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Business News

Location American Business News for 27 November 2020
Turing Test At 70: Still Relevant For AI (Artificial Intelligence)? Probably so, but as AI gets more sophisticated, there will probably need to be a new approach.
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Job Growth May Have Hit A Wall

Forbes - 27 Nov 2020 21:45
Job Growth May Have Hit A Wall With job claims increasing over the past two weeks and Covid-19 numbers spiking, the November jobs report could seriously disappoint.
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Florida's Approval of $15 Minimum Wage Sets Up Battle in Other States Advocates are hoping to pass similar measures in other states, but still-elevated unemployment and lower costs of living in rural areas remain challenges.
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Is OPEC At The Mercy Of Oil Markets?

Forbes - 27 Nov 2020 22:44
Is OPEC At The Mercy Of Oil Markets? By letting market reactions dictate its oil policy, OPEC is ceding its power to set market trends to the sentiments of traders.
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Stack Funds hails Bitcoin's 'healthy correction' predicts 'euphoria' ahead Bitcoin could surge towards $100,000 next year following yesterday's "healthy pullback", with market psychology currently in the "belief" stage says Stack Funds.
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Renowned Finance Youtuber Andrei Jikh Invests Over $100K Into Cryptocurrencies The popular Youtuber Andrei Jikh published a video this week to his 978,000 Youtube subscribers explaining that he invested over $100,000 into crypto assets. Jikh details why he spent the funds on digital assets and he p...
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Judge in Venezuela Convicts 6 U.S. Oil Executives of Corruption The so-called Citgo 6, who had been lured to Venezuela three years ago for a business meeting, were immediately sentenced to prison.
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Trump said he will 'certainly' leave the White House if the Electoral College elects Joe Biden Trump continued to refuse to concede to Biden, citing conspiracy theories about the election related to voter fraud and mail-in voting.
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Robots And AI Can 10X Productivity. Here's Why That Might Be Good For Workers "Robots are really actually not good at all about fixing their problems," Elazary says.
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I Don't Want to Be the Office Grandma

The New York Times - 27 Nov 2020 20:59
I Don't Want to Be the Office Grandma Advice for getting back into the work force at 60, dealing with shame and co-workers, and how to cope with losing all motivation for working from home.
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Oil Prices Seen Remaining Subdued Into 2021

Wall Street Journal - 27 Nov 2020 19:48
Covid-19 vaccines could bolster both the global economy and demand for oil in 2021, but elevated levels of coronavirus cases could have a negative effect, with fresh restrictions on travel and business.
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AI Weekly: The state of machine learning in 2020

Venture Beat - 27 Nov 2020 19:09
Artificial intelligence is generating revenue for businesses, but there's a big opportunity to address risks associated with deploying AI.
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The Resurrection of the Office Phone Call

Wall Street Journal - 27 Nov 2020 19:00
The Resurrection of the Office Phone Call The Covid pandemic has brought back an old mode of communication that millennial workers used to shun. It's a happy medium between Zoom calls and instant messages.
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Tesla's Made In China Model 3 Arrives In Europe Europe gets its first batch of 7,000 Model 3 Tesla sedans.
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China Economy Revving Up As Western World Prepares For Crises China's economy revving up as G7 nations gear up for 'dark winter'.
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Black Friday Is Big in Taiwan, but Why?

Wall Street Journal - 27 Nov 2020 17:52
As Americans forgo hitting the stores at dawn on Black Friday, they can at least live vicariously through Taiwan.
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CARES Act Continuation without Steve Mnuchin - An Open Letter To Fed Chairman Powell Treasury Secretary Mnuchin's withdrawing from the CARES Act programs affords Fed Chairman Powell an opportunity to get these programs right. With Covid rates again spiking, small businesses again failing, and sub-federal...
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Women Do Talk Money, With Their Text Group

Wall Street Journal - 27 Nov 2020 17:00
The continuing economic stress and stock-market volatility stemming from the pandemic has moved women to join group chats to talk about emergency funds, investing and financial goals.
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The best Black Friday laptop deals: Deals on Apple, Dell, HP, and more Black Friday 2020 is one of the best times to buy a new laptop. Here are the best deals from Apple, Dell, and more.
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This 8% Dividend Is On Sale Until January

Forbes - 27 Nov 2020 16:50
This 8% Dividend Is On Sale Until January Something shocking just happened: Treasury Secretary Steven Mnuchin cut off a $454-billion program the Federal Reserve uses to keep the bond market running.
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The 5 Most Iconic Moments Of Diego Maradona's Career The Argentinian soccer legend, who died this week, will be remembered as an icon of the sport. Here are five of his most iconic moments.
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As Winter Arrives, Heaters Become a Survival Tool for Businesses A rise in demand for heating equipment has left some products back-ordered for months, possibly jeopardizing prospects for some businesses of getting through the pandemic intact.
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