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Apple TV Plus' 'Defending Jacob' is a hit, but new data suggests subscriber growth is sluggish

Apple TV Plus sign-ups in March and April were no greater than February sign-ups, according to the research company Antenna, suggesting that the streaming service's subscriber growth is slow compared to others during the coronavirus pandemic. But audience demand for Apple's original TV shows has grown since March, according to Parrot Analytics, particularly its breakout hit, "Defending Jacob." Viewers of the series aren't watching other Apple originals on the platform, though, Parrot data sugg...
Tags: Apple, Reese Witherspoon, US, Trends, Bloomberg, Tom Hanks, Netflix, Jennifer Aniston, Tim Cook, Hulu, Jason Momoa, Chris Evans, Antenna, Octavia Spencer, Jacob, Steve Langdon


Hertz files for bankruptcy as the coronavirus pandemic crushes the car-rental industry (HTZ)

Hertz filed for bankruptcy Friday night after failing to reach an agreement with lenders, The Wall Street Journal first reported Friday. Hertz has around $19 billion in debt, including $4.3 billion in corporate bonds and loans as well as $14.4 billion of debt backed by their vehicles, according to The Journal. The car-rental business has been decimated as the pandemic has ground travel to a halt, forcing Hertz's CEO to resign as the company missed lease payments and laid off 10,000 workers las...
Tags: Trends, North America, Hertz, Wall Street Journal, Wilmington Delaware, U S Bankruptcy Court, Hertz Global Holdings Inc, Thrifty, Paul Stone, Kathryn Marinello, Journal Hertz, Marinello Hertz


Rental car company Hertz files for bankruptcy

Hertz filed for bankruptcy protection Friday, unable to withstand the coronavirus pandemic that has crippled global travel and with it, the heavily indebted 102-year-old car rental company's business. The Estero, Florida-based company's... [Author: [email protected]]
Tags: Business, Hertz, Estero Florida


Hertz files for U.S. bankruptcy protection as car rentals evaporate in pandemic

The more than a century old car rental firm Hertz Global Holdings Inc filed for bankruptcy protection on Friday after its business was decimated during the coronavirus pandemic and talks with creditors failed to result in much needed relief.
Tags: Money, businessNews, Hertz, Hertz Global Holdings Inc


Covid commission boss Nev Power steps back at gas company amid conflict of interest concerns

The Morrison government commission has promoted gas as a key way to boost the economy after the coronavirus crisisThe head of the Morrison government commission tasked with coming up with plans to revitalise the economy after the coronavirus crisis, Nev Power, is to step aside from his position as deputy chairman of a gas company over conflict of interest concerns.“Because of the perceptions of conflict of interest he has stepped back from participating in board meetings and will not participate...
Tags: Business, Environment, Australia news, Gas, Fossil Fuels, Coalition, Australian politics, Australian economy, Morrison, Coordination Commission, Coronavirus outbreak, Nev Power, National Covid


NZ Post 'snail mail': One week to get a laptop couriered across Auckland - and still waiting

An Auckland university student says her studies are being hampered by NZ Post's "snail" paced courier services that have kept her waiting for a laptop for weeks.The student's mum Trish Boniface said the family used NZ Post to send... [Author: [email protected]]
Tags: Business, Auckland, NZ Post, Trish Boniface


Organizers cancel 2020 New York auto show

Organizers said Friday they were canceling the 2020 New York auto show that had previously been pushed back until August, citing the ongoing coronavirus pandemic and the venue's use as a field hospital.
Tags: New York, Money, businessNews


Insurer AXA must pay restaurant's COVID-19 losses, French court rules

A Paris court ruled that insurer AXA must pay a restaurant owner two months' worth of coronavirus-related revenue losses, the restaurateur's lawyer said on Friday, potentially opening the door to a wave of similar litigation.
Tags: Money, businessNews, Paris, Axa, COVID


