BUSINESS

Clorox Names Linda Rendle As New CEO
Submitted by News Desk on

Current President of Clorox, Linda Rendle, has been named the company’s new CEO following the departure of Benno Dorer, effective later…
Read More

GDP Drops Almost 33%, Worst Decline In U.S. History
Submitted by News Desk on

The U.S. Commerce Department reported Thursday morning that the national GDP shrank 32.9% during the second quarter of 2020, the largest…
Read More

Tesla Manages To Earn A Profit Despite Pandemic
Submitted by News Desk on

Electric carmaker Tesla released its financial results for the second quarter of 2020 with many wondering if it would report a loss. …
Read More

Google And Reliance Sign $4.5 Billion Deal TO Make Smartphones For India
Submitted by News Desk on

Under a new deal that was signed last week, Google will invest $4.5 billion into Reliance Industries and the two will collaborate to…
Read More

New Unemployment Claims Drop A Little, More Than 48 Million Filed During Pandemic
Submitted by News Desk on

The U.S. Labor Department reported on Thursday that 1.3 million new jobless claims were filed this last week, a drop from 1.4 million…
Read More

Amazon To Require Sellers To Disclose Their Name And Contact Info To Combat Counterfeit Goods
Submitted by News Desk on

Amazon has announced that starting September 1, 2020 it will require seller in the U.S. to public their name, address and contact…
Read More

Most Local Independent Restaurants Expected To Fail By End Of Year
Submitted by News Desk on

70% of restaurants are small locally owned establishments and according to a new study by Compass Lexecon that was commissioned by the…
Read More

Financial Model with 90% Accuracy Says Market And Economy Higher In Less Than A Year
Submitted by News Desk on

According to Bank of America, the pandemic reduced financial sentiment is triggering a contrarian buy signal, and this model has a 90%…
Read More

AT&T Agrees To Stop Using 5G Evolution Branding
Submitted by News Desk on

The nation’s second largest wireless carrier, AT&T, has agreed to stop using what many call ‘misleading’ the 5GE or Evolution…
Read More

3.2 Million New Unemployment Claims Filed Last Week, Now Totaling Over 33 Million
Submitted by News Desk on

According to the Labor Department, another 3.2 million new unemployment claims were filed last week, bringing the total to more than 33…
Read More