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Business News

Location American Business News for 11 June 2020

Juul Sees Long Road Back to Growth

Wall Street Journal - 11 Jun 2020 17:18
Juul Sees Long Road Back to Growth In an interview this week, Juul Labs CEO K.C. Crosthwaite said the company has to prove that it can be trusted again. It will be an uphill road, as the e-cigarette maker is widely blamed for sparking a surge of underage ...
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Vanguard Seeks to Draw Younger Investors With New Robo Service

Wall Street Journal - 11 Jun 2020 13:00
The firm is launching an advisory service that covers key elements of long-term financial planning at the low cost for which the company is known. The automated service, called Digital Advisor, is aimed at younger invest...
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Amazon.com Inc on Wednesday said it was implementing a one-year moratorium on police use of its facial recognition software, halting a business it long defended as many protested law enforcement brutality against people ...
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Total Wine & More denied in bid to open Queens store

New York Post - 11 Jun 2020 01:54
Total Wine & More denied in bid to open Queens store Efforts by a wine and liquor megastore known for its cut-rate prices to open in College Point, Queens, have been thwarted yet again. On Wednesday, the New York State Liquor Authority denied Total Wine & More’s August 2...
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In 1988, U.S. Army Special Operations Helicopters Slipped Into Central Africa To Snatch A Soviet-Made Hind Gunship The daring, long-range mission for many years was a secret to almost anyone who wasn't directly involved.
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Inflation 2021: Bond Investors, Buckle Up

Forbes - 11 Jun 2020 16:30
Inflation 2021: Bond Investors, Buckle Up The stock market is booming, and many of our favorite income investments are ticking higher every day.
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Oil prices fell more than 2% on Thursday on worries about slow demand growth with coronavirus cases rising, U.S. crude stockpiles hitting an all-time high and the U.S. Federal Reserve projecting recovery from the pandemi...
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Goldman Sachs Group Inc said on Wednesday it plans to start the return of an initial group of its employees to its offices in New York, Jersey City, Dallas and Salt Lake City from June 22.
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Sony Interactive Entertainment revealed the first look at the PlayStation 5 console today. It's a box that plays games, but is it stylish?
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Bitcoin Falls More Than 8% As Crypto Markets See Red Bitcoin dropped sharply in the last 24 hours, reaching nearly $9,000. Will it continue to lose value in the short-term, or will it bounce back?
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Sony revealed Astro's Playroom during its PlayStation 5 event today. Japan Studio and Team Asobi are working on the 3D platforming.
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Fed Holds Press Conference: Rates Stay At 0% And Other Key Takeaways On Wednesday, Federal Reserve Chairman Jerome Powell held a press conference following the central bank's two-day policy meeting.
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Intel loses veteran chip designer Jim Keller

Venture Beat - 11 Jun 2020 23:36
Intel announced that veteran chip designer Jim Keller has resigned from the company effective immediately due to personal reasons.
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Arkane Studios shows off Deathloop for the PS5

Venture Beat - 11 Jun 2020 23:07
Arkane Studios unveiled Deathloop, a one-on-one game of assassins for the PlayStation 5. Bethesda is the publisher for the title.
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Resident Evil VIII goes to a creepy village on PS5

Venture Beat - 11 Jun 2020 23:03
Capcom debuted Resident Evil 8 during Sony's PlayStation 5 event today.
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Demon's Souls remake is coming to PlayStation 5

Venture Beat - 11 Jun 2020 22:57
Sony showed off a big remaster at its PlayStation 5 event today: Demon's Souls, which kicked off the "Souls-like" style of action-role-playing games.
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Exxon Mobil Shares Cross 7% Yield Mark

Forbes - 11 Jun 2020 22:52
Exxon Mobil Shares Cross 7% Yield Mark In trading on Thursday, shares of Exxon Mobil were yielding above the 7% mark based on its quarterly dividend (annualized to $3.48), with the stock changing hands as low as $46.84 on the day
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Hitman 3 is coming to PlayStation 5 in January. It will see Agent 47's current story arch through to its conclusion in dramatic fashion.
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Investing your money in a specific class and that too small-caps may not be the best strategy to adopt
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Shinji Mikami, the creator of games such as Resident Evil, is back with his Tango Gameworks studio and a PlayStation 5 title called Ghostwire: Tokyo.
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COVID Caution: New Surge Of Cases In Reopened States Sparks Worst Selloff Since March Cautious mood continues with Financials getting hit hard today mostly because of low interest rates and dovish comments from the Fed. The Energy sector led all sectors lower, falling nearly 9.5%.
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Destruction Allstars is about driving cars into other cars at very high speeds. It is from the studio that created the vehicle MOBA Switchblade for PC.
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