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Business News

Location American Business News for 16 June 2020
FC Barcelona Versus Leganes Preview, Team News And Starting Lineup Fresh off Saturday's impressive 0-4 win at Mallorca, FC Barcelona return to the Camp Nou to host Leganes in La Liga.
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Hedge fund coach claims 'Billions' trolling her by dressing character in favorite outfit It's not about who wore it better, it's about who wore it first. Hedge fund performance coach Denise Shull says the creators of hit TV show "Billions" are thumbing their noses at her claims that she was the inspiration f...
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GoFundMe froze $350,000 in contributions after Black Lives Matter supporters mistakenly donated to an unaffiliated group with the same name (AAPL, GOOG, GOOGL, MSFT) Tayfun Coskun/Anadolu Agency via Getty Images GoFundMe has frozen $350,000 in donations to a group called Black Lives Matter Foundation after BuzzFeed News informed them the group is unaffiliated with the BLM movement. T...
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Why Leaders Must Listen, And Not Just Hear

Forbes - 16 Jun 2020 15:34
Why Leaders Must Listen, And Not Just Hear Effective listening is an undervalued skill that is, unfortunately, often neglected in the modern working world.
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Goldman Goes Main Street With Push Into Corporate Bank Accounts

Wall Street Journal - 16 Jun 2020 12:30
Goldman Sachs--the go-to bank for complex trades and high-stakes mergers--is trying to become a player in the staid business of managing corporate cash.
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United says it will ban passengers who do not abide by its requirement to wear masks on board flights (UAL) United Airlines United Airlines said it will ban passengers who refuse to wear a mask on board flights during the coronavirus pandemic. The length of the ban will be determined after a security incident review. Passenger...
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Lake Shore Drive mansion has a buyer after $11 million in price cuts After $11 million in price cuts, a 12,000-square-foot mansion at 1516 N. Lake Shore Drive in Chicago has a buyer. The International College of Surgeons has been trying to sell the mansion, built in 1916, since 2015.
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Home improvement lending heating up during pandemic

American Banker - 16 Jun 2020 19:47
Shelter-in-place orders have given homeowners the time to pursue upgrades and repairs, and banks are seizing the opportunity to help finance the projects.
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Kevin Durant Buys 5% Stake In Philadelphia Union, Adding To NBA Influence Among MLS Owners Durant is the second currently active NBA player to buy an interest in an MLS club after the Houston Rockets' James Harden joined the Houston Dynamo's ownership group. But that's just the start of the collective financia...
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Shares of Square Inc. are up 4%, on track for their highest close in 20 months after retail sales showed a record increase in May, indicating that consumer spending may be coming back more quickly than anticipated.
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Amazon said founder and Chief Executive Jeff Bezos was willing to testify to a congressional panel investigating potential violations of U.S. antitrust law.
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Fed Outlines Proposal to Lend Money to Nonprofits

Wall Street Journal - 16 Jun 2020 00:38
Fed Outlines Proposal to Lend Money to Nonprofits The Federal Reserve outlined a proposal Monday to include nonprofit organizations in its previously introduced $600 billion lending program for small and midsize businesses disrupted by the coronavirus pandemic.
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What's next for AI? You tell us!

Venture Beat - 16 Jun 2020 00:17
This may be the year artificial intelligence moves firmly into the enterprise, with big moves from the likes of IBM, Salesforce, and Microsoft.
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Moving Beyond Diversity Toward Racial Equity

Harvard Business Review - 16 Jun 2020 16:10
Three actions to take today — and every day.
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Dropbox has announced a slew of new features for personal and business users today, including a family plan, password manager, and computer backup tool.
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ICICI Lombard General Insurance is offering covid-19 benefits in health plans such as home healthcare and reduction in the waiting period
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SBA Opens Up New Grants And Loans For Small Businesses And Independent Contractors: The EIDL Program The SBA announced it is again opening up its Economic Injury Disaster Loan (EIDL) grant and loan program to help those affected by the coronavirus pandemic.
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Morgan Stanley's former head of diversity sued the bank, saying it hadn't done enough to promote people of color and that it fired her in December. The Wall Street firm rejected the allegations.
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5 Questions And Answers By Mike Beaudry, Founder/CEO Of HERBL. HERBL is California's largest cannabis distributor and supply chain solutions company servicing more than 850 storefront and non-storefront retail licensees. Founded in 2016, HERBL's team is composed of distribution and ...
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Fashion retailing has become challenging thanks to store closures and pandemic concerns, but web-based AR try-on tools could help stores sell more online.
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Salary and job cuts have taught families to curtail unnecessary expenses and save more aggressively.One of the major realizations people have had is that how little they need and how much they want
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Latest Infrastructure Chatter Lifts Construction Stocks

Wall Street Journal - 16 Jun 2020 21:24
Hopes for an eventual infrastructure bill by the Trump administration sent shares of several construction stocks higher.
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