Dow Jones Industrial Average Kicks Exxon, Pfizer Out Of Blue-Chip Index
The Dow index enacted changes in response to heavily-weighted Apple’s stock split.
US, China Confirm They Held Talks On Phase 1 Trade Deal, But Stocks Unimpressed
The countries confirmed that they discussed the “significant increases in purchases of U.S. products by China as well as future actions needed."
Black Americans Still Face Obstacles In Obtaining Credit, Mortgage Loans
While some discrimination in financial services has diminished, Blacks still face barriers in access to credit, mortgages
Bitcoin Wallets With 1,000 Or More BTC Reach All-Time High
The number of Bitcoin wallets or addresses with more than 1,000 BTC has steadily increased, reflecting investor sentiment that Bitcoin can become stores of value.
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Another Hurricane Like Katrina Would Cause Up To $200 Billion In Damages
Katrina was the most expensive natural catastrophe for the global insurance industry
Major Investment Firm Dumps Exxon-Mobil, Chevron, Others For Opposing Climate Change Policies
Storebrand will block investments in companies that are not moving fast enough into renewable energy.
Did Mark Zuckerberg Really Try To Sabotage TikTok In Washington?
Reports indicate that the CEO attempted to undermine the potential competitor with politicians.
Global Dividend Payments Plunged By 22% In Second Quarter, As Companies Preserved Cash Amid Pandemic
2020 is shaping up to be the worst year for dividends since at least the great recession
Mortgage Industry Faces Unprecedented Challenges, As Turmoil Swirls Amid Pandemic
The COVID-19 pandemic has thrown the mortgage industry into turmoil
Microsoft Backs Epic Games' Lawsuit Versus Apple Over Development Tools
No less than Microsoft executive vice-president for Gaming Phil Spencer has expressed his support for Epic Games in its current legal tussle with Apple.
Legal Questions Surround Trump's Executive Orders After Stalled Stimulus Package
The money is to come from the FEMA, but the law that set up the agency restricts the way those funds can be used.
Banks And Brands Must Clean Up Their Conflict Palm Oil Problem
Consumers have rallied en masse to make their demands clear that they want Conflict Palm Oil connected to rights abuses and environmental destruction to go.
How President Trump's Executive Order Will Put An End To Pharmaceutical Breakthroughs
The order would reduce patients' access to medicines and discourage research into COVID-19 treatments and other cutting-edge therapies.
Why Are Global Stocks Surging While Underlying Economies Are Languishing?
Stock indexes in U.S., Europe, Japan have soared as economies stagnated.
How Employers Can Build More Efficient Health Plans
Most small and mid-size firms were struggling to afford health insurance before the coronavirus struck
Wells Fargo Resumes Job Cutting As Part Of Plan To Save $10 Billion In Costs
Wells Fargo is under pressure to cut costs and strip away layers of management
Target Adds Fresh And Frozen Groceries To Drive-Up Shopping
Target stores will now be offering fresh groceries as part of its popular pickup and drive up services.
Coronavirus Couldn't Keep US Housing Market From Experiencing Record Surge In July
The market faces several hurdles, like the coronavirus resurgence and high asking prices, that could impact sales going forward.
Diabetes Drug Metformin Recalled Over High Levels Of Cancer-Causing Ingredient
Bayshore Pharmaceuticals has recalled 500 mp and 750 mg doses of the diabetes drug Metformin because it may contain high-levels of a cancer-causing ingredient.
Jeff Wilke, Longtime Amazon Executive And Bezos Confidant, Announces Retirement
Wilke joined that company in 1999 and had been considered a potential successor to Jeff Bezos.
Britain’s Public Debt Surpasses £2 Trillion For First Time, Now Exceeds Annual GDP
The national debt has surged by more than 10% over the past year
This Is How Akon’s $6B Cryptocurrency City In Senegal Will Work
Everything inside the upcoming smart city would be powered by the cryptocurrency Akoin.
Bitcoin Price Will Hit $20,000 By 2021 With A $45,000 Target, Vays Suggests
The analyst had earlier said Bitcoin would stay within $10,000 for the majority of 2020.
Bitcoin Price Growth To Slow Down Because Of New Tether, Chainalysis Reveals
The recent bull run was stunted by new issuance of Tether, which reveals the continued effect of the dollar on the benchmark cryptocurrency.
Former Uber Executive Charged For Attempting To Hide 2016 Hack With Bribes
The former security chief allegedly paid off hackers to keep a 2016 data breach under wraps.
Tesla Shares Crack $2,000; EV Maker Now Boasts Market Cap Bigger Than Walmart
Shares of Tesla have jumped almost 400% this year.
More Than One-Third Of US Has Less In Emergency Savings Than Before Pandemic
Baby Boomers are in a particularly precarious position with their savings.
As Uber, Lyft Pledge Millions In California Employment Fight, Smaller Companies Look To Kick The Door In
Uber, Lyft, and several food delivery services have pledged over $110 million to fight classifying drivers as employees ahead of November elections.
DoorDash Takes Aim At Amazon With New Grocery Delivery Service
The new offering will begin at Meijer stores and roll out to new locations soon.
White House Economic Adviser Larry Kudlow Says Economic Recovery Is Strong, Despite Coronavirus
Kudlow said though the White House could agree to more stimulus spending, it won't include "everybody's wish list."
Delta Airlines To Block Middle Seat On Flights Through The Holidays To Offer More Distancing
Airline will also continue to limit the number of passengers on each flight but families will be allowed to sit in groups of three.
Here Are The 15 Cities American Airlines Will Stop Servicing In October
With federal relief mandates soon expiring and no extension in sight, the airline will soon begin rolling back its fall schedule.
Estee Lauder To Cut 2,000 Jobs, Close 15% Of Stores Amid Coronavirus-Related Sales Drop
Estee Lauder reported net sales of $14.29 billion for fiscal 2020, compared to $14.86 billion in fiscal 2019.
To Prevent Spread Of Coronavirus, Airbnb Issues Global Ban On House Parties
Airbnb said it may pursue legal action against guests that violate its global party ban.
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