10.21.2020

JPMorgan Chase takes on Square and PayPal with smartphone card reader, faster deposits for merchants - CNBC

"JPMorgan's new QuickAccept service lets businesses take card payments within minutes, either through a mobile app or a contactless card reader, and users will sales hit their Chase accounts on the same day."

"That fast funding is offered free, unlike competitors including Square, which typically take a day or more and charge 1.5% fee to make instant transfers."

 

GM Debuts Electric Hummer Pickup With $80,000 Starting Price - Bloomberg

"General Motors Co. showed its much-anticipated battery-powered Hummer pickup in an online video, spearheading the automaker's renewed push into the electric-vehicle market."

 

Why the Man Who Saw Through the Enron Fraud Likes Virgin Galactic Stock - Barron's

"Stock in space tourism pioneer Virgin Galactic was beating the market Tuesday because of a seemingly unlikely call from a famous investor not often associated with a love of speculative endeavors."

 

At These Prices, Procter Is a Gamble - WSJ

"Procter & Gamble (PG) reported strong results Tuesday as the pandemic continued to boost sales of consumer staples, but its shares are priced for the boom to never end."