29 July 2019
1) Newly released reports says that raising the minimum wage to $15 per hour by 2025 will raise the wages for 22.2% of American workers. They claim that 33.5 million…
The Car – End of the American Dream?
Some claim the personal ownership of automobiles is coming to an end, so will Generation-Z forego the romance of their fathers? James Lyman BSAE, BSEE, MSSM In my youth, the…
EFR PODCAST EP. #33: SOCIAL ME-DIA MANAGERS feat. KEITH DORSEY
And Yes We’re Back Like Never Before. It’s the EFR Podcast Show featuring me (Sammy BE/Bizman Bassey) @EcoFireTV, James Lyman @ObsoletePeople & on the boards Jon Don Sterling @TheDramaBlock. On…
26 July 2019
1) Tesla, the manufacture of all-electric automobiles, has suffered a worse than expected loss. Additionally, there has been another major management shakeup, all of which is casting doubts on the…
25 July 2019
1) Boeing Aircraft, the manufacture of the now grounded 737 MAX, has not ruled out further reductions or even shutting down production of its 737 MAX. Boeing had cut production…
24 July 2019
1) Technology displacement is graphically illustrated by the print news media with over 2,000 newspapers having closed in the last fifteen years. Once among the largest employers in America, new…
23 July 2019
1) Despite the world wide forces that normally pushes oil prices higher, the oil markets remain surprisingly flat. Available oil has dropped with the embargos on Venezuela and Iran, plus…
ETSY BUYS REVERB FOR PRICEY $275 MILLION….
By: Economic & Finance Report Etsy has stated that it will be aquiring Reverb for $275 million. Reverb is the musical instruments online platform. Reverb considered to be one of…
22 July 2019
1) The woes of traditional American big box retailers continues with J.C. Penney seeking strategies to keep their money losing company afloat. The company is in talks with specialist on…
19 July 2019
1) The video streaming service Netflix has lost customers for the first time in eight years while also missing its target for new subscriptions overseas. The lost of 130,000 customers…