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Business News

Location American Business News for 12 July 2020

Christophe Cieters: Monopoly Money

Bitcoin.com - 12 Jul 2020 00:10
Christophe Cieters: Monopoly Money As money developed and people opted to place it in secured storage, banks started issuing banknotes which represented a client’s deposit at the bank and the promise to redeem each note for the amount of gold it represe...
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LeBron James Rejects Wearing By declining to wear a social justice message on his jersey, LeBron James isn't tuning his back on causes that matter to him. He's demonstrating that actions can speak louder than words.
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OPEC, Allies Set to Ease Oil Cuts, Seeing Pandemic Recovery

Wall Street Journal - 12 Jul 2020 01:32
An alliance of crude producers led by Saudi Arabia is pushing OPEC and its allies to increase oil production starting in August, officials in the group said, amid signs that demand is returning to normal levels following...
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With climate change, as with the COVID pandemic, waiting for the private sector to solve the issue is not going to work.
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US Dept of Homeland Security Buys Analytics Software From Coinbase Coinbase is selling its blockchain analytics software to the U.S. Department of Homeland Security and the U.S. Secret Service. Following criticisms from the crypto community, CEO Brian Armstrong defended Coinbase’s pos...
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11 states helping people save for retirement when their employers don't Around a third of the US workforce does not have access to a retirement savings plan at work. Research shows people are 15 times more likely to save for retirement when a plan is operated by their employer and contributi...
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Tech CEO Michael Lofthouse Steps Down After Being Filmed Hurling Racist Insults At An Asian Family Lofthouse confirmed he stepped down from IT firm Solid8 this week, adding that his comments were "racist, hurtful and deeply inappropriate."
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Do You Dare Switch Jobs in the Coronavirus Economy?

Wall Street Journal - 12 Jul 2020 11:30
Do You Dare Switch Jobs in the Coronavirus Economy? Workers debating a change sweat their security and how to make a good impression with new colleagues while many are still in lockdown.
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Petition To Cancel Student Loans Reaches 1.2 Million Signatures 1.2 million signatures to cancel student loan debt.
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Manufacturers Forge Ahead With Tech, R&D Projects, Despite Capex Cuts Manufacturers have scaled back spending on large projects during the coronavirus pandemic, but many say they're continuing with software upgrades and technology initiatives to keep up with changing customer needs and rem...
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7 Promising REIT Dividends For The Next Phase Of Lockdowns Lockdowns have been tough on real estate investment trusts (REITs).
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Bobbi Brown Cosmetics Is Back With A New Way To Present Its Less-Is-More Makeup Message Bobbi Brown Cosmetics introduces an online makeup consultation service that opened the eyes of the company to the intrinsic value of the brand that went unrecognized for too long.
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10 Real Estate Tools Entrepreneurs Should Be Familiar With Real estate can be a fickle beast. These 10 tools can help entrepreneurs maximize their success in a tricky industry.
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A The Recovery's shape was never going to be a CAPITAL "V." Like in the post-Great Depression period or the post-1918 pandemic period, consumer behavior will radically change.
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5G Risk? Huawei Is Small Potatoes Compared To TSMC (Who?) If Huawei were to disappear tomorrow, it would disrupt but not derail 5G. If TSMC were to disappear, or be neutralized, it would cripple 5G and many other facets of the digital economy.
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Wire transfer fees tend to be expensive, but you may be able to lessen the cost depending on your bank Wire transfers send money nearly instantly to another person's account. Wire transfer fees are generally between $25 and $30 for outgoing transfers to a bank account within the US, and between $45 and $50 for transfers g...
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The Nasdaq Is Partying Like It's 1999. What To Do About It. The stock market is sending a relentless message Depending on your age, your view of the Nasdaq is different.
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Fed, Treasury Disagreements Slowed Lending Plan

Wall Street Journal - 12 Jul 2020 15:00
Fed, Treasury Disagreements Slowed Lending Plan Disagreements between leaders at the Fed and Treasury slowed the start of their flagship lending initiative for small and midsize businesses.
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Retail On The Ropes, Four Ways It Can Come Out Fighting But one thing the COVID-19 pandemic has provided us with is an opportunity to do exactly that, to unpick all that work, to reshape and re-imagine our town centers into being more pleasant, attractive and therefore greene...
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Why China Isn't Expected to Power a Global Recovery

Wall Street Journal - 12 Jul 2020 14:00
Why China Isn't Expected to Power a Global Recovery During the 2008-09 financial crisis, China's soaring demand boosted growth world-wide. China isn't poised to help as much now, as the country shows restraint on stimulus spending and takes advantage of increased self suf...
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Canada's Secret Cold War Submarine Drone Is Still Relevant Today During the Cold War NATO navies believed that Russian submarines were using the ice cap in the Canadian arctic as cover to covertly move between the Atlantic and Pacific. To find them, Canadian engineers had to build the...
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State Reopenings Fuel Stock Market Surge: Here's Why Despite continued growth in COVID-19 infections, the stock market has surged for two reasons. First, the economic recovery has beat expectations for both May and June. Second, hospitals are not overwhelmed and the supply...
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