12 August 2019
1) The electric car company Tesla Inc is being sued claiming the company limited battery range of its older vehicles using software updates. The alleged intent was for Tesla to…
Asia (Economy, Finance, Business)
Latin America (Economy, Finance, Business)
North America (Economy, Finance, Business)
9 August 2019
1) Mexico has become America’s largest trading partner as a result of the U.S. – China trade war. For the first half of 2019, trade between America and Mexico was…
Asia (Economy, Finance, Business)
Europe (Economy, Finance, Business)
North America (Economy, Finance, Business)
8 August 2019
1) Disney, the owner of the Star Wars franchise rights, is finding that today’s kids are not as interested in Star Wars as previous generations have been. While the last…
MERGER OF TWO OF THE LARGEST U.S. NEWSPAPERS CHAINS, WILL CHANGE THE NEW MEDIA LANDSCAPE…..
By: Economic & Finance Report Two of the country’s largest newspaper companies will be merging and creating one huge newspaper media conglomerate. New Media Investment Group (NYSE: NEWM) will buyout…
Asia (Economy, Finance, Business)
Europe (Economy, Finance, Business)
North America (Economy, Finance, Business)
7 August 2019
1) There are fears that the deepening China and American trade war may severely effect the fragile oil market. The tariffs increases has already send oil prices spiraling down over…
6 August 2019
1) Stock markets fell sharply over new trade war moves with the Dow dropping over 700 points and the S&P and Nasdaq also sharply dropping too. Troubles renewed with China…
5 August 2019
1) Even though U.S. employers slowed their hiring in July, there was 164,000 jobs added to the economy. The unemployment rate remained at 3.7% for a second month with average…
2ND QUARTER EARNINGS: CASH APP MAKES $125 MILLION BECAUSE OF BITCOIN………
By: Economic & Finance Report Square Cash App scored a huge win, with their 2nd quarter earnings. The majority of their $125 million earnings came from Bitcoin revenue. Bitcoin revenues…
2 August 2019
1) Goldman Sachs, the investment bank, is starting a three year, $100 million dollar plan to overhaul its stock trading platform. The project, which is named Atlas, is aimed at…
1 August 2019
1) General Electric suffered a loss last quarter despite two previous profitable quarters, a result of the restructuring cost of its electric power division and the grounding of Boeing’s 737…