Featured Articles in National Business News

More than 6 million unemployment claims were made last week, Labor Department says

Unemployment claims have spiked to 6.65 million across the country, the Department of Labor said in a press release on Thursday. Unemployment claims have doubled since last week when the Labor Department reported that about 3 million people were seeking unemployment. That figure was already by far the highest number of unemployment claims the department had ever seen. READ Read More…

Theranos founder Elizabeth Holmes to face trial separate from ex-lover

Theranos founder Elizabeth Holmes will head to trial apart from fellow C-suite exec and one-time lover, Ramesh “Sunny” Balwani, according to a report. Holmes, who served as the company’s CEO, will head to trial starting Aug. 4 with a separate jury from Balwani, who will be tried following the conclusion of Holmes’ case, Bloomberg reported. The judge did not provide any Read More…

SoftBank strategy shifts from long-term domination to short-term survival as Vision Fund prepares for global downturn

About 10 years ago, SoftBank released a slideshow presentation on the company’s 300-year plan. “Unknown virus” got one reference, on slide 69 of 133. Perhaps coronavirus will just be a blip in the company’s long-term plan for world domination. Perhaps SoftBank’s vision of investing in artificial intelligence and other dominant technology companies will pay off in the long run, Read More…

All in: National Business News

More than 6 million unemployment claims were made last week, Labor Department says

Unemployment claims have spiked to 6.65 million across the country, the Department of Labor said in a press release on Thursday. Unemployment claims have doubled since last week when the Labor Department reported that about 3 million people were seeking unemployment. That figure was already by far the highest number of unemployment claims the department had ever seen. READ Read More…

Theranos founder Elizabeth Holmes to face trial separate from ex-lover

Theranos founder Elizabeth Holmes will head to trial apart from fellow C-suite exec and one-time lover, Ramesh “Sunny” Balwani, according to a report. Holmes, who served as the company’s CEO, will head to trial starting Aug. 4 with a separate jury from Balwani, who will be tried following the conclusion of Holmes’ case, Bloomberg reported. The judge did not provide any Read More…

SoftBank strategy shifts from long-term domination to short-term survival as Vision Fund prepares for global downturn

About 10 years ago, SoftBank released a slideshow presentation on the company’s 300-year plan. “Unknown virus” got one reference, on slide 69 of 133. Perhaps coronavirus will just be a blip in the company’s long-term plan for world domination. Perhaps SoftBank’s vision of investing in artificial intelligence and other dominant technology companies will pay off in the long run, Read More…

Warren Buffett sold more than $800 million worth of Apple stock last quarter

Warren Buffett sold more than $800 million worth of Apple stock last quarter, according to SEC filings published on Friday. That might seem like a massive sale, but it’s closer to a rounding error for the billionaire investor and Berkshire Hathaway CEO. Berkshire is Apple’s biggest shareholder with a 5.4% stake worth $72 billion, according to Bloomberg data. Read More…

Kobe Bryant left huge impact on business off the court

NBA legend Kobe Bryant, 41, died in a helicopter crash on Sunday morning in Calabasas, Calif., along with his 13-year-old daughter Gianna, the Los Angeles County Sheriff’s Office confirmed. Seven other people were on board Bryant’s helicopter and were all killed in the tragic accident. Bryant’s impact on basketball is obvious: five-time NBA champion; two-time NBA Finals MVP; league Read More…

Jeffrey Epstein scandal: MIT professor put on leave, he ‘failed to inform’ college that sex offender made donations

The Massachusetts Institute of Technology said Friday that it had placed one of its tenured professors on paid administrative leave after finding that he “purposefully failed to inform MIT” that convicted sex offender Jeffrey Epstein was source of two donations in 2012 to support the professor’s research, and that the professor got a $60,000 personal gift from Epstein. Read More…

'Do Not Sell My Info': U.S. retailers rush to comply with California's new privacy law

WASHINGTON (Reuters) – U.S. retailers including Walmart Inc will add “Do Not Sell My Info” links to their websites and signage in stores starting Jan. 1, allowing California shoppers to understand for the first time what personal and other data the retailers collect, sources said. FILE PHOTO: Walmart’s logo is seen outside one of the Read More…

