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Business News

Location American Business News for 1 February 2021

H&R Block Stock Could Jump 30%

Forbes - 1 Feb 2021 13:00
H&R Block Stock Could Jump 30% Despite an almost 50% rise from its low in March, at the current price of $17.50 per share, we believe H&R Block stock (NYSE: HRB) has significant upside potential. HRB stock has risen from $12 to over $17 off the recent...
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The retail trading frenzy - fanned by Elon Musk - appeared to broaden out on Monday, with digital tokens XRP and Dogecoin jumping.
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Here's What Could Spark The Next 10% Market Correction, Bank Of America Warns Companies are no longer being rewarded by investors for blowout earnings-and that could spell trouble for stocks down the line.
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GameStop And Reddit's Organized Trading Could Spark A Stock Market Bloodbath GameStop could be just the beginning. Reddit traders are plotting new "attacks" on the stock market. Meanwhile, hedge funds are throwing in the towel.
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Huntington's whirlwind courtship of TCF

American Banker - 1 Feb 2021 20:55
Stephen Steinour, the head of Huntington Bancshares, approached TCF Financial about a merger three days after the latter's CEO abruptly retired. An agreement was sealed in about six weeks.
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Exxon, Chevron Tie-up Not as Crazy as It Sounds

Wall Street Journal - 1 Feb 2021 20:27
Today's tech stock exuberance is a flashback to the 1990s. Now oil investors are experiencing their own déj vu.
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2 Top Stocks I'd Buy In February And Hold Until 2025 Here are two top-quality shares I think are worth close attention today. Come take a look.
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Is A Silver Squeeze Ahead? Here Are The Charts To Watch There are rumblings of a potential "silver squeeze" ahead as Reddit traders attempt to replicate last week's GameStop short-squeeze in the silver market. Here are the key charts to keep an eye on.
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When A Stint In A Family Business Didn't Work Out, He Turned Around And Started A Million-Dollar Online Store Bryce and Joy Monkivitch, a brother and sister team, are part of a trend that keeps on growing and is becoming increasingly global--the growth of million-dollar, one-and two-person businesses.
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85% Dogecoin rally shows Wall Street Bets aren't done with DOGE yet Dogecoin rallied by more than 85%, suggesting Wall Street Bet's crypto wing may have decided that they weren't done with DOGE yet.
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Would NBCUniversal And WarnerMedia Be Better Off Together? Comcast and AT&T should merge their NBCUniversal and WarnerMedia divisions and create one of the largest producers of television and movies, according to a report from media research firm LightShed Management Partners.
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The US and China are running different playbooks. The US playbook has corporate partnerships, strategic initiatives, and M&A. China, meanwhile, is running a strategic and highly coordinated playbook that includes the dir...
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XRP Plunged More Than 50% After Its Latest Pump XRP climbed more than 100% over the weekend, but lost more than 50% of its value today. Where will the digital token go next?
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Weights and Biases raises $45 million to advance MLOps governance and help improve overall AI explainability.
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Robinhood scales down list of restricted stocks from 50 to 8, but users can still buy only 1 one share of GameStop If a user already holds a higher number of shares or contracts than the mentioned limits, their positions will not be sold or closed.
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660 Fifth Ave. sheds Satanic address, to reopen next year The office tower formerly known as 666 Fifth Ave. is putting Satan -- and decades of ruinous mismanagement -- behind it. Having shed the devilish address for unthreatening 660 Fifth, Brookfield Properties' 1.5 million sq...
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Companies Will Be Hiring: How To Embrace Your Ambition And Grow Your Career Employers are hiring, but you'll have competition to get that promotion or new job. Embrace your ambition--with caution--to achieve more.
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Facebook to Counter Apple Privacy Update With Its Own Prompt

Wall Street Journal - 1 Feb 2021 18:17
Facebook to Counter Apple Privacy Update With Its Own Prompt The social-media company plans to show users a screen describing the handling of their data to personalize ads.
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Daily Cartoon: Monday, February 1st

The New Yorker - 1 Feb 2021 16:41
Daily Cartoon: Monday, February 1st "Since you didn't succeed in blowing up Parliament, we're going to let you off with a stern warning."
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Lyft's New Creative Lead Joins at 'Incredible' Brand Moment Through her creative journey, Karin Onsager-Birch has touched a wide range of brands, including several automakers. A stint at Goodby Silverstein & Partners had a healthy dose of automotive work for brands like Chevy, GM...
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Verizon Bringing Major Fortnite Activation to Super Bowl Verizon will run an ad in this year's Super Bowl, marking its fourth Big Game appearance in a row, in addition to various 5G-powered activations on the ground in Tampa Bay. The carrier is not releasing any details on the...
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Bordo Helps Small Businesses Promote Across Social Media for Free The cost of social media promotion is getting more expensive. That is why Bordo's launch of its new, free social media platform for small business is welcomed.
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