SENATOR KAMALA HARRIS CHOSEN AS JOE BIDEN’S VP CANDIDATE!!!!!!!!
By: Economic & Finance Report Former Vice President Joe Biden has chosen California Senator Kamala Harris as his Vice Presidential candidate. Senator Harris was a presidential candidate during the 2020…
11 August 2020
1) Both Japan and China are building up their military forces for possible future contest over Pacific islands. This is another sign of China’s increasing contentious relations with neighbors, in…
11 August 2020
1) Online retailer giant Amazon is considering taking over closed department stores in some malls to use as warehouses in their distribution system. Amazon is in talks with Simon Property…
10 August 2020
1) With the expiration of the stimulus bill, there are now 40 million Americans who are at risk of eviction unless the new stimulus bill is passed. This means the…
Black Lives Matter and Social Mitosis
The recent civil unrest for the last two months in several cities, vividly shows the process of social mitosis at work. James Lyman BSAE, BSEE, MSSM The murder of George…
7 August 2020
1) Another drop in applications for unemployment benefits is giving hope for the economy. For the week ending 1 August, there were 1.19 million jobless claims, down by 249,000 claims.…
6 August 2020
1) Rocket Companies Inc., the parent company of Rocket Mortgage and Quicken Loans, is trying to raise $2 billion dollars with an IPO (Initial Public Offering) after an initial capital…
5 August 2020
1) The FAA (Federal Aviation Administration) has issued a 36 page document detailing the fixes and training that Boeing needs to implement so the 737 MAX can return to commercial…
4 August 2020
1) Tailored Brands, who owns Men’s Wearhouse and Jos. A. Bank, has filed for bankruptcy, becoming the latest retailer to succumb to the pandemic. The Covid-19 has wiped out demand…
3 August 2020
1) Another sign of how badly the pandemic has wrecked the world economy is the huge losses that Exxon Mobil and Chevron have reported for the second quarter. The losses…