Business News
Supply, Not Demand, Takes the Wheel at Carvana
Wall Street Journal - 6 Aug 2020 14:18
Compared with some of its brick-and-mortar peers, the e-commerce used-car seller Carvana faces an enviable problem: It has so much demand.
Audi: More former car executives face 'dieselgate' charges
BBC - 6 Aug 2020 15:19
German prosecutors charge four more over claims the carmaker misled consumers about pollution levels.
Nintendo Flips the Switch on the Coronavirus
Wall Street Journal - 6 Aug 2020 15:21
Nintendo's latest quarter easily beat the most bullish forecasts, but its share price is lagging behind those of many rivals.
Digital payments to become easier: Online system for customer grievances is a must, says RBI
livemint.com - 6 Aug 2020 18:03
Any entity that is setting up a payment system in the country shall arrange the ODR system at the starting of the services, the regulator directed
Making Peace with My Summer Neighbor
The New Yorker - 6 Aug 2020 14:00
Mary Norris writes about the obnoxious habits of a neighbor in Rockaway Beach, Queens, and how a roof installation unexpectedly brought the two of them closer.
Peer-to-Peer Bitcoin Trading Tops $95 Million as Sub-Saharan Africa Records Set All Time High
Bitcoin.com - 6 Aug 2020 04:30
Weekly peer-to-peer bitcoin trading volumes topped $95 million globally with several countries recording new all-time highs for the year. The record trading volumes coincided with the most bullish week for cryptocurrenci...
'Avengers' director Anthony Russo sells Los Feliz home for $3.3 million
L.A. Times - 6 Aug 2020 21:26
'Avengers' director Anthony Russo just sold his Los Feliz home for $3.299 million, nearly double the $1.775 million he paid for it a decade ago.
Andy Dalton Talks Returning To Play During COVID, New Partnership With Balanced Body
Forbes - 6 Aug 2020 20:06If you have an Amex Green, Gold, or Platinum card, you now have more options for paying your bill and planning large purchases
Business Insider - 6 Aug 2020 18:20
Crystal Cox/Business Insider If you have an American Express® Green Card, American Express® Gold Card, or The Platinum Card® from American Express, you now have access to Pay It Plan It options for managing your bill....
'It's Time for a Change': Workers Idled by the Virus Try New Careers
The New York Times - 6 Aug 2020 13:00
Facing a loss of hours, unsecured wages and slow reopenings, some unemployed Britons are reconsidering their livelihoods.
Maximizing Your Portfolio Benefits Via Asset Allocation
Forbes - 6 Aug 2020 21:15France's Macron urges Lebanon to carry out reforms in wake of deadly blast
Market Watch - 6 Aug 2020 18:02
Countries and international organizations have pledged to send aid following the massive explosion that tore through Beirut.
Foreign buying of American real estate plunged before the pandemic -- will COVID-19 push it even lower?
Market Watch - 6 Aug 2020 18:01
International buyers purchased the smallest number of existing-homes in the U.S. since 2011 this past year.
Teladoc and Livongo's $18.5 billion mega-merger will form the first-ever virtual care giant in the US
Business Insider - 6 Aug 2020 17:45
Teladoc and Livongo announced a $18.5 billion mega-merger. The two platforms are the first companies to go public in their respective sectors and will amass a combined user base of 70 million. Insider Intelligence publis...
Fortunes Won and Lost Trading in Kodak Stock: Inside a Wild Week
Wall Street Journal - 6 Aug 2020 15:00
The company's sudden rise and plummet offer a warning for investors who ignore fundamentals and focus on a potential coronavirus connection.
Virtual Vets Are Raking In Funding -- Is Pet Telehealth The Next Big Thing?
Forbes - 6 Aug 2020 14:00Japanese Power Firm, Crypto Exchange Claim Digital Token Pilot Success
Crypto News - 6 Aug 2020 06:00
Source: Adobe/Игорь "о овн'в Japan's Kansai Electric Power and crypto exchange DeCurret said that a recent "digital token"-powered, blockchain-based payment pilot was a success - and could be used for settlemen...
Say Hello To The Largest Virtual Care Company: The $38 Billion Teladoc-Livongo Merger
Forbes - 6 Aug 2020 04:49Capitol Report: Trump backs plan for additional $25 billion to support airlines
Market Watch - 6 Aug 2020 03:31
President Donald Trump said Wednesday he would support additional aid for airlines to keep workers on payroll. The president was asked about a plan from more than a dozen Republican senators to provide another $25 billio...
Day care chain Bright Horizons buys Sittercity as parents scramble for child care and school tutoring during pandemic
Chicago Tribune - 6 Aug 2020 21:10
With families scrambling for child care options as schools opt for remote learning this fall, day care company Bright Horizons is purchasing Sittercity, an online platform that matches people with child care providers.
Square's Cash App Bitcoin Revenue Surges 600% to $875 Million in Q2, Profit Up 711%
Bitcoin.com - 6 Aug 2020 18:15
Square Inc. has reported a significant bitcoin revenue increase in the second quarter. Its Cash App generated $875 million in revenue, a 600% increase from the previous year. In addition, Square’s bitcoin gross profit ...
A renowned Wall Street strategist backed the market's 'remarkable resurgence' to continue as investors pour out of bonds and into stocks
Business Insider - 6 Aug 2020 18:04
Xinhua/Wang Ying/Getty Images A top investment strategist says the stock market's 2020 rally has much further to run as he expects even more money to pour out of the bond market and into equities. John Stoltzfus, chief i...