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Business

Bristol City Women Appointed Strategic Leadership Reset

Quick Summary: Bristol City Women Appointed Strategic Leadership Reset Bristol City Women appointed Hannah Buckley as CEO, effective June 15, marking a strategic leadership reset. The club aims to place a...

Hochelab Secures Montreal Buildings to Preserve Affordable Commercial Spaces

Quick Summary: Hochelab Secures Montreal Buildings to Preserve Affordable Commercial Spaces HocheLab acquired two buildings...

Reanimator Gaming Launched Highlighting a Reporting Gap

Quick Summary: Reanimator Gaming Launched Highlighting a Reporting Gap Reanimator Gaming launched in Oil City,...

FTI Consulting’s $370 Million Buyback Signals Bold Confidence Amid Earnings Miss

Quick Summary: FTI Consulting's $370 Million Buyback Signals Bold Confidence Amid Earnings Miss FTI Consulting...

MTN Nigeria Complies Data More Accessible to Investors and ESG Agencies

Quick Summary: MTN Nigeria Complies Data More Accessible to Investors and ESG Agencies MTN Nigeria's...

Macy’s Furloughs Over 100,000 Employees

Macy's furloughs a majority of their workforce with 130,000 workers. Macy's announced it's furloughing most of its workforce, including nearly 130,000 employees. Workers will continue to receive health benefits until the end of May 2020. "Across Macy's, Bloomingdales, and Bluemercury brands, we will be moving to the absolute minimum workforce...

Coronavirus: Music Streaming Numbers Are Down

The Coronavirus pandemic is causing millions of people to quarantine and self isolate in their homes. You would assume since more people are spending time inside, they would be listening to more music. However, streaming music has decreased in the United States. According to analytics provider Alpha Data, NME says...

China, America and the Coronavirus & The Shared Necessity Amid a Pandemic

The United States is still doing business with China. For your information, China makes many products found on Amazon. According to the latest business information data released by Amazon, the data shows that an average of 40 percent or more of the sellers is China businesses; this data was...

Airbnb is Fielding Offers from Investment Firms

The Coronavirus is impacting Airbnb. According to CNBC, the room rental platform is looking for offers from large investment firms. As Airbnb was getting ready to go public in 2020 through an IPO or direct listing, the coronavirus crisis has the company putting that decision on hold. During this coronavirus...

Coronavirus: Facebook To Give $1,000 Bonus to Employees, Not Contractors (UPDATE)

According to The Intercept, Facebook employees will receive a $1,000 bonus but not contractors. Techcrunch estimates Facebook has 15,000 content moderators working through third-party jobbers. In a interview with the BBC, Zuckerberg stated that Facebook full-time employees will take over judgments about sensitive topics, including self-harm and suicide, in part to decrease...

Porsche Shuts Down Production for Weeks

The global Coronavirus pandemic is having a serious impact on businesses around the world. After several car shows were canceled or delayed including the 2020 Geneva Motor Show and the 2020 New York Auto Show, multiple manufacturers suspended production to reduce the spread of the virus. These manufacturers include: ...

U.S. is Now Testing Two Drugs to Treat the Coronavirus

The United States is now testing two drugs to treat coronavirus treatments. Reuters reported scientists at the University of Minnesota are testing two drugs. Hydroxychloroquine and blood pressure drug losartan are being treated to see if either drug is effective in blocking the virus's reproductive processes. "We are trying to...

U.S. Stock Market Plummets Again As Coronavirus Outbreak Spreads

The United States stock market dropped Wednesday again. The Dow Jones Industrial Averages futures are down more than 900 points, which is approximately 4%, as the stock market deals with the coronavirus pandemic. President Trump, on Wednesday, revealed via Twitter that the U.S. border with Canada would be closed temporarily, but...

People with Blood Type A are More Vulnerable to the Coronavirus (Study)

Researchers find people with Blood Type A are more vulnerable to COVID-19. A new study in China revealed people with blood type A are more susceptible to the coronavirus in comparison to other blood groups. Researchers took blood group patterns of over 2,000 patients infected with COVID-19 in Wuhan and Shenzhen...

Coronavirus: Economists Forecast Things Will Get A Lot Worse

Coronavirus is causing a disastrous impact on the economy. Now, Wall Street economists forecast things will get worse in the future. Ian Shepherdson, a chief economist at Pantheon Macroeconomics, says things will get worse. "We now guesstimate that second-quarter GDP will drop at a 10% annualized rate, after a 2% fall...

Trump: Limit Social Interactions to 10 People or Less Amid Coronavirus Outbreak

President Donald Trump suggested limiting social interactions and gatherings to 10 people or less. The number of municipalities is also calling for people to engage in social distancing due to the coronavirus pandemic is rising. On Tuesday, health officials have issued an important message for all Americans to limit...

Fitness Trackers are More Popular with Hispanics and Women (Study)

Fitness trackers are popular among Hispanics and women. According to a new study from the Pew Research Center, approximately one-in-five Americans use a smartwatch or fitness trackers, and women are more likely than men to use a fitness device. The new Pew study gives businesses, health care companies, and physicians...

Amazon Execs Defend Ring Over Privacy and Security Concerns

Amazon executives in charge of Ring doorbells claim their products are making the world safer, insisting they are not laying the foundation for a police surveillance state. Ring makes internet-connected doorbells and other smart home devices. Recently, the company was criticized for the security of their products and their Neighbors...

Australia Wildfires: Over 1 Billion Animals Feared Dead

Australia wildfires reportedly killed over 1 billion animals. Last week there was an estimate of 480 million animals killed due to the wildfires. Now, according to a report by Huffington Post, more than 1 billion animals are believed dead in Australian wildfires. University of Sydney professor Chris Dickman told the...

Army Bans Soldiers From Using TikTok

The United States Army has banned its soldiers from using TikTok on government-owned phones, arguing the Chinese-owned social media app is a cyber threat, according to Military.com. The report goes on to say it is unclear whether or not the Air Force or Marine Corps are taking similar action...

Uber and Postmates Sue California to Stop Gig Economy Law

Postmates and Uber are suing the state of California over a gig economy law that is set to take effect this week. The new law will provide gig-workers with additional employee protections. The lawsuit was filed in a Los Angeles federal court on Monday and is set to take effect...

‘Star Wars: The Rise of Skywalker’ Made $32 Million on Christmas Day

Disney announced on Thursday the latest ‘Star Wars’ movie, 'Rise of Skywalker' took home $32 million in the United States on Christmas Day, the biggest Christmas Day for any movie since ‘Star Wars: The Force Awakens’ released. ‘Star Wars: The Rise of Skywalker’ made over $500 million at the box...

Millions of Americans are Driving High, CDC Reports

Millions of people are operating a car under the influence of marijuana and driving high, according to a new report from the US Centers for Disease Control and Prevention. On Thursday, the CDC announced the Morbidity and Mortality Weekly Report. The health agency announced 12 million American adults said they...

Boeing Fires CEO Dennis Muilenburg

On Monday morning, Boeing announced the firing of the company's CEO. To replace Muilenburg, Boeing named David Calhoun. Calhoun is currently the chairman of Boeing's board of directors. Chief Financial Officer Greg Smith will serve as the company's interim CEO until Calhoun takes on the role on January 13th. "I...

Netflix Lost 1 Million Subscribers to Disney+ (Report)

Disney+ made an impact on the streaming industry, according to a recent Wall Street analyst report saying that the new streaming platform had approximately 24 million subscribers by the end of November 2019, which resulted in a net loss for Netflix. The report came from Cowen & Co., estimating approximately...

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