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Business News

Location American Business News for 27 October 2020
How One Creative Is Changing the Entrepreneurial and Design Landscape in Texas If you live in Austin, Texas, chances are you've caught wind of 28-year-old Jane Claire Hervey's work, whether or not you've heard her name. Through nonprofit Boss Babes ATX and creative studio Group Work--both of which ...
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Goldman Sachs covered up sexual misconduct of top lawyer: lawsuit Goldman Sachs staged a sham investigation to cover up a top lawyer’s steamy office affair — and then pushed out an attorney who tried to blow the whistle, an explosive lawsuit claims. Former vice president Marla Craw...
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How This B Corp Went From Clothing To Food And Is Hiring More Now Than Pre-Pandemic In Its Stores Six months in, UBB has discovered a new business model that's enabled them to hire more staff than they had in their stores and cafes pre-pandemic.
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Google today announced updates to its service for building apps for Android, iOS, and the web, at the online-only Firebase Summit.
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Microsoft Teams has passed 115 million daily active users, up 53% from the 75 million daily active users in April.
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Deci claims to accelerate deep learning runtime by up to 10 times on any hardware by amplifying throughput and minimizing latency.
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Businesses that received Paycheck Protection Program loans and Economic Injury Disaster advances discovered later they can't get full forgiveness. Lenders want the rules changed.
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Juventus Was On The Edge Of Signing Aouar, Italian Transfer Market Expert Gianluca Di Marzio Reveals I sat down with Sky Sports Italy journalist and transfer market pundit Gianluca Di Marzio to grade all the major deals and to discuss the impact of COVID-19 on the soccer industry.
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Advanced Micro Devices has agreed to buy programmable chip maker Xilinx for $35 billion in stock. And AMD beat earnings estimates for Q3.
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Lightmatter, an optical chip startup, unveiled a hardware interconnect solution capable of speeds exceeding 1Tbps.
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Chiefs Are 20.5-Point Betting Favorites Over Jets, One Of 10 Biggest NFL Spreads Since 1976 Jets versus Chiefs is a massive mismatch almost any way you slice it. Vegas took note and made the defending Super Bowl champions historic favorites over 0-7 New York.
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Struggling Rental Market Could Usher in Next American Housing Crisis A housing crisis centered on the vast apartment and home-rental markets is emerging in the U.S., threatening to send millions of renters into eviction and leave landlords short billions of dollars.
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Pain at the shopping mall is throwing up a moneymaking opportunity for fund managers. For the bet to pay off, retailers on the edge of going bust must actually survive.
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J.M. Smucker Co. selling Crisco brand to Green Giant and Cream of Wheat owner for $550 million J.M. Smucker will get about $550 million in cash when it sells the iconic Crisco brand to B&G Foods, maker of Green Giant, Emeril's and Ortega foods       
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Trump vs. Obama: Who has the better record on the U.S. economy? In the three years before COVID-19, the U.S. economy under Trump performed about the same as it did during the last three years of Obama's presidency.
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What's behind the leadership shake-up at TCF

American Banker - 27 Oct 2020 22:48
Craig Dahl said working seven-day weeks to shepherd the integration with Chemical and then the combined company's coronavirus response led to his abrupt retirement.
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GMC Creates the World's Biggest Tweet to Promote Its 2021 GMC Yukon GMC didn't just go big to promote its next-generation 2021 GMC Yukon: It went world's biggest. General Motors' truck division teamed up with Twitter to create the world's biggest tweet, while at the same time backing the...
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Dow Plunges Another 200 Points After Worst Day Of October As Stimulus Hopes Fade Before Election Day A slew of firms released earnings Tuesday that beat Wall Street's revised expectations, but many of them still posted double-digit percentage losses year over year.
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HSBC vows to 'accelerate' U.S. cost-cutting plan

American Banker - 27 Oct 2020 20:51
The global bank, which has already closed more than 30% of its U.S. branches this year, indicated that the pandemic is prompting it to adjust its plans on the fly.
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Tucker Carlson Leads Fox News To Highest-Rated Month In History Fox News shattered all cable news ratings records in October, with each of its prime time shows setting all-time ratings highs.
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CD Projekt Red announced that it has delayed the ambitious and highly anticipated Cyberpunk 2077 by another 21 days until December 10.
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A research report by Citi and Plan International shows investing in girls' education within developing economies could lift GDP by 10%.
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