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Business News

Location American Business News for 5 October 2020
Ecommerce Glitches Frustrate 40% of Shoppers, But Clearer, Proactive Guidance Can Mitigate Problems Friction is an ecommerce sales killer, and retailers have room to improve: 40% of shoppers have recently struggled to complete a transaction online, according to a survey by GoMoxie. Among these customers, 62% abandoned ...
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President's Health, Covid-19, Remain Front And Center As Market Stays Focused On Headlines There's positive sentiment to start the week amid hopes that the president's health could be improving and chances of a stimulus. Still, be on the lookout for volatility, and consider watching small-caps for hints of whe...
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This Student Loan Forgiveness Dropped From Stimulus Bill Will I get student loan forgiveness?
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New Oceana Report Suggests Shady Fishing Practices By Large Fleet Near Galápagos Analysis of publicly-available data from satellite trackers showed Chinese vessels disappearing and reappearing on the map, days to weeks later.
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U.S.-Stock Funds Rose 7.5% in a Choppy Quarter

Wall Street Journal - 5 Oct 2020 02:39
Quarterly Monitor: Third-quarter gains for the stock market have pushed the average U.S.-stock fund slightly into the black for the year to date.
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Denver is experiencing its most competitive housing market in history, largely driven by the new work-from-anywhere culture of the coronavirus pandemic.
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After Banning ICOs China's Defi Ecosystem Grows Exponential This Year The decentralized finance (defi) ecosystem has become a multi-billion dollar industry and quite a bit of the popularity is stemming from China. While a number of defi projects from the West like Uniswap, Compound, and Ma...
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Anecdotes on President's Treatment Trump Data on Wall Street

Wall Street Journal - 5 Oct 2020 15:54
Investors took notice of President Trump's evident improvement, as two companies supplying drugs for his treatment are seeing their shares rise. But it is impossible to say whether the drugs elicited the recovery.
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Italy's Nexi agreed to acquire crosstown fintech rival SIA for about almost $5.4 billion in a stock deal that creates a European giant in the fast-consolidating payments sector.
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And the No. 1 Stock-Fund Managers Are...

Wall Street Journal - 5 Oct 2020 02:37
Winners' Circle: A five-person team at Zevenbergen Genea Fund wins the stock-picking crown for the past 12 months, riding Tesla's shares.
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A proposed Labor Department regulation would make it harder for these funds to be offered in retirement accounts.
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Icahn, ex-protege fuel trucking-merge drama

New York Post - 5 Oct 2020 00:09
Icahn, ex-protege fuel trucking-merge drama This big-rig truck merger could be headed for a collision course. Carl Icahn and other key investors in trucking giant Navistar are willing to sell it to a Volkswagen subsidiary for around $50 a share, valuing the maker ...
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97% of Freelancers Plan for Long-term Gig Work

Small Business Trends - 5 Oct 2020 18:00
97% of Freelancers Plan for Long-term Gig Work A new survey of Bunny Studio freelancers find that nearly all of them plan to keep freelancing on a long-term basis.
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S&P 500 futures ticked higher as markets cheered reports of Trump's improving condition and Biden's widening lead, both of which signal less political uncertainty
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During its annual GTC conference, Nvidia unveiled a number of health care innovations, including a supercomputer dubbed Cambridge-1.
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It's Profitable To Be Patient With Citigroup Stock Citigroup Stock has seen some downward movement since the start of September, after a larger sell-off in the stock market drove the stock price down - the stock has moved 2.2% in a week (5 trading days) to $43 now. But w...
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Synopsys' Stock has Rallied 90%, Should You Enter? We believe there may be better places for your money than Synopsys' stock. SNPS trades at $214 currently and it has gained 53% in value so far this year. It traded at a pre-Covid high of $165 in February, and it is much ...
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Stock futures climb as Wall Street eyes Trump's COVID-19 recovery US stock futures rose early Monday as investors welcomed signs that President Trump was recovering from the coronavirus. Futures contracts for the Dow Jones industrial average were up 202 points, or about 0.7 percent, at...
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New PPP Notice Gives Borrowers Transfer Guidelines And Procedures These new rules will cause significant hardship for borrowers whose PPP loan documents do not prevent assignment, and for those who simply would not have known that there were transfer rules.
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Much of the struggle for frontier and emerging-markets funds it is due to exchange-rate risk for U.S.-based investors.
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Five Reasons Why Investors Might Buy Negative-Yielding Debt

Wall Street Journal - 5 Oct 2020 02:32
From currency fluctuations to deflation, there are several scenarios in which purchasers of negative-yielding bonds can come out ahead.
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A suit alleged Bridgewater was withholding up to $100 million in deferred compensation because Ms. Murray disclosed to a third party that she had a gender-discrimination dispute with the hedge fund.
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