Automaker trade backs U.S. on effort to weaken fuel efficiency rules

A group representing many major automakers on Friday backed the Trump administration's decision to weaken Obama administration fuel efficiency standards but said it opposed further reductions in requirements.
Tags: Money, Obama, businessNews, Trump


Business groups push Trump to keep skilled-worker visas amid pandemic

A range of business groups have made an 11th-hour appeal to U.S. President Donald Trump as he weighs whether to restrict temporary work visas, warning of negative economic consequences if he blocks the flow of skilled foreign workers into the United States.
Tags: Money, businessNews, Donald Trump, Trump


Exclusive: Argentine debt talks could reach a breakthrough in days - source

Argentina's talks with creditors over restructuring around $65 billion in foreign debt could reach a breakthrough "in a matter of days," a source close to the negotiations and familiar with the government's thinking told Reuters on Friday.
Tags: Money, businessNews, Argentina, Reuters


Exclusive: U.S. accuses China of blocking U.S. flights, demands action

The U.S. Transportation Department late on Friday accused the Chinese government of making it impossible for U.S. air carriers to resume service to China and ordered Chinese air carriers to file flight schedules with the U.S. government.
Tags: Money, China, businessNews, U S Transportation Department


Exclusive: Renewable firms in Mexico must contribute to grid backup - CFE chief

Private renewable energy firms in Mexico should pay for part of the baseload power underpinning the flow of electricity on the grid, the head of the state power company said on Friday, as a dispute on the future of the local industry roils the market.
Tags: Money, Mexico, businessNews, CFE


New Normal: Conversation with Rod Johnson of Infor

I have been doing video interviews with a number of CIOs, software executives and practitioners about acrobatics they have been seeing in various vertical sectors during the COVID-19 crisis and the "New normal" they can expect as the economy wakes... [Author: vinnie]
Tags: Trends, Vinnie, Infor, Vertical Markets (Banking, Retail etc, Rod Johnson, Global and Vertical extensions, New Normal COVID-19


William Lyon, Orange County homebuilder and civic leader, dies at 97

William Lyon made his fortune following the freeways. Wherever the roads ran, that’s where the Air Force general-turned-homebuilder would mobilize construction crews, eventually building much of Orange County among many projects across the Southwestern U.S. Lyon, one of Orange County’s wealthiest and most influential residents, died Friday, May 22 at his hilltop estate in Coto de Caza, his son Bill H. Lyon said. He was 97. The General, as he was known because of his stint as an Air Force Reserve...
Tags: Business, Housing, Washington, Reagan, Sport, Soccer, Gop, Obituaries, Washington Dc, Arizona, Korea, Pentagon, Nevada, Bill, William, Air Force


COVID-19 economic relief debit cards are in the mail

Americans are plastic addicts. I'm not just talking packaging. We depend on plastic payments, aka credit and debit cards. That financial transaction method has made its way into the COVID-19 economic impact payment (EIP) distribution. This week, the Internal Revenue Service began sending debit cards loaded with coronavirus payment amounts to approximately 4 million Americans. As created under the Coronavirus Aid, Relief and Economic Security (CARES) Act, the COVID-19 payment amounts are up to $...
Tags: Taxes, Treasury, Sam, Agi, Irs, Visa, Austin Texas, U S Treasury, Internal Revenue Service, Treasury Department, Consumer Financial Protection Bureau CFPB, MetaBank, COVID, U S Debit Card, Economic Impact Payment Card ATM Locator Legit, Meta Bank


New Normal: Conversation with Rahul Samant of Delta Airlines

I have been doing video interviews with a number of CIOs, software executives and practitioners about acrobatics they have been seeing in various vertical sectors during the COVID-19 crisis and the "New normal" they can expect as the economy wakes... [Author: vinnie]
Tags: Trends, Delta Airlines, Vinnie, Vertical Markets (Banking, Retail etc, Global and Vertical extensions, New Normal COVID-19, Rahul Samant


