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Business News

Location American Business News for 28 August 2020
'Phineas And Ferb' Creators Discuss Disney+'s Clever And Funny 'Candace Against The Universe' (Interview) 'Phineas and Ferb The Movie Candace Against The Universe' is the first great animated original feature for Disney+.
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Early 777-200 Retirement Costs $227m For Air New Zealand In the almost inevitable scenario of an early retirement, Air New Zealand booked a NZ$338 million (US$227m) impairment on the eight 777-200ERs.
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Warren Buffett and the $300,000 Haircut

Wall Street Journal - 28 Aug 2020 17:00
There's a reason the Oracle of Omaha is an ultrabillionaire as he turns 90: He grasped the power of compounding at the age of 10. The sooner the rest of us fully understand it, the better off we'll be.
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WesBanco in West Virginia closing 20 branches

American Banker - 28 Aug 2020 20:07
The company said migration to digital channels spurred its decision to shutter locations across five states.
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Even as the bank's sales practices faced intense government scrutiny following the Wells Fargo scandal, senior leaders in Oregon were fostering a culture that valued credit-card sales above all else, according to several...
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Why Walmart Wants In On TikTok

Forbes - 28 Aug 2020 02:34
Why Walmart Wants In On TikTok In the latest twist in the ever-changing retail-industry drama, Walmart, the world's largest retailer, is joining tech giant Microsoft in a bid for TikTok U.S.--for good reason.
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Pandemic panic is the perfect cover for gutting the program
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How To Create A Loyalty Program That Strengthens Customer Relationships A loyalty program is a great way to create a mutually beneficial situation for your business and your customers.
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Americans regained a small amount of confidence in the path of an economic recovery in late August, but they are still quite pessimistic about how long it will take to get back to normal, a new survey showed.
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USPS Mail Delays Still Persisting, Workers Say, Despite DeJoy Pausing Some Changes Postal workers say the "damage has been done."
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FICO's New Score Measures How Well You Can Handle A Financial Crisis Payment history isn't as big a deal with FICO's new supplementary score. But it could help hundreds of thousands more people qualify for a mortgage.
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Digital Currency Group Pledges $100 Million to Bolster Bitcoin Mining Industry The firm Digital Currency Group (DCG) is entering the mining industry, as the firm has pledged $100 million into a cryptocurrency mining firm called Foundry. The mining company Foundry was noiselessly founded in 2019 and...
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Bob Moses Drop Smoldering New Album 'Desire' "Desire" is out today and features six continuously mixed tracks.
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From COVID-19 relapses to election insecurity, these factors drive defensiveness up and demand down.
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The park has weathered its fair share of disasters, including an employee accident, bankruptcy, and arson.
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We Need Someone At The Fed Who Understands Stable Money When you are Up The Creek, make sure you have a paddle.
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Stock-index futures trade mostly higher Friday, with the Dow Jones Industrial Average erasing its year-to-date loss, a day after the Federal Reserve announced a policy shift that would allow employment and inflation run ...
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Stocks Open Higher After Consumer Spending Beats Expectations In July The market has continued to hit new record highs this week.
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Bet on Papa John's Shaq-Assisted Rebound

Wall Street Journal - 28 Aug 2020 15:30
Papa John's comparable sales were up 24% year over year in North America and 23% overseas in the four weeks through Aug. 23.
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Amazon to buy 1,800 electric vans from Rivian rival Mercedes While the e-van order with Mercedes is Amazon's biggest in Europe, it is dwarfed by a contract it signed last year with U.S. startup Rivian, which has a factory in Normal, Illinois.
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An UpWork study found remote work has saved Americans 32.9 million hours of daily commuting since March, roughly $758 million per day.
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Zynga's Not Played Out Just Yet

Wall Street Journal - 28 Aug 2020 14:30
Pandemic life has been largely good for videogame companies. Life should stay good for Zynga, as the rest of the world starts getting back to normal.
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