The coronavirus’s pandemic situation has negatively impacted many businesses, and small companies who can’t bear the losses have even filed for bankruptcy. But, when it comes to tech companies, they perform better than ever during these hard times. Recently tech companies’ stocks on wall street soared up with a significant margin that shows the substantial […]

When it comes to ride-sharing startups, Uber and Lyft dominate this industry for sure. However, they face various problems, including various state attorneys. Now according to recent reports, California has ordered Uber and Lyft to consider their drivers as the employees of the company. A California Attorney general a few days ago filed in the […]

The auto rental company Hertz is reportedly going to file for bankruptcy soon, and the reason is it failed to raise money publicly. Hertz, which was supposed to raise $500 million by selling stocks publicly, has been unable to do so. After the company’s recent controversial comments about how the shares are going to be […]

The CEO of the famous CrossFit fitness brand in the US has decided to leave as the CEO of the company after getting lots of backlashes for his controversial tweets. CrossFit, the US-based fitness brand, has lots of partnerships, endorsement, and many other things because of the company’s CEO’s controversial tweets about the ongoing hot […]

Because of the lockdown, airline companies shut down their businesses, which negatively impacted their business. But, now things are getting back on track slowly but effectively because airline companies have resumed their services after a long period. Although the services have ultimately returned, American Airlines recently said they are slowly going to start all of […]

The whole united states of America is currently going through a challenging yet changing phase because everyone is nearly in support of the black lives matter protest. A few days ago, Jeff Bezos also came into the support of ongoing support by putting a banner on the Amazon website that says “black lives matter”. The […]

The political, and business war is still going on in between the world’s two largest nations China and USA. Chinese officials have trolled the US over the ongoing protests done by people for the protest of a black man’s murder in the custody of police officers. Chinese officials trolled the US for not handling the […]

Even though the government is starting an economy again, things are quite harsh in all other sectors, considering the rate of unemployment increases significantly in the country. Latest report showed that last week, more than 2.1 million people filed for unemployment, which would increase in the upcoming rate. The data shows the percentage of unemployment […]

Since the coronavirus pandemic happened, people have lost their jobs and are filing for unemployment rapidly from the last few days. Now a recent report on this subject shows us that more than 3 million people have filed for unemployment. Since the coronavirus pandemic situation has happened, more than 42 million have reportedly filed for […]

The visionary entrepreneur Elon Musk who is famous for running SpaceX and Tesla Inc., said the success he got in America is quite huge, and no other country would have helped to achieve it. Musk, who was quite interested in science, started Spacex in 2002, and year after that, Tesla. SpaceX is soon going to […]

The car rental company Hertz filed for bankruptcy recently, which shocked not only investors but their customers also. The famous car rental company Hertz has principal offices in Estero, Florida, and has more than 10000 franchises all over the country. Before filing for bankruptcy, the company has reportedly going to pay a considerable amount of […]

The tech giant company Google is trying to reopen the offices from July 6 and will be welcoming some of its staff. Since the reopening of the economy is going to be done, and it’s necessary, Google has decided to open the offices from July 6. Google is reportedly going to work at only 10% […]

The trade war situation between US-China is not slowing down, and because the current pandemic situation in the US is getting harder. The recent report shows that the US government decided to put a stop on exporting semiconductors to Chinese tech giant company Huawei. Now the decision to cut off the supply of semiconductors to […]

The majