Google Alert - Business

	Business Daily update ⋅ August 13, 2020
	NEWS
	Wall Street Journal US Oil Refiners Accelerate Shift to Renewables in Downturn Wall Street Journal U.S. fuel makers see economic opportunity in getting greener as consumption remains depressed during the coronavirus pandemic and the prospect of more government regulations increases. Phillips 66 said it is planning to transform a San Francisco-area ... Flag as irrelevant
	CNN Administration proposes easing showerhead standards after Trump bemoans water flow CNN The proposal takes aim at the 2.5-gallon-per-minute maximum flow rate set by Congress in the 1990s. Under current federal law, each showerhead in a fixture counts toward that limit collectively -- but the Energy Department's plan would let each showerhead ... Flag as irrelevant
	Wall Street Journal Fed Officials Warn Pandemic Response Is Hobbling Economic Rebound Wall Street Journal Federal Reserve officials said a recent slowdown in U.S. economic activity was likely to persist because of difficulties states have encountered in suppressing the coronavirus pandemic, which could require more government spending to support the economy. Flag as irrelevant
	CNN Sumner Redstone, billionaire media mogul, dead at 97 CNN Los Angeles (CNN Business) Sumner Redstone, a media titan and billionaire who, as chairman of Viacom and National Amusements, drew headlines both for his deal-making as well as his turbulent personal life, died on Tuesday. He was 97. At his peak ... Flag as irrelevant
	Wall Street Journal Oil Demand Faces Bigger Coronavirus Shock Than Previously Thought Wall Street Journal The coronavirus pandemic will have an even bigger impact on the global economy and its demand for oil than previously expected, the Organization of the Petroleum Exporting Countries said Wednesday. In its monthly report, OPEC deepened its forecast of ... Flag as irrelevant
	Wall Street Journal China's Xi Speeds Up Inward Economic Shift Wall Street Journal For decades, Chinese leaders embraced foreign investments and exports to power China's economy. Now, with the world in recession and U.S.-China tensions deepening, President Xi Jinping is laying out a major initiative to accelerate China's shift toward ... Flag as irrelevant
	Forbes Does Buffett Deserve His Market Premium? Forbes Next couple of years, I'd expect Berkshire Hathaway's BRK.B +0.7% 20% premium over asset value to melt away. What could make me wrong? Outperforming the S&P 500 Index would be a starter along with recovery in operating earnings for insurance ... Flag as irrelevant
	The New York Times Britain's New Record: A Recession Worse Than in Europe and North America The New York Times Britain discovered on Wednesday that its economy had suffered a recession deeper than any other reported by a European and North American country during the coronavirus pandemic. The reasons for the severe downturn in the second quarter include a ... Flag as irrelevant
	The Edge Markets MY EMERGING MARKETS-Dollar bounce hits Asian FX, glove makers pull Malaysia stocks lower Reuters ... * Graphic: World FX rates tmsnrt.rs/2egbfVh * U.S. 10-year Treasury yields up, dollar gains * Glove makers hit Malaysian shares * China shares fall as much as 2.3% By Nikhil Nainan Aug 12 (Reuters) - Emerging Asian currencies were flat to lower against a ... Flag as irrelevant
	Wall Street Journal S&P 500 Rallies, But Closes Below a Record Wall Street Journal U.S. stocks rallied Wednesday, pushing the S&P 500 to the cusp of its first record close since before the pandemic shutdown took effect. The benchmark index rose 46.66 points, or 1.4%, to 3380.35, just shy of its last record high from Feb. 19. The index briefly ... Flag as irrelevant
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