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Business News

Location American Business News for 4 October 2020
Guo Wengui, a Chinese businessman allied with former White House advisor Steve Bannon, is in an increasingly volatile fight with investors over a fundraising plan that has drawn scrutiny from banks and investigators.
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This one-off, record-holding boat has a Ferrari race engine and a $12 million price tag -- see the 1952 Arno XI Since this is the only boat ever to use a Ferrari Formula One engine, it's being completely restored by Ferrari's restoration arm, Ferrari Classiche.
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China's Economic Recovery Helps Drive Its Stocks Higher

Wall Street Journal - 4 Oct 2020 13:06
Chinese stocks have fared better than their U.S. counterparts for much of this year, and more gains are likely as the country's economic rebound gathers steam.
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Asana: Secrets To Creating Software That Customers Love And it's not just about great technology.
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AT&T CEO Says Big HBO Bet Will Pay Off in Long Run

Wall Street Journal - 4 Oct 2020 14:00
AT&T CEO Says Big HBO Bet Will Pay Off in Long Run CEO John Stankey is working to convince investors that the deal making executives pursued to fortify AT&T in lean times won't end up weighing it down--while urging patience for the company's long-term bets to pay off.
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America's Main Street Revival Goes Into Reverse, Cutting a Small-Town Lifeline Small towns fostered a wave of new downtown restaurants and specialty shops in recent years, bringing some much-needed growth. The challenges faced by businesses in Emporia, Kan., show how much that revival is now in dan...
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My job of 14 years was destroyed by a private equity company. It's time for Democrats to actually stand up to Wall Street. Private equity firms have destroyed over 1.3 million jobs. Democrats have a chance to stand up and crack down this behavior.
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Federal tax relief for new homeowners would help millennials and support prices, writes Sanjiv Das.
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A Helpful Investing Tool, Straight From The Sports World That is like a sports team having some good players, but no coaching staff, no discipline on the field, and no leadership in the locker room.
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4 Steps To Improve The Accuracy Of Virtual Interviews With the current shift toward remote work, and therefore more virtual interviews, accurately assessing talent is increasingly important, but increasingly difficult. It doesn't have to be. Four steps can make all the diff...
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Top 5 cryptocurrencies to watch this week: BTC, ADA, XMR, ATOM, VET Bitcoin could consolidate for a few more days but select altcoins have formed reversal patterns that may lead to a trending move.
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"The day to day is kind of daunting; it puts you in survival mode, which I don't like. Just because it's hard to think beyond the tip of your nose."
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Softbank's new food service robot Servi could replace waitstaff and food runners at restaurants Softbank is the company behind the humanoid robot Pepper and its new Servi model has already worked at Denny's and other restaurants amid Japan's labor shortage.
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Federal subsidies help millions of people afford the cost of health insurance. But spikes in income can force you to repay these so-called premium tax credits.
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These 4 Dividend Stocks Average 18% Payout Growth A Year Dividend safety matters more than ever today.
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The Week in Business: A Sick Twist for the Economy

The New York Times - 4 Oct 2020 13:00
The Week in Business: A Sick Twist for the Economy President Trump's coronavirus diagnosis throws markets -- and his campaign -- into turmoil.
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Olivia de Recat and Julia Edelman offer a humorous look at what some high-school crushes might be up to all these years later.
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Major U.S. technology sectors could take a disproportionate hit to earnings from Joe Biden's tax proposals, analysts say.
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More Investor Caution This Week As Stimulus And Trump Dominate Sentiment This week in the market, everything is riding on stimulus and Trump's health.
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Where Is Crude Oil Headed?

Forbes - 4 Oct 2020 21:02
Where Is Crude Oil Headed? Last week's economic data came out mixed but did push stocks higher. With COVID-19 cases on the rise, including in the White House, this next week's performance will set the stage for the rest of the month. The Viper Rep...
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Weak Employment Data, Savings Out Of Bullets Q4 has started off soft despite; excess savings appear to have been depleted, and trends in the labor market are anything but rosy.
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NYC To 'Rewind' Reopening In Some Neighborhoods As Covid-19 Cases Surge The reclosure plan, set to take effect in nine ZIP codes on Wednesday, still needs to be approved by the state.
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