ECONOMIC AND FINANCE REPORT

1) German technology giant SAP takes a drop in the markets because of a one time write off charge. 2) Chinese purchases of US commercial property is at the lowest…

1) California produce prices are going up because of labor shortages and increasing cost for labor. Agriculture workers are now under California’s minimum wage and overtime laws, plus mandated medical…

1) Brexit, now on going for 2 ½ years, is dividing the British people in strife, the debate impacting and dividing family relationships across the country. The web site eHarmony…

On Monday, January 28, 2019, the United States Attorney General Department, indicted Hauwei Technologies with 13 counts of banking fraud, wire transfer fraud, and violating Iranian sanctions imposed by the…

1) This next week, the markets promises to be positive because the big high-tech companies will be releasing their accounting statements with anticipation of healthy profits. 2) Germany announces it…

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Walmart will be hiring close to 1,000 new truck drivers in 2019. The truckers who are seasoned throughout the year, being apart of the Walmart trucking program. Walmart drivers (whom…

1) Boeing is testing a small self flying car, to compete in the budding autonomous air taxi market or electric Vertical Take Off and Landing (eVTOL) vehicles. Airbus and Google,…

1) IBM says that a rush to over regulate the digital business could topple the digital economy. This stems from privacy concerns about the collection of large quantities of data…

1) The electric car manufacturer Tesla announced a 7% cut of their full-time staff. The company faces very difficult times ahead in selling affordable renewable energy products, in part because…