ECONOMIC AND FINANCE REPORT

1) IBM and Delta have expanded a multi-year services agreement to migrate the airline’s applications to the cloud. Delta will move to a hybrid cloud architecture built on Red Hat…

1) There have been many reports about the crumbling weakness of American infrastructure, something that became apparent to many people with the recent hard freeze across the country. Example- in…

1) U.S. retail sales surged in January, the most in seven months, beating all estimates. This suggests fresh stimulus checks helped spur a rebound in household demand following a weak…

1) Demand for natural gas is currently at an unprecedented level according to Atmos Energy, because of freezing rain, snow, ice and dangerous travel conditions. Atmos Energy is asking all…

1) General Motors boldly announced plans to make only battery-powered vehicles by 2035, breaking from more than a century of internal combustion engines. However, the future for 50,000 GM workers,…

1) General Motors is the latest automaker to report that a global chip shortage is affecting its production. Other automakers include Stellantis, Volkswagen, Ford, Nissan, Subaru, Renault, Honda, Toyota, and…

By: Economic & Finance Report Former Finance Minister of Nigeria, Ms. Okonjo Iweala has emerged as the first woman and African, to lead the World Trade Organization (WTO). She was…

1) The Colt Manufacturing Company is ending 175 years as an American gunmaker with the purchase by the Czech firearms company CZG. Colt, a financially troubled company, that with its…

America isn’t the only one racking up huge national debts to prop up their economies . . . and there’s the danger! James Lyman BSAE, BSEE, MSSM As the debates…

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