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Business News

Location American Business News for 4 September 2020

Ulta Beauty Returns to TV Advertising After a Pandemic Pause

Wall Street Journal - 4 Sep 2020 17:36
Ulta Beauty Returns to TV Advertising After a Pandemic Pause The beauty category is famously resilient during a recession, as consumers splurge on little luxuries. In the recession of 2009, global sales of lipstick grew 1% despite a broader pullback in consumer spending.
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With work and school remote, people are moving into Midwestern vacation homes full-time -- and paying top dollar for pandemic-friendly features Chicagoans flock to Midwest getaways like South Haven and Lake Geneva, but some are turning vacation homes into permanent residences due to COVID-19.
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Behind The Curtain--Chapter 11 From The Inside--Chapter 7--The US Trustee The US Trustee monitors all bankruptcy cases and takes an active role, when necessary.
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This $995K Hinsdale home is the stuff of your midcentury modern dreams Architect Howard Hjort built this brick-and-cedar home for himself in 1954. The four-bedroom Hinsdale home was listed at $995,000 in August.
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Apple Still Wears the Market Crown. It Can Easily Slip.

Wall Street Journal - 4 Sep 2020 17:00
Apple Still Wears the Market Crown. It Can Easily Slip. Many investors seem to believe that today's giant technology companies will dominate the stock market for decades to come. Years, maybe. Decades, probably not.
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The e-commerce giant has been growing corporate centers outside of Seattle in recent years. A new tax passed in July likely helped accelerate that.
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Tesla extends Thursday's 5% sell-off as pain continues for the tech sector Tesla has had a volatile week, including: a 5-for1 stock split, Baillie Gifford, its biggest shareholder trimming its stake, a $5 billion share sale.
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Why The H1B Visa Program Needs An Overhaul

Forbes - 4 Sep 2020 16:02
Why The H1B Visa Program Needs An Overhaul The H1B work visa is the key American immigration program when it comes to locating talent overseas that can help the needs of the U.S. economy and support our social programs. Yet the program needs repair. Here is why a...
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7 Takeaways For Women's Success In The Business Of Wine And Spirits (Part Two) More women leaders, faster. How can we get there? Here are five more suggestions (part two in this series) from the wine and spirits industry, from women who recently completed the Women in Leadership program at Columbia...
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Trump Says He Never Called McCain A 'Loser.' Here's The Evidence He Did. The president was responding to a report from The Atlantic that he made disparaging comments about veterans, including John McCain.
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US stocks trade mixed as major tech sell-off offsets strong labor-market data The better-than-expected jobs report may help quell long-term investor fears stoked after the Nasdaq Composite fell nearly 5% on Thursday.
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After holding flat for a couple of weeks, the number of borrowers in government and private sector coronavirus-related mortgage bailout programs saw a much bigger improvement than expected.
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'This is who he is': Founder of veterans group blasts Trump for reportedly calling dead soldiers 'losers' Veterans reacted angrily to a report in The Atlantic that President Trump said US soldiers who died in World War I were "losers."
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Cardi B And Megan Thee Stallion Both Earn Their First No. 1 Hit In The U.K. With 'WAP' "WAP" is finally a No. 1 hit in the U.K.
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The U.S. regained 1.4 million jobs in August and the unemployment rate sank to 8.4%, suggesting an economic recovery is still plowing ahead even if the pace of growth has slowed since the start of the summer.
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US may look to ban more Chinese-owned apps beyond TikTok The Trump Administration’s looming TikTok ban may be just the beginning. The US government is scrutinizing a number of other apps owned by Chinese-based companies to see if they pose a national security threat, White H...
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Companies pay a premium for prestigious degrees. Should they?
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Tips on Spending the Money in College Savings Accounts

The New York Times - 4 Sep 2020 15:00
Tips on Spending the Money in College Savings Accounts Funds in 529 plans grow tax free and can be withdrawn tax free if they're spent on eligible education expenses. But there is some fine print.
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More analysts rate Tesla a 'sell' than a 'buy.'
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Revealed: How North Korean hackers launder stolen crypto The techniques are sophisticated but crypto laundering cases are still relatively small.
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Midland States in Illinois to close 13 branches

American Banker - 4 Sep 2020 01:30
The company also plans to shed some corporate office space by the end of this year.
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Spanish banks Caixabank and Bankia said they are exploring a merger to create the country's largest domestic lender, raising the often-debated prospect of consolidation in Europe's banking system.
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