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Business News

Location American Business News for 4 August 2020
After Coronavirus Tweets, Tom Goodwin Is Out at Publicis Groupe Publicis Groupe has parted ways with Tom Goodwin, who was appointed head of futures and insight at the beginning of the year. The move follows backlash on Twitter last weekend after Goodwin shared some controversial take...
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When crude prices plunged into negative territory for the first time ever back in April, one thing was clear: There were some serious losers -- and winners -- in the oil pits. Now, Bloomberg News has identified a remarka...
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Why Alexis Sanchez Was Such A Disaster At Manchester United The Chilean arrived at Old Trafford to great excitement, but proved to be a major disappointment.
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5 Best Biotech Stocks to Buy in 2020

Money Crashers - 4 Aug 2020 03:00
5 Best Biotech Stocks to Buy in 2020 Getting involved in new medical technology under development can be incredibly fruitful. Opportunities are born every day, but not all biotech stocks are created equal. What are the most attractive biotech stocks in 2020...
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Banks, fintechs must reframe data privacy debate

American Banker - 4 Aug 2020 20:23
Financial firms could lose access to data that's critical to their businesses if Congress passes a privacy bill. To change lawmakers' minds, they need to show how data in the right hands has the power to improve customer...
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Pandemic Tantrums? Enter the Robot Playmate for Kids

Wall Street Journal - 4 Aug 2020 16:00
Pandemic Tantrums? Enter the Robot Playmate for Kids Early childhood development experts and robotics engineers are working together to create robots aimed at helping young children regulate their emotions and develop social and emotional skills at home.
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Luxury designer Virgil Abloh is teaming up with Mercedes-Benz Mercedes Benz Designer Virgil Abloh is teaming up with Mercedes-Benz. "Project Geländewagen" will see Abloh, the artistic director of Louis Vuitton's men's wear collection, create a piece of artwork inspired by the auto...
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Why Gold Is The Best Investment In The World Today Gold is the best investment in the world today and it's poised to go much higher in the years ahead; we want you on board the gold train as it pulls out of the station, asserts Mary Anne Aden and Pamela Aden, resource se...
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FAA Proposes Changes That Would Allow Boeing's 737 Max To Resume Flying The agency suggested that Boeing's own recommendations had effectively mitigated the issues that had led to the two deadly crashes.
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If Microsoft buys TikTok, it could be bad news for Google Cloud (MSFT) AP Microsoft's plans to buy TikTok may seem crazy at first, but it's all about the data. TikTok would give Microsoft eyes into a market where it is mostly blind: smartphone use among Generation Z. But there's another app...
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The Economy: Navigating Scylla & Charybdis

Forbes - 4 Aug 2020 21:36
The Economy: Navigating Scylla & Charybdis The choices are ugly: a) close the economy and wait either for the virus to die out, or for a vaccine, or b) open the economy, like Sweden did from the get go, caution the elderly and vulnerable, and move to herd immunit...
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Stimulus Payment Delays Are A (Really Awful) Policy Choice There is no reason for hard-pressed American workers to face long waits for their fiscal stimulus checks.
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Spain's Disgraced Ex-King Juan Carlos Goes Into Exile: The Fall Of A Modern Monarch Spain's former king has gone to the Dominican Republic after leaving his home country under a cloud of scandal,
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Twitter Inc. warned Monday that it expects to face a fine of up to $250 million by the Federal Trade Commission for using personal security data to target ads to users.
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Bitcoin Hater Peter Schiff Says Dollar Approaching 'Wile E. Coyote Moment' Gold price reached a new all-time high and the same factors behind its rally could also push Bitcoin price higher.
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Banks ready new tech tools to tackle debt collection

American Banker - 4 Aug 2020 22:41
KeyBank, Regions and others are using self-service portals, robotic processing automation and virtual assistants to digitize the collections process and make it more humane in anticipation of rising delinquencies.
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T-Pain Markets TP With Cottonelle on Animal Crossing Toilet paper saw incredible sales in the early days of the pandemic when consumers rushed to stock up on the essential product, leading to a 58% increase in bathroom tissue sales year-over-year in March and April. At the...
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U.S. Postal Service Is Urged to Stop Delivering Mysterious Seeds State agriculture officials want the unsolicited seed packages, many postmarked from China, to be intercepted so as to avoid the potential introduction of weeds, pests or diseases.
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Microsoft researchers propose a new training technique that achieves state-of-the-art performance in natural language processing biomedical tasks.
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WLS-Ch. 7 host Janet Davies sells Ravenswood house for $1.26 million The reporter and on-air host said she is now an empty nester with two boys in college, so it was time to downsize from her five-bedroom home.
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NBCUniversal Begins Layoffs, Cuts Expected to Be Kept Under 10% NBCUniversal has begun making staff cuts across its entertainment portfolio including its sports and cable channels, broadcast networks, movie studio and theme parks, according to people familiar with the matter.
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US stocks edge lower amid disappointing corporate earnings results Shannon Stapleton/Reuters US stocks fell on Tuesday as investors weighed a string of disappointing corporate earnings results. Shares of AIG, Bayer, and Diageo slipped in Europe after reporting earnings. Investors are an...
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