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Business News

Location American Business News for 16 December 2020
On Running Opens Technology-Driven Flagship Retail In New York City When running footwear brand On started developing its first flagship retail location the question, according to co-founder David Allemann, was: "Can we truly reinvent something here?"
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Kmart Shoppers In The US Virgin Islands Are Frustrated And Concerned Over Sparsely Stocked Shelves Kmart, the US Virgin Island's biggest employer, is showing signs of grave concern at its locations in the US territory.
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RunwayML, a startup developing a platform for AI-powered media creation tools, has raised $8.5 million in venture capital.
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Machine learning optimizers OctoML are achieving better Apple M1 chip performance than Apple's own Core ML, and promise even faster speeds.
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Tyson Fires Iowa Plant Managers For Allegedly Betting On How Many Staff Will Catch Covid More than 1,000 employees at Tyson's Waterloo, Iowa, plant ended up catching Covid-19.
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Ustwo Games made a big name for itself with Monument Valley in 2014, and now it has just launched Alba: A Wildlife Adventure, a relaxing game on Apple Arcade. Coming out during the pandemic, the escapist game takes playe...
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CNN's John Avlon: Trump Supporters 'Can't Accept The Fact He Lost' Avlon says Republicans--and even some in cable news--have "Trump derangement syndrome"
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All Cap Analysis: Net Income Understates Core Earnings In 2020 Within the NC 2000, only the Technology, Consumer Non-cyclicals, and Healthcare sectors saw a rise in Core Earnings since the end of 2019, same for the S&P 500.
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Should You Buy CVS Health Stock At $70?

Forbes - 16 Dec 2020 16:00
Should You Buy CVS Health Stock At $70? We believe that CVS Health stock is a good buying opportunity at the present time. CVS stock trades near $70 currently and it is, in fact, down 6% from its pre-Covid high of $74 in February 2020 - just before the coronav...
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10 States Sue Google Over Digital Advertising Dominance Attorneys general from 10 states sued Google on Wednesday for alleged antitrust violations related to its ad stack, popularly known as DoubleClick. Texas Attorney General Ken Paxton, who has led a lengthy investigation i...
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Binance and Coinbase suffer outages as Bitcoin's price soars Bitcoin's much-anticipated break past $20,000 caused a spike in crypto exchange traffic.
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Energy Blockchain Can Boost Smart Energy Communities Bitcoin reached new highs at the end of November 2020, and with many analysts expecting the price to continue soaring, digital currency and blockchain are back in the news.
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50 years of tax cuts for the rich failed to boost economic growth: study Cutting taxes for rich people made developed countries more unequal but failed to grow their economies over the last half-century, a new study says. The paper from the London School of Economics and King’s College Lond...
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3 Big Points From The Fed's Last Meeting In 2020 & What To Expect For 2021 The Federal Reserve held the final meeting of 2020 and made it very clear that easy money is here to stay for the foreseeable future. Here are three big points
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Backpropagation has led to impressive gains in AI and machine learning. But it has limitations researchers are attempting to move beyond.
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The renaissance and evolution of indie games

Venture Beat - 16 Dec 2020 19:47
Better game engines are helping the makers of independent games compete with triple-A publishers and studios.
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We are both open to moving just about anywhere warm and near water, but would like it to be walkable, inclusive and have an airport.
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The world's most well-known cryptocurrency traded at a fresh all-time above $20,000 on Wednesday, nearly three years after the asset collapsed as it attempted to breach a similar price.
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Researchers at Google, OpenAI, and others show that large language models including GPT-2 can reveal sensitive information.
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Should You Borrow to the Hilt and Put It All Into Stocks?

Wall Street Journal - 16 Dec 2020 18:07
One notable investor shows how getting everything right can deliver fat returns but still come with a hefty drawback, writes James Mackintosh.
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Zoomin, a "knowledge orchestration" platform that helps extract answers from enterprise documentation, revealed it has raised $21 million.
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Tilray surges 29% after $4 billion merger with Aphria creates the world's biggest cannabis company Aphria investors will receive 0.8381 shares of Tilray for each Aphria share they hold, representing a 23% premium to Tilray's Tuesday closing price.
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