Business News
A New Way to Invest for the Vengeful and the High-Minded
The New York Times - 4 Dec 2020 22:07
Big investment managers are buying up companies that help with so-called direct indexing, which offers clients a way to boot individual companies from their portfolios. It has tax benefits, too.
Pfizer Scaled Back 2020 COVID-19 Vaccine Production Targets From 100 Million to 50 Million Doses
Time - 4 Dec 2020 05:33
A Pfizer spokeswoman said that multiple factors slowed the company down, including the time it took to source large quantities of the raw materials needed.
Beware the Covid cliff: Here are the CARES Act benefits coming to an end this year
CNBC - 4 Dec 2020 15:00
Several relief measures are set to expire at the end of the year, including a ban on evictions, unemployment benefits and the pause in student loan payments.
Metals Stocks: Gold prices lose altitude after November jobs report, but head for weekly gain
Market Watch - 4 Dec 2020 16:18
Gold prices pared slight gains on Friday as a November report on job creation in the U.S. came in cooler than expected, marking a low for employment growth since the start of the COVID-19 recovery in May.
: Online poker companies continue to make more money than ever during the pandemic
Market Watch - 4 Dec 2020 16:07
New Jersey hit a monthly record of $93.5 million in October revenue from online poker and online casinos, up 106.7% from October 2019.
Invest Like a Pro (Athlete)? It Could Be Profitable, and Risky
The New York Times - 4 Dec 2020 16:00
With interest in private investments on the rise, getting into deals can take more than money. The cachet of pro athletes is one group's way of differentiating itself.
DoorDash plans to raise $3.13 billion in its high-profile stock market debut, giving it a valuation of $30 billion
Business Insider - 4 Dec 2020 15:53For Remote Workers, Time Is Running Out to Fix State-Tax Messes
Wall Street Journal - 4 Dec 2020 12:30
Act now if you've worked remotely from another state in 2020--or else.
Unreal Engine's new update makes it easier to create realistic hair and fur
Venture Beat - 4 Dec 2020 00:08
Unreal Engine 4.26 introduces Hair and Fur. The new feature will make it easier to create realistic hair, fur, and even feathers.
SEC fines Cheesecake Factory for hiding COVID-fueled cash burn
New York Post - 4 Dec 2020 20:48
The feds served The Cheesecake Factory a $125,000 fine for allegedly hiding how much cash it was hemorrhaging early in the coronavirus crisis. The restaurant chain agreed to fork over the payment in a Friday settlement w...
NewsWatch: The 245,000 new jobs added last month is smallest since U.S. recovery began in May
Market Watch - 4 Dec 2020 16:00
The economy regained 245,000 jobs in November and the unemployment rate declined again, the government said Friday, but hiring also fell to a seven-month low and a record rise in coronavirus cases is making it harder for...
Ripple CTO says community could force the company to burn 48 billion XRP
Coin Telegraph - 4 Dec 2020 04:53
Ripple could be forced to burn its entire XRP holdings if the community votes for it, the company's CTO David Schwartz has confirmed.
7 words to avoid using in emails if you want to sound confident at work
Business Insider - 4 Dec 2020 16:05Chevron, General Motors, Zoom, AT&T: Stocks That Defined the Week
Wall Street Journal - 4 Dec 2020 23:53
Here are seven major companies whose stocks moved on the week's news.
Call of Duty hits $3 billion in bookings in 2020, Warzone with Cold War moved to December 16
Venture Beat - 4 Dec 2020 23:23
Call of Duty hit new records in the past year as net bookings crossed $3 billion, according to Activision Blizzard.
Small Business Owners, In The Age Of Covid, You Need To Reimagine Your Business Model. Insights For 2021.
Forbes - 4 Dec 2020 22:55Researchers find that even 'fair' hiring algorithms can be biased
Venture Beat - 4 Dec 2020 20:40
In a newly published study, Harvard researchers found evidence of bias in ranking algorithms on hiring platforms.
Biden Has No Plans For Nationwide Shutdown, Covid-19 Advisory Board Member Says
Forbes - 4 Dec 2020 19:47Core Loop raises $2.4 million to build cross-platform MMO with co-op gameplay
Venture Beat - 4 Dec 2020 19:30
New game studio Core Loop has raised $2.4 million to develop a new cross-platform massively multiplayer online game.
Marzol, deputy to FHFA director, plans to retire
American Banker - 4 Dec 2020 18:20
Adolfo Marzol came to the agency after a stint at HUD and a 30-year career in the mortgage industry. He will depart on Dec. 18.
Webster Financial to trim branch network by 17%
American Banker - 4 Dec 2020 18:01
The Waterbury, Conn., parent company of Webster Bank joins a fast-expanding list of banks reducing the size of their branch networks to save money and focus on digital capabilities.
Trump Pentagon Nominee Boosted Calls For Martial Law This Week
TPM - 4 Dec 2020 16:58
The President's nominee for a top Pentagon job boosted calls for martial law on Wednesday. And that's just one piece...