Amazon a juggernaut? Quarterly sales and profit prove how indispensable tech giants have become to our society. In the midst of a pandemic, Big Tech mostly shows gains....more
8/3/2020
/ Amazon Marketplace ,
Antitrust Violations ,
Arbitration ,
Big Tech ,
Bitcoin ,
Coronavirus/COVID-19 ,
Cryptocurrency ,
Cyber Attacks ,
Data Breach ,
Employment Litigation ,
Financial Markets ,
Hackers ,
Infectious Diseases ,
Interest Rate Adjustments ,
Jeffrey Epstein ,
Occupational Exposure ,
Oil & Gas ,
Patent Infringement ,
Popular ,
Power Grid ,
Rape ,
S&P ,
Share Buybacks ,
SoftBank ,
TikTok ,
Twitter ,
Uber ,
United Airlines
Consumer spending at stores and auto dealerships increased in June, the second straight month, but the recent uptick in coronavirus cases could slow future growth....more
7/20/2020
/ Banks ,
Commercial Bankruptcy ,
Coronavirus/COVID-19 ,
Data Breach ,
Data Storage ,
Dow Jones ,
Economic Growth ,
EU ,
Facebook ,
Financial Markets ,
Hackers ,
Nasdaq ,
Netflix ,
NFL ,
Oil & Gas ,
Personal Data ,
Russia ,
S&P ,
Sexual Harassment ,
Stock Prices ,
Twitter ,
Vaccinations
Gilead Sciences Inc. reports that its remdesivir virus treatment has been positively correlated with a 62% reduction in death risks compared with the standard of care in an initial analysis....more
7/13/2020
/ Clinical Trials ,
Coronavirus/COVID-19 ,
Cryptocurrency ,
Economic Growth ,
Financial Markets ,
Gilead Sciences ,
IEA ,
iPhone ,
Mobile Apps ,
Oil & Gas ,
Personal Protective Equipment ,
Pharmaceutical Industry ,
S&P ,
Spotify ,
Stock Prices ,
Supply and Demand ,
Surveillance ,
Tesla ,
TikTok ,
Tinder
The Federal Reserve has “temporarily restricted shareholder payouts by the biggest banks,” preventing stock buybacks and barring increases in dividend payments in the third quarter. ...more
6/29/2020
/ Amazon Marketplace ,
Bribery ,
Chapter 11 ,
Commercial Bankruptcy ,
Coronavirus/COVID-19 ,
Dividends ,
Dow Jones ,
Driverless Cars ,
Economic Downturn ,
Fashion Industry ,
Federal Reserve ,
Financial Markets ,
Gap Inc ,
Kanye West ,
Microsoft ,
Nasdaq ,
Novartis ,
Oil & Gas ,
Restaurant Industry ,
S&P ,
Share Buybacks ,
Supply and Demand
American Airlines Group Inc. stated that it plans to pledge its loyalty program “as collateral for a $4.75 billion government loan as it seeks to shore up capital to manage through the coronavirus pandemic.” The company...more
6/15/2020
/ Agribusiness ,
American Airlines ,
Apple ,
Automotive Industry ,
Bid Protests ,
Capital Markets ,
Coronavirus/COVID-19 ,
DoorDash ,
EU ,
Excessive Noise ,
Facial Recognition Technology ,
Fifth Amendment ,
First Amendment ,
Food Supply ,
Fourth Amendment ,
Google ,
Law Enforcement ,
Microsoft ,
Patent Infringement ,
Pending Litigation ,
Police Brutality ,
Popular ,
S&P ,
Semiconductors ,
Sonos ,
Trump Administration ,
Wireless Technology
The U.S. market is improving, with employers adding 2.5 million jobs. For some perspective, “[t]he economy shed 22.1 million jobs combined in March and April.” So, we have a ways to go before we’ve fully recovered. ...more
6/5/2020
/ Amazon Marketplace ,
Biometric Information ,
