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Business News

Location American Business News for 13 June 2020
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.
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Extending the extra $600 could create a disincentive to return to work, some lawmakers say.
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Winnetka mansion sells for $8.75 million, the highest Chicago-area home price so far in 2020 A Winnetka mansion known as "Le Grand Reve" sold for $8.75 million after more than 10 years on the market.
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9 tech skills that will land you a salary of $125,000 or more 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...
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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.
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After GitHub CEO backs Black Lives Matter, workers demand an end to ICE contract At Microsoft-owned GitHub, the parent company's decision to stop offering facial recognition software to police reinvigorated internal opposition to a deal with Immigration and Customs Enforcement.
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AT&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...
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F1 Teams Could Face 110 Days Of Quarantine

Forbes - 13 Jun 2020 22:12
F1 Teams Could Face 110 Days Of Quarantine Staff at F1 teams may have to self-isolate for 110 days next year if they want insurance coverage against Covid-19 according to an underwriter with knowledge of sports policies.
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Xseed is bringing Story of Seasons: Friends of Mineral Town to PC, and it's signed a publishing agreement for Potionomics, too.
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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.
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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.
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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.
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State investigators in both California and Washington are examining Amazon's business practices, two newspapers reported, citing people familiar with the matter.
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Masks Help Stop The Spread Of Coronavirus, Studies Say--But Wearing Them Still A Political Issue Arizona's governor hasn't made wearing masks mandatory even as new cases surge.
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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.
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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.
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Don't Buy The One Cloud Stock That Passes Jim Cramer's 'Rule Of 40' Test Jim Cramer recommended 17 cloud stocks -- Salesforce is the one that actually passes his 'rule of 40' test. But it does not look like a great investment.
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Regulation Crowdfunding platforms hold the potential to break down barriers to funding black-founded startups and democratizing access to capital.
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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.
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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.
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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.
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Businesses invest in data science because it promises to be transformative. But quick wins don't transform; they reinforce the status quo.
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