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Business News

Location American Business News for 15 June 2020

Scenes from Plagues in Literature

The New Yorker - 15 Jun 2020 22:16
Glynnis Fawkes humorously illustrates how characters in the Iliad, the Decameron, "Jane Eyre," and other historical literary works react to disease and pandemics.
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Former Bike Shop Owner--Soon To Be Ireland's Prime Minister--Secures €1-Million-A-Day-For-5-Years Boost For Walking And Cycling A former bike shop owner has secured a substantial financial settlement for active travel in the Republic of Ireland.
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24 Hour Fitness is permanently closing over 130 of its gyms across the US - here's the full list REUTERS/Jeenah Moon 24 Hour Fitness is permanently closing over 130 locations across the US and has filed for Chapter 11 bankruptcy after being hard hit by the coronavirus pandemic. A large portion of the gyms that will ...
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Top Consumer Stocks For June

Forbes - 15 Jun 2020 19:32
Top Consumer Stocks For June Despite being deemed "non-essential," many discretionary stocks have seen healthy to significant gains over the past six months. Our AI has compiled a list of stocks that have been ranked the top consumer discretionary s...
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Operators Sue Choice Hotels Over Supplier Program, Alleged Discrimination Franchisees under such brands as Sleep Inn and Comfort Suites are suing Choice Hotels, claiming they pay inflated prices for supplies and that white hoteliers are favored over operators with South Asian backgrounds.
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Drizly, Minibar, and Saucey all deliver alcohol from local liquor stores within an hour -- here's how they compare Drizly, Minibar, and Saucey are three of the most popular alcohol delivery services out there right now. They partner with liquor stores in your area to bring you beer, wine, and spirits when you can't or don't want to l...
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WhatsApp is launching a digital payment system in Brazil in what will be the feature's first nationwide rollout (FB) Soumyabrata Roy/NurPhoto via Getty Images Encrypted messaging platform WhatsApp is launching a digital payment system. The service will launch on the app across Brazil Monday in what will be its first nationwide rollout....
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Asian shares stumbled on Monday and oil prices slipped as fears of a second wave of coronavirus infections in Beijing sent investors scurrying for safe-havens while underwhelming data from China further weighed on sentim...
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Volkswagen AG's Mexican unit will begin sending workers back to its plant in the central state of Puebla on Tuesday for "preparation and training eyeing a gradual start further ahead," the company said in a statement on ...
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Campbell Soup's Game Plan to Keep Growing After Lockdown

Wall Street Journal - 15 Jun 2020 02:35
Campbell Soup's Game Plan to Keep Growing After Lockdown The coronavirus has consumers flocking to comfort foods. Campbell Soup wants to capitalize on that.
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The case, which turns on how to interpret the 1986 Computer Fraud and Abuse Act, could set precedents for crypto in the years ahead.
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Organic Wine And Biodynamic Wine, What Is It, Exactly? Organic and biodynamic wines are gaining in popularity. In some big wine countries demand might even outstrip supply within a couple of years. The concept of organics feels complicated at times but actually it is not. Bu...
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Prairie-style Maywood home designed by John Van Bergen sells for $860,000 A four-bedroom, 4,732-square-foot house on 2.9 acres in Maywood that was designed by Prairie-style architect John Van Bergen sold Friday for $860,000.
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Oil Prices Slide on Renewed Demand Concerns

Wall Street Journal - 15 Jun 2020 16:07
Oil prices fell, sliding for the third consecutive session with traders worried that a rise in global coronavirus cases will further weaken demand for fuel.
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In China, banks and internet lenders trying to collect on a growing pile of overdue credit-card bills and personal loans are resorting to sometimes aggressive tactics to get borrowers to repay.
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H&M , the world's second-biggest fashion retailer, on Monday reported a sharp but slightly smaller than expected drop in second-quarter sales as measures to slow the COVID-19 pandemic slammed the sector.
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Subway franchise owners revolt over new $10 promo

New York Post - 15 Jun 2020 03:47
Subway franchise owners revolt over new $10 promo The $5 footlong is back -- and most of Subway's mom-and-pop store operators are not happy about it. Starting on Tuesday, America's largest restaurant chain will begin promoting a version of the sandwich special that put ...
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The stock jumped more than 50% on the over-the-counter market after promising data from early research.
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Giovanti Humphries, Co/Founder GW Holdings: A Brilliant Cannabis Entrepreneur The exposure to positive cannabis culture at an early age allowed me to form an uncommon perspective: I have always perceived cannabis as a medicine first and foremost, and as something that brought people together.
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Fears of a second wave of COVID-19 infections sent jitters across global markets on Monday with stocks and oil under pressure while investors bought into safe havens such as government bonds.
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Electricity Looking Hot, Hot, Hot in Texas

Wall Street Journal - 15 Jun 2020 13:00
Texas is expected to be one of the only major U.S. power markets with higher electricity demand this summer, which bodes for an exciting few months for some energy companies.
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Has Wheaton Precious Metals Stock Peaked?

Forbes - 15 Jun 2020 12:00
Has Wheaton Precious Metals Stock Peaked? Despite a 58% rise in Wheaton Precious Metals' stock from its March lows of this year, at the current market price of $38, we believe WPM has already reached its near term potential. WPM's stock has rallied from $24 as o...
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