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Business News

Location American Business News for 10 September 2020

Compare your bank FD rates

livemint.com - 10 Sep 2020 19:24
Over-exposure to FDs is not good, and you need to assess your asset allocation and goals to decide how much money you should park in them.Here is a list of banks that offer the highest FD rates for deposits up to 1 crore...
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How Hermès got away from LVMH--and thrived

The Economist - 10 Sep 2020 16:56
IN THE AUTUMN of 2010 le tout Paris of business braced for the sad, if predictable, end of an era. After 173 years and six generations, Hermès, a purveyor of handbags to bankers and neckties to their husbands, was to be...
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TikTok sale to American company may not happen in time to avoid US ban TikTok's Chinese parent company ByteDance, facing roadblocks recently thrown up by the Chinese government, may not be able to sell the app's US business in time to meet President Trump's Sept. 20 deadline to avoid a ban.
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As homes become offices, gyms and more, COVID-19 has upended how we think our living spaces should work Six months into the COVID-19 pandemic, Chicagoans are rethinking what they need in a home, as we adapt to remote work, school and fitness.
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Oil Companies See Methane Reductions As In Their Financial Interest 'What we've seen, especially with some of the larger companies like Exxon and Shell taking action voluntarily, but they publicly agree that methane should be regulated. It's one of those instances where the regulation ha...
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JP Morgan follows Citigroup and Bank of America into the 'green' debt fray, as big U.S. banks start issuing more debt specifically to fund projects with a sustainable bent.
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Google says its automated systems are becoming better at recognizing breaking news and detecting false and misleading information.
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Ubisoft revealed a remake of Prince of Persia: Sands of Time, the most iconic entry in the Prince of Persia franchise, during its Uplay stream today.
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Second Stimulus Update: GOP Bill Fails In The Senate. Will There Ever Be More Relief? Stimulus checks, more unemployment benefits, and money for state and local governments all hang in the balance.
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Peloton's fiscal fourth-quarter sales surged 172% to $607.1 million, the company announced Thursday, as its high-tech stationary bike and treadmill became two of the hottest commodities for people looking to work out at ...
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Community banks get on board with bots

American Banker - 10 Sep 2020 19:57
Robotic process automation is normally the province of large banks, but Extraco Banks in Texas and Carter Bank in Virginia are training bots to perform repetitive, mind-numbing tasks.
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GM-backed autonomous car startup Cruise uses a framework dubbed the Continous Learning Machine to train perception models on uncommon scenarios.
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Addicting Games has acquired the online creature survival game Mope.io, a web and mobile game with more than 72 million to date.
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Orchard raised $69 million to continue the development of its machine learning technology that aims to make buying a home less complicated.
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Top Three Tips For A Great Customer Experience It is usually not the products you sell that win the customers, but the problems you solve for them.
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Oil Traders Gird for More Price Swings

Wall Street Journal - 10 Sep 2020 11:32
Traders are betting on fresh upheaval in the oil market, in an abrupt turnaround from the calm of recent months.
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Hyper Scape launches turbo mode September 15

Venture Beat - 10 Sep 2020 22:01
Ubisoft announced that its Hyper Scape battle royale game will get a turbo mode that speeds up the gameplay on September 15.
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Citigroup Will Have New CEO, But Familiar Risks

Wall Street Journal - 10 Sep 2020 19:41
Next year, the bank will have a new chief executive for the first time in nearly a decade. But it will still face some familiar challenges.
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JPMorgan Tells Trading-Floor Staff to Come Back to the Office

Wall Street Journal - 10 Sep 2020 19:01
The bank's giant sales and trading operation is told that their teams must return to the office by Sept. 21. Employees with child-care issues and medical conditions that make them more vulnerable to coronavirus complicat...
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The Future Of Superman On Film Must Embrace Evolution Over Nostalgia Whether Henry Cavill suits up as the Superman again, or the franchise opts to reboot, one thing needs to happen either way, evolution.
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McDonald's Plans To Test Reusable Cups For Hot Drinks McDonald's is partnering with Loop to test reusable cups for hot drinks in the U.K. Although the trial will begin in 2021, the company has already announced how the initiative will work.
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China Drug Maker's Shares Plunge On AstraZeneca Vaccine AstraZeneca has been considered to be a global leader in the race to develop a COVID-19 vaccine.
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