Category: #BusinessNews
The COVID economy has created new opportunities for deal-making
COVID-19 is the macro horror of our lifetimes, and has destroyed or severely damaged countless businesses. But, like with most horribles, it also has created…
Comcast to enforce 1.2TB data cap in entire 39-state territory in early 2021
Enlarge (credit: Aurich Lawson / Getty Images) Comcast’s 1.2TB monthly data cap is coming to 12 more states and the District of Columbia starting January…
Pfizer will seek emergency FDA authorization for coronavirus vaccine
Drug manufacturer Pfizer and its German partner, BioNTech, plan to seek emergency authorization Friday from the FDA for their coronavirus vaccine. The companies said earlier…
Amazon unveils online pharmacy
Amazon on Tuesday unveiled an online pharmacy allowing customers to have prescriptions and refills delivered to their homes.The c… Source: https://thehill.com/homenews/news/526273-amazon-unveils-online-pharmacy Droolin’ Dog sniffed out this story and…
Ben & Jerry’s commits to ‘economic justice’ for cocoa farmers
Exclusive: Ice-cream manufacturer to increase amount paid to suppliers in industry where child labour is rife and farmers barely make enough to get by Source:…
Federal Reserve identifies climate crisis as risk to US financial system for first time ever
‘Acute hazards, such as storms, floods, or wildfires, may cause investors to update their perceptions of the value of real or financial assets suddenly,’ says…
Dow soars by 600 points as investors bet on clear election winner and swift passing of stimulus bill
“Ultimately, the markets want clarity, and the main threat this week is the emergence of a contested election,” one analyst said. Source: https://www.nbcnews.com/business/markets/wall-street-rises-investors-bet-clear-election-winner-swift-passing-n1245943 Droolin’ Dog…
Bitcoin hits $14,000 for the first time since early 2018
Enlarge (credit: Thomas Trutschel / Getty Images News) The price of one bitcoin rose above $14,000 on Saturday morning. It was the first time the…
Russia adds $4.5 BILLION to foreign exchange reserves in 1 week
Russian gold & foreign currency reserves have increased to $589.8 billion, according to the latest data released by the central bank. The international funds grew…
Trump wants credit for ‘fastest GDP growth in history.’ Here’s a reality check.
Analysis: Left unsaid is that the economy is rebounding from its biggest single-quarter drop ever recorded — and it still hasn’t fully recovered. Source: https://www.nbcnews.com/news/us-news/trump-wants-credit-fastest-gdp-growth-history-here-s-reality-n1244967…
Trump’s trade wars at a glance, from Beijing to Brussels
President Donald Trump said he would shake up American trade policy Source: https://www.independent.co.uk/news/world/americas/us-election-2020/trump-trade-war-china-eu-us-tariffs-tensions-us-election-b1374133.html Droolin’ Dog sniffed out this story and shared it with you. The…
The oil industry actually hasn’t done that well under Trump
The oil industry’s fortunes have been withering on President Donald Trump’s watch, with dozens of oil companies falling into bankruptcy as weak crude prices take…
Vacant office space in San Francisco doubled to 12 million square feet in 2020
New York isn’t the only city experiencing high vacancy rates for office space. This chart from SocketSite shows a similar trend in San Francisco. I…
Dunkin Donuts releases new Spicy Ghost Pepper Donut, and actual humans are eating it
“Nuggets are on notice,” Dunkin Donuts declares in a press release, while also urging sandwiches and tacos to heed their warning. The Massachusetts-based donut and…
Three percent of SpaceX Starlink satellites may have failed
A new report is making the rounds claiming about three percent of the SpaceX Starlink satellites the company has put into orbit have failed. According…
Federal budget deficit hits record $3.1 trillion
It is the government’s largest annual shortfall, surpassing the previous record of $1.4 trillion set in 2009 after the financial crisis. Source: https://www.nbcnews.com/business/economy/federal-budget-deficit-hits-3-1-trillion-more-double-previous-n1243765 Droolin’ Dog…
U.S. layoffs remain elevated as 898,000 seek jobless aid
The number of Americans seeking unemployment benefits rose last week to 898,000, a historically high number and evidence that layoffs remain a hindrance to the…
The Disgruntled Employee and the Damage They Can Do
It’s easy to think that cybersecurity is all about keeping the data in and keeping the bad guys out. But what about your staff? That…
Where to Watch Apple’s iPhone 12 Event (and What Else to Expect)
Tomorrow’s the day, y’all—Apple is going to take wraps off the long-awaited iPhone 12 and all of its variants. Normally, Apple would hold this type…
Mark Cuban condemns human rights violations worldwide, but ‘OK doing business with China’
Mark Cuban declared that he is against human rights violations around the world, including in China, with the Dallas Mavericks adding during a podcast interview with Megyn…
Comcast tests tech that enables gigabit upload speeds over cable
Just a few years ago Comcast started rolling out 1Gbps cable service and now it’s widely available in many areas across the country, but it…
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