Business News Affecting Market

  • Stress, rumors, even violence: Virus fear goes viral
    on February 21, 2020 at 8:41 am

    Even as illnesses and deaths from the new virus increase, fear is advancing like a tsunami, and not just around the Chinese city of Wuhan, the center of the outbreak that has been declared a global health emergency

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  • Cross in Jagermeister Logo Comes Under Fire
    by Arden Dier on February 21, 2020 at 12:00 am

    Jägermeister has emerged the victor in a Swiss court case in which its logo was painted as an insult to Christians. The logo, featuring a cross hovering over the head of a stag, is based on the legend of the 8th-century Christian saint Hubertus, an avid hunter, who is said...

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  • Fed Officials Saw Policy Appropriate 'For A Time' Amid Risks
    by JASON MA on February 19, 2020 at 7:17 pm

    Fed officials viewed current monetary policy as appropriate “for a time” while they remained on guard against domestic and global risks. The post Fed Officials Saw Policy Appropriate 'For A Time' Amid Risks appeared first on Investor's Business Daily.

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  • API highlights economic impacts of a fracing ban in new video
    on February 21, 2020 at 1:45 am

    The American Petroleum Institute released a new video to coincide with Wednesday’s Democratic presidential debate that addresses what it says supporters of a fracing ban won’t discuss – its cost to America.

  • Stocks head for worst week in four as coronavirus spreads
    on February 21, 2020 at 9:25 am

    Shares across the world fell on Friday and were set for their worst week in four as investors dumped riskier assets for the safety of bonds and gold, with coronavirus cases in China and elsewhere spreading.

  • 'Baby Yoda' doll makes its big debut
    on February 20, 2020 at 10:40 pm

    A new 'Baby Yoda' doll, based on The Child character from the Disney+ series 'The Mandalorian,' proved more than ready for its closeup at a New York press event Thursday.

  • T-Mobile, Sprint agree to amended merger deal
    on February 20, 2020 at 10:21 pm

    This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit or the quote page for more information about this breaking news.

  • Dow Jones Commodity Index Softs
    on February 21, 2020 at 2:30 pm

    The Dow Jones Commodity Index Softs is designed to track the softs sector through futures contracts.

  • Black Beast: This Is the 250th Bugatti Chiron
    by nyekikian on February 20, 2020 at 2:30 am

    Bugatti only built 450 of its earth-shattering Veyron over a decade by the time production ended in 2015. Now, just four or so years into its production run, Bugatti has already built the 250th example of the Veyron’s successor, the Chiron. The 250th Chiron rolled out of the Bugatti atelier in Molsheim, France, earlier today, completing The post Black Beast: This Is the 250th Bugatti Chiron appeared first on MotorTrend.

  • Government to review cotton seed price
    on February 21, 2020 at 9:44 am

    The industry has sought a 10 per cent increase in price because of rising input costs. Some manufacturers have sought pricing freedom. ​Last year, the government had fixed the price of Bt cotton seeds at Rs 730 per 450 gm package, which was 1.35 per cent lower than the previous year.

  • Puma launches collection made from waste plastic bottles
    on February 21, 2020 at 8:59 am

