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Business News

Location American Business News for 6 December 2020
Nordstrom Tries New Ideas And Becomes A Shining Star Of The Holiday Season Nordstrom has found that the combination of its legacy and traditions, along with new ideas and an expanded internet presence, will leave it well prepared for 2021.
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6 Ways To Manage Business Growth

Forbes - 6 Dec 2020 15:00
6 Ways To Manage Business Growth With growth comes growing pains. Make sure not just you, but your employees, are ready to roll with the punches.
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If we know our models learn bias from data, perhaps de-biasing data is the best approach to solving the problem.
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The stock market is undergoing a 'rare reversal' that's historically signaled double-digit returns to come, says one Wall Street chief strategist Equal-weighted indexes are just starting to catch up with market-weighted peers, making a "wonderful entry point" for investors, the strategist said.
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6 Ways To Reevaluate Your Business Plan This Month A business plan should not be set in stone--it should be a living, breathing document that helps your company achieve its goals and overcome any obstacles thrown its way.
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Sony doubled TV ad spend for PlayStation 5 launch

Venture Beat - 6 Dec 2020 16:16
Game brands in November saw a 76.65% increase in estimated outlay on TV ads at $49.7 million, led by Sony's PlayStation 5 ad blitz.
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Philanthropy is still dominated by the ultrawealthy, but asking billionaires to solve inequality is colossally stupid "We don't need the richest and most powerful people in the society to give more. We need them to take less," Anand Giridharadas told Business Insider.
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Is A Cocktail Worth $130,000?

Forbes - 6 Dec 2020 14:00
Is A Cocktail Worth $130,000? A company in the U.K. is literally bottling customer's favourite tastes, texture and smells (and the memories these conjure up) into custom-made blended cocktails. At a cost of $130,000.
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Brexit negotiations continue in Brussels, as the UK and EU try to overcome 'significant' issues that are preventing a deal being struck Leaders from the UK and EU agreed on Saturday to continue Brexit negotiations in Brussels, but highlighted key areas of disagreement.
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South Korean 5G performance became so robust in 2020 that the transformative technology now looks poised for major global gains in 2021.
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3 key metrics to watch as Bitcoin price tries to top $20,000 Afraid Bitcoin price might crash? These three key metrics help traders spot bullish and bearish sentiment in the crypto market.
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Inside the tragic last months of ex-Zappos CEO Tony Hsieh's life Tony Hsieh, the legendary entrepreneur and former CEO of Zappos, died November 27 following injuries he sustained in a house fire more than a week prior.
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Trading Exchange Okex's Crypto Reserves Nosedived After Withdrawals Opened Just recently, after the exchange paused cryptocurrency withdrawals, the trading platform Okex finally enabled digital currency withdrawals last Wednesday. Since then, the exchange seems to be experiencing an exodus of f...
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Millennial workers have been hardest hit by pandemic pay cuts Millennials fared the worst in terms of pandemic pay cuts, a Magnify Money study found. But more than half have already seen their pay restored.
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The US and China are breaking up. The only question now is how ugly it will get. "Decoupling" isn't coming; it's already here. And how the US chooses to face it will make or break our nation.
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Stocks have won big this year, not primarily because earnings went up but because the cost of money went down almost to zero. A repeat in the next decade is almost inconceivable, which means future returns are likely to ...
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Coinbase announced Saturday its plans to support an airdrop that has been seen as a factor in boosting XRP's price in recent weeks.
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Could A Stimulus Bill End The Stock Market Rally? As more signs emerge that the economy is weakening most of the major averages, even the NYSE Composite, made a new high last week. Some technical measures are approaching high-risk levels and Tom Aspray wonders how stock...
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Georgia's Republican lieutenant governor confirms Biden won his state as Trump sows misinformation about the race: 'This election was fair' Georgia Lt. Gov. Geoff Duncan, a Republican, on Sunday confirmed President-elect Biden won his state as President Trump tries to spread doubt.
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Trump And McConnell Will 'Come On Board' With $908 Billion Stimulus Plan, Sen. Cassidy Says The bipartisan framework already has the support of top Democrats who say it's a good place to start.
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Should Investors Buy a Stock After a Split?

Wall Street Journal - 6 Dec 2020 21:00
Buying a stock that has just split generally pays off. But in some years it's a losing move.
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Stocks Laugh at Economic Uncertainty, for Now

Wall Street Journal - 6 Dec 2020 20:00
Three professors' index of economic uncertainty is flashing that the economy and the stock market are out of sync. Is it a Roaring '20s scenario?
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