Google Alert - Business

	Business Daily update ⋅ May 17, 2020
	NEWS
	Wall Street Journal For Airlines Strapped by Coronavirus, the Repo Man Is the Latest Challenge Wall Street Journal Soon after Virgin Australia filed for bankruptcy last month, Phil Seymour's phone started buzzing. Three leasing companies and two banks wanted to know if he had staff in Australia. Mr. Seymour runs IBA Group Ltd., an aviation data and advisory business. Flag as irrelevant
	Bloomberg UK Speeds Vaccine Work; Brazil's New Cases Surge: Virus Update Bloomberg Britain will build a vaccine center that will open a year ahead of schedule as the prime minister warned the coronavirus may linger "for some time to come." Brazil overtook Spain to rank fourth in the world for infections. Italy is taking a "calculated risk," the ... Flag as irrelevant
	Wall Street Journal Saudi Sovereign Wealth Fund Buys Stakes in Facebook, Boeing, Cisco Systems Wall Street Journal Dubai. Crown Prince Mohammed bin Salman directed the sovereign-wealth fund to diversify Saudi Arabia's economy by investing in companies untethered to hydrocarbons. Photo: pool new/Reuters. In the coronavirus pandemic's financial fallout, Saudi ... Flag as irrelevant
	Wall Street Journal Gucci and Louis Vuitton Reopen, but Their Best Customers Are Stuck at Home Wall Street Journal When luxury boutiques near the Champs-Elysées reopened this past week, the crowds of big-spending tourists from China, the U.S. and the Middle East were gone, making way for a different kind of shopper: Parisians. Spaced apart, they lined up in front of ... Flag as irrelevant
	Motley Fool It's 1987 All Over Again for Warren Buffett and Berkshire Hathaway Motley Fool The Oracle of Omaha hasn't done much buying in 2020, despite a 35% stock-market plunge earlier this year. Warren Buffett did the same thing in similar circumstances more than three decades ago. Adam Levine-Weinberg. (TMFGemHunter). May 16, 2020 at ... Flag as irrelevant
	CNBC As JC Penney goes bankrupt, some question if it should continue to operate CNBC As J.C. Penney files for bankruptcy protection, some question if the company still has a place in American retail. "I think conceptually there is only a place for one department store in the mall," said Steve Dennis, founder of SageBerry Consulting and a former ... Flag as irrelevant
	USA TODAY JC Penney store closings coming: Retailer trying to avoid liquidation in Chapter 11 bankruptcy USA TODAY With 846 stores and 85,000 employees, J.C. Penney could be the largest symbol of what COVID-19 may mean for retailers already struggling for survival. The department store chain filed for bankruptcy Friday and is asking a federal judge to authorize the ... Flag as irrelevant
	The New York Times Feds Suspect Vast Fraud Network Is Targeting US Unemployment Systems The New York Times SEATTLE — A group of international fraudsters appears to have mounted an immense, sophisticated attack on U.S. unemployment systems, creating a network that had already siphoned millions of dollars in payments that were intended to avert an economic ... Flag as irrelevant
	Forbes FortressIQ Raises $30 Million To Shake Up RPA (Robotic Process Automation) Forbes This week FortressIQ announced a Series B funding round for $30 million. The lead investors included M12—which is Microsoft's venture fund—and Tiger Global Manager. The founder and CEO, Pankaj Chowdhry, got the inspiration for FortressIQ while he ... Flag as irrelevant
	Reuters Saudi wealth fund boosts US holdings with stakes in Citi, Boeing, Facebook Reuters DUBAI/BENGALURU (Reuters) - Saudi Arabia's sovereign wealth fund has bought minority stakes in major American companies including Boeing (BA.N), Facebook (FB.O) and Citigroup (C.N), a regulatory filing showed, giving it a portfolio of nearly $10 ... Flag as irrelevant
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