Blitzfailing: How to NOT Grow a Company

Some time around 2016, a company that was raising at a lofty valuation pitched to me requesting capital from one of Sputnik ATX’s antecedent funds. The company pitching was WeWork.The heart of their presentation was a claim that WeWork represented a new model for coworking space that was going to revolutionize coworking from stodgy folks like Regus, a profitable competitor. At the time, WeWork charged less than Regus to use office space and WeWork had significantly higher unit operating costs, ...
Tags: Startups, Business, Startup, WeWork, Regus, Paul McElroy, Austin Startups, Venture-capital, Startup-lessons, Sputnik ATX, Blitzscaling, First Citywide Bank


Blitzfailing: How to NOT Grow a Company — Sputnik ATX

Blitzfailing: How to NOT Grow a Company Some time around 2016, a company that was raising at a lofty valuation pitched to me requesting capital from one of Sputnik ATX’s antecedent funds. The company pitching was WeWork.The heart of their presentation was a claim that WeWork represented a new model for coworking space that was going to revolutionize coworking from stodgy folks like Regus, a profitable competitor. At the time, WeWork charged less than Regus to use office space and WeWork had si...
Tags: Startups, Business, Startup, WeWork, Regus, Paul McElroy, Austin Startups, Venture-capital, Startup-lessons, Sputnik ATX, Blitzscaling, First Citywide Bank


Generation Bio Leads a Trio of Biotech Companies Aiming for the Nasdaq

COVID-19 has ravaged the economy, and it was expected to quash the IPO market, too. But the biotech sector is defying the pandemic with crossover financings and freshly minted public companies. On Friday, three firms added their names to the list of life science companies preparing to join the public markets.Gene therapy company Generation Bio, vaccines developer Vaxcyte, and cancer diagnostics maker Burning Rock Biotech each filed IPO paperwork just ahead of the Memorial Day weekend. The filin...
Tags: Deals, Cancer, Trends, Investing, IPOs, Astrazeneca, Fda, National, Vaccine, Biotech, Life Sciences, Bayer, Clinical Trials, Renaissance Capital, Fidelity Investments, Gene Therapy


20 Inspiring Quotes on Commitment

"Unless commitment is made, there are only promises and hopes; but no plans." - Peter Drucker "Commitment is what transforms a promise into a reality." - Abraham Lincoln "There are only two options regarding commitment; you're either in or you're out. There's no such thing as life in-between." - Pat Riley "The difference between involvement and commitment is like ham and eggs. The chicken is involved; the pig is committed." - Martina Navratilova "People do not follow uncommitted leaders. C...
Tags: Quotes, Tony Robbins, Innovation, Albert Einstein, Mario Andretti, Martina Navratilova, Abraham Lincoln, Ross Perot, Peter Drucker, Vince Lombardi, Jean Paul Sartre, Paulo Coelho, Pat Riley, Ralph Ellison, Rollo, Stephen Gregg


Australian worker sacked over Hitler parody video has win in federal court

The BP technician privately shared a Downfall meme to parody heated pay negotiationsA BP worker who was sacked after privately sharing a version of a Hitler parody video during pay negotiations has had a win in the federal court.The Downfall meme format has been widely circulating on the internet for more than a decade, with users adding their own subtitles to a clip from the 2004 German film Downfall, showing a highly agitated Adolf Hitler in his bunker screaming at his military commanders in t...
Tags: Business, Australia news, Bp, Australian trade unions, Industrial relations, Hitler, Western Australia, Adolf Hitler, Downfall


Australian worker sacked over Downfall meme video wins job back in federal court

The BP technician privately shared the video to parody heated pay negotiationsA BP worker who was sacked after privately sharing a version of a Hitler parody video during pay negotiations has had a win in the federal court.The Downfall meme format has been widely circulating on the internet for more than a decade, with users adding their own subtitles to a clip from the 2004 German film Downfall, showing a highly agitated Adolf Hitler in his bunker screaming at his military commanders in the fin...
Tags: Business, Australia news, Bp, Australian trade unions, Industrial relations, Hitler, Western Australia, Adolf Hitler, Downfall


