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Location American Business News for 6 July 2020
Who knew that dividends could be so contentious? Here's my response to 12 reader questions.
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Ennio Morricone, Oscar-Winning Italian Composer Famous For Spaghetti Western Scores, Dies Aged 91 Morricone's influential work spanned 400 scores, including the world-famous Good, Bad and the Ugly 1966 soundtrack.
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This $2 million Streeterville penthouse comes with its own boat slip and 4 parking spaces Two condos were converted into this 3,400-square-foot, three-bedroom home with views of Lake Michigan, the Chicago River and the Chicago skyline.
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You Find Yourself in the Circle

The New Yorker - 6 Jul 2020 13:51
Joe Sacco's comic illustration, excerpted from his forthcoming book "Paying the Land," illuminates life growing up among the indigenous people of North America.
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China's Semiconductor Contender Isn't Holding That Many Chips

Wall Street Journal - 6 Jul 2020 12:07
China's SMIC will benefit from local sales, but may struggle to boost margins and avoid the long arm of U.S. technology usage restrictions
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KFC Malaysia Makes 86-Track Playlist, Marking Each Day Its Stores Were Closed Life has been tough for communities throughout lockdown all over the world. But it's not just people who are missing company--inanimate objects are too, as KFC Malaysia illustrated in its latest campaign to promote the r...
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The Benefits of Calling Yourself a 'Trader' for Tax Purposes

Wall Street Journal - 6 Jul 2020 02:38
Filing for trader taxpayer status can save a lot of money--but it may not be a designation that's easy to get.
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'There will be hundreds of fintech failures'

American Banker - 6 Jul 2020 18:05
Jane Gladstone, new president of Promontory Interfinancial Network, says the recession will accelerate the shakeout among the nonbank disruptors and that small banks have an opportunity to forge new bonds with the surviv...
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CNBC's Diana Olick reports the latest regarding the coronavirus mortgage bailout numbers.
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The Agra and Kanpur metro rail projects will have two corridors each, connecting major public nodes.Trains will be manufactured at Bombardier's Savli and Maneja sites near Vadodara in India
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Are Stock Investors 'Irrationally Exuberant' Again?

Wall Street Journal - 6 Jul 2020 02:46
One of the current narratives about the market is that it's being boosted by foolishly optimistic investors. The numbers don't support that.
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Nokia, Hurt by Costly 5G Chip Mistake, Struggles to Catch Huawei In the global race for 5G supremacy, Nokia bet big on the wrong computer chip. Now the Finnish giant is trying to make up market share lost to competitors, including China's Huawei.
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Warren Buffett's Bet Is a Midstream Buying Signal

Wall Street Journal - 6 Jul 2020 20:07
Berkshire Hathaway's long-awaited pandemic-era purchase in a seemingly difficult business might seem like odd timing, but there is good logic behind it.
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Cleveland Indians Will Review Name After Redskins Controversy The Cleveland Indians announced via Twitter late Friday that it would consider a name change. The team posted a statement saying, "We are committed to engaging our community and appropriate stakeholders to determine the ...
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These mortgages, which proliferated leading up to the financial crisis of 2008-2009, generally come with stricter standards than in the past. Nevertheless, they still come with risk for the buyer.
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Blackpink, Kanye West, Travis Scott And Will Ferrell: 5 Major Moves On This Week's U.K. Singles Chart Will Ferrell currently claims as much real estate on the U.K. singles ranking as Blackpink.
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What's Happening At The Autism Job Club During The Pandemic At the Autism Job Club, adults with autism, family members and friends work together to help each other find jobs. The pandemic has raised the stakes, and necessitated new job strategies.
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Looking Overseas For A Lift: China Strength Spills Into Wall Street As Economic Hopes Gain The market today is looking overseas for influence, where China put on huge gains Monday. The strength there could reflect hopes of avoiding a second lockdown, and some investors here seem to believe that could be a good...
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How To Diversify Your Real Estate Portfolio With the public market shrinking, it's important to know how to diversify within the private market.
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Why Investors Have Learned to Love Wind and Solar Power

Wall Street Journal - 6 Jul 2020 11:32
After a stormy, dependent youth, the wind-and-solar-energy industries have matured into boring, profitable middle age. This year's plunging interest rates make that a more appealing proposition than ever for investors.
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NYC grocers struggle to hire while workers bank on unemployment claims New York City supermarkets are getting inundated with unemployment claims -- while most of them are looking to hire workers during the coronavirus lockdown, not fire them. Morton Williams, which operates 16 stores in the...
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U.S.-Stock Funds Rose 23.5% in the Quarter

Wall Street Journal - 6 Jul 2020 02:45
Quarterly Monitor: Funds investing in U.S. growth, science and tech stocks did best. Bond funds, meanwhile, are also up for the year to date, and money is flowing there.
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