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Business News

Location American Business News for 20 December 2020
Oracle billionaire Larry Ellison has moved to Lanai, the Hawaiian island he's spent half a billion dollars developing. Here's how Ellison bought 98% of the island and turned it into a sustainability experiment. Oracle billionaire Larry Ellison bought 98% of the island of Lanai in 2012 for an estimated $300 million.
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Billionaire Ray Dalio's Son Dies In Connecticut Car Crash Dalio said that he and his family are "mourning" and "processing" the tragic loss.
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Second stimulus check updates: Late-night deal on Fed powers clears way for vote on COVID-19 relief bill Congressional aides confirmed the agreement late Saturday, which clears the way for an expected deal Sunday on the aid bill.
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Stocks This Week: Buy Qualcomm And Paychex

Forbes - 20 Dec 2020 19:00
Stocks This Week: Buy Qualcomm And Paychex This is post-OPEX week and the week before Christmas, both of which have a bullish bias.
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The company that designed this luxury $290,000 Mercedes-Benz Sprinter camper van has a 9-month waitlist - see inside the Elevate Outside Van saw a boost in popularity during the coronavirus pandemic, and the company says a famous actor just purchased one.
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Climate Change Poses A Clear And Present 'Systemic Risk' To The Economy "There's evidence that climate risks are currently not well understood and are underpriced, particularly with respect to long dated assets--utilities, commercial mortgage backed securities, potentially municipal bonds, a...
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If you saw The Game Awards, then you known Call of Duty and Dead Space veterans are creating The Callisto Protocol, a new survival horror game coming in 2022. Striking Distance Studios has quickly built a team of 150 dev...
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Tax justice for crypto users: The immediate and compelling need for an amnesty program A crypto tax amnesty program could be the fairest way for achieving tax compliance and collection on crypto transactions.
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CDC Committee Recommends Essential Workers, Elderly Should Get Coronavirus Vaccine Next Teachers, grocery store workers and police officers should be prioritized, panelists said.
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Photos show the first batches of Moderna's coronavirus vaccine being packaged and shipped across the US The Food and Drug Administration on Friday granted an emergency use authorization for Moderna's COVID-19 vaccine.
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'It Happened On My Watch': Chris Krebs Says Russia Exploited Outdated Systems For Cyberattack Cybersecurity experts say Russia used 'utterly clandestine' and 'never-before-seen' capabilities for its U.S. hack.
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Trump promises 'wild' protests in Washington DC on the day the Electoral College will finalize election results President Trump took to Twitter on Saturday to urge his followers to rally in Washington two weeks before Inauguration Day.
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Donald Trump Should Vow To Pardon Every Coronavirus Objector What a way to leave the White House. What a legacy of freedom.
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Operation Warp Speed's General Perna Apologizes For Covid-19 Vaccine Delivery Shortfalls Governors from over 14 different states have been complaining about receiving only a fraction of the Pfizer-BioNTech Covid-19 vaccines that had been promised to them.
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Tesla Bulls Double Down as Stock Reaches New Heights

Wall Street Journal - 20 Dec 2020 12:30
The electric-car maker's shares are extending their relentless run as the company prepares to join the benchmark S&P 500 stock index.
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Will Investors Be Satisfied With 10% In 2021? Leading Wall Street strategists have made their S&P 500 forecasts for 2021 but will today's new breed of investors and traders be satisfied if they are right?
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FIS, Global Payments Held Unsuccessful Talks to Merge

Wall Street Journal - 20 Dec 2020 20:24
A merger deal could have been valued at around $70 billion, people familiar with the matter said, in a sign that a wave of consolidation is still sweeping through the payments industry.
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Short The US 10-Year Note Now

Forbes - 20 Dec 2020 19:10
Short The US 10-Year Note Now Note cycles point down, setting up a high probability short trade.
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Pay Off Student Loans Faster With With These Calculators What's the best way to pay off student loans?
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Small Businesses Are Being Starved of Credit

Wall Street Journal - 20 Dec 2020 17:00
Banks are lending less to small businesses today than they did before the financial crisis. Loans to big businesses, meanwhile, have surged.
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From The personal data revolution is creating new possibilities for guiding our development.
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This 9.6%-Yielding ETF Portfolio Is Poison

Forbes - 20 Dec 2020 16:40
This 9.6%-Yielding ETF Portfolio Is Poison I appreciate the ETF popularity. They're cheap. They're tax-efficient. But income investors who blindly buy into the hype are not getting the most dividend for their dollar.
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