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Business News

Location American Business News for 22 December 2020
Dow Jones Today: Stocks Erase Losses, Coronavirus Variant Vaccine Possible; Apple Thinking Of Apple Car The biggest fear among investors and traders is whether the coronavirus variant is going to be more deadly than the current coronavirus
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IAC to Spin Off Vimeo

Wall Street Journal - 22 Dec 2020 17:50
IAC to Spin Off Vimeo IAC/InterActive Corp. said it would spin off online video platform Vimeo as an independent publicly traded company, sending shares of IAC up more than 14% in morning trading.
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48 incredible ways designers responded to COVID-19

Fast Company - 22 Dec 2020 09:00
48 incredible ways designers responded to COVID-19 We’re not nearly out of the woods yet, but the devastation of 2020 brought out the best in designers along the way. COVID-19 has devastated the U.S., and the loss of lives won’t stop until hundreds of millions of peo...
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Passenger Who Died on United Flight Had Covid-19, Coroner Says

Wall Street Journal - 22 Dec 2020 22:52
Passenger Who Died on United Flight Had Covid-19, Coroner Says A passenger who died on a United Airlines flight last week had Covid-19, according to a coroner's report.
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Antarctica Records First Covid-19 Cases With Outbreak On Chilean Base There have been strict measures imposed on the continent because of the potential impacts of a Covid-19 outbreak.
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SEC Charges Ripple With Selling $1.3 Billion In Unregistered Securities, XRP Loses $2 Billion In Market Value The price of Ripple's XRP, the world's third-largest cryptocurrency, has tumbled more than 10% in the past 24 hours.
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Bitcoin's limited supply doesn't really matter to one markets commentator Dennis Gartman is still not convinced that Bitcoin won't go to zero.
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4G vs. 5G: The key differences between the cellular network generations The key difference between 4G and 5G is speed - 5G is expected to be much faster than 4G while offering lower latency and better bandwidth.
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The $600 direct payments could start going out in a week, and most checks could be distributed by mid-January.
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5 Reasons Student Loan Relief May Have Been Left Out Of The Stimulus Help with your student loans? You won't find it in the new stimulus package.
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How Amazon Wins: By Steamrolling Rivals and Partners

Wall Street Journal - 22 Dec 2020 17:26
How Amazon Wins: By Steamrolling Rivals and Partners CEO Jeff Bezos still runs the e-commerce giant with the drive of a startup trying to survive. That strand of its corporate DNA is becoming a liability, as its tactics to dominate nearly every market--furniture, diapers, ...
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Facebook and Google agreed to help each other out if they came under antitrust scrutiny, lawsuit alleges The Wall Street Journal obtained an unredacted draft of a lawsuit filed against Google by a coalition of state attorneys general.
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5 behavioral science hacks to convince the unwilling to get vaccinated With more than one-third of Americans saying they’re unlikely to take the COVID-19 vaccine shots, these behavioral scientists lay out some creative and proven ways to change minds. Last week, 37% of Americans polled sa...
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SEC set to sue Ripple with XRP in the crosshairs

Coin Telegraph - 22 Dec 2020 06:45
SEC set to sue Ripple with XRP in the crosshairs Despite the company's protestations, it appears the SEC is the latest in a long line of plaintiffs.
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Indian crypto exchange CoinDCX raises $14M in its third round in 2020 Including the millions it collected in previous rounds, the company has raised approximately $19.4M.
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Fatal Landslide in Brazil Pushes Iron Ore Toward Record

Wall Street Journal - 22 Dec 2020 04:57
Iron-ore prices are surging toward a high as a landslide at a Brazilian iron-ore mine intensifies concerns about supply and Chinese demand runs hot.
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Shorter May Be Better. The Micro-Ad Works On Smartphones. 6-second mobile video ads now as effective as longer onesVideo adverts are now having a much bigger impact on the purchasing funnel than they have ever had before, according to new research from MAGNA, IPG Media Lab and ...
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Google Denies Antitrust Claims in Early Response to U.S. Lawsuit The company said that people use its services because they choose to, not because they lack alternatives.
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A new brain surgery cured a man of his 18-year opioid addiction - and it could help solve the opioid epidemic Doctors are hoping deep brain stimulation can one day save some of the 128 Americans lost every day in the opioid epidemic.
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How To Social Distance From 3 Worn Out Investment Concepts The investment industry has a way of taking a good idea, and over-simplifying it to make a sale. Concepts like "Asset Allocation," "diversification" and "long-term investing" are the mantras of many investors and their f...
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I'm a doctor who tried to plan an extremely safe Thanksgiving for 3 people. My son got COVID-19 anyway - it wasn't worth the scare it put us through. A Boston physician describes what she got wrong about her family's small, masked gathering and why she would never chance it again.
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Justice Department Says Walmart 'Helped Fuel' Opioid Crisis In Lawsuit The mega-retailer preemptively sued the Department of Justice in October.
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