BUSINESS

Tesla Buys $1.5 Billion With Of Bitcoin, Plans To Accept Bitcoin Payments
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According to Tesla filings with the Securities and Exchange Commission, SEC, Tesla plans to start accepting bitcoin as payment in a…
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Shell Announces It Is Buying Electric Vehicle Charging Network
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Shell has announced that is was buying Ubitricity for an “undisclosed” amount yesterday, giving the oil major over 2,700 on-street…
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AMC Raises $900 Million In New Capital, Says Its Not Filing Bankruptcy
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Movie theater giant AMC has announced that it has been able to raise more than $900 million allowing it to ward off bankruptcy for most…
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Cyber Monday Sets Record, Becomes Biggest Online Shopping Day In US History
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Consumers spent a whopping $11 billion in online shopping on Cyber Monday which breaks down to $12 million a minute.  Adding to the new…
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Target Stores See Huge Jump In Sales
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Minneapolis based Target has released its fiscal third quarter earning report Wednesday surprising analysts across the board with gains…
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More Malls Are Failing And Filing For Bankruptcy
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CBL & Associates have become the latest mall owners to file for chapter 11 bankruptcy, they operate 107 properties across 26 states…
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Shale Oil Producer Lonestar Resources Files For Bankruptcy
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Lonestar Resources has become the latest in a line of shale oil producers filing for Chapter 11 bankruptcy as oil prices remain well…
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Microsoft Announces Non-Subscription Office Suite For 2021
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During Microsoft’s announcement about its upcoming exchange server and Microsoft 365, the tech giant based in Redmond, WA said it plans…
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MGM Resorts Announces 18,000 Employees To Be Laid Off
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MGM Resorts International announced the lay-offs of 18,000 employees who had been on furlough, making their temporary time-off permanent…
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Chipotle Says It Wants To Hire 10,000 More Employees
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Fast-casual chain Chipotle has announced it wants to hire 10,000 new employees after it hired 8,000 in May as many cities and states…
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