Les passeports les plus importants de la décennie – La montée d'une quête de la liberté

D’après le rapport 2019 publié par Passport Index, la principale plateforme mondiale de renseignements sur la mobilité, les passeports les plus importants de la décennie ne sont plus ceux que l’on trouvait jusqu’à présent, en Europe ou en Amérique du Nord, mais les moins attendus, qui ont tranquillement migré vers le haut du tableau. Le rapport 2019 Read More…

5G Benchmark Study, 2019: Focus on Sprint's 5G Network (60 MHz 5G + 60 MHz LTE @ Band 41), Using Two Samsung Galaxy S10 Smartphones and Two LG V50 Smartphones While Testing in the Chicago Metro Area

DUBLIN, Dec. 30, 2019 /PRNewswire/ — The “5G: The Greatest Show on Earth! Volume 7: (60 MHz 5G + 60 MHz LTE) @ Band 41 = ???” report has been added to ResearchAndMarkets.com’s offering. The author just completed its seventh 5G benchmark study, this time with a focus on Sprint’s 5G network, which is deployed Read More…

Global Biological Safety Testing Products & Services Market, 2026 Outlook

DUBLIN, Dec. 30, 2019 /PRNewswire/ — The “Biological Safety Testing Products & Services Market Analysis Report By Product (Reagents & Kits, Instruments, Services), By Application (Vaccines & Therapeutics, Gene Therapy, Stem Cell), By Test By Region, And Segment Forecasts, 2019 – 2026” report has been added to ResearchAndMarkets.com’s offering. The global biological safety testing products Read More…

Hundreds of Rare Coin Record Prices In 2019, Reports Professional Numismatists Guild

TEMECULA, Calif., Dec. 30, 2019 /PRNewswire/ — The emphasis in the United States rare coin market in 2019 was again on superb quality and exceptional rarity with hundreds of record prices reached at major public auctions, according to a year-end tabulation by the Professional Numismatists Guild (www.PNGdealers.org). The PNG is a nonprofit organization composed of Read More…

InventHelp Inventor Develops Cleaning Tool for Carpet Corners and Baseboards (AAT-4302)

PITTSBURGH, Dec. 30, 2019 /PRNewswire/ — While vacuum cleaners have simplified carpet cleaning, they still fall short when it comes to cleaning corners and baseboards. Fortunately, an inventor from Dallas, Ga., had designed a tool that addresses that problem. She developed a prototype for the patent pending RONAJOFI to facilitate the removal of dirt and dust Read More…

Moore Kuehn, PLLC Encourages Tiffany & Co. (TIF), TD Ameritrade (AMTD), Tech Data Corp. (TECD), and MutualFirst Financial (MFSF) Investors to Contact Firm

NEW YORK, Dec. 30, 2019 /PRNewswire/ — Moore Kuehn, PLLC, a securities law firm located on Wall Street in downtown New York City, is investigating potential claims concerning whether the following proposed mergers are fair to shareholders: Tiffany & Co. (NYSE: TIF) Tiffany & Co. has agreed to be acquired by LVMH Moet Hennessy-Louis Vuitton Read More…

Intellectual Property (IP) Asset Management – Recent Trends and Future Outlook

NEW YORK, Dec. 30, 2019 /PRNewswire/ — Increased globalization and the transition toward the knowledge economy have driven organizations to be increasingly dependent on their IP assets to generate, maintain, and extend their competitive advantage.Technological advancements are posing new challenges and opportunities for IP management. Read the full report: https://www.reportlinker.com/p05835601/?utm_source=PRN The study covers recent advancement Read More…

Aventiv Technologies Welcomes Evon Jones, Chief Information Officer

“First-to-market solutions, innovative development and acquisitions of industry-leading technology are the pillars of our success,” said Dave Abel, President of Aventiv Technologies. “Evon’s role is to transform how we align those technologies to increase customer value, reduce operational costs and concentrate on driving innovation.  However, it’s his sincerity and tenacious character that has even further Read More…

