Business News
US unemployment rate falls below 10% as firms rehire staff
BBC - 4 Sep 2020 16:03
It is the fourth month in a row that America's jobs picture has improved, as the economy begins to rebound.
Ulta Beauty Returns to TV Advertising After a Pandemic Pause
Wall Street Journal - 4 Sep 2020 17:36With work and school remote, people are moving into Midwestern vacation homes full-time -- and paying top dollar for pandemic-friendly features
Chicago Tribune - 4 Sep 2020 21:43
Chicagoans flock to Midwest getaways like South Haven and Lake Geneva, but some are turning vacation homes into permanent residences due to COVID-19.
Virgin Airlines announces more job cuts after securing a $1.6 billion rescue deal
Market Watch - 4 Sep 2020 16:20
U.K.-based Virgin Airlines on Friday announced it will let another 1,150 jobs go, after completing a £1.2 billion pound ($1.58 billion) rescue deal to help keep it afloat during the pandemic that has devastated the indu...
This $995K Hinsdale home is the stuff of your midcentury modern dreams
Chicago Tribune - 4 Sep 2020 18:04
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.
Apple Still Wears the Market Crown. It Can Easily Slip.
Wall Street Journal - 4 Sep 2020 17:00Amazon says it's hiring for 10,000 new jobs, and they aren't in its main Seattle headquarters
Business Insider - 4 Sep 2020 16:25
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.
Tesla extends Thursday's 5% sell-off as pain continues for the tech sector
Business Insider - 4 Sep 2020 16:18Why The H1B Visa Program Needs An Overhaul
Forbes - 4 Sep 2020 16:024 Industries That Show How The Pandemic Creates New Opportunities
Forbes - 4 Sep 2020 15:59Trump Says He Never Called McCain A 'Loser.' Here's The Evidence He Did.
Forbes - 4 Sep 2020 15:58US stocks trade mixed as major tech sell-off offsets strong labor-market data
Business Insider - 4 Sep 2020 15:52Coronavirus mortgage bailouts improve slightly, but nearly 3 million borrowers still aren't recovering
CNBC - 4 Sep 2020 15:47
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.
Juul May Lay Off More Than 50% Of Its Workforce, Report Says
Forbes - 4 Sep 2020 01:53Cardi B And Megan Thee Stallion Both Earn Their First No. 1 Hit In The U.K. With 'WAP'
Forbes - 4 Sep 2020 20:35Economic Report: U.S. regains 1.4 million jobs in August and unemployment drops to 8.4% as economic recovery shows resilience
Market Watch - 4 Sep 2020 16:30
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.
US may look to ban more Chinese-owned apps beyond TikTok
New York Post - 4 Sep 2020 16:29
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...
Graduates of Elite Universities Get Paid More. Do They Perform Better?
Harvard Business Review - 4 Sep 2020 16:15
Companies pay a premium for prestigious degrees. Should they?
Tips on Spending the Money in College Savings Accounts
The New York Times - 4 Sep 2020 15:00
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.
Deep Dive: This analysis of Wall Street stock ratings is sounding a warning for Tesla and 62 other stocks
Market Watch - 4 Sep 2020 12:11
More analysts rate Tesla a 'sell' than a 'buy.'
Revealed: How North Korean hackers launder stolen crypto
Coin Telegraph - 4 Sep 2020 06:44
The techniques are sophisticated but crypto laundering cases are still relatively small.
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.