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Business News

Location American Business News for 20 October 2020
Owners of Small Movie Theaters Struggle to Ride Out the Pandemic Movie-theater companies of all sizes are confronting unprecedented financial strain during the pandemic as capacity restrictions, moviegoers' reluctance to return to cinemas and a dearth of high-profile movies from big s...
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Study: Majoring In Economics Raises Earnings By $22,000 Choosing your major is one of the most important financial decisions you'll ever make.
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For investors who have been waiting for the moment to rotate out of technology stocks -- your ship may be about to come in, says our call of the day from JPMorgan.
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Shares of Trainline slumped as much as 15% in London action, after the online seller of rail and bus tickets said its chief executive would step down.
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Latest Satellite Analysis Reveals New Theory For Deadly Wakashio Oil Spill In Mauritius The latest satellite analysis from Windward reveals new theories for what may have caused the grounding of the Japanese-owned Wakashio bulk carrier ship and the massive oil spill in Mauritius. This will now become a crit...
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Pinterest Adds Salaam Coleman Smith to Board of Directors Pinterest continued to follow through on CEO Ben Silbermann's pledge to diversity its board of directors with Tuesday's addition of Salaam Coleman Smith. Smith currently serves as an advisor to private and nonprofit comp...
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Companies Need to Think Bigger Than Diversity Training

Harvard Business Review - 20 Oct 2020 14:45
It’s time for a more ambitious approach.
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Bitcoin trading dominance hits 2017-levels not seen since $20,000 BTC The Bitcoin trading dominance has hit a three-year high for the first time since BTC hit its all-time high price of almost $20,000.
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Former Bears player Nathan Vasher sells Vernon Hills home for $780,000 -- just over half what he paid before recession The cornerback, now a coach for the University of Texas at Austin, had paid $1.32 million in 2007 for the home, which features many luxe amenities.
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Walmart's ad business reportedly nears $1B in annual sales Walmart's advertising arm is expected to rake in nearly $1 billion in sales this year as the retail giant works to expand the nascent business, a new report says.
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It's the first report since longtime Chief Content Officer Ted Sarandos was promoted to co-CEO.
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Column: Home warranties seem attractive amid lockdown. Here's why you want to be careful Months after filing a claim for his broken refrigerator, a Ventura man was still waiting for a repair or replacement.
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LinkedIn Beefs Up Its Virtual Events Offerings for Company Pages LinkedIn introduced Virtual Events for company pages in May as a way to help make up for the cancellation of in-person events due to the pandemic, and Tuesday, the professional network added new features to help bolster ...
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Netflix Inc. reported a dramatic slowdown in new subscribers Tuesday and widely missed earnings expectations, sending shares on a plunge in after-hours trading.
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Stimulus Deal Soap Opera Likely To Drag On Past Today's Deadline As Pelosi, Trump And McConnell Send Mixed Signals The White House has "come a long way" on testing and tracing language, Pelosi said, but major disagreements still remain amid "mixed messages" from President Trump and Senate Republicans.
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Feds say man accused in Bridgeport bank collapse tried to contact widow of dead CEO A man at the center of a fraud investigation into a failed Bridgeport bank improperly tried to contact the widow of the bank's CEO, who was found hanged in the home of a customer three years ago, prosecutors said in a co...
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Traders Pick Up Pieces After Outages At European Exchange Giant

Wall Street Journal - 20 Oct 2020 19:46
A glitch at bourses owned by Euronext left traders with unintended exposures and unsure whether a portion of the trades they placed Monday had gone through.
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Leftover Paycheck Protection Program funds and a September jump in retail spending suggests activity is improving without fiscal support, she said.
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Hotels.com Is Doing a Private Friendsgiving Island Getaway for $50 a Night Before the pandemic, most would not associate Thanksgiving dinner with privacy. Under normal circumstances, you would head to a crowded family gathering, greet a bunch of relatives you vaguely remember and dodge question...
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Companies controlled by one of New York's most prominent hotel developers received millions of dollars in loans from a government program intended to support small businesses as the coronavirus hammered the economy.
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This Might Be One of the Most Lovely and Unexpected McDonald's Ads Ever If you were lucky enough to have been read bedtime stories as a child, then you'll no doubt have fond memories of being transported to different places and times using the power only of a good story and your childhood im...
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The U.S. Justice Department alleges that Google carries out anticompetitive business practices and maintains monopolies in search and advertising.
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