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Vox Media is preparing for 'company-wide layoffs' in what could amount to hundreds of employees, after missing 2nd quarter forecasts by 40% - putting it on course to miss its full-year target by 25%, according to CNBC.
Due to an ongoing, and in some respect, a worsening nationwide coin shortage, The Kroger Company has stopped returning coins to cash-paying customers.
On Tuesday, Virgin announced a 1.2 billion-pound ($1.5 billion) rescue package that includes about 170 million pounds from U.S. hedge fund Davidson Kempner Capital Management and 200 million pounds that Branson got from diluting his stake in Virgin G
American Airlines does not have the financing for Boeing 737 Max aircraft it ordered.
The new rules make it easier for small businesses to file for chapter 11. And they are.
SiriusXM is buying Stitcher for $325 million
Tesla announced that the 2020 Annual Shareholder Meeting and the long-awaited Battery Day will be both held on Tuesday, September 22, 2020.
Nordstrom June 3 notified landlords of its full-line and off-price Rack stores that it will pay only half the occupancy costs for the remainder of the year, according to a letter from President of Stores Jamie Nordstrom to property owners, which was
Summary: Louisiana closes all bars, limits size of outdoor gatherings as virus case spike
After escaping communism in Albania 30 years ago, Merita Kraja came to the United States, became a citizen, and opened a small business--Euro Pizza Café in Fountain Hills, Arizona. Her restaurant thrived for two decades, but then local law enforcem
Offering an early glimpse of what the Q2 earnings season might be like, Walgreens Boots Alliance kicked things off ...
It's pretty ironic that the SEC's punishment ended up indirectly generating over $50 million for Musk.
With Covid-19 cases surging in the US and in other countries, airline industry ticket sales for both domestic and international flights are declining again, as demand has turned south, according to a presentation to employees by United Airlines, file
Tesla is trading at a valuation of over $250 billion.
What is the Establishment? Why, that's easy, you say: the Establishment is those persons, taken collectively, who run the System. But who are "those persons"? What are their names? What, if anything, do they have in common?
Based on new documents released by the Treasury Department, The Ayn Rand Institute applied for and received a government handout in the form of a Paycheck Protection Program (PPP) loan somewhere between $350k and $1 million following the COVID-19 pan
Over the next year, Airbus needs to reduce its airliner business workforce with 15,000 positions. Boeing is in similar shape. "COVID-19 Adaptation Plan"
The retail giant's rival to Amazon Prime will reportedly cost $98 a year.
This could put the ride-hailing company in direct competition with Instacart.
Yesterday and today, for the first time in my life, I watched the mainstream media in order to understand what people, who are clearly INCAPABLE OF CRITICAL THINKING, allow CNN to brainwash them with. I was an experiment in tapping into the intellect
Tesla is trading at a valuation of over $250 billion.
June does not appear to be shaping up to be the month where Chinese auto sales "bounce back". Dealing with recessionary headwinds pre-Covid, the world's largest auto market has been decimated by --
The majority of restaurant owners around the city did not pay their entire rent in June, with 36% skipping out on it altogether, as the coronavirus pandemic continues to make it harder for eateries to survive, a new survey found according to Commerci
In what is becoming the ultimate display of hubris - or perhaps a purposeful distraction from the Ghislaine Maxwell photograph that is making its way around the internet faster than coronavirus is spreading across the world-
"Things Don't Look Good In Las Vegas" - Nevada Suffered Biggest Economic Blowback From COVID-19
Nationwide COVID-19 lockdowns led to the collapse of the restaurant industry has disrupted critical food supply chains, such as potatoes, which had nowhere to go.
America's Small Business Owners Have Been Horribly Abused During These Riots and Lockdowns. That Will Have Consequences
Remember last earnings season? When companies were reporting their worst quarter since the financial crisis. And nobody dared guess what the future held. Bankruptcy risk was everywhere. Oh, and stocks rallied so hard that $5 trillion got added to sha
In May, readers may recall we said social distancing would revive drive-in movie theaters in a post-corona world. And boy, were we right.
Some sayings pop up again and again in shipping circles: "The way to make a small fortune in shipping is to start with a big one." "Moving cargo is what you do between buying and selling ships." "If analysts say the mar
