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Business News

Location American Business News for 30 September 2020

How Zoom Conquered Video Conferencing

Forbes - 30 Sep 2020 20:10
How Zoom Conquered Video Conferencing In 2020, Zoom grew so quickly that it became the default term for video conferencing. One key strategy drove them past their competitors.
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Integration Gives Media Clients on NewsWhip Access to Reddit Content Clients of media social intelligence provider NewsWhip can now more easily incorporate content from Reddit into their stories following an agreement between the two companies that was revealed Wednesday. Journalists and ...
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Disney's Parks Can't Stand on Pandemic's Middle Ground

Wall Street Journal - 30 Sep 2020 19:59
Layoffs at Disney are the latest indication that real recovery is unlikely before a Covid-19 vaccine.
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Pending home sales rose 8.8% in August, reaching a record high pace, according to the National Association of Realtors survey, which dates back to January 2001. Sales were 24.2% higher than August 2019.
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Apple Is Restarting Its U.K. Productions With Gary Oldman And Uma Thurman Projects Apple is set to restart its U. K. commissioned drama productions with two big-budget series starring Gary Oldman and Uma Thurman respectively.
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General Atlantic Comes Calling On Asia's Richest Man's Retail Business U.S. private equity firm General Atlantic will invest 36.75 billion rupees ($498 million) in the retail business of Mukesh Ambani's Reliance Industries.
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The group responsible for developing Baidu's voice platform, DuerOS, will seek to raise capital at a $2.9 billion valuation.
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U.S. oil futures settle higher Wednesday after U.S. government data show a third consecutive weekly decline in domestic crude supplies, but prices still suffer their first monthly decline since April as concerns persist ...
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Stocks Close A Dismal September As Investors Prepare For An Even Rockier October Market volatility is likely to increase in October ahead of the election, experts warn.
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An already impressive consumer/business VR headset is about to gain a collection of biometric sensors that are intended for use by enterprises and trainers.
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10 things you need to know before the opening bell

Business Insider - 30 Sep 2020 12:45
This is what traders are talking about.
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The floor was his. He was asked to do it. And yet Donald Trump on Tuesday repeatedly failed to condemn...
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Judge Blocks Joint Venture Bid By Two Biggest U.S. Coal Mining Companies Peabody Energy and Arch Resources cannot carry through with their plan to form a joint venture in a prolific coal mining region in Wyoming and Colorado, a judge for the U.S. District Court for the Eastern District of Mis...
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Offshore Online Gambling Site Seeks to Become Legal U.S. Operator A Costa Rica-based online sportsbook 5Dimes, which illegally took bets from Americans for years, reached a nonprosecution agreement with federal prosecutors as it tries to move into the legal sports-betting market.
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No Second Stimulus Deal Today: House Democrats Move To Vote On Their Own Bill, McConnell Throws Cold Water On Talks Mnuchin and Pelosi did not reach a deal on the next round of stimulus aid Wednesday afternoon, though Pelosi said talks "will continue."
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Trump targeting Black voters in 2016 shows Facebook's microtargeting is a danger to democracy, experts say "The truth is that the biggest bad actor on Facebook is Facebook," Dr. Jennifer Cobbe of Cambridge University told Business Insider.
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Seven Airlines Close Billions of Dollars in Loans With Treasury

Wall Street Journal - 30 Sep 2020 05:00
Seven Airlines Close Billions of Dollars in Loans With Treasury The U.S. Treasury said it has closed loans to seven passenger airlines and joined with the industry to call on Congress to extend more aid to prevent massive job cuts later this week.
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Subway's struggles continue as 50 more corporate staff laid off Subway Restaurants on Tuesday laid off about 50 people in its business-development and leasing units, or more than 5 percent of its corporate staff, The Post has learned. The layoffs, which mark the struggling chain's th...
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Launching A Startup Comes Down To Making A Few Key Decisions Taking an idea to market comes down to making not more than five to ten key decisions. Not a hundred, just a few. And you only need to get a few of them right. Here are three important decisions every entrepreneur has to...
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McDonald's spicy nuggets and hot sauce are selling out across America just 2 weeks after their debut McDonald's is running out of its Spicy Chicken McNuggets and Mighty Hot Sauce just two weeks after the limited-time offerings first debuted.
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Reinvention or Brain Drain? Inside R/GA's Transition R/GA has long taken pride in its ability to reinvent itself for the times. In an industry where agency names and their selling points easily become jumbled, R/GA has managed to stand out with the promise of reinvention e...
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How The Martin Agency Captures Consumer Pain Points for Brands The past few years have had a certain level of tension in America. More recently, however, the angst has ramped up with several crises like the pandemic and civil unrest unrolling simultaneously. Last night's presidentia...
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