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Google Business NewsOct 31, 2020
Regeneron COVID-19 drug trial halted in sickest patients - Fox Business
Regeneron COVID-19 drug trial halted in sickest patients  Fox BusinessRegeneron halts trial of antibody treatment in seriously ill Covid patients  Financial Times2nd study testing a COVID-19 antibody drug has a setback  WSAZ-TVWhy Regeneron Is Halting Coronavirus Antibody Cocktail Study Enrollment In Patients With Severe Cases  Yahoo Finance'Eat Out to Help Out' scheme accelerated coronavirus second wave across UK, study says  MSN UK

Forbes HeadlinesOct 31, 2020
How A Copywriter Created A Million-Dollar, One-Person Business—By Saying Goodbye To $1,450-An-Hour Client Work
By turning her knowledge into a course, Laura Belgray took the first step toward hitting seven figures.

Google Business NewsOct 31, 2020
Dunkin' Brands to be bought by Inspire Brands for 11.3 billion - Boston.com
Dunkin' Brands to be bought by Inspire Brands for 11.3 billion  Boston.comDunkin' is going private in $11.3 billion deal  CNNDunkin' Brands to go private in $8.76B deal by Arby's owner  Fox BusinessDunkin' Brands To Be Sold To Inspire Brands For $11.3 Billion  CBS BostonAtlant

CNBC BusinessOct 31, 2020
6 ways small businesses can boost holiday sales in 2020 amid the pandemic
Many consumers will do most of their shopping with local retailers. Small businesses need a digital plan to stay close to customers amid coronavirus pandemic.

Google Business NewsOct 31, 2020
Dunkin' Brands to go private in $8.76B deal by Arby's owner - Fox Business
Dunkin' Brands to go private in $8.76B deal by Arby's owner  Fox BusinessDunkin' is going private in $11.3 billion deal  CNNDunkin' to be sold to Inspire Brands for $11.3 billion  WCVB BostonDunkin' Brands To Be Sold To Inspire Brands For $11.3 Billion  CBS BostonDunkin' to Be Sold to Inspire Brands for $8.8 Billion  The Wall Street Journal
MarketWatch MarketPulseOct 30, 2020
Under Armour shares jump 7% premarket as earnings beat offsets tepid outlook
Under Armour Inc. shares jumped 7% in premarket trade Friday, after the athletic apparel and goods maker beat earnings estimates for the third quarter despite the effects of the coronavirus pandemic. The company posted net income of $38.9 million, or 9 cents a share, for the quarter, down from $102.3 million, or 23 cents a share, in the year-earlier period. Adjusted per-share earnings came to 26 cents, well ahead of the 3 cents FactSet consensus. Revenue was flat at $1.4 billion, but beat the $1.2 billion FactSet consensus. "Due to ongoing uncertainty related to COVID-19 and its potential effect on global markets, the company expects material impacts on its business results for the remainder of 2020 and into 2021," it said in a statement. Under Armour now expects fiscal 2020 revenue to fall at a high-teen percentage rate from 2019, and expects its adjusted loss per share to range from 47 cents to 49 cents. The FactSet consensus is for a loss of 71 cents. The company expects year-end timing impacts from COVID-19, including spring product deliveries that will come in early 2021 instead of late 2020. It also expects a substantial decline in licensing revenue due to lower contractual royalty minimums and contract settlements realized in 2019. Separately, the company said it's selling its MyFitnessPal platform to private-equity firm Francisco Partners for $345 million in a deal expected to close in the fourth quarter. Shares have fallen 26% in the year to date, while the S&P 500 has gained 2.5%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



Yahoo BusinessOct 30, 2020
Apple Loses $450 Billion in Value Since Record on iPhone Woes
(Bloomberg) -- When talking about the biggest company in the world, it's not unusual for there to be eye-popping numbers. But Apple Inc.'s latest superlative is not one investors would like to see.Since becoming the first American company to surpass $2 trillion in market value in August and peaking last month, the iPhone maker has lost $450 billion, wiped out by a 19% slump. The latest bout of selling -- a 5.6% drop on Friday -- took out more than $120 billion alone. Apple's now worth $1.85 trillion and still the most valuable U.S. company, but the amount shaved from its ledger since its September peak is more than the entire market cap of Visa Inc., the seventh largest member of the S&P 500, and greater than the value of Thailand's stock exchange.The drawdown comes as the tech giant reported iPhone sales that missed analysts' estimates and gave no forecast for the holiday quarter. Fiscal fourth-quarter revenue from the iPhone was $26.4 billion, compared to expectations of $27.1 billion.The Nasdaq 100 Index plunged 2.6% on Friday and had its worst week since the coronavirus-induced selloff in March. Disappointing sales forecasts from tech companies like Apple, Twitter Inc. and Facebook Inc. are sparking worries about further growth potential in the names that led this year's rebound.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.


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KiplingerOct 21, 2020
There's Never Been a Better Time for Business Owners to Make a Move
The future is uncertain. COVID proves that.

SEE MORE Audit Alert: Why Business Owners Shouldn't Be Spooked by Captive Insurance Not only that, this election year is filled with unpredictability, especially for owners of small and midsize businesses. We are simultaneously navigating the uncertain waters of the Paycheck Protection Program as well as planning for possible changes in the business tax code.

2020 has been particularly brutal. According to MarketWatch, 55% of Yelp-listed businesses that closed due to COVID will stay closed permanently.

It's easy to see why many would assume a wait-and-see approach. Let's see who gets elected and how the tax code will change. Let's see how COVID stimulus is going to play out.

If you've found yourself saying things like this, let me be clear: This is anything but the moment to wait. I'm telling my clients that not only is it the right time to plan at least two years into the future, it's the right time to think big and consider whether an even bigger move makes sense.

Here's what you need to know to start making those plans:

Business taxes Small and midsize businesses should be building contingency plans now for whoever ends up winning the White House, as well as which party controls the House and Senate. Yes, it will take time before any legislation is passed regarding business taxes, but as COVID-19 has taught us, building those plans now and thinking at least two years ahead will set your business up for success regardless of the outcome on election night.

First, let's think about the most drastic scenario: a Democratic president and Senate. This is where I'd expect

Yelp data shows 60% of business closures due to the coronavirus pandemic are now permanent (CNBC Economy)
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