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Business News

Location American Business News for 21 July 2020

How to open a Senior Citizen Savings Scheme Account?

livemint.com - 21 Jul 2020 11:00
Eligibility, features, how to open and everything you want to know about Senior Citizen Savings Scheme Account (SCSS)
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The Best Defense Is Defense

Wall Street Journal - 21 Jul 2020 16:14
Lockheed Martin's second-quarter results show why it is a great company to own during a pandemic.
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This Year, The Political Conventions Will Look A Lot Different Political conventions have become sprawling multifaceted televised events. With the pandemic, this years conventions will be far more subdued. Will viewers be interested?
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A $70 million partnership between Nvidia and the University of Florida will fund the creation of one of the most powerful academic AI supercomputers.
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5.8 Million Watch Chris Wallace Interview With President Trump Wallace's interview made news--and drew millions of viewers to Fox Broadcasting and Fox News Channel.
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Several measures to bring financial relief to Americans are about to go away, unless Congress acts.
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How Spotify and TikTok Beat Their Copycats

Harvard Business Review - 21 Jul 2020 14:05
In the digital economy, innovators often lose out to more agile imitators.
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How Harvard's Star Computer-Science Professor Built a Distance-Learning Empire Eren Orbey on how Harvard's David Malan has worked to perfect online teaching, and what lessons his introductory course, CS50, might hold for the future of higher education, both during and after the coronavirus pandemic...
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Shocked at Expensive Stocks? Bonds Might Be Worth a Look

Wall Street Journal - 21 Jul 2020 11:22
Shares in American companies are the most expensive they have been in almost 20 years. Bonds from American companies aren't even as expensive as they were this February. Are corporate bonds offering a bargain that the st...
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China used the labor of persecuted Uighur people to make personal protective equipment (PPE) that was then exported to the US and other countries, a new New York Times report found. Many Chinese factories use a work prog...
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Back in February, just before the coronavirus hit the U.S. economy with a vengeance, rent growth for single-family homes had hit its highest pace in four years. Barely three months later, that growth plummeted to a decad...
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Russia Shelves Plans to Criminalize Bitcoin Transactions - For Now Russia has dropped plans to criminalize bitcoin transactions – for now, according to local media reports. The Digital Financial Assets Bill (DFA), due to be read for the second time in the Russian parliament – or Sta...
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U.S. Companies Get Tax Reprieve in IRS Foreign-Income Rules

Wall Street Journal - 21 Jul 2020 02:03
U.S. Companies Get Tax Reprieve in IRS Foreign-Income Rules The Treasury Department relaxed some tax rules on U.S.-based multinational corporations, issuing final regulations that give relief to companies operating in high-tax foreign countries.
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"Why do I want to pour government money, my money as a taxpayer, into businesses that are not going to survive?" said "Shark Tank" investor Kevin O'Leary.
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Dow Jumps 200 Points As Investors Wait For More Coronavirus Stimulus Companies like Coca-Cola and IBM beat earnings on Tuesday.
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Why Walmart Should Buy Walgreens Now

Forbes - 21 Jul 2020 14:11
Why Walmart Should Buy Walgreens Now The acquisition of Walgreens by Walmart has benefits that are immediate and long-term, strategic and tactical. It is driven by changes in consumer behavior that have been impacted by the pandemic and shutdown. And while ...
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Join Me in My Blissful Seven-Day Yoga Challenge for Unsettling Times Kate Tellers humorously imagines a yoga routine to bring inner peace to parents who are forced to homeschool their children owing to the coronavirus pandemic.
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Corona Rakshak could suit you if you already have health insurance but feel that a covid-19 diagnosis could result in loss of income
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Former Wendy's exec takes over as CEO of Chicago-based Potbelly Potbelly, the Chicago sandwich chain hit hard by the pandemic, has hired former Wendy's executive Robert Wright as its new CEO.
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Elon Musk Is Now The Fifth Richest Person In The World Musk ranked outside of the top 30 on Forbes' Billionaires List as recently as mid-March, with a net worth less than $25 billion.
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UBS to Pay $10 Million to Resolve SEC Charges

Wall Street Journal - 21 Jul 2020 01:10
UBS will pay more than $10 million to resolve charges that the firm broke rules aimed at giving mom-and-pop investors priority access in buying fresh municipal bonds.
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The Dallas bank set aside less in the second quarter for credit losses than analysts expected. Executives cited action in Texas and California to reverse reopenings and said they're still committed to the oil and gas bus...
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