Apple TV Plus' 'Defending Jacob' is a hit, but data suggests subscriber growth is sluggish

Apple TV Plus sign-ups in March and April were no greater than February sign-ups, according to the research company Antenna, suggesting that the streaming service's subscriber growth is slow compared to others during the coronavirus pandemic. But audience demand for Apple's original TV shows has grown since March, according to Parrot Analytics, particularly its breakout hit, "Defending Jacob." Viewers of the series aren't watching other Apple originals on the platform, though, Parrot data sugg...
Tags: Apple, Reese Witherspoon, US, Trends, Bloomberg, Tom Hanks, Netflix, Jennifer Aniston, Tim Cook, Hulu, Jason Momoa, Chris Evans, Antenna, Octavia Spencer, Jacob, Steve Langdon


Watch this US Navy ship destroy a flying drone with a laser weapon

The USS Portland disabled a flying drone with a "solid state laser" in the Pacific Ocean. Videos showed the Northrup Grumman-developed 150-kilowatt-class Laser Weapon System Demonstrator (LWSD) destroying the drone. "With this new advanced capability, we are redefining war at sea for the Navy," a Navy official said in a press release. Visit Business Insider's homepage for more stories. A US Navy ship downed a flying drone with a "solid state laser" in the Pacific Ocean, the service branch an...
Tags: Navy, China, US, Trends, Portland, US Army, Pacific Ocean, US Navy, San Antonio, Uav, Sanders, Office of Naval Research, U S Pacific Fleet, Northrup Grumman, Capt Karrey Sanders, LWSD


Disney debuts Zenimation, which mixes soothing sounds with familiar art

Disney today launched its latest series, called Zenimation, a collection of shorts that combine the company’s animation with some soothing sound effects. I don’t know about y’all, but something like this was exactly what I needed to help cure my quarantine fatigue. Indulge your senses. All episodes of @DisneyAnimation’s #Zenimation, an Original Series, now streaming on #DisneyPlus. pic.twitter.com/1NSkirtNvI — Disney+ (@disneyplus) May 22, 2020 Each Zenimation short loops together art from some ...
Tags: Startups, Media, Disney


Intuition Is Your Superpower

by Sue Hawkes, CEO of YESS! and author of “Chasing Perfection: Shatter The Illusion; Minimize Self-Doubt & Maximize Success“ Several years ago, I participated in a women’s leadership program focused on embracing what power was in all senses of the word. Intuition wasn’t one of the topics listed on the agenda. However, it was an incredible component of our leadership work together. On Friday night, the twenty-six of us were given an assignment: we were to transform a nursing home facility to hav...
Tags: Startups, Leadership, Self Awareness, Intuition, Thinking Aloud, Leading People, Sue Hawkes


UK plans cut in Huawei's 5G network involvement - newspaper report

Prime Minister Boris Johnson is planning to reduce Chinese telecoms equipment maker Huawei Technologies Co Ltd's involvement in Britain's 5G network in the wake of the coronavirus crisis, the Daily Telegraph newspaper reported https://bit.ly/2zmI2DE.
Tags: UK, Money, businessNews, Britain, Boris Johnson, Huawei, Daily Telegraph, Huawei Technologies Co Ltd


Dozens of Chinese companies added to U.S. blacklist in latest Beijing rebuke

The United States said on Friday it would add 33 Chinese firms and institutions to an economic blacklist for helping Beijing spy on its minority Uighur population or because of ties to weapons of mass destruction and China's military.
Tags: Money, China, Beijing, businessNews, United States


Uber customer claims company won price-fixing suit because arbitrator was scared

An Uber customer on Friday asked a Manhattan federal judge to overturn an arbitration win for the company in a price-fixing case, arguing that the arbitrator only ruled in Uber's favor because he was scared.
Tags: Money, businessNews, Manhattan



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