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
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
Tesla sues to reopen its California factory; Elon threatens to move the company out of state. The company asked a federal judge to reopen the factory, arguing that the “local government’s insistence that it remain closed . ....more
5/12/2020
/ Airlines ,
Bitcoin ,
Business Closures ,
Constitutional Challenges ,
Coronavirus/COVID-19 ,
Dow Jones ,
Elon Musk ,
JPMorgan Chase ,
Nasdaq ,
Oil & Gas ,
Re-Opening Guidelines ,
Stock Prices ,
Tesla
J.Crew filed for bankruptcy protection; the company’s lenders have agreed to “convert $1.65 billion . . . into equity.” Neiman Marcus Group Inc. and J.C. Penney are also on the bankruptcy path, already entering talks with...more
5/4/2020
/ Berkshire Hathaway ,
Blue Bell Creameries ,
Capital Markets ,
Commercial Bankruptcy ,
Coronavirus/COVID-19 ,
Criminal Prosecution ,
Economic Downturn ,
Elon Musk ,
Embedded Tweets ,
Equal Pay ,
FDA Approval ,
Felonies ,
Food and Drug Administration (FDA) ,
Food Contamination ,
Food Recalls ,
Food Supply ,
Gender-Based Pay Discrimination ,
J Crew ,
Listeria ,
Market Manipulation ,
Oil & Gas ,
Patent Litigation ,
Soccer ,
Stock Prices ,
Stock Trades ,
Tesla ,
Tyson Foods ,
Warren Buffett ,
Workplace Safety
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
U.S. stocks continue to tumble, sinking by “8.1% at the open, triggering a 15-minute trading halt;” “Brent crude sank below $30 a barrel;” treasuries surged despite major moves from the Federal Reserve; and market sentiment...more
3/16/2020
/ Airlines ,
Amazon ,
Artificial Intelligence ,
Big Tech ,
Bitcoin ,
Bonds ,
China ,
Coronavirus/COVID-19 ,
Economic Downturn ,
Federal Reserve ,
Financial Markets ,
Financial Services Industry ,
Grocery Stores ,
Oil Prices ,
Price Gouging ,
Regulatory Oversight ,
Retailers ,
Stock Prices ,
Trump Administration ,
Whole Foods
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
Apple stock has surged over the past year, but consumers are divided over the stock price’s future. Apple’s software services and hardware products create an identity crisis that impacts the company’s future valuations....more
1/28/2020
/ 5G Network ,
Alphabet Company ,
Apple ,
Attorney General ,
Automotive Industry ,
China ,
Chrysler ,
Data-Sharing ,
Department of Justice (DOJ) ,
Earnings Reports ,
Facebook ,
Fashion Industry ,
Fiat ,
Financial Markets ,
Foreign Relations ,
Futures ,
Heinz ,
Huawei ,
Infectious Diseases ,
Kraft ,
Mergers ,
Mobile Apps ,
Peugeot ,
Pharmacies ,
Popular ,
Public Health ,
Samsung ,
Search Engines ,
Social Media ,
Stock Prices ,
Trump Administration ,
UK ,
US Trade Policies ,
Video Recordings ,
Vine
BlackRock Inc. will sell out of all companies “that get more than 25% of sales from thermal coal.” This threshold, however, won’t affect larger, diversified miners—which includes some of the biggest coal shippers....more
1/14/2020
/ Airbus ,
Aircraft ,
Amazon Marketplace ,
Anti-Competitive ,
Antitrust Investigations ,
Antitrust Provisions ,
Antitrust Violations ,
Artificial Intelligence ,
Big Data ,
Boeing ,
Books ,
Casinos ,
China ,
Cloud Computing ,
Coal ,
Coal Industry ,
Commercial Bankruptcy ,
DNA ,
Dow Jones ,
E-Commerce ,
Enforcement Actions ,
Federal Contractors ,
Financial Markets ,
Hospitality Industry ,
India ,
Infrastructure ,
Investment Trust Companies ,
JPMorgan Chase ,
Life Sciences ,
MGM ,
Microsoft ,
Motion To Enjoin ,
Pentagon ,
Popular ,
Publishers ,
Real Estate Investments ,
REIT ,
Sears ,
Stock Prices ,
Trade Relations ,
US Trade Policies ,
Wells Fargo
Facebook wages a war on misinformation. On Monday, Facebook announced it will start removing videos altered by artificial intelligence that are likely to mislead people into thinking that a subject of the video made...more
1/7/2020
/ Air Pollution ,
Amazon Marketplace ,
Arrest Warrants ,
Artificial Intelligence ,
Automotive Industry ,
Big Data ,
Blackberry ,
China ,
Corporate Financing ,
Data Collection ,
Data Management ,
Deep Fake ,
Environmental Policies ,
Financial Markets ,
Foreign Policy ,
Foreign Relations ,
General Motors ,
Hewlett-Packard ,
IKEA ,
Imports ,
Information Technology ,
Intel ,
Iran ,
Lost Sales ,
Motor Vehicles ,
Nissan ,
Oil & Gas ,
Oil Prices ,
Perjury ,
Popular ,
Public Health ,
Qualcomm ,
Regulatory Reform ,
Retail Sales ,
Risk Management ,
Sales Tax ,
Settlement Agreements ,
Social Media ,
Stock Prices ,
Stream of Commerce ,
Takeovers ,
Tariffs ,
Tesla ,
Trade Negotiations ,
Trade Relations ,
Trade Retaliation ,
Trade Wars ,
Treasury Markets ,
Trucking Industry ,
Trucking Regulations ,
Trump Administration ,
US Trade Policies ,
Video Recordings ,
White Collar Crimes ,
Wrongful Death ,
Xerox