBM CEO Arvind Krishna said the tech giant will no longer offer facial recognition software and said there should be a "national dialogue" on the technology's use in law enforcement. Krishna announced the change in a...
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Owners of kirana stores said that services have been suspended as covid-19 has created delivery fulfilment issues.Online grocers are seeing explosive demand following the curbs on movement amid the lockdown
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The Mighty Effort To Save The $3.6 Trillion Global Infrastructure Market The $3.6 trillion infrastructure market is one of the most important markets in the world. It is also profoundly broken - and we have the opportunity, and the moral obligation, to fix it now.
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600 Black Advertising Professionals Demand Meaningful Action From Leadership in Open Letter The recent outcry over the murders of George Floyd, Breonna Taylor, Ahmaud Arbery and countless other Black men and women both known and unknown has forced formerly "apolitical" brands and advertising agencies to reflect...
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Ex-Div Reminder For Williams

Forbes - 9 Jun 2020 16:29
Ex-Div Reminder For Williams On 6/11/20, Williams will trade ex-dividend, for its quarterly dividend of $0.40, payable on 6/29/20. As a percentage of WMB's recent stock price of $21.11, this dividend works out to approximately 1.90%
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7 Reasons To Not Get Excited About May's Jobs Report While May's job report had some good news with 3 million private industry jobs being created, there are still 18 million more people unemployed and other metrics indicate how hard it will be to recover them.
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For decades investors who bought cheap--or "value"--stocks beat the market. There used to be a fierce debate about exactly why, and, with value stocks having a great few weeks, it's time to exhume this ancient argument.
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Bon Appétit Editor in Chief Resigns Over Racially Insensitive Photo Bon Appétit editor in chief Adam Rapoport stepped down Monday after a photo of him dressed in a racially insensitive costume was posted on Twitter.
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The decision comes after Lee Jae-yong was convicted in 2017 over a political and corporate scandal.
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Apple Could Cost Google $15 Billion By Buying DuckDuckGo, Analyst Says But should Apple risk open war?
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Crude oil futures edge lower Tuesday as worries about compliance with a newly-extended OPEC+ pact to cut production by nearly 10 million barrels, the end of voluntary reductions by Gulf producers at the end of June and p...
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Oil Drops on Renewed Oversupply Concerns

Wall Street Journal - 9 Jun 2020 16:26
Oil prices edged lower, declining for the second consecutive session with some traders concerned that fuel demand won't rebound as quickly as anticipated.
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Why Drug Companies May Resist Milking Covid-19 Treatments

Wall Street Journal - 9 Jun 2020 12:00
Why Drug Companies May Resist Milking Covid-19 Treatments It might not be in the drug industry's long-term interest to maximize profits on Covid-19 treatments and vaccines.
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Here are the best online high-yield savings accounts right now The best online high-yield savings accounts right now: Account Annual Percentage Yield (APY)* Editor's Note Ally High Yield Savings Account (Member FDIC) 1.25% APY Best Overall Vio Bank Online High-Yield Savings Account ...
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Tetris Effect soundtrack debuts on Billboard charts

Venture Beat - 9 Jun 2020 23:41
The Tetris Effect soundtrack is just as good as the game, and that's probably why listeners are flocking to it and pushing it onto the Billboard charts.
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Discretionary Stocks Are Making a Comeback

Wall Street Journal - 9 Jun 2020 23:37
New winners and losers have emerged in the stock market as states continue to reopen and consumers venture out after weeks of diminished spending during the coronavirus shutdowns.
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