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Business News

Location American Business News for 17 September 2020
The clothing retailer saw sales fall 34% as the coronavirus pandemic closed stores.
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Tens of thousands of children with mental disabilities are unable to access their savings when they turn 18.
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Playstation 5 Price: Sony Surprises By Matching Xbox [Infographic] After Microsoft blinked first and leaked the price of its new Xbox consoles, Sony has now followed suit, announcing pricing details for the two versions of its upcoming PS5.
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It's OK To Feel Tired

Forbes - 17 Sep 2020 14:20
It's OK To Feel Tired Given all that's occurred and continues to occur, it's hard at times to see or feel the importance of what we're doing with our work
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With homebuilder sentiment hitting all-time highs on the back of demand for suburban housing, two traders reveal their favorite ways to play the space.
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Is The Dollar Bottoming? A Close Look

Forbes - 17 Sep 2020 22:23
Is The Dollar Bottoming? A Close Look This is a look at the price charts for the US dollar to see if the world's most important currency might be done going down.
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Snowflake CEO Frank Slootman Talks IPO Pop: Narrative Of Lost Billions Is 'Nonsense Talk' Snowflake's IPO was the biggest of the year, leading some to point to lost billions in its IPO pop. CEO Frank Slootman disputes the argument the IPO was mispriced in the strongest of terms.
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Here's how stimulus checks could cost Americans in the long run Massive federal spending meant to blunt the coronavirus’s economic impact could have long-term costs, experts say -- meaning those stimulus checks might not be free money after all. Congress’s unprecedented stimulus ...
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The pandemic has only accelerated demands from customers, business leaders, and employees alike for digital solutions that make business more seamless.
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Dow tumbles 320 points as tech sell-off outweighs encouraging jobless-claims data Investors have their eyes set on additional stimulus measures from Congress, with President Donald Trump advocating bigger direct stimulus checks.
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Penn National Gaming Stock Can Surge Higher Thanks To 'Portnoy Momentum Trade,' Stifel Says Penn National's stock will continue to soar thanks to rising "sports betting euphoria."
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Gold futures retreat on Thursday as commodity investors reacted to the monetary policy statement from the Federal Reserve, which indicated it intends to keep key interest rates near zero through 2023.
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Bunch has raised $20 million in venture funding for its mission of helping friends party up with each other in multiplayer mobile games.
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'I want my share back, one sister doesn't want to anger our cousins, and the other is undecided.'
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6 reasons it's really hard to commit voter fraud with mail-in ballots Mail-in voting has built-in safeguards that make it hard for one person to commit voter fraud and even more difficult to do it on a mass scale.
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Topeka, Kansas Is Looking To Lure Remote Workers With A $10,000 Incentive Topeka is joining the growing ranks of small and mid-sized cities looking to attract remote workers with incentives.
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Banksy May Lose Trademark After Court Rules Greeting Card Company Can Sell His Work The company argued they should be able to use Banksy's images because his anonymity prevents him from being identified as their owner.
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Kraken Cryptocurrency Exchange Gets US Banking License, Plans to Be Global Bank Cryptocurrency trading platform Kraken has received a banking license recognized under federal law to operate as a bank in the U.S. The company has outlined its plans to offer a number of cryptocurrency-focused financial...
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Airlines Make Final Plea for Aid to Avoid Job Losses

Wall Street Journal - 17 Sep 2020 16:04
Airlines Make Final Plea for Aid to Avoid Job Losses Top executives at major airlines including American Airlines, Southwest Airlines, and United Airlines will meet with White House chief of staff Mark Meadows, as they make a final push for more government aid.
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Small Tech Stocks Soar as the Future Arrives Early

The New York Times - 17 Sep 2020 11:00
Small Tech Stocks Soar as the Future Arrives Early The giants aren't the only ones. A subset of software, streaming, security and e-commerce firms are also posting eye-popping gains.
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Inflation above RBI's 6% target for 5th month

livemint.com - 17 Sep 2020 19:17
Retail inflation eased marginally to 6.69% in August from 6.73% in July but stayed above the Reserve Bank of India's target
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In an analysis, we found that Siri, Google Assistant, and Alexa fall short when it comes to conveying information about the 2020 U.S. presidential election.
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