Business News
SolarEdge Stock Rallies To $150 - Too Good To Be True?
Forbes - 9 Jul 2020 15:30Can Halliburton Stock Jump 2x To Reach $25 Again Anytime Soon?
Forbes - 9 Jul 2020 14:004 years later, and 'Pokémon Go' players have spent nearly $4 billion on the wildly popular smartphone game (NTDOY, GOOGL)
Business Insider - 9 Jul 2020 15:58
Just over four years ago, "Pokémon Go" launched for smartphones and sparked a worldwide phenomenon. With tens of millions of players around the world, "Pokémon Go" has been a smash-hit success: Players have spent nearl...
Sweden's controversial anti-lockdown strategy resulted in a high death toll and no real economic gain, data shows
Business Insider - 9 Jul 2020 08:31
Sweden's controversial coronavirus strategy has not resulted in significant economic gains, data indicates, and has instead left the country with a far deadlier outbreak than its Nordic neighbors. Sweden has never issued...
Rolls-Royce Is the Avatar for All of Aviation's Gloom
Wall Street Journal - 9 Jul 2020 16:52
In most industries, service revenues are the kind of resilient income stream companies want in a crisis. Aviation is the exception--and Rolls-Royce the public face of it.
CEO of Century 21 parent says suburban home search is up across the country, following New York's lead
CNBC - 9 Jul 2020 21:48
"In every urban geography, the web traffic ... has changed, versus 6 to 12 months ago, to be much more suburban," Realogy CEO Ryan Schneider said.
America is on a Lumber Binge
Wall Street Journal - 9 Jul 2020 16:44
Prices for forest products like lumber and plywood have soared because of booming demand from home builders making up for lost time, a DIY explosion and a race among restaurants and bars to install outdoor seating.
New York City rentals experience worst June in more than a decade amid Covid-19 crisis
CNBC - 9 Jul 2020 15:54
Data on rentals out of New York City signal a crisis with city residents emptying out fast. CNBC's Robert Frank reports.
U.S. may need another 1 billion square feet of warehouse space by 2025 as e-commerce booms
CNBC - 9 Jul 2020 14:01
With online sales proliferating during the coronavirus pandemic, the U.S. is going to need more warehouses to store hoards of boxes and handle those orders.
Wells Fargo tells new clients they need $1 million in balances for certain mortgage refinancings
CNBC - 9 Jul 2020 17:54
The move shows how Wells Fargo, the largest U.S. mortgage lender and biggest player in jumbo mortgages, is operating under the dual pressures of the coronavirus pandemic and a Federal Reserve cap on its balance sheet.
A look at Kanye West's strange plans to build the Wyoming home of his dreams
Chicago Tribune - 9 Jul 2020 22:58
In September, West reportedly purchased a 9,000-acre ranch in Cody known as Monster Lake Ranch. It was most recently listed for $14 million, though the final price paid by the rapper is unknown.
Apple debuts iOS, iPadOS, and tvOS 14 public betas, macOS 11 and watchOS 7 'soon'
Venture Beat - 9 Jul 2020 19:46
The new Apple operating systems for iPhone, iPad, and Apple TV are out for public beta testing today, with Mac and Apple Watch betas to follow soon.
Evictions could hit crisis level--Here's how it's impacting real estate trends
CNBC - 9 Jul 2020 19:33
CNBC's Kelly Evans breaks down the threat of evictions amid coronavirus and trends in the housing sector with CNBC's Diana Olick and Ryan Schneider, CEO of Realogy.
Researchers propose AI for detecting fraudulent crowdfunding campaigns
Venture Beat - 9 Jul 2020 15:50
In a new preprint study, researchers propose AI to detect fraudulent crowdfunding campaigns at publication time -- even without donor activity.
Your income took a hit. Now what?
CNBC - 9 Jul 2020 14:57
About half of Americans have lost some household income because of the pandemic. Here's what you can do to strengthen your situation.
Home sales are 'strongest' in Texas, Arizona and other coronavirus hot spots, Taylor Morrison CEO says
CNBC - 9 Jul 2020 01:10
Taylor Morrison saw home sales almost double in June from a year ago. The strong showing was aided by the company's new virtual appointment system amid the pandemic.
Co-living provides inexpensive luxury for renters, but COVID-19 complicates the communal lifestyle: 'Social distancing was impossible'
Chicago Tribune - 9 Jul 2020 16:42
The co-living lifestyle, which allows renters to lease a private bedroom in a shared apartment, comes with some challenges amid COVID-19.
Merkel says the coronavirus pandemic has exposed leaders who rely on 'fact-denying populism'
Business Insider - 9 Jul 2020 16:21
Angela Merkel says that the coronavirus pandemic has exposed those who rely on 'fact-denying populism' as she criticised world leaders who promoted 'lies and disinformation.' 'We are seeing at the moment that the pandemi...
Go deep at Transform 2020: Workshops on automation, explainable AI, chatbot building, and design thinking
Venture Beat - 9 Jul 2020 15:50
Four day-long workshops on different AI topics provide in-depth learning, meaningful insights and action items necessary to grow and scale your business.
Warren Buffett tumbles to his lowest ever position on the list of the world's richest people after a $2.9 billion charity donation
Business Insider - 9 Jul 2020 16:20
Billionaire investor Warren Buffett donated $2.9 billion worth of Class B shares in his Berkshire Hathaway charity this week, taking his total philanthropic contributions to $37 billion in 14 years. The donation, however...
Tyson Turns to Robot Butchers, Spurred by Coronavirus Outbreaks
Wall Street Journal - 9 Jul 2020 16:08Miserable Economic Outlook Could Yield Record Gold Prices
Wall Street Journal - 9 Jul 2020 12:03
The tumbling real yield on U.S. government bonds has helped drive gold prices higher--and there is little reason to expect yields to rebound in the near future.