Work-From-Home Trend Makes Lumber a Winner, Paper a Loser

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Work-From-Home Trend Makes Lumber a Winner, Paper a Loser

While work-from-home policies are helping to make lumber a top performer as shut-in Americans build decks and fences, office closures are devastating another tree product: paper. Shutdowns have withered the demand for paper used in everything from …
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Huawei Becomes World's Top Smartphone Vendor in Q2, Thanks to COVID-19

Huawei shipped more smartphones than Samsung in the second quarter due to high demand in China and depressed smartphone demand around the globe due to COVID-19, says research firm Canalys. Michael Kan. By Michael Kan. July 30, 2020.
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Overstock Q2 Earning's Growth Was Fueled By Retail, But The CEO Says The Future Is In Blockchain

Overstock.com today reported financial results for the second quarter, attributing $783 million of net revenue, an increase of 109%, to on-line retail sales growth. This is good news for CEO Jonathan Johnson’s core business line, but he said an interview that …
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Seth Klarman Says Fed Is Infantilizing Investors in 'Surreal' Market

“Surreal doesn't even begin to describe this moment,” Klarman said in a letter to investors reviewed by Bloomberg News. Investor “psychology is
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Coca-Cola to launch alcoholic Topo Chico Hard Seltzer

The Coca-Cola Co. said Thursday it will launch an alcoholic Topo Chico Hard Seltzer later this year. “The Coca-Cola Company is committed to exploring new products in dynamic beverage categories, including hard seltzer. Topo Chico Hard Seltzer is an …
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