Category: #BusinessNews
Businesses reject Trump payroll tax plan while postponing their own tax bills
Most American workers won’t be getting the payroll tax break pushed by President Donald Trump, thanks to widespread opposition from employers. But many businesses are…
The death of cash will bring lasting change. Not all of it good
<p>We will no doubt see a further move towards cashless transactions – but it will take time, says Hamish McRae</p> Source: https://www.independent.co.uk/independentpremium/voices/coronavirus-uk-economy-cashless-sterling-cash-dollars-sweden-germany-b434157.html Droolin’ Dog sniffed…
Tech sell-off resumes; Nasdaq down more than 8 percent in 3 days
Big tech stocks are continuing their Icarus-like flight path, and more sharp declines for them are pulling Wall Street lower in early Tuesday trading. The…
The global coronavirus economy: How bad will it get?
Don’t count on a vaccine to save the world economy. In the early months of the coronavirus crisis, policymakers hoped for a V-shaped recovery —…
U.S. debt to reach 100% of GDP in 2021
The federal budget deficit will reach $3.3 trillion in the fiscal year ending this month — more than triple the 2019 shortfall, the nonpartisan Congressional…
Amazon Is Openly Hiring Union-Busters
Jeff Bezos obviously doesn’t want a union in his company. Amazon’s increasingly flippant statements about protest activity have made that clear, as have years of…
How Trump’s company charged the U.S. government more than $900,000
Trump managed to grift the United States government for nearly a million bucks. This is quite an amazing report by The Washington Post’s David Fahrenthold, Josh…
Elon Musk says Tesla batteries could power electric planes within 3 years
Billionaire first hinted plans for a battery-powered jet in 2010 Source: https://www.independent.co.uk/life-style/gadgets-and-tech/news/elon-musk-electric-planes-batteries-tesla-a9691066.html Proactive Computing found this story and shared it with you. The Article Was…
Oprah Winfrey makes Election Day a holiday at her company
‘I challenge other companies to do the same because this might be the most important election of our lives,’ media mogul says Source: https://www.independent.co.uk/life-style/oprah-winfrey-election-day-holiday-company-own-tv-network-a9684811.html Droolin’…
Blue Origin ships NASA a full-scale 40ft lunar lander mock-up
The Human Landing System (HLS) National Team of experts from Blue Origin, Northrup Grumman, Lockheed Martin, and Draper have shipped NASA a full-scale mockup of…
American Airlines to suspend flights to 15 U.S. cities despite billion-dollar bailout
Congress has been weighing for weeks whether to grant airlines another $25 billion in payroll assistance. Source: https://www.nbcnews.com/business/business-news/american-airlines-suspend-flights-15-u-s-cities-despite-billion-n1237429 Droolin’ Dog sniffed out this story and…
How this recession is different
The pandemic is striking directly at the heart of what has historically made America stronger than almost any other global economy — our awesome productivity….
Endgame for America: Dollar literally a BOMB that could go off any day, warns Peter Schiff
The scale of money printing in the United States is unprecedented, says veteran stockbroker Peter Schiff. The deficits are “through the roof and the government…
“Free enterprise no longer exists”: The transformation of the Fed
The Federal Reserve is undergoing an overhaul. Conceived to keep inflation in check and oversee the country’s money supply, the central bank is now essentially…
Popular Pesticides Are Killing Birds, Too
The most commonly used pesticides in the world have been a disaster for bees. But new research shows they’re also bad news for birds, which…
Someone Leaked a Bunch of Confidential Intel Documents
Earlier today, a Twitter user leaked 20GB worth of confidential Intel documents stored on a file-sharing service—documents that the Twitter user claims they received from…
Clorox won’t have enough disinfecting wipes on shelves until 2021, says CEO
COVID-19 sure has created some weird shortages. Clorox disinfectant wipes are one such product. American grocery shelves won’t be fully restocked with Clorox’s disinfecting wipes…
Lack of gender and ethnic diversity in advertising industry leads to 'lazy sexist' stereotyping in ads, leading advertisers group head admits
‘The portrayal of women in ads is often very different from society,’ Keith Weed tells The Independent Source: https://www.independent.co.uk/news/uk/home-news/advertising-gender-ethnic-diversity-gender-stereotypes-ads-a9648501.html Droolin’ Dog sniffed out this story…
China now accounts for nearly one-quarter of Tesla revenue
Tesla has been counting on China to maintain its sales momentum, and it seems to be on track with the plan. In the three months…
Fed warning: U.S. economic outlook at mercy of pandemic
The Federal Reserve on Wednesday kept interest rates near zero and warned that the U.S. economic outlook is highly dependent on the uncertain course of…
As Congress fights, analysts warn economy needs help now
The economy is likely to weaken without more government aid, experts say. Source: https://abcnews.go.com/Politics/wireStory/congress-fights-analysts-warn-economy-now-72011876 Droolin’ Dog sniffed out this story and shared it with you….
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