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Business News

Location American Business News for 10 August 2020

Nikola Wins Order for 2,500 Electric Garbage Trucks

Wall Street Journal - 10 Aug 2020 15:10
Nikola Wins Order for 2,500 Electric Garbage Trucks Nikola says it secured an order to make at least 2,500 electric garbage trucks for refuse giant Republic Services, fulfilling one of the electric-vehicle startup's three major business goals for the year.
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3 Lessons from Chinese Firms on Effective Digital Collaboration

Harvard Business Review - 10 Aug 2020 14:15
Companies from around the world can adapt these strategies to fit their needs.
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Briefly Noted Book Reviews

The New Yorker - 10 Aug 2020 12:00
Briefly Noted Book Reviews "The Beauty in Breaking," "Desert Notebooks," "Heaven and Earth," and "Love After Love."
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Apple will jump 35% on 5G 'super cycle' in raised bull-case scenario, according to Wedbush (AAPL) Evan Agostini/Invision/AP As Apple circles in on a $2 trillion valuation, don't expect the gains to stop anytime soon, according to Wedbush Securities analyst Daniel Ives. In a note published on Sunday, Ives raised his A...
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Behind The Curtain--Chapter 11 From The Inside--Chapter 3--Prefiling Jeff explained how the chapter 11 process will work and the major players and their roles.
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Hire Your Weaknesses. Then Get Out Of The Way By not giving new hires the space and freedom to work independently, you may be delaying the growth of your business.
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Interested in Social-Impact Investing? Here's How to Start

Wall Street Journal - 10 Aug 2020 04:18
Investment firms are offering more options for individuals to use their capital to address social issues and assist community development.
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How Trump Allies Work the Refs in Silicon Valley

The New York Times - 10 Aug 2020 02:45
How Trump Allies Work the Refs in Silicon Valley The new referees in American politics are Facebook, Google and Twitter, and they would be wise to pay attention to lessons the old media tried to learn.
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McDonald's Sues to Recover Severance From Fired CEO

Wall Street Journal - 10 Aug 2020 15:08
McDonald's Sues to Recover Severance From Fired CEO McDonald's said it is suing former Chief Executive Steve Easterbrook and seeking to recoup tens of millions it paid him in severance and benefits, alleging that he lied to the board about sexual relationships with employ...
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How China Controlled the Coronavirus

The New Yorker - 10 Aug 2020 12:00
Peter Hessler on teaching and learning in Sichuan during the pandemic.
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Bitcoin Rallies to New Yearly High, Outperforms Ethereum; Chainlink Flips Litecoin The most popular cryptocurrency, bitcoin (BTC), rallied to a new yearly high in early Monday hours (UTC time), outperforming all but one coin in the top 10. At pixel time (03:33 UTC), BTC trades at USD 12,037 and is up b...
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Why It Might Be Time to Invest in Non-U.S. Stocks

Wall Street Journal - 10 Aug 2020 04:00
U.S. stocks have been the better bet for a decade. With those valuations now so high, the question is whether it makes sense to shift some exposure overseas.
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Amazon reportedly wants to open fulfillment centers in shopping malls Amazon could end up dancing on the graves of department stores it has decimated by taking over their former homes in shopping malls, according to a report. The e-commerce colossus has held talks with Simon Property Group...
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How Satellites Traced The Fateful Journey Of The Ship That Led To Mauritius' Worst Oil Spill Disaster Satellites tracked the final hours of the bulk carrier that ran aground on the Indian Ocean island of Mauritius, which is rapidly unraveling into an ecological disaster. Here is what we have learnt.
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U.S. Agency Sidelines Planned $765 Million Loan to Kodak Amid Probes A federal agency has put a planned $765 million loan to Eastman Kodak on hold after the deal came under congressional and regulatory scrutiny.
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Interview With Trahan Architects - Named #1 Design Firm By AIA Architect Magazine His firm was recently ranked #1 Design Firm in the U. S. by ARCHITECT Magazine, the official publication of the American Institute of Architects (AIA).
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Why banks are putting PPP forgiveness on the back burner

American Banker - 10 Aug 2020 21:58
The Small Business Administration began accepting applications Monday, but lenders such as JPMorgan Chase are holding off in hopes that Congress will grant blanket forgiveness for smaller Paycheck Protection Program loan...
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Tens of thousands of bikers have descended upon the South Dakota city of Sturgis in recent days for the annual...
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Latest government figures show 9.6 million jobs have been furloughed, at a cost of £33.8 billion to the Treasury.
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Fast-food chain claims Steve Easterbrook covered up sexual involvement with multiple people before he was fired.
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Biotech IPOs Beat Record During Pandemic

Wall Street Journal - 10 Aug 2020 15:49
Biotech IPOs Beat Record During Pandemic The recent surge in biotech stocks extends beyond IPOs, as investors chase companies working on potential vaccines to combat Covid-19. But some longtime investors are wary of the run-up and warn there are risks to chasin...
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Taylor Swift's Albums Surge Across Billboard's Charts As 'Folklore' Debuts At No. 1 As her new album grabs headlines, Taylor Swift's older efforts return to a number of Billboard charts.
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