1 December 2020
1) Amazon's cloud-computing unit, Amazon Web Services, suffered an outage, for such services as Adobe and Roku, who rely on Amazon for their websites, while major clients like Apple and…
1) Amazon's cloud-computing unit, Amazon Web Services, suffered an outage, for such services as Adobe and Roku, who rely on Amazon for their websites, while major clients like Apple and…
1) First Walmart then Target and Dick’s Sporting Goods and now Best Buy have announced they will be closed on Thanksgiving, with more retailers expected to follow suit. The decision…
1) General Motors is eliminating 700 factory jobs in Tennessee as a result of low sales, which they are blaming on the Convid-19 crisis. This is the third shift at…
1) Kroger, the largest supermarket chain in the U.S., has been surprised by a 92% gain in its e-commerce sales. The giant has lagged behind its competitors like Walmart, Amazon…
1) Experts say it could take as much as a decade for America’s economy to fully recover from the coronavirus and the subsequent massive shutdown of businesses. Presently, it’s expected…
1) Just three months after filing for bankruptcy, the Pier 1 retail chain is closing down all its retail store outlets as soon as possible. This drastic action is blamed…
1) Many retailers have closed their stores because of the COVID-19 outbreak. Analysts think that over the coming years, many of these stores will remain closed for good. Analysts forecast…
1) Nigeria may become the superpower of Africa, repeating the economic miracle of China and India. While investors are not moving into Nigeria yet, they are watching. Like China and…
1) The Permian Basin continues to experience difficulties producing oil, becoming increasingly gassy as drilling slows down. This undercuts profits for producers at a time when investors are demanding better…
1) Bill Gates, the Microsoft co-founder, says he’s happy to pay his share of taxes, but expressed consternation over Elizabeth Warren’s proposals to tax America’s wealthy. He considers the presidential…