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Business News

Location American Business News for 9 August 2020

Small Businesses Add 63,000 Jobs in July

Small Business Trends - 9 Aug 2020 15:00
Small Businesses Add 63,000 Jobs in July Small businesses added 63,000 jobs, despite continued restrictions on many companies due to the pandemic, accoring to the July 2020 ADP Small Business Report.
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The 15 Percent Pledge saw a blitz of media coverage and it quickly caught the attention of major retailers, which are now doing what James had hoped: They are laying out concrete goals that are measurable.
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Trump's Go-It-Alone Stimulus Won't Do Much to Lift the Recovery A series of executive actions will provoke lawsuits but is unlikely to stoke faster growth in an economy that has cooled this summer.
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Trump's Much-Hyped Plan For Kodak Pharmaceuticals Put On Hold The deal, made possible by new executive orders from President Trump, was designed to bolster the domestic response to Covid-19 under the Defense Production Act.
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Tech's Stock Market Takeover Reaches New Heights

Wall Street Journal - 9 Aug 2020 17:00
The stock market is more top-heavy than it has been in decades.
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U.S. Action Against TikTok And WeChat Symbolizes A Global Backlash Against China Inc. Two recent executive orders signed by U.S. President Donald Trump provide a microcosm of this new reality.
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Robinhood app luring and robbing amateurs -- like in the dot-com era The 1990s were simpler times. The news was dominated by Bill Clinton's various sexual escapades, but also a bubble in internet-related stocks that was partly fueled by the democratization of stock trading. The latter inf...
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Stock Funds Rose 5.1% in July but Bonds Got Cash

Wall Street Journal - 9 Aug 2020 16:00
Monthly Monitor: Investors in July withdrew a net $41.62 billion from U.S.-stock mutual funds and ETFs and invested a net $79.35 billion in bond funds.
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These 31 Stocks Are Next To Raise Their Payouts These 31 dividends are more than just safe. They are likely going up between now and October!
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Cosmetics Brands Face Revenue Drop as Department Stores Close

Wall Street Journal - 9 Aug 2020 15:00
Cosmetics Brands Face Revenue Drop as Department Stores Close Cosmetics brands that stock sales counters at department stores face a fresh wrinkle: fewer shops to sell their products as retailers shrink their physical footprint.
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China Is Counting On Island Outposts To Project Power, But U.S. Troops Could Capture Them Maybe American troops could 'borrow' bases from China.
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New research suggests that changes in a company's demand for new hires is a valuable leading indicator.
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To Some Investors, 10-Year Treasury Note Isn't What It Was

Wall Street Journal - 9 Aug 2020 11:30
For years, the 10-year U.S. Treasury note has been every investor's touchstone. Now some people are saying they can't trust its signals the way they once did.
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U.S. Coronavirus Cases Top 5 Million As Americans Wait For Federal Rescue Grim milestone comes only days after count topped 4 million.
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Washington lawmakers are deadlocked on what aid to include in the next coronavirus stimulus package. But $1,200 stimulus checks seem to be one feature they can agree on. The problem is that that money won't carry America...
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Twitter eyeing purchase of TikTok's US operations

New York Post - 9 Aug 2020 06:02
Twitter eyeing purchase of TikTok's US operations Move over Microsoft — Twitter is joining the tech giant in pursuing the purchase of TikTok’s US operations after President Trump set a fall deadline for the video-sharing platform to strike a deal with an American co...
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It doesn't look like Trump's executive actions on coronavirus relief will actually do much REUTERS/Joshua Roberts Since Congress can't come to an agreement, President Donald Trump on Saturday signed four executive actions aimed at providing Americans economic relief during the coronavirus pandemic. But they fa...
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William Shatner Tangles With Trans Twitter Over The Word 'Cis' The Star Trek actor set phasers to block in a week-long Twitter rant against being labeled.
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Silver vs. Gold: How the Two Metals Compare as Investments

Wall Street Journal - 9 Aug 2020 04:00
The world's two best-known precious metals have surged this year. But there are differences that investors need to consider.
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President Donald Trump's executive order and memorandum to stimulate the economy don't seem to be feasible or legal, experts said Saturday.
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Just like gentrification in the physical world, digital gentrification will result in gaps in technical capability, education, and access to resources.
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White House Says China Is Targeting U.S. Election With Cyberattacks, But Pelosi Says Threats From Russia And China Are 'Not Equivalent' 'Russia is actively 24/7 interfering in our election,' said Nancy Pelosi
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