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Business News

Location American Business News for 26 July 2020
A scientist's mesmerizing animation shows how our entire solar system orbits an unseen center -- and it's not the sun Our solar system orbits an invisible point at its center called the barycenter, from which its mass is evenly distributed. Even the sun orbits this point — so the center of the solar system doesn't always align with th...
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Small countries have long sold residency and passports to those with spare money willing to invest. Some of those are now essentially worthless with travel restrictions implemented due to the coronavirus. That's why the ...
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Ascena's Weak Financial Performance Creates Strong Headwinds For Its Star Division Ann Taylor The financial impact across brands is significant and in 2019 while Ann Taylor Inc. had a 4.2% increase in sales, all other Ascena brands showed declines, leading to a total drop of 1.3% in sales.
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Club Med Owner Fosun Tourism Expects First-Half Loss To Exceed $120 Mln Amid Pandemic The COVID-19 pandemic is wreaking havoc on the global transportation industry.
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Investor Anxiety Turns to Greed, Driving Risky Market 'Melt-Up'

Wall Street Journal - 26 Jul 2020 13:30
Stocks, bonds and commodities are heading for their strongest simultaneous four-month rise ever, an advance in the teeth of an economic slowdown that some investors find as worrying as it is remarkable.
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Yoho Ousted From Christian Charity Board After 'Verbal Attack' On AOC 'We believe that Rep. Ted Yoho's recent actions and words as reported in the media are not reflective of the ethical standards expected of members of our Board of Directors,' the charity said.
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No, Steven Mnuchin Didn't Promise Second Stimulus Checks By August When will you get a second stimulus check?
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Even though Big Tech's day in the antitrust spotlight is delayed, the coming week will be a big test for the biggest names on Wall Street.
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A 2020 Mercedes-Benz Sprinter was turned into a $210,000 off-road camper van that can sleep 4 -- see inside 'Pearl' Boulder Cameprvans turned a 2020 Mercedes-Benz Sprinter into a $210,000 tiny home on wheels that can sleep four with its rear bed and pop-up roof tent. The home is four-seasons and off-grid capable with the help of its p...
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Trump Postpones Plan To Throw First Pitch At Yankees Game, Citing Virus Response Bronx Borough President Ruben Diaz Jr. condemned the initial invitation as a 'slap in the face to Bronxites'
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Sweden's EQT Ventures embraced AI by creating Motherbrain to identify startups. Development hasn't been easy, but the firm is starting to reap the benefits.
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Will The Gold Price Crash Or Shine This Week? Gold prices are within a whisker distance of touching the record high of $1,921, last witnessed in 2011.
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Beijing Capital Airport To Lose Over $100 Mln In First Half As Pandemic Hurts Travel Beijing Capital International Airport is one of the world's busiest
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America's Next Housing Crisis: How The Pandemic Is Pushing Renters To The Brink The historic increase in joblessness brought on by the pandemic has pushed us to the brink of a new rental crisis, forestalled in the short term by a combination of payroll protections, enhanced unemployment benefits, is...
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Carbon Tax Border Adjustments: Good Politics, Bad For Consumers? While border adjustments alleviate economic pressure on polluting industries, at least in the near term, they transfer that pressure onto consumers.
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Another Bear Market Indicator Just Fired. What To Do About It. While everyone is looking at the stock market, the bond market has something to say.
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How This Founder Became A Driving Force In The Bail Bond Industry Michelle Esquenazi, bail bondsman and the founder and CEO of Empire Bail Bonds, continues to fight for gender equality as the industry begins to restore from the initial destruction of Covid-19.
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This orb-shaped tiny house's odd exterior allowed its designers to maximize interior space -- take a look inside to see how Cloud Architects designed the Double Ring House, which is 515 square feet over two floors. The spherical house is prefabricated and will be available for sale around the world. The 26-foot-long orb shape allows designers...
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Next week the government will report Q2 GDP and we'll learn how much the economy contracted after COVID-19 arrived.
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SAP Plans To Spin Out Qualtrics, Its $8 Billion Acquisition From 2018, For An IPO Twenty months after SAP swooped in and acquired Qualtrics for $8 billion as it was on the cusp of an IPO, the experience management software company may be going public after all.
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If Closing In On Coronavirus 'Herd Immunity', Markets Are Mispriced The coronavirus keeps spreading, and hospitals around the world are still feeling the strain. When does it end?
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Just A Tech Pullback Or More?

Forbes - 26 Jul 2020 22:02
Just A Tech Pullback Or More? Selling last week was focused on the technology and biotech stocks, as the Nasdaq 100 Index ($NDX) was down 1.5%, while the S&P 500 was down just 0.3%. Unemployment data has caused some worry among analysts but what does...
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