Sunday, April 18, 2021

Business

Illicit retaliation by Amazon against climate activists

American labor officials reported that Amazon retaliated responded illicitly as it fired two workers who previously have spoken about the company's warehouse safety and environment exercises. The NLRB (National Labor Relations Board) was inspecting a complaint by Maren Costa and...

Delta and Coca Cola join firms opposing new Georgia voting legislation

James Quincey, Coca Cola CEO, and Ed Bastian, Delta Air Lines CEO, have appeared against new voting limitations in Georgia, both CEOs criticizing the act as unacceptable, joining an emerging list of orders which have slammed the new restrictions...

Volkswagen of United States changing its name to Voltswagen

On Tuesday, Volkswagen of America, in action planned to reflect the company's novel push into electric cars, said that the firm is updating its name to Voltswagen. On the same day, Volkswagen revealed that the whole matter was just a...

The global shipping largely affected by the Suez blockage

The world’s leading trade hub was jammed by a container ship (quarter-mile-long) for around a week, blocking the path that could take up to a week to clear. Last week, ahead of the Ever Given dipped into the Suez Canal,...

Disneyland to break year-long closure by reopening 30 April

On Wednesday, Disney announced that Disneyland Resort in California will resume April 30 to state residents, ending the year-long closure of the iconic theme park as Coronavirus spread reduces in the region and inoculations boost. The two theme parks, Disney...

Nokia, a Finnish telecom giant, to cut up to 10,000 jobs over next two years

On Tuesday, Nokia (Finnish telecoms giant) said that it will slash up to 10,000 jobs in the upcoming two years as a part of a previously decided reform program while increasing investment on 5G and R&D capabilities to potentially...

Elon Musk balanced the previous loss by gaining $25 billion

In the last week, Elon Musk, Tesla CEO, lost tens of billions of dollars, but he fetched them back just in a single day on Tuesday when a twenty-percent rally in Tesla's stock. On Tuesday, Elon Musk added 25 billion...

How President’s Tax Proposals could affect financial advisers

Joe Biden, President of the United States, came up with surges in taxes – including estate tax and capital gains tax – on the richest people of America. People with less than 400,000 dollars earning will not see a...

Reasons why Tesla’s stock is drowning   

On Tuesday, shares of Tesla, the highest stock in the market for more than a year, has plunged six percent after closing down 8.5 percent on Monday. It has completed its gains for the year. On January 26, Tesla's...

Biden’s $1.9 trillion stimulus package will hit the stock worse – Jeremy Grantham

During a Bloomberg interview, Jeremy Grantham, the legendary investor, threatened other entrepreneurs that the 1.9 trillion dollars bill in the federal aid President Biden sees from Congress would further plunge the stock market bubble. The GMO co-founder, Jeremy Grantham, described...

Latest News

Global Coronavirus deaths surpassed 3 million

On Saturday, the worldwide Coronavirus death toll surpassed three million, according to JHU (Johns Hopkins University), and COVID-19 infection...