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Business News

Location American Business News for 9 September 2020
The stock market is in a 10% to 15% pullback, its worst since March, one Wall Street expert says Jim Bianco told CNBC that investors should wait until they see signs that the market has turned around "and then jump in on it on the upside."
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A Stock Selloff Without Sanctuaries Is Worth Preparing For

Wall Street Journal - 9 Sep 2020 11:58
U.S. stocks have dipped from their record highs, and while the fall has only erased a month's gains, there's an interesting--and worrying--trend that bears watching: Not much of anything is providing good downside protec...
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New research shows that in-game ads has led to 51% fo gamers playing longer sessions, explainig why in-game ad revenue continues on an upward trajectory.
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Tim Cook took the helm at Apple 9 years ago. Here's how he got his start and built Apple into the world's most valuable company. Apple CEO Tim Cook had big shoes to fill after Steve Jobs stepped down. Nine years later, he's built Apple into a $2 trillion company.
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Biotechs With Strong Balance Sheets

Forbes - 9 Sep 2020 18:03
Biotechs With Strong Balance Sheets Not all biotechs are created equal. Strong balance sheets can separate the weak from the strong.
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Stock Market Rally: Dow Jumps Over 400 Points As Tech Shares Rebound Tech stocks rebounded from a massive sell-off.
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De-urbanization could lead to long-term growth for home improvement retailers like Home Depot and Lowe's and auto-focused retailers like Carvana and AutoZone, according to a Wells Fargo research note.
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EA Play is coming to Xbox Game Pass Ultimate. This adds more than 60 EA games to your $15-per-month subscription service from Microsoft.
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Global corporate profits tanked 33% through 2nd quarter and won't rebound 'anytime soon,' JPMorgan says The tech and consumer staples sectors suffered the smallest profit slumps, while energy and consumer discretionary firms endured the largest declines.
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Six Essential Components Of A Sound Business Plan A thorough and well-written business plan is key to entrepreneurial success and should have the following components.
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5.2 GW of solar and wind energy projects with estimated debt exposure of ₹21,000 crore is hanging fire due to the state government's decision to reopen renewable energy contracts inked under the previous N. Chandrababu...
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3 Ways AI Will Continue To Accelerate The Transition To Remote Work Like remote work, AI promises to transform nearly every industry and every company.
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Shaq slashes price of mammoth Florida mansion to $19.5 million NBA legend Shaquille O'Neal just trimmed the price of his 31,000-square-foot waterfront mansion in Florida down to $19.5 million.
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JPMorgan expects the S&P 500 to "find its footing" near support at 3,305 to 3,223, representing downside potential of 1% to 3% from Tuesday's close.
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Trade Shows Limp Back to Life After Lockdowns

Wall Street Journal - 9 Sep 2020 12:37
Trade Shows Limp Back to Life After Lockdowns Exhibitions that were shut down by the pandemic are now cautiously relaunching in Europe in a dress rehearsal for what show organizers hope will be a broader resumption of fairs next year.
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Cigna Will Expand Obamacare To 300 Counties In 10 States For 2021 Cigna will increase the number of counties it will offer individual coverage under the Affordable Care Act by 27% to more than 300 counties spanning 10 states next year.
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Giannis Antetokounmpo's Milwaukee Bucks Future In Doubt After Early Playoff Exit After Giannis Antetokounmpo and the Milwaukee Bucks were eliminated by the Miami Heat in the second round of the playoffs, the Greek Freak's future and rumors about his 2021 free agency is the biggest story in the NBA.
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Keeanga-Yamahtta Taylor writes about the wildcat strike in the National Basketball Association, and the cancellation of games in other professional sports, to protest the shooting of Jacob Blake and racial injustice in t...
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LVMH's Tiffany U-Turn Shows a Weak Hand

Wall Street Journal - 9 Sep 2020 20:40
The luxury group says an order from the French government forced it to back out of a $16 billion offer for the U.S. jeweler.
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Former Charger Philip Rivers hands off San Diego estate for $3.675 million Former Chargers quarterback Philip Rivers has sold his home in San Deigo's Santaluz community for $3.675 million.
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Former Cubs player David DeJesus sells Wheaton mansion for $975,000 The NBC Chicago sports analyst and his wife, actor Kim DeJesus, sold the house more than five years after they first placed it on the market.
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Will The Market "Fall" In The Fall?

Forbes - 9 Sep 2020 20:00
Will The Market Market Outlook with Richard Bernstein, CEO & CIO, Richard Bernstein Advisors
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