ECONOMIC AND FINANCE REPORT

1) There is an insatiable global appetite for sand, one of the world’s most important but least appreciated commodities. The problem, however, is this resource is slipping away. It is…

1) With the worldwide push for green energy surging, the lithium-ion battery market is projected to hit $1 trillion dollars globally by just 2026. Lithium-ion batteries have been powering smaller…

1) Walt Disney Co. will close at least 60 Disney stores in North America this year, which amounts to about one-third of their stores. Like so many other retailers, Disney…

1) For many years, there has been one report after another about the critical need to repair, replace and expand our infrastructure of roads, waterways, air travel systems, highways, dams,…

1) Kelley Aerospace has officially launched the world’s first supersonic unmanned combat aerial vehicle (UCAV), called the ‘Arrow’. The drone is designed with a single shell of lightweight carbon fiber…

1) In Petaluma, California the local city council unanimously voted to ban new gas stations, building on a two-year moratorium passed in early 2019. Petaluma is just 15 square miles…

1) The electronics giant Best Buy, has laid off 5,000 full time staff in a move the electronic retailer says was caused by changing consumer patterns because of the coronavirus,…

1) The superstore Fry’s Electronics suddenly closed all of its stores overnight, ending a nearly four-decade run in business. Fry, which had 31 stores across nine states, said that it…

1) The pandemic has been especially hard on small business, who don’t have the cash reserves of large corporations. They face a number of challenges they need to meet in…

1) Nikola Corp. announced that its long-range fuel-cell semi truck gets as much as 900 miles on a tank of hydrogen gas, and is due to come out in 2024.…