Business News

Business News Weekly ─ September 28, 2020

Business News Weekly ─ September 28, 2020 “Billionaire investor Peltz steps down as adviser at pot producer Aurora” ─ from Reuters. Aurora Cannabis Inc said on Monday billionaire investor Nelson Peltz has stepped down as adviser, adding to troubles at the Canadian pot...

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Business News Weekly ─ September 21, 2020

Business News Weekly ─ September 21, 2020 “Nelson Peltz Buys Comcast Stake, Calling Cable Giant Undervalued” ─ from Newsmax. Nelson Peltz, one of the world’s most dogged investors, has set his sights on Comcast Corp. The billionaire’s investment firm, Trian Fund...

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Business News Weekly ─ September 14, 2020

Business News Weekly ─ September 14, 2020 “Daimler AG to Pay $1.5B to Settle Emissions Cheating Probes” ─ from USNews. They have agreed to pay $1.5 billion to the U.S. government and California state regulators to resolve emissions cheating allegations. The...

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Business News Weekly ─ September 8, 2020

Business News Weekly ─ September 8, 2020 “Fannie and Freddie extend freeze on foreclosures and some evictions” ─ from CNN Business. Federal Housing Finance Agency (FHFA) announced Thursday that Fannie Mae and Freddie Mac will extend the moratoriums that were put in...

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Business News Weekly ─ August 31, 2020

Business News Weekly ─ August 31, 2020 Amazon orders 1800 electric plans from Mercedes. They are delivering on a climate pledge. Amazon enters fitness – tracking gadget arena. Wearable band collects user sleep, workouts, body fat and moods. AT&T peddling much of...

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Business News Weekly ─ August 24, 2020

Business News Weekly ─ August 24, 2020 “A dangerous dance for Microsoft” ─ from an article in Bloomberg Business Week. It goes on to say buying Tik-Tok would give the software giant a lift with consumers but risks unwelcome scrutiny, “Captive Market” ─ from an article...

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Business News Weekly ─ August 17, 2020

Business News Weekly ─ August 17, 2020 Apple is going to start bundling its services soon, similar to Amazon's Prime, according to media reports. Rich New Yorkers and many businesses are fleeing the city taking their considerable tax dollars with them. Many will not...

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Business News Weekly ─ August 10, 2020

Business News Weekly ─ August 10, 2020 Value of each of the big tech companies is like the race. For instance, the numbers as of last week are: Apple $1.9 trillion Amazon $1.6 trillion Microsoft $1.6 trillion Amazon is stepping into the fresh food ring - it might...

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Business News Weekly ─ August 2, 2020

Business News Weekly ─ August 2, 2020 Big tech companies mixed reports. Google and Facebook reports slowing down because of their lessening ads. Apple and Amazon and growth in both revenue and profit. Apple is number one in the world leaping over Saudi Arabia Aramco...

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Business News Weekly ─ July 27, 2020

Business News Weekly ─ July 27, 2020 From www.eMarketer.com/retail The following is forecasted from eMarketer due to the coronavirus pandemic: US retail spending will be down 10.5% US commerce sales will rise 18%, Brick-and-mortar sales will decline 14% ecommerce will...

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Business News Weekly ─ July 20, 2020

Business News Weekly ─ July 20, 2020 “Oil holds above $40 after positive trial results for a coronavirus vaccine” ─ from MarketWatch. Oil futures held ground above the $40-a-barrel mark on Monday, as positive trial results for a coronavirus vaccine help to offset...

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Business News Weekly ─ July 12, 2020

Business News Weekly ─ July 12, 2020 Tech startups have shed close to 70,000 jobs since the start of the pandemic, according to the Wall Street Journal, Startups have cut costs due to a lack of funding and lost sales since March. Almost 26,000 jobs have been lost just...

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Business News Weekly ─ July 6, 2020

Business News Weekly ─ July 6, 2020 Apple developer conference gives hope to similar planned event. Families are bargaining over college costs – and winning. The pandemic has accelerated a year-long shift in financial power toward students, away from schools; it's a...

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Business News Weekly ─ June 29, 2020

Business News Weekly ─ June 29, 2020 In this month companies have raised $12 billion in the US IPO market. Since the start of April, shares of newly listed companies in the US have risen an average of 25% on the first day. Facebook presses to contain ad boycott. A...

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Business News Weekly ─ June 22, 2020

Business News Weekly ─ June 22, 2020 Over 1300 Chinese medical suppliers gave FDA the same false US address. From an article in the Wall Street Journal. They were registered to sell medical device during the Coronavirus. They were listed as their American...

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Business News Weekly ─ June 15, 2020 

Business News Weekly ─ June 15, 2020 One giant to another: Musk to Bezos: Time to break up Amazon. This occurred after Amazon refused to publish a book that minimizes the coronavirus pandemic. There are still investing:  ZoomInfo Technologies Inc.'s shares rocketed...

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Business News Weekly ─ June 8, 2020

Business News Weekly ─ June 8, 2020 The Utimate in Technology ─ SpaceX. In a historic first, Hawthorne. California-based SpaceX had a successful launch, and subsequent docking, of a SpaceX Dragon capsule--the Endeavor--with the International Space Station. The launch...

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Business News Weekly ─ June 1, 2020

Business News Weekly ─ June 1, 2020 Apple set to reopen 100 stores this week. Amazon keep most jobs added doing pandemic. Google said it has postponed next week’s planned unveiling of the beta version of its latest Android 11 mobile operating system in light of...

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