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Business News

Location American Business News for 1 October 2020

TransUnion to Buy Tru Optik

AdWeek - 1 Oct 2020 14:00
TransUnion to Buy Tru Optik TransUnion, the country's third-largest credit reporting agency, is buying data company Tru Optik in a deal understood to be worth north of $100 million. TransUnion participated in a $10 million funding round in Tru Opti...
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Twitter took down a network of 130 fake accounts in Iran that tried to spread disinformation during the US presidential debate Twitter said the FBI alerted it to the accounts, which tried to "disrupt the public conversation" but ultimately had "very low engagement."
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4 tips for using social media to grow your business

Business Insider - 1 Oct 2020 15:02
4 tips for using social media to grow your business There are interactive features on apps like Instagram that can help boost audience engagement and turn your followers into paying customers.
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Mnuchin said any coronavirus aid agreement would include another round of $1,200 stimulus checks for Americans.
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Volkswagen Sold Nearly Twice As Many ID.3s In Norway In September As Tesla Sold Model 3s That fact was confirmed when Elon Musk and VW Group CEO Herbert Diess "went for a spin" in an early ID.3 model at VW's facility in Braunschweig four weeks ago.
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Mortgage Lender Caliber Home Loans Prepares for an IPO

Wall Street Journal - 1 Oct 2020 21:49
Caliber Home Loans is preparing for an initial public offering that could value the company, one of the largest U.S. mortgage lenders, at more than $2 billion.
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SPONSORED JOBS: It's no secret that Black entrepreneurs are less likely to receive venture capital funding. Historically, the same has been said for female entrepreneurs. So, you can imagine that the odds are stacked aga...
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A Reality Check is Needed at This Stage of CBDC Development - Deutsche Bank What's needed before even discussing a wide implementation of central bank digital currencies (CBDCs) is a reality check, with several major, interconnected issues left to be solved first, stated a report by Deutsche Ban...
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American Airlines to furlough 19,000 employees as clock runs out on deal for federal aid The move by American represents the first -- and likely the largest -- involuntary jobs cut across the industry in coming days.
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Atlantic Community Bankers Bank must improve its anti-money laundering and Bank Secrecy Act policies and procedures.
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Bed Bath & Beyond's Rebound Looks Too Springy

Wall Street Journal - 1 Oct 2020 18:54
The retailer's share price surged 30% Thursday morning, but the company's latest earnings were merely respectable.
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Incomes Starting to Buckle as Federal Support Fades

Wall Street Journal - 1 Oct 2020 18:25
The boost that government support was providing to the balance sheets of many Americans has demonstrably begun to fade, challenging the economy's ability to recover, unless something changes quickly.
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European Commission President Ursula von der Leyen said that the EU has sent a letter of formal notice after London failed to drop a controversial bill reneging on last year's agreement over the U.K.'s exit from the unio...
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BitMEX Co-Founders Charged With U.S. Rules Violations

Wall Street Journal - 1 Oct 2020 21:16
Four executives of one of the world's largest exchanges for trading cryptocurrency derivatives have been charged with violating U.S. anti-money-laundering rules as authorities ramp up enforcement efforts.
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Amazon's new Auto Mode for the Alexa app on smartphones is a car-centric interface that provides one-tap access to common functions.
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How To Buy Stocks For 15% Less And Cash Flow 7.4% Yields Mom never liked paying the sticker price. If there was a coupon somewhere to be found, she'd find it.
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Trump administration move could slash wages for over 200,000 farm workers The Trump administration plans to stop collecting farm worker wage data, which could lead to far lower wages for migrant laborers.
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Stocks end higher on stimulus hopes even as Wall Street slams debate Stocks ended the day higher on Wednesday, no thanks to Tuesday night's chaotic and widely-criticized presidential debate. Stock indices soared in early morning trading with the Dow Jones industrial average rising more th...
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For the second year in a row, Zynga launched its Breast Cancer Awareness Month campaign in its popular Words With Friends social game.
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Harvest, a fintech founded by Nami Baral, has developed an alternative scoring method that amasses data on spending patterns, debt payments and even earnings potential to get a better sense of consumers' creditworthiness...
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Harry And Meghan Speak Out Against Structural Racism "We cannot change history," the Sussexes wrote. "But we can define our future as one that is inclusive."
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Iowa Pig Farmer: 'We're Still in Survival Mode'

Wall Street Journal - 1 Oct 2020 18:26
Iowa Pig Farmer: 'We're Still in Survival Mode' Across Iowa, the biggest hog-producing state, losses piled up for farmers and processors as the coronavirus reshaped the pork market. What initially looked like a prosperous year rapidly became the industry's worst finan...
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