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24 May 2019
1) Oil prices dropped liked a brick in its worst day of trading in 2019, the result of jitters over trade with China. The price of oil serves as a…
Asia (Economy, Finance, Business)
Europe (Economy, Finance, Business)
North America (Economy, Finance, Business)
23 May 2019
1) British Steel, Britain’s second biggest steel maker, collapsed on Wednesday. This leaves 5,000 jobs directly at risk, while also threatening another 20,000 at suppliers. The company had been seeking…
21 May 2019
1 ) Ford Motor Company announces a 10% reduction in its work force by eliminating 7,000 jobs world wide. These jobs are salaried white-collar jobs, which are part of a…
THE FUTURE IS NOW: SELF DRIVING FREIGHT BEING USED BY USPS
By: Economic & Finance Report USPS has entered the autonomous freight hauling industry. For some who may not know what I am referring to? What I am stating is that…
21 May 19
1 ) The stock for electric auto maker Tesla fell today as the car maker faces an uphill battle to become profitable in the second half of the year. Delivery…
BED & BREAKFAST U SAY??? GOLDMAN SACHS (GS) IN NEGOTIATIONS TO BUY B&B HOTELS!!!!!!!!!!!!!!!!!
By Economic & Finance Report Financial investment power house Goldman Sach (GS); is in negotiations to aquire B&B Hotels and all its subsidiary chains. They will be acquiring the chain…
20 May 2019
1 ) Hewlett Packard is buying the supercomputer maker Cray for $1.4 billion dollars. HP is intent on strengthening it position against IBM by expanding its high end computer line,…
17 May 2019
1) The worst case for China in the trade war is slow growth, rising debt with companies exiting. If China’s growth should tumble, her debt would surge resulting in foreign…