Global Miticides Industry

NEW YORK, Dec. 30, 2019 /PRNewswire/ — Miticides market worldwide is projected to grow by US$512 Million, driven by a compounded growth of 5.5%. Dry, one of the segments analyzed and sized in this study, displays the potential to grow at over 5.4%. The shifting dynamics supporting this growth makes it critical for businesses in Read More…

2-Day Financial Accounting & Reporting Conference; Led by Experts from the Big Four and Regional Firms (Boston, United States – June 11-12, 2020)

DUBLIN, Dec. 30, 2019 /PRNewswire/ — The “Financial Accounting & Reporting” conference has been added to ResearchAndMarkets.com’s offering. We are seeing an unprecedented level of major accounting changes from US and international standard-setters. This conference will address the latest developments in key areas. Experts from the Big Four and regional firms will lead the discussion. Read More…

Global Mining Lubricants Industry

NEW YORK, Dec. 30, 2019 /PRNewswire/ — Mining Lubricants market worldwide is projected to grow by US$727.4 Million, driven by a compounded growth of 4.3%. Mineral Oil Lubricants, one of the segments analyzed and sized in this study, displays the potential to grow at over 4.7%. The shifting dynamics supporting this growth makes it critical Read More…

Gracell to Present at the 38th Annual J.P. Morgan Healthcare Conference in San Francisco

SHANGHAI and SUZHOU, China, Dec. 30, 2019 /PRNewswire/ — Gracell Biotechnologies Co. Ltd., a clinical-stage immune cell therapy company, has announced it will present at leading healthcare conferences in San Francisco, California at the beginning of January 2020. Gracell will present at the 38th Annual J.P. Morgan Healthcare Conference, held between January 13-16, 2020 at The Read More…

Global Biorefineries Market Overview (Size, Structure, Key Players) with a Focus on the Disposable Hygiene Products Industry – 2019 Research Report

DUBLIN, Dec. 30, 2019 /PRNewswire/ — The “Can Biorefineries save the Global Disposable Hygiene Products Industry?” report has been added to ResearchAndMarkets.com’s offering. Disposable absorbent hygiene products (AHPs), consisting of baby diapers, femcare products (sanitary pads, panty liners, etc.) and adult incontinence (AI) products, are big business. Forecasts vary, but the combined global value of Read More…

Global Milk Industry

NEW YORK, Dec. 30, 2019 /PRNewswire/ — Milk market worldwide is projected to grow by 106.8 Million Tons, driven by a compounded growth of 1.8%. Milk, one of the segments analyzed and sized in this study, displays the potential to grow at over 1.8%. The shifting dynamics supporting this growth makes it critical for businesses Read More…

Kona Gold Solutions, Inc. Projects $1.5 Million in Revenue From Subsidiary Gold Leaf Distribution in 2020

MELBOURNE, Florida, Dec. 30, 2019 /PRNewswire/ — Kona Gold Solutions, Inc. (OTC Pink: KGKG), a hemp and CBD lifestyle brand focused on product development in the functional beverage sector, is pleased to announce it has projected revenue of $1.5 million ($1,500,000) from its Gold Leaf Distribution subsidiary in 2020.  Gold Leaf Distribution is the Company’s product Read More…

Satellite imagery company Maxar to sell Canadian unit for C$1 billion

FILE PHOTO: The Canadarm2 robotic arm, built by Canadian technology company MDA, is seen over the uncrewed SpaceX Crew Dragon spacecraft as it makes the first Commercial Crew vehicle to visit the International Space Station March 4, 2019. NASA/Handout via REUTERS/File Photo (Reuters) – U.S. satellite imagery company Maxar Technologies Inc said on Monday it Read More…

EU seeks reset in trade talks with U.S. – trade chief Hogan

FILE PHOTO: European Trade Commissioner-designate Phil Hogan of Ireland attends his hearing before the European Parliament in Brussels, Belgium September 30, 2019. REUTERS/Yves Herman/File Photo DUBLIN (Reuters) – The European Union’s new trade commissioner, Irishman Phil Hogan, was quoted on Monday as saying he would seek a reset of EU/US trade relations on a number Read More…