Business News
Apple, Amazon, Facebook, Google defend firms against calls for break-up
BBC - 29 Jul 2020 21:50
US lawmakers are considering tougher regulation of the firms, which critics say are too powerful.
California could create its own $600 weekly unemployment benefit
L.A. Times - 29 Jul 2020 04:51What Travel Will Look Like After Coronavirus
Wall Street Journal - 29 Jul 2020 16:47'We're running out of homes for sale,' Lake Tahoe brokers say as tech workers flee Bay Area
CNBC - 29 Jul 2020 21:02
A new wave of urban flight is reshaping real estate markets from New York to Chicago and Los Angeles to San Francisco. As part of this shift, Lake Tahoe is seeing unprecedented bidding wars, buying activity and price inc...
Investors, Don't Look Away From This Kodak Moment
Wall Street Journal - 29 Jul 2020 18:31
Bemusement or regret aren't the only emotions pros should feel--Kodak is a timely reminder of what can happen to 'must-own' stocks.
Tech giants Facebook, Google, Apple and Amazon to face Congress
BBC - 29 Jul 2020 04:01
The bosses of Facebook, Google, Apple and Amazon are set to be grilled by Congress.
How the Pandemic Is Quietly Giving This Upstart Yogurt Brand an Edge
AdWeek - 30 Jul 2020 00:32
Even for brands in essential industries, the pandemic probably isn't the best time to launch a new product. In major cities, 1 in 5 consumers remain out of work. In July, over half of consumers reported that they'd cut b...
As the Pandemic Forced Layoffs, C.E.O.s Gave Up Little
The New York Times - 29 Jul 2020 18:00
Some corporate bosses offered to cut their pay, but most did not. Those who did gave up less than 10 percent of what they received last year.
Elon Musk says Tesla doesn't want to crush rivals, and the company is open to licensing its self-driving software and battery technology (TSLA)
Business Insider - 29 Jul 2020 06:37
Brendan Smialowski / AFP via Getty Images Elon Musk tweeted Tuesday that Tesla would consider licensing its self-driving software and supplying battery technology to other automakers. "We're just trying to accelerate sus...
Victoria's Secret Owner L Brands To Cut 15% Of Corporate Workforce
Forbes - 29 Jul 2020 04:16Congress members think $600 is too much to pay workers. Here's what the lawmakers get
L.A. Times - 30 Jul 2020 01:31New Study: Microbusinesses Play Unsung Role In Economic Rebound
Forbes - 30 Jul 2020 01:23Companies have tried to maximize profits using a 'lean and mean' business strategy. It blew up in their faces during the pandemic.
Business Insider - 29 Jul 2020 18:27
AP Photo/Seth Wenig A "lean and mean" business strategy emphasizes a skinny supply chain to maximize profit in expense of other areas of business, such as employee development. These short-order supply chains led to prod...
The Moneyist: My father worked in a hospital and died from coronavirus. We can't afford his burial or funeral expenses -- will the government or his employer help?
Market Watch - 29 Jul 2020 08:44
'Can we file for any death benefits or claim funeral expenses from the hospital where he worked?'
FB, AMZN, AAPL And GOOG Could Make For A Volatile Friday
Forbes - 29 Jul 2020 06:55Here's Why The Political World Is Abuzz About Sen. Kamala Harris
Forbes - 30 Jul 2020 01:45Shopify's Revenue Nearly Doubles as Covid-19 Pushes Shopping Online
Wall Street Journal - 30 Jul 2020 01:11Citi, BofA to disclose how loans contribute to climate change
American Banker - 30 Jul 2020 00:00
The pair has joined Morgan Stanley among the roster of global banks pledging to measure the impact their lending decisions have on global warming. Citi also said it would finance $250 billion of low-carbon projects.
NBA, Twitter Team Up to Engage Fans as Season Restarts in Orlando
AdWeek - 29 Jul 2020 23:25
While fans won't be allowed into the ESPN Wide World of Sports Complex at Walt Disney World Resort in Orlando, Fla., for the resumption of the National Basketball Association season Thursday night, Twitter teamed up with...
Google's Sundar Pichai was immediately pounced on in the first question of the antitrust hearing, asking the CEO why Google steals content (GOOG, GOOGL)
Business Insider - 29 Jul 2020 22:51
YouTube/House Judiciary The Congressional antitrust hearing is underway, and David Cicilline wasted no time in setting the tone with an aggressive line of questioning to Google CEO Sundar Pichai. His first question: "Why...
T-Mobile's latest IoT partnerships will help address enterprise demand for workplace health and safety tools
Business Insider - 29 Jul 2020 22:09
Through its new partnerships, T-Mobile will provide 4G LTE connectivity for two workplace safety IoT devices that are intended to help curb the spread of coronavirus. Demand for such tools has risen, but the technology c...
Banks, credit unions pan OCC idea to create charter for payments firms
American Banker - 29 Jul 2020 20:53
Seven trade groups said they would fight any effort by the agency to establish a tailored license for payments providers such as PayPal, Stripe and Square.