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Business News

Location American Business News for 28 Oct 2020

The subprime lender cited low odds that Washington will deliver further economic relief, and the fact that $1.5 billion of loans whose deferral period expired are now more than 30 days behind.
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Ant Speeds Ahead with RecordThe financial-technology company part-owned by Alibaba Group is set to raise at least $34.4 billion through dual listings in Shanghai and Hong Kong.
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According to Adobe's 2020 Voice Survey, people are increasingly turning to voice technologies to avoid touching high-contact surfaces during the pandemic.
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Tariffs Didn't Fuel Revival for American Steel

Wall Street Journal - 28 Oct 2020 11:30
Tariffs Didn't Fuel RevivalPresident Trump's 25% duties haven't yielded the steelmaking renaissance that he promised during his 2016 campaign. The industry's early job gains evaporated as steel demand and prices sank.
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Cheese Makers Reel as Pandemic Sows Market Chaos

Wall Street Journal - 28 Oct 2020 11:30
Cheese Makers Reel as PandemicThe U.S. cheese industry is reeling from seven months of chaos as the coronavirus pandemic causes upheaval in prices and demand.
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Investors hunting multibaggers on Dalal Street are eyeing the stock keenly, as it traded just a fraction above its previous high.
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I tried every majorI tested bras from Third Love, Cuup, True & Co., Lively, and Negative Underwear in my search for the best fit, style, and quality. “Let’s talk about boobs!” is just about one of the... best icebreakers I’ve heard. That’s how my fitting with DTC bra company Cuup started, and my search for the best bras began. After spending a few months in quarantine (and, like most people, gaining a few pounds), I became determined over the summer to find the perfect new bra that I could get delivered to my door. I met with multiple sales reps to talk about the fit and functions I needed, and tested multiple styles from Cuup, Lively, Third Love, Negative Underwear, and True & Co. Read Full Story
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The $750 Million Pre-HalloweenEven though cryptocurrency traders have been exuberant over the price rise, a number of analysts are focused on the large bitcoin and ethereum options expiries set to end before Halloween. Data from... Skew.com shows $750 million in Bitcoin options is set to expire and prices could get volatile. The price of bitcoin (BTC) touched an […] The post The $750 Million Pre-Halloween Bitcoin Options Expiry Has Started to Spook Traders appeared first on Bitcoin News.
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Weekly stock picks by ReligareThe auto pack is largely trading in tandem with the benchmark and most stocks have recovered to their pre-Covid levels
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Report: Trump Had Over $280The debt largely came from his Chicago tower.
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War Horses for Veterans GetsOne military veteran's own experiences led him to start a business helping other vets get back on their feet when active service is finished.
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How the electoral collegeIn the United States, Americans don't directly elect the president. Here's how the electoral college selects the next president.
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Stocks see big losses in trade Wednesday, pressured by rising COVID-19 cases in the U.S. and Europe, presenting a threat to the economic recovery.
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The UK's first fully-veganRudy's in London will sell meat-free versions of butcher staples, including pulled pork, pepperoni, and components of a Full English breakfast.
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More credit unions announce Election Day closures

American Banker - 28 Oct 2020 18:22
Democracy Federal Credit Union is the latest to move ahead with plans to shut down on Nov. 3 so employees can get to the polls.
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Eye-Tracking Software RevealsIf you're hoping to get top dollar when you sell your house, these are the places to focus on because that's what buyers look to first.
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Millennial Cracks YouTubeYouTube can look like a get-rich-quick scheme, but it's really a business. Graham Stephan started his YouTube channel out of a desire to talk about personal finance. But four years later, he's a... YouTube superstar earning seven figures from his combined YouTube operations.
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US oil prices accelerated losses Wednesday to shed more than 5% in value, as traders fretted that the worsening coronavirus crisis would further slash the world's appetite for crude.
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PayPal Invests $50 Million inThe company is putting $50 million in Black- and Latino-led venture capital firms.
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Boeing warns of 30,000 jobUS firm posts $925m loss as it struggles with pandemic and grounding of 737 Max plane Coronavirus - latest updates See all our coronavirus coverage Boeing has warned it would cut the jobs of 30,000... workers after another quarter of heavy losses caused by the coronavirus pandemic and the grounding of its bestselling 737 Max plane. The US manufacturer said it expected to have a workforce of 130,000 by the end of 2021, down from 160,000 before the pandemic.
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As temperature plummets, saleIn addition to the increase in demand due to falling temperature, there is expectation that the ongoing festival season will increase the winter wear sales
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GSK And Sanofi Pledge 200The companies hope to apply for approval in the first half of 2021.
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Bill Gates-Backed GinkgoLast week, Allonnia launched with $40 million in funding to engineer and commercialize microbes to eliminate pollutants in wastewater and soil.
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6 ways the pandemic hasMany Americans are reducing their overall spending, and also shopping more consciously to support local and minority owned businesses.
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Alphabet's high-flying Loon subsidiary is laying claim to a new flight duration record for its internet-beaming stratospheric balloons.
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