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Business News

Location American Business News for 19 July 2020

Your Company Says Diversity Is a Higher Priority. Now What?

Wall Street Journal - 19 Jul 2020 15:00
Your Company Says Diversity Is a Higher Priority. Now What? Calling for change is the easy part. Here are concrete steps recommended by diversity experts and corporate professionals to go from talk to action.
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U.S. Companies Lose Hope for Quick Rebound From Covid-19

Wall Street Journal - 19 Jul 2020 11:30
U.S. Companies Lose Hope for Quick Rebound From Covid-19 Business executives who were bracing for a monthslong disruption due to the coronavirus are now thinking in terms of years. Their job has changed from riding it out to reinventing roles and strategies.
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Sixt Seizes Opportunity in the U.S.

Wall Street Journal - 19 Jul 2020 14:00
Sixt Seizes Opportunity in the U.S. As the pandemic has crushed the car-rental industry, Germany's Sixt is pushing ahead with a rapid expansion in the U.S. The company has a U.S. sales target of $1 billion in the next five years.
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Take a closer look at Instagram Reels, Facebook's TikTok rival coming to the US next month (FB) Instagram Reels, Facebook's competitor to TikTok, is expected to roll out in early August to users in the US and several other countries. It's already being tested in India, Brazil, France, and Germany. Reels is a new fo...
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This Sector Could Be A Nasdaq-Beater. How To Size It Up. When Consumer Staples stocks outperform tech, its usually means a rough market. If you follow the stock market, you know that the technology sector has been in a class by itself.
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Which One Will Win: The Unstoppable Virus Or The V-Shaped Recovery? Meanwhile, China is growing, rest of world shrinking. How is this happening?
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Criminal Extradited from Cyprus for Allegedly Stealing Bitcoin DOJ extradites two criminals, one for stealing Bitcoin, from Cyprus.
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How a struggling biotech won $1.6 billion to make a coronavirus vaccine Executives from the Bill & Melinda Gates Foundation, which helped found and finance the nonprofit, were on the line, enthusiastic about Novavax, a small biotech company they thought had the potential to develop a vaccine...
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Amazon Primed: New Shopping Tech Launch, Attempted Murder, Brexit EU/UK Seller Woes New tech, a weird employee incident and Brexit woes for Sellers.
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A photographer spent 40 years documenting America's unique roadside attractions in more than 11,000 photos. Here are the coolest ones. The Library of Congress just released more than 11,000 images of roadside attractions and classic Americana into the public domain. Critic and photographer John Margolies took the high-resolution photos over 40 years of ...
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An Earnings Snapshot That Shines a Light on a Messy Economy

Wall Street Journal - 19 Jul 2020 15:00
Here are five coming earnings reports for investors to watch to get the broadest
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The White House wants to cut $35 billion of funding for extra coronavirus testing and the CDC from a relief bill Drew Angerer/Getty Images The Trump administration is seeking to cut funding to boost coronavirus testing from a new relief bill, reported The Washington Post. The White House is also reportedly seeking to exclude fundin...
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Auto Makers Charge Ahead With Electric-Vehicle Plans

Wall Street Journal - 19 Jul 2020 13:00
Auto Makers Charge Ahead With Electric-Vehicle Plans Pressure is building on General Motors, Volkswagen and other major car companies to deliver on their electric-vehicle plans, as investor enthusiasm for the technology has grown in recent months.
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Jorge Jesus Leaves Flamengo Basking In His Afterglow. What's Next? The Portuguese coach's legacy is yet to be defined.
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11 books to help grow your career during a recession -- with tips on how to get hired, promoted, and find meaningful work The US is now facing a looming recession, leaving many people uncertain about their career prospects. While these are unique circumstances, it can still be helpful to read up on expert advice and the accounts of other pr...
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'Worthless Coin' -- McAfee Says He Never Believed Bitcoin Would Hit $1M John McAfee says he never believed Bitcoin would hit $1 million in a recent tweet, backtracking from his previous prediction.
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You're taking a bet you may not fully realize
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I ate at an outdoor restaurant in NYC built on what was once the world's smallest aircraft carrier. The vibe was great but the food was a huge dissapointment. The "world's smallest aircraft carrier" is now an outdoor bar on the Hudson River in West Harlem, New York. The Baylander Steel Beech opened for business in early July offering Manhattanites a reprieve from the standard ...
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Is Biden's Energy Plan Good For Utilities?

Forbes - 19 Jul 2020 13:30
Is Biden's Energy Plan Good For Utilities? It's almost four months until November. Election results have historically been poor forecasters of economic outcomes. And mixing political preference with portfolio strategy is often hazardous to your wealth.
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FMCG maker ITC too expects new lockdowns to create disruptions in terms of production and supply.FMCG players had started to re-establish their supply chain in May and gradually ramped up as markets reopened, which had c...
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How The Markets Will React To The 2020 Election Multiple studies have been done on U.S. elections and the stock market. Here's what may be in store for November.
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The recent explosion of e-commerce driven by COVID-induced lockdowns around the world has been met with almost unanimous and giddy excitement.
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