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Business News

Location American Business News for 28 October 2020
How much is China's trade war really costing Australia? Fresh analysis shows disrupted exports could be worth up to $19bn a year, but many effects won't be seen until the pandemic ends China's widening trade actions against Australia have disrupted exports worth up to $19bn a...
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Boeing warns of 30,000 job cuts after another quarter of heavy losses US 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 ...
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The planemaker is extending previously announced cuts as it faces slumping demand in the pandemic.
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ScourgeBringer is a roguelike platformer that is out now for Switch, Xbox One, and PC. It's developer measure its budget with time.
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Google researchers propose Transporter Networks, AI models that learn from few examples to complete robot grasping tasks.
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Property data and analytics firm CoreLogic has received multiple takeover bids at north of $80 a share.
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The $750 Million Pre-Halloween Bitcoin Options Expiry Has Started to Spook Traders Even 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 m...
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10 Key Steps That Will Help You Make Less Biased Decisions Biases can sometimes be minor, but other times they can really have a negative influence on your business and how it's run.
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Tapestry Gives Interim CEO the Job on a Permanent Basis

Retail Touch Points - 28 Oct 2020 17:19
Tapestry Gives Interim CEO the Job on a Permanent Basis Luxury accessories and lifestyle brand Tapestry has appointed Joanne Crevoiserat as CEO, effective immediately. Since July, Crevoiserat has been serving as interim CEO of the company, which has a portfolio of brands incl...
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Tilt Five has raised $7.5 million in funding to build its augmented reality glasses so that fans can play tabletop board games in AR.
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EA has teamed up with Learfield IMG College to launch Level Next, a college esports league with as many as 250 schools playing Madden.
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Tariffs Didn't Fuel Revival for American Steel

Wall Street Journal - 28 Oct 2020 11:30
Tariffs Didn't Fuel Revival for American Steel President 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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AMD is launching the Radeon RX 6900 XT, 6800 XT, and 6800 to compete against the best Nvidia has to offer. Competition is back.
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Ant Speeds Ahead with Record IPO After Investor Orders Pour In

Wall Street Journal - 28 Oct 2020 15:02
Ant Speeds Ahead with Record IPO After Investor Orders Pour In The 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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Cheese Makers Reel as Pandemic Sows Market Chaos

Wall Street Journal - 28 Oct 2020 11:30
Cheese Makers Reel as Pandemic Sows Market Chaos The 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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The President is planning on big-footing an early voting site in Florida on Thursday, holding a rally at the same...
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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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According to Consumer Reports, Tesla's Autopilot system placed a "distant second" to industry leader General Motors GM, scoring 57 out of 100 points, compared with 69 for the Detroit auto maker who brought us the Hummer.
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Will The Economy Surprise To The Upside?

Forbes - 28 Oct 2020 19:16
Will The Economy Surprise To The Upside? Despite the pandemic, the election, and other risks, Commonwealth CIO Brad McMillan says we may be closer to a full economic recovery than many expect.
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How A British Graphic Novel Publisher Is Leading The Battle Against Fake News In The U.S. Election Erly Stage's Real Fake highlights the dangers of disinformation in the run-up to next week's Presidential election
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Bravely Default II release delayed to February 26

Venture Beat - 28 Oct 2020 16:14
Nintendo revealed that the Square Enix role-playing game Bravely Default II is coming to Switch on February 26.
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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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