Centers for Disease Control and Prevention (CDC) ,
China ,
Class Action ,
Coronavirus/COVID-19 ,
Cyber Attacks ,
Donald Trump ,
Elon Musk ,
Facebook ,
Financial Markets ,
Free Speech ,
Freedom of Information ,
Google ,
Intellectual Property Protection ,
Iran ,
Jeff Bezos ,
Job Creation ,
Joe Biden ,
Political Campaigns ,
S&P ,
Settlement ,
Sick Leave ,
Trade Secrets ,
Trump Administration ,
Unemployment
Google cut costs by rescinding offers to more than 2,000 contract workers due to the strains of the pandemic....more
6/1/2020
/ 529 Plans ,
Capital Markets ,
Centers for Disease Control and Prevention (CDC) ,
Charter Communications ,
Comcast ,
Coronavirus/COVID-19 ,
Cryptocurrency ,
Digital Assets ,
Dow Jones ,
Driverless Cars ,
Google ,
GrubHub ,
Independent Contractors ,
Investment Portfolios ,
Joint Task Force ,
Layoffs ,
Nasdaq ,
OSHA ,
Popular ,
Re-Opening Guidelines ,
S&P ,
Samsung ,
Silicon Valley ,
SoftBank ,
Trump Administration ,
Uber ,
Viacom ,
Workplace Safety
The fallout of COVID-19 continues: “S&P 500 futures fell nearly 4%;” the yield on 10-year U.S. Treasury notes fell to 0.788%; Brent crude fell by 4.6%; the stimulus and fiscal relief package hit a roadblock in the Senate; and...more
3/23/2020
/ Airlines ,
Aviation Industry ,
Bailout ,
Business Closures ,
Business Interruption ,
Coronavirus/COVID-19 ,
Federal Trade Commission (FTC) ,
Financial Markets ,
Hotels ,
Involuntary Reduction in Force ,
Martin Shkreli ,
Monopolization ,
Oil Prices ,
Pharmaceutical Industry ,
Public Health ,
S&P ,
SoftBank ,
Stock Prices ,
Trade Wars
Big Tech companies using facial recognition software have begun to support “’precision regulations’ that don’t allow mass surveillance.” Lawmakers in New York, Massachusetts, Hawaii, Michigan, and California are considering...more
3/9/2020
/ Aircraft ,
Big Tech ,
Boeing ,
China ,
Consumer Price Index ,
Coronavirus/COVID-19 ,
Economic Downturn ,
Electronic Protected Health Information (ePHI) ,
Emergency Management Plans ,
Equity Markets ,
EU ,
European Central Bank ,
Facial Recognition Technology ,
Federal Aviation Administration (FAA) ,
Financial Markets ,
Infectious Diseases ,
Medical Records ,
Mobile Apps ,
New Regulations ,
Oil Prices ,
Personal Data ,
Personally Identifiable Information ,
Public Health ,
Regulatory Agenda ,
S&P ,
Startups ,
Surveillance ,
World Health Organization
Stocks rebounded with the S&P 500 making gains for the second time in three days and 10-year Treasury yields fell below 1%; analyst suggest the market upswing was caused, in part, by the Democratic primary results showing...more
3/4/2020
/ Artificial Intelligence ,
Cannabis-Related Businesses (CRBs) ,
CEOs ,
Chrysler ,
Class Action ,
Coronavirus/COVID-19 ,
Cryptocurrency ,
Digital Assets ,
Dismissals ,
Fiat ,
Financial Markets ,
General Electric ,
Health Care Providers ,
Health Insurance ,
Indexing ,
Infectious Diseases ,
Initial Public Offering (IPO) ,
Investment Fraud ,
Negligent Misrepresentation ,
Popular ,
Ransomware ,
Resignation ,
S&P ,
Securities Fraud ,
Startups ,
Stock Prices ,
Third-Party Service Provider ,
Token Sales