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Business News

Location American Business News for 23 December 2020
'Soul' Writer Mike Jones Talks Art, Animation And The Meaning Of Life Mike Jones delves deep into Pixar's 'Soul.'
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Moon Active announced today the acquisition of the mobile games company Melsoft. Terms of the deal were not disclosed
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Alex Rodriguez, the baseball superstar-turned-developer, said the Miami market is "a rocket ship" since Covid started.
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Meet post-pandemic Gen Z, the most unemployed generation which is now in danger of repeating millennials' struggles While the pandemic has been hard on Gen Z mentally and financially, 2020 has pushed TikTokers to the forefront of political and social activism.
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CME Group Stock Has 15% Upside

Forbes - 23 Dec 2020 16:00
CME Group Stock Has 15% Upside We believe that CME Group's stock has a 15% upside to its pre-crisis peak in the near term. CME trades at $182 currently and it has gained 9% in value so far this year. It traded at a pre-Covid high of $208 in February a...
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Covid-19 Aid Package in Limbo After Trump's Surprise Demand

Wall Street Journal - 23 Dec 2020 18:56
Covid-19 Aid Package in Limbo After Trump's Surprise Demand Mr. Trump's sudden turn on the coronavirus relief package surprised lawmakers, many of whom had already left Washington after Congress overwhelmingly approved the bill.
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The move signals that the fintech giant is dialing back risk in its lending business following pressure from Chinese regulators.
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Three Reasons 2021 Could Be (a Lot) Better Than You Think

Wall Street Journal - 23 Dec 2020 16:15
Three Reasons 2021 Could Be (a Lot) Better Than You Think It all comes down to the unique character of the pandemic-induced recession and the policy response.
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The most likely to arrive in the very near future is the Hummer EV and Electric Ford F-150. But towing capacity and range are critical for these vehicles.
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How to set up a GoFundMe campaign and raise money for a cause of your choice You can set up a GoFundMe campaign in less than an hour, but account verification will take a couple of days.
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What You Need to Know About the Covid Drugs That Could Help Many Here's information about who these therapies can help, how much they cost and how to find out if you can get them where you live.
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These See Through The Dip Stocks Should Continue To Outperform The S&P 500 Focus on these industry leaders positioned to gain market share from the firms that are forced to fold.
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US workers file 803K jobless claims as COVID-19 pressures labor market American workers filed 803,000 applications for jobless benefits last week, an unexpected decrease as the coronavirus kept the labor market under pressure, the feds said Wednesday. The latest batch of initial jobless cla...
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Crypto Exchange Bitgrail Founder Accused by Italian Police of Faking Hacks That Led to Company's Bankruptcy Italian police accused a man who ran a cryptocurrency exchange of being responsible for a series of hacks that caused millions in losses as part of an alleged massive fraud scheme. Italian Authorities Accuse Bitgrail Own...
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New Trump rule could cost waiters more than $700 million in lost wages, allowing employers to take more of their tips to pay other workers The new rule, supported by the restaurant industry, could cost tipped employees more than $700 million in lost wages, according to one analysis.
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Air Pollution Cost India $36.8 Billion In 2019 In 2019, deaths and disability caused due to air pollution cost India a GDP loss of 1.36% valued at $36.8 billion. This is the key takeaway from a recent study published in the peer-review scientific journal The Lancet.
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IRS Updates Standard Mileage Rates for 2021

Small Business Trends - 23 Dec 2020 00:55
IRS Updates Standard Mileage Rates for 2021 The IRS just updated the standard mileage rates for 2021. The big change from last year to this year is a drop of 1.5 cents in the per mile rate.
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Kenshoo is acquiring Signals Analytics to create an advanced marketing automation platform fueled by AI technologies.
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Amazon Workers Near Vote on Joining Union at Alabama Warehouse The election, expected early next year, will be one of the few times that employees of the e-commerce giant have had an opportunity to decide whether to join a union.
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Year-End Outlook For The Energy Markets

Forbes - 23 Dec 2020 22:39
Year-End Outlook For The Energy Markets From the March low below $10 crude oil has had quite a rally but is still lower for the year. The main question now is where will crude go in 2021? The Viper Report's Tom Aspray takes a technical look at crude oil and th...
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The Garden State Plants East Coast Adult-Use Cannabis The northeast will soon become a hub for cannabis and New Jersey will be viewed as having seeded the industry in the region.
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Consumers Could Use Some Help This Winter

Wall Street Journal - 23 Dec 2020 20:18
Weak consumer spending data is the latest indication that the economy faces a challenging period, which could be made worse if stimulus doesn't arrive.
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