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Business News

Location American Business News for 16 September 2020
The PlayStation 5 'Demon's Souls' Remake Is Also Coming To PC [Updated] Demon's Souls looks great on PS5, but it's coming to PC and eventually other consoles as well.
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Wisconsin Dells' Tommy Bartlett water ski show, closed by coronavirus, is shutting down for good The Tommy Bartlett Show in Lake Delton had to cancel this year's season, it's 70th, and can't recover from the loss of revenue.
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Software company prices shares at $120 apiece, higher than an already raised range, as busiest week for IPOs since Uber went public begins
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Behind The Curtain--Chapter 11 From The Inside--Chapter 9--Contracts And Leases (Part II) The decision on whether to assume or reject a lease of commercial property has to be made within the first 120 days of the case.
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McDonald's wants employees to know Travis Scott's catchphrases, as TikTok is flooded with videos of customers ordering by blasting 'Sicko Mode' McDonald's customers are ordering the Travis Scott Meal by blasting "Sicko Mode," posting videos of the interactions on TikTok.
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The best Airbnbs in Cape Cod

Business Insider - 16 Sep 2020 22:11
The best Airbnbs in Cape Cod Cape Cod is just one hour from Boston and four hours from New York, filled with sandy beaches, quaint villages, and great vacation rentals.
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Dow Jumps 100 Points After Federal Reserve Pledges To Keep Interest Rates Near Zero Until 2023 The central bank expects the economic recovery to continue at a "reasonable pace" over the next few years.
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How small businesses can cut costs and boost revenue as they start to reopen safely We spoke with several business leaders about how to trim costs and maximize revenues under these difficult circumstances.
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Kodak Didn't Break Law When Loan Was Revealed, Panel Finds

Wall Street Journal - 16 Sep 2020 05:04
Kodak Didn't Break Law When Loan Was Revealed, Panel Finds A special committee hired by the company's board found several governance concerns regarding the announcement of a planned $765 million loan from the U.S. government, but said none of them violated the law.
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Trump Wants Republicans To Make A Deal On Stimulus, Slams 'Heartless' Democrats For Delay In a Twitter post, the president urged Republicans to "go for the much higher numbers" in the next federal relief plan. Democrats ignored the insult and applauded the higher number.
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Kodak soars 83% after special committee it hired finds no violations of law related to government loan announcement In a statement, Kodak said it would take actions recommended in the report to strengthen its practices, policies, and procedures.
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Apple Increasingly Frustrates Helena Bonham Carter by Showing Just How Much a Watch Can Do In the early 1990s, AT&T famously predicted much of technology's future in a Tom Selleck-narrated campaign called "You Will." (See below to revisit the ads, which foresaw everything from remote learning to widespread WiF...
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Wall Street dreams of Goop IPO tied to 'aspirational lifestyle' SPAC filing In addition to vagina-scented candles and 18-karat gold dumbbells, Goop aficionados may soon be able to buy stock in the health and wellness retailer founded by Gwyneth Paltrow. At least that’s the chatter going around...
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Sony teases next God of War for PlayStation 5

Venture Beat - 16 Sep 2020 22:58
Sony closed its virtual PlayStation 5 event today with a teaser for the next God of War, a sequel to the reboot from 2018.
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Facebook is hiring a director of remote work as it plans for a more permanent shift to working from home Facebook has been making a shift toward permanent remote work, and now, it's hiring for a new director to lead those efforts.
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Factors such as age, condition of the car, distance travelled and the number of owners can play a big role
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Why Unemployment Claims May Be Overcounted by Millions

The New York Times - 16 Sep 2020 16:25
Why Unemployment Claims May Be Overcounted by Millions Weekly tallies of jobless claims were not meant to be treated as an economic indicator. The pandemic has exposed the shortcomings of doing so.
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Market Seems Optimistic About Fed's Accommodative Stance, Inflation Averaging While investors may be in a bit of a holding pattern ahead of Fed commentary this afternoon, the market does seem optimistic that the central bank will continue its ultra-accommodative stance while also being willing to ...
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Prosecutors at a Critical Juncture in Anti-Spoofing Effort

Wall Street Journal - 16 Sep 2020 23:44
Trial of two former Deutsche Bank traders requires prosecutors to explain to jurors a type of trading deception known as spoofing.
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Federal Reserve Says It Will Keep Interest Rates Near Zero Until 2023 The Fed pledged to hold rates steady until inflation begins to consistently rise.
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NBA Draft Now Scheduled For November 18

Forbes - 16 Sep 2020 16:31
NBA Draft Now Scheduled For November 18 The NBA Draft is now set for Nov. 18, although the league said the date "remains subject to change."
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Capcom revealed that Devil May Cry 5 will be a PlayStation 5 launch game ... whenever that will be. This is a special edition of the action game.
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