Business News
Bankrupt Hertz to seize on speculation frenzy with $1 billion stock sale
Reuters - 13 Jun 2020 03:15
Hertz Global Holdings Inc said it won bankruptcy court approval on Friday to sell up to $1 billion in stock, capitalizing on a remarkable rally in its shares driven by speculators defying conventional market wisdom.
The extra $600 Americans get in weekly unemployment benefits ends next month -- here's what lawmakers are proposing to replace it
Market Watch - 13 Jun 2020 04:34
Extending the extra $600 could create a disincentive to return to work, some lawmakers say.
Winnetka mansion sells for $8.75 million, the highest Chicago-area home price so far in 2020
Chicago Tribune - 13 Jun 2020 07:13
A Winnetka mansion known as "Le Grand Reve" sold for $8.75 million after more than 10 years on the market.
9 tech skills that will land you a salary of $125,000 or more
Business Insider - 13 Jun 2020 15:20
Flickr/Thomas Bonte Stack Overflow, a popular Q&A site for developers, surveyed 65,000 users about what programming languages they use and their salaries. Based on those responses, Stack Overflow compiled a list of which...
Lawmakers label British Airways 'national disgrace' over jobs
Reuters - 13 Jun 2020 01:04
British Airways was labelled a "national disgrace" by lawmakers for its treatment of employees on Saturday, adding to pressure on the airline as it juggles job cuts and new quarantine rules.
After GitHub CEO backs Black Lives Matter, workers demand an end to ICE contract
L.A. Times - 13 Jun 2020 03:39AT&T is offering Warner Bros. game division for sale
Venture Beat - 13 Jun 2020 23:05
AT&T is offering its Warner Bros. Interactive Entertainment (WBIE) division up for sale, according to a CNBC report as well as our own reporting. Citing unnamed sources, CNBC said Friday that potential bidders included T...
F1 Teams Could Face 110 Days Of Quarantine
Forbes - 13 Jun 2020 22:12Xseed will bring Story of Seasons: Friends of Mineral Town to PC, publish Potionomics
Venture Beat - 13 Jun 2020 21:58
Xseed is bringing Story of Seasons: Friends of Mineral Town to PC, and it's signed a publishing agreement for Potionomics, too.
Full benefits, $50,000 in starting pay and no degrees needed -- here's why now might be the time to start trucking
CNBC - 13 Jun 2020 16:00
New truckers can make $50,000 with full benefits after about seven weeks of training. Here's an inside look at the lives of people who drive for a living.
Employees Take Action After Protests With Matching Programs
Wall Street Journal - 13 Jun 2020 16:00
Amid protests over racial inequality, people are looking to company donation-matching programs to help maximize their donating power.
King Dollar Is a Deadly but Dangerous Trump Card in U.S.-China Fight
Wall Street Journal - 13 Jun 2020 15:00
If the U.S. chooses to, it could seriously damage China in the financial realm--and China has little capacity to retaliate. Using such powerful tools carries risks, however.
Amazon's business practices examined by two U.S. states
Reuters - 13 Jun 2020 11:57
State investigators in both California and Washington are examining Amazon's business practices, two newspapers reported, citing people familiar with the matter.
Masks Help Stop The Spread Of Coronavirus, Studies Say--But Wearing Them Still A Political Issue
Forbes - 13 Jun 2020 23:00Amazon announces New World closed beta on July 23 and unveils combat system
Venture Beat - 13 Jun 2020 22:15
Amazon Games announced that its New World massively multiplayer online game will have a beta test available on July 23. It also showed the combat system.
Icarus is the new survival game from the creator of DayZ
Venture Beat - 13 Jun 2020 21:48
Icarus is a session-based survival game from the creator of DayZ. It wants to capture the feeling of playing through the first hour of Minecraft.
Don't Buy The One Cloud Stock That Passes Jim Cramer's 'Rule Of 40' Test
Forbes - 13 Jun 2020 21:47How crowdfunding is supporting Black livelihoods and communities
Venture Beat - 13 Jun 2020 21:12
Regulation Crowdfunding platforms hold the potential to break down barriers to funding black-founded startups and democratizing access to capital.
Iron Gate Studio shows off Valheim, a survival game with Vikings
Venture Beat - 13 Jun 2020 20:30
The world of Valheim got its debut at the PC Gaming Show on Saturday, as developers showed a trailer that gave a feel for the viking survival game.
Torchlight III launches on Steam Early Access
Venture Beat - 13 Jun 2020 20:22
Torchlight III has launched on PC via Steam Steam Early Access. This happens on the same day as when the game showed up during the the PC Gaming Show.
Persona 4 Golden comes to PC via Steam
Venture Beat - 13 Jun 2020 20:02
Atlus has released Persona 4 Golden on PC via Steam. The debut happened right before the start of the PC Gaming Show today.
When 'quick wins' in data science add up to a long fail
Venture Beat - 13 Jun 2020 19:25
Businesses invest in data science because it promises to be transformative. But quick wins don't transform; they reinforce the status quo.