Even though economic conditions were absolutely awful, during the month of June the mainstream media kept insisting that the U.S. economy was "recovering" and the stock market kept surging on every hint of good news.
Permanent business closures are rising as the economic impacts of the coronavirus-induced government shutdowns continue to ripple through the economy.
On the Tesla earnings calls, Elon Musk announced they will make a Texas Gigafactory. They have started construction this past weekend.
Among everybody's favorite "small businesses" that shut down due to the pandemic earlier this year were our fine country's strip clubs.
Gigafactory Berlin is being built on a 300 hectare (740 acre) plot of land. Gigafactory Shanghai is only being built 86 hectares (213 acres).
Why did mega-corporations accept the Covid lockdowns?
Tesla just reported its second-quarter results. Shares rose more than 4% after hours as the company beat expectations and reported its fourth straight quarter of profits.
Seen any 6-wheel delivery robots trekking about Snohomish County or Irvine, California?
The Big Apple CRUMBLES: New York retailers say the 'dead' city is now the WORST place to do business because there are no tourists or commuters in Manhattan
The gun industry has never seen anything like 2020, and the explosion in sales driven by the concerns over rising crime, protests, the coronavirus crisis, and the presidential election are expected to continue.
Delinquency rates across commercial properties have shot up faster than at any other time.
Briggs & Stratton Corporation, the world's largest manufacturer of small gasoline engines with headquarters in Wauwatosa, Wisconsin, filed petitions on Monday morning...
Red Bull has fired two 'diversity directors' who tried to force the company into virtue signaling about Black Lives Matter while also dissolving several 'culture teams' who were pressuring Red Bull to take a more aggressive 'woke' politic
It's no secret that an unprecedented implosion in US commercial real estate is underway thanks to the coronavirus pandemic. Mall operators are struggling with retailers who are unable to pay rent.
People react to Winn Dixie supermarkets not requiring masks
While Morgan Stanley continues to stubbornly repeat that the US economy is undergoing a jolly V-shaped recovery, one would be very hard pressed to observe that in either the number of airline passengers, or the commercial aerospace sector in general,
Tucson-based micro-satellite launch startup Vector Launch Inc. will be sold off in pieces this month as part of its bankruptcy case in Delaware.
It's far worse than I thought. In addition to the many links between the family that owns The New York Times and the Civil War Confederacy, new evidence shows that members of the extended family were slaveholders.
August 6 (Bloomberg) -- Bloomberg Businessweek corners legendary actor, comedian and entrepreneur Dan Aykroyd to find out why "Trading Places" is the greatest business movie of all time.
Pornhub issued a press release on Monday, indicating it will provide free advertising space for small businesses affected by the virus-induced economic crash.
If you are adamant about not wearing a mask, you are not going to like this news one bit.
Following in the footsteps of CostCo, Best Buy and Starbucks, moments ago Walmart - the world's largest retailer - became the latest national chain to require all customers to wear masks.
Travis County, Texas, where Tesla eyes a new Gigafactory, has approved the tax breaks. Now the EV maker needs to make its decision.
Coincidentally, right around the same time as Alameda County has once again been inundated with coronavirus cases, and just hours after we reported that 15% of Tesla employees have been affected by coronavirus at Fremont, the company has conveniently
If Wells Fargo plunged yesterday due to being one of the few US banks without a trading desk to offset its balance sheet woes, then Goldman was the opposite, and without much of a balance sheet to talk about (its attempts to attract subprime borrower
Another wave of lockdowns has begun, and that is really bad news for the U.S. economy.
Major US truck maker Navistar will also take a minority stake in the startup
Amazon has a new cure for long supermarket lines: a smart shopping cart.
??? A NEW CONSERVATIVE AGE IS RISING ??? Cancel culture fails again as Goya Food sales SKYROCKET in a massive BACKLASH against the Leftist BOYCOTT of the company's pro-Trump CEO!
The Economic Times, India's largest English-language newspaper, has just reported a surprising scoop: That Google-parent Alphabet Inc. is planning to enter the food delivery business, a long-anticipated move that has rivals like Uber and Grubhub very