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
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
Uber Technologies Inc. will eliminate 3,700 jobs. This equates to the company shedding a quarter of its workforce. Rumors are also circulating that Uber “is in talks to buy rival Grubhub Inc.”....more
5/19/2020
/ Alibaba ,
Chapter 11 ,
Cloud Computing ,
Commercial Bankruptcy ,
FedEx ,
Financial Markets ,
GrubHub ,
Hospital Mergers ,
JCPenney ,
Layoffs ,
Microsoft ,
Moderna Inc. ,
NASA ,
Pharmaceutical Industry ,
SoftBank ,
Stock Prices ,
Supply Chain ,
Uber ,
Vaccinations
The U.S. Jobs Report Will Be Ugly: The March jobs report will likely show the worst numbers in the “post-World War II era,” and “it is playing out in a matter of weeks,” not years. One study suggests the U.S. has lost 27.9...more
4/3/2020
/ Antitrust Violations ,
Apple ,
Business Closures ,
Cell Phones ,
Coronavirus/COVID-19 ,
Data Collection ,
Financial Markets ,
Furloughs ,
Google ,
Layoffs ,
Martin Shkreli ,
Musical Sound Recordings ,
Oil Prices ,
Pharmaceutical Industry ,
SoftBank ,
Spotify ,
Standing ,
Stock Prices ,
Tesla ,
Tracking Systems ,
Unemployment ,
Videoconference
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
Wells Fargo & Co. agreed to pay a total of $3 billion to resolve criminal and civil investigations by the DOJ and SEC. Wells Fargo admitted “that it took millions in wrongful fees and interest, misused customer information...more
2/24/2020
/ Analytics ,
Audi ,
Boeing ,
Capital Markets ,
China ,
Cloud Computing ,
Competition ,
Coronavirus/COVID-19 ,
Corporate Culture ,
Corruption ,
Criminal Investigations ,
Crude Oil ,
Department of Justice (DOJ) ,
Electric Vehicles ,
Employee Misconduct ,
Enforcement Actions ,
EU ,
Futures ,
Gold ,
Google ,
Huawei ,
Intuit ,
Investment ,
Layoffs ,
Marijuana ,
Popular ,
Public Health ,
Securities and Exchange Commission (SEC) ,
SoftBank ,
Sprint ,
T-Mobile ,
Wells Fargo ,
White Collar Crimes ,
Wireless Technology ,
World Health Organization