    Bengaluru: German sportswear brand Puma has launched a collection made with recycled plastic in collaboration with UK-based waste management and recycling company First Mile. The co-branded sustainable line will sell footwear and apparel made from recycled yarn manufactured from waste plastic bottles.“The Puma and First Mile programme has diverted about 40 tonnes of plastic waste from landfills and oceans, just for the products made for 2020. This roughly translates into 1,980,286 plastic bottles being reused,” said Stefan Seidel, head of corporate sustainability for Puma, in a press statement. The training collection includes tees, shorts, pants and jackets. “The apparel is made of at least 83% to even 100% from the sustainable yarn sourced from First Mile,” added Seidel.First Mile works with businesses to help them recycle waste. It collects about 60000 tonnes of waste a year and has an average recycle rate of over 60%. Puma has rolled out this collection online and offline across the world at one go.Several mainstream brands have been stepping up their sustainability drive to capture the growing population of environment-conscious consumers. Global sportswear giant Adidas has been working with nonprofit Parley since 2016 to manufacture sneakers made with upcycled plastic waste. The Boston-based running shoe brand recently launched a biodegradable lifestyle shoe as part of its Originals line. It also partnered with fashion designer Stella McCartney to create biodegradable tennis dresses for Wimbledon.A year ago, its subsidiary brand Reebok launched a plant-based performance shoe using eucalyptus, natural rubber and algae foam instead of petroleum plastics.According to market estimates, global fashion industry accounts for over 10% of global greenhouse gas emissions. The production of synthetic textiles uses large amount of oil, toxic dyes and bleaches that pollute waterways and degrades the topsoil. Deadstock and textile waste left to rot in landfills cause environmental hazards.At an event by Clothing Manufacturers Association of India (CMAI) earlier in February, fashion apparel brands such as Aditya Birla Fashion, Levi’s and Bestseller agreed to a five-point plan to understanding the environmental impact of their products and pledged to make their supply chain sustainable by the year 2025.

  • Daughter Ivanka and son-in-law Jared to accompany Donald Trump to India
    on February 21, 2020 at 9:18 am

    Trump's wife Melania Trump is also part of the delegation, which includes Treasury Secretary Steven Mnuchin and Commerce Secretary Wilbur Ross. The US president will arrive in Ahmedabad on February 24 for a little less than 36-hour India trip. From Ahmedabad, he will travel to Agra before arriving at the national capital for the main leg of the visit.

  • Puma launches collection made from waste plastic bottles
    on February 21, 2020 at 8:59 am

    The collection has been produced in collaboration with UK-based waste management and recycling company First Mile. The training collection includes tees, shorts, pants and jackets. The company said the apparel is made of at least 83% to even 100% from the sustainable yarn sourced from First Mile.

  • IRDAI pulls up Oriental for hiding commissions
    on February 21, 2020 at 6:30 am

    Oriental has in its response said it will ensure that it will not refer to commissions or payouts by “generic references” in its financial reports for FY20. And it will be restating its financials for FY17 and FY18, if needed.

  • Priti Patel launches UK's ‘historic' points-based visa system
    on February 19, 2020 at 12:09 pm

    The new system will come into force from January 1, 2021 at the end of the transition period after the UK's exit from the European Union (EU) on January 31, which will formally end free movement of people within the economic bloc for the UK as a non-member. The new post-Brexit system, which will apply equally to the EU and non-EU countries like India.

  • Govt to set up inter-ministerial panel on LIC IPO shortly
    on February 21, 2020 at 7:01 am

    The government will set up an inter-ministerial group (IMG) with Secretaries from the Corporate Affairs, and Law Ministries as well as the Finance Ministry's three Secretaries to clear the initial issues on LIC listing shortly.

  • LTI enters Nifty Next 50 Index
    on February 21, 2020 at 7:42 am

    "It is a significant recognition as it represents top 50 companies that are considered most lucrative for investors", LTI said.

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  • Google bans hundreds of Android apps from the Play Store for obnoxious ads
    by Kim Lyons on February 20, 2020 at 7:39 pm

    Illustration by Alex Castro / The Verge Google has removed almost 600 “disruptive” Android apps from the Play Store and banned their developers in its latest effort to rein in mobile ad fraud, the company announced on Thursday. Google’s policy does not allow ads that display when an app is not in use or that trick users to click on ads by mistake. The company says it defines disruptive ads as “ads that are displayed to users in unexpected ways, including impairing or interfering with the usability of device functions,” like a full-screen ad that pops up during a phone call or when using navigation apps, according to Per Bjorke, Google’s senior product manager for ad traffic quality who wrote the company blog post. “Malicious developers continue to become more savvy...” B... Continue reading…

  • Twitter now makes it easier to add new tweets to old threads
    by Kim Lyons on February 20, 2020 at 4:04 pm

