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Business News

Location American Business News for 17 November 2020
Biden-Voting Counties Equal 70% Of The U.S. Economy [Infographic] As well as considerable political and geographical divides, the 2020 presidential election also revealed a stark economic chasm between American voters.
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Walmart is losing lower-income shoppers as extra unemployment benefits end and stimulus dries up Walmart's US same-store sales growth slowed in the most recent quarter as the boost from government stimulus came to an end.
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JD.com's E-Commerce Sales Surge As 100 Million New Users Sign Up, Health Business Gets Closer To Listing Winning consumer trust and loyalty is how one of China's e-commerce leaders is driving sales and increasing profitability.
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What The Covid Vaccine Means For Moderna Stock On Monday, Moderna (NASDAQ: MRNA) stock rallied by over 10% after the company said that its Covid-19 vaccine - which is based on messenger RNA technology - was 94.5% effective based on preliminary data. Investors have go...
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Bots Grade Your Kids' Schoolwork---and They're Often Wrong

Wall Street Journal - 17 Nov 2020 17:52
Bots Grade Your Kids' Schoolwork---and They're Often Wrong Auto-grading systems adopted in many districts were supposed to save time by using bots to score tests. But parents and teachers say the software leads to grading errors and requires them to double-check the bots' work.
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Fox News launched its new primetime slogan, 'Standing Up For What's Right,' soon after Trump stepped up his war with the network Fox News has put a new slogan into action, replacing 'Democracy 2020' with a defiant statement, as Trump continues to unleash fury at the network.
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Airbnb reveals financials -- A top Goldman dealmaker is leaving -- Data-sharing deal The top finance stories for November 17, including the latest news on Goldman Sachs and Airbnb.
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US Steel Stock Staring At A 45% Drop?

Forbes - 17 Nov 2020 12:30
US Steel Stock Staring At A 45% Drop? After rising almost 120% from its March lows of this year, at the current price of almost $11, US Steel Corp stock looks highly overvalued. US Steel stock rallied from $5 to $11 off its recent bottom, compared to the S&P...
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Penthouse On Manhattan's Billionaires' Row Will Be Auctioned Off The apartment is currently on the market for $40 million.
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US Banks Face a Massive Commercial Real Estate Crisis Looming on the Horizon Financial incumbents may face a harsh reality soon, as a commercial real estate crisis has threatened the profits from America’s largest banks. A number of reports show that banks with a large amount of commercial real...
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Top Republicans, including Sen. Lindsey Graham, have sought to have legally cast absentee ballots thrown out, Georgia Secretary of State Brad Raffensperger told the Washington Post on Monday.
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10 things you need at home in case you or a family member gets COVID-19 If you or your family member contracts the coronavirus, you're going to want to make sure you have hand soap, thermometers, and more on hand.       
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Mancow Muller is leaving WLS-AM morning radio. Ready instead for Mancow the mayor? Mancow, who came to Chicago's airwaves in the '90s, says morning radio has become no fun during the pandemic. From here, he might pick a new radio gig, or maybe politics?
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29 Thanksgiving Recipes From Top Hotels Around The World From the Palace Hotel's Portuguese sausage and pineapple stuffing to Indulgent Mashed Potatoes from Conrad Dublin, you don't have to go far to bring the world into your kitchen this year.
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Cameo Wants to Be Among the 'Largest Ad Makers in the World' Cameo wants to expand access to the celebrity spokesperson. They were once a fixture of local TV spots, usually featuring linemen hawking sofas, or a pitcher making the pitch for used cars. In recent years, celebrity end...
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Retailers Grapple With New Coronavirus Surge As Sales Slow Ahead Of Holiday Season Chains like Walmart, Kroger and Costco are ramping up restrictions.
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This year, none of the big prognosticators nailed that brag-worthy, March Madness-bracket-esque, rub-it-in-your-face perfect electoral map forecast. Some got damn...
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Retail Sales Optimism Takes A Dive On Worse-Than-Expected Data, Stocks Sink Walmart and Home Depot both posted better-than-expected earnings before the opening bell, but shares fell on the broader market pessimism.
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Motional has received permission from the state of Nevada to test its autonomous cars without a driver behind the wheel.
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Facebook, Twitter CEOs Brace for Another Senate Grilling

Wall Street Journal - 17 Nov 2020 15:47
Facebook, Twitter CEOs Brace for Another Senate Grilling CEOs of two big social-media platforms hope to show senators Tuesday that their companies performed better in the 2020 elections compared with 2016, but they are likely to face hostile questions anyway.
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Tim T. Mercer Releases "Bootstrapped Millionaire" with ForbesBooks
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Boy Scouts face some 90,000 sex abuse claims

CBSNews - 17 Nov 2020 14:56
Group is creating a fund to settle claims of sexual abuse and saying it's "heartbroken" and "devastated."
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