Business News
Sinclair Broadcast settles shareholder lawsuits for $25 million
Chicago Tribune - 17 Aug 2020 16:13
Sinclair Broadcast Group has reached a $25 million deal to settle shareholder lawsuits stemming from its failed $3.9 billion merger with Tribune Media Co.
US retail's recovery is losing speed as coronavirus cases rise and complicate reopening plans
Business Insider - 17 Aug 2020 15:37
US retail sales in June and July eclipsed their 2019 performances. But slowing improvements and the end of government initiatives could spell trouble for the industry's rebound from the pandemic. Insider Intelligence pub...
Zappos replacing American Eagle in Union Square
New York Post - 17 Aug 2020 01:15
Zappos -- the Amazon-owned online shoe retailer -- appears to be launching a brick-and-mortar location. Sources said that Zappos has leased the three-level, roughly 16,000-square-foot corner of 19 Union Square West at 15...
Only 4% of Small Businesses Looked to Family and Friends for Financial Help During Pandemic
Small Business Trends - 17 Aug 2020 16:00
Many small businesses have sought financial relief during the coronavirus pandemic but a new LendingTree survey finds very few looked to family and friends for help.
Earnings Preview: What To Expect From Home Depot On Tuesday
Forbes - 17 Aug 2020 15:25Japan's Economy Shrinks in Second Quarter
Wall Street Journal - 17 Aug 2020 02:32Putin pledges 'assistance' to Belarus -- but he has many good reasons to stay out
Market Watch - 17 Aug 2020 16:17
The Russian government said that it stood ready "if necessary" to assist embattled Belarus leader Alexander Lukashenko, as hundreds of thousands of protesters took to the street to demand he resign.
Pepperoni prices are spiking thanks to COVID-19
New York Post - 17 Aug 2020 15:56
Pepperoni prices are reportedly skyrocketing because of the coronavirus pandemic. COVID-19 has forced meat processors to “streamline” operations and hampered their ability to produce pepperoni, leading to higher pric...
In the past recessions have mostly smashed male-dominated industries. But not this time | Greg Jericho
The Guardian - 17 Aug 2020 19:30
There's a new wrinkle to the recovery: will the level of women working return to pre-recession levels? This recession, more than any previous, has hurt women workers as much as men. It means the recovery will need to be ...
Morrisons considers removing plastic bags in favour of paper alternatives
Sky News - 17 Aug 2020 15:19
Supermarket chain Morrisons has started trials which could see it remove plastic bags from all of its 494 stores.
Wealthier parents are more likely to send their kids back to physical classrooms -- here's why
Market Watch - 17 Aug 2020 11:08
The parents most likely to keep their kids home made less than $50,000 a year, according to a new survey.
Here Are The Kardashian-Approved Appliances You're Missing In Your Kitchen
Forbes - 17 Aug 2020 20:02Ohio State QB Justin Fields, Big Ten Parents And Others Miss the Point Regarding COVID-19 End To Fall Season
Forbes - 17 Aug 2020 19:33Warren Buffett's Berkshire Hathaway moves in the 2nd quarter reflect 'caution in the current environment,' Morgan Stanley says
Business Insider - 17 Aug 2020 16:08
Reuters Warren Buffett's Berkshire Hathaway equity portfolio value increased about 15% in the second quarter, according to a Monday note by Morgan Stanley. The company's new position in Barrick Gold is "potentially signa...
Apple will start supplying Mac parts to independent repair shops
New York Post - 17 Aug 2020 15:42
Apple is finally loosening up its tightly-controlled repair program to allow independent repair shops to fix Macs. The iPhone-maker -- which until last year only allowed certain non-Apple partners access to company train...
Retailer Earnings, Democratic Convention In Focus For Investors As Stimulus Stall Continues
Forbes - 17 Aug 2020 15:31£37bn house buying boom in July is busiest month of sales in a decade
Sky News - 17 Aug 2020 04:18
More than £37bn worth of property sales were agreed in July - the busiest month for home buying for 10 years.
Seeking nominations for chief marketing officers to watch in 2020
Business Insider - 17 Aug 2020 16:03
Peloton Business Insider is looking for its 2020 CMOs to watch. We want to hear from you. Please submit your ideas by August 24. Visit Business Insider's homepage for more stories. We're seeking nominations for Business ...
Trump Admin OKs Oil Drilling In Part Of Alaska's Arctic National Wildlife Refuge
TPM - 17 Aug 2020 15:52
ANCHORAGE, Alaska (AP) -- The Department of the Interior on Monday approved an oil and gas leasing program within Alaska's...
6 Amex Platinum benefits that have nothing to do with travel, from Uber credits that work for food delivery to cash back at Saks
Business Insider - 17 Aug 2020 15:40
Crystal Cox/Business Insider The The Platinum Card® from American Express which carries a $550 annual fee, comes packed with credits, perks and benefits While many of those benefits aren't helpful if you're not travelin...