    Photo by Amelia Holowaty Krales / The Verge Twitter has tweaked its UI to make it easier to add new tweets to old threads. (No, it’s not an “edit tweet” feature.) As you’re composing a new tweet, you’ll be able to pull down a view of your past tweets and threads into the composition window. Previously, you’d have to go back and find the thread, then add the new tweet at the end. It looks like the “continue thread” feature is now available to some users on Twitter’s iOS app, according to TechCrunch. Now you can add a Tweet to one you already Tweeted, faster!— Twitter (@Twitter) February 19, 2020 Here’s how it will work: while composing the new tweet, choose which older tweet you want to connect the new tweet to. Then click on the three dots menu in... Continue reading…

  • Quibi shares some clues about how its app might work
    by Jay Peters on February 21, 2020 at 12:53 am

    Image: Quibi Quibi’s apps are now available for preorder on the App Store and Play Store, and they give a look at how the mobile streaming app might actually work when it launches on April 6th (via TechCrunch). Based on the renders in the listings, Quibi seems like it looks and feels like, well, a streaming video app. You can check out all of the available renders in the gallery below: Quibi tells The Verge that the screenshots in the listings were also shown at CES in January, but declined to say if the renders are what the final app will look like. But there are a few interesting details in them that are worth observing. When browsing content in the app, it looks like there will be four tabs on the bottom bar, labeled “For You,” “Browse,”... Continue reading…

  • BlackBerry phones could disappear as TCL partnership ends
    by Jacob Kastrenakes on February 3, 2020 at 2:54 pm

    Photo by Amelia Holowaty Krales / The Verge The brand keeping BlackBerry phones alive across most of the globe, TCL Communications, plans to stop selling BlackBerry phones later this year. In a tweet this morning, TCL announced that it “will no longer be selling” BlackBerry-branded phones as of August 31st, 2020, because it will no longer have the rights to design and manufacture them. Existing devices will continue to be supported. BlackBerry decided in 2016 to stop making its own phones, after years of failures, and to license its brand out instead. The biggest licensing deal was with TCL, which since December 2016 has had the near-global rights to design and sell BlackBerry-branded phones. It’s done a decent job of it, pairing classically BlackBerry-style designs with the functions of modern Android phones. None of the devices have been blockbuster hits, though, and recent devices have received poor reviews.— BlackBerry Mobile (@BBMobile) February 3, 2020 Without TCL making new phones, it’s possible the BlackBerry brand will disappear for a moment. BlackBerry does have other phone manufacturing partners, but their relationships are much more limited. BB Merah Putih launched a single phone in Indonesia in 2017, and Optiemus Infracom made some phones for India, Sri Lanka, Nepal, and Bangladesh. TCL had the rights for all other regions. We’ve reached out to BlackBerry for comment. There’s no word yet on whether BlackBerry will look for another manufacturing partner or begin to make its own phones again. The bigger move here may be from TCL. The company has slowly built out its name over the past several years making phones under several different brand names, including BlackBerry, Alcatel, and Palm. This year, the company intends to start selling phones under its own name. Leaving BlackBerry behind may just give the company more time to focus on devices of its own.

  • This disturbingly realistic deepfake puts Jeff Bezos and Elon Musk in a Star Trek episode
    by Jay Peters on February 20, 2020 at 8:35 pm

    A new deepfake puts Amazon CEO Jeff Bezos and Tesla CEO Elon Musk in the pilot episode of the original Star Trek, “The Cage” — and I kind of love it. In this particular AI-powered face swap, Bezos plays a Talosian alien with a huge bald head, while Musk plays Captain Christopher Pike (who is the captain of the USS Enterprise before James T. Kirk). Here’s a very short version of what’s going on in this scene, if you’re wondering: in this episode, the Talosian aliens capture Pike to enslave him and use him to breed humans that will be used to rebuild a destroyed society. Pike tries to escape throughout the episode, and eventually, the Talosians decide that humans’ resistance to captivity won’t make them a good fit for that plan. The... Continue reading…

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