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Business News

Location American Business News for 4 December 2020

A New Way to Invest for the Vengeful and the High-Minded

The New York Times - 4 Dec 2020 22:07
A New Way to Invest for the Vengeful and the High-Minded 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.
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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.
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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.
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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.
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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.
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Invest Like a Pro (Athlete)? It Could Be Profitable, and Risky 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.
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DoorDash plans to raise $3.13 billion in its high-profile stock market debut, giving it a valuation of $30 billion DoorDash's IPO is scheduled for December 8 and its trading debut on the NYSE follows the next day under the ticker symbol "DASH."
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Act now if you've worked remotely from another state in 2020--or else.
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Unreal Engine 4.26 introduces Hair and Fur. The new feature will make it easier to create realistic hair, fur, and even feathers.
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SEC fines Cheesecake Factory for hiding COVID-fueled cash burn 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...
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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...
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Ripple CTO says community could force the company to burn 48 billion XRP Ripple could be forced to burn its entire XRP holdings if the community votes for it, the company's CTO David Schwartz has confirmed.
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7 words to avoid using in emails if you want to sound confident at work Certain words and phrases can weaken your message and make you sound unsure of yourself when communicating with clients or coworkers.
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Here are seven major companies whose stocks moved on the week's news.
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Call of Duty hit new records in the past year as net bookings crossed $3 billion, according to Activision Blizzard.
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Small Business Owners, In The Age Of Covid, You Need To Reimagine Your Business Model. Insights For 2021. If you are a small business, or someone who is helping a small business survive, you may need to reimagine your business model.
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In a newly published study, Harvard researchers found evidence of bias in ranking algorithms on hiring platforms.
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Biden Has No Plans For Nationwide Shutdown, Covid-19 Advisory Board Member Says Schools should remain open unless there is an outbreak.
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New game studio Core Loop has raised $2.4 million to develop a new cross-platform massively multiplayer online game.
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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.
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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.
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Trump Pentagon Nominee Boosted Calls For Martial Law This Week The President's nominee for a top Pentagon job boosted calls for martial law on Wednesday. And that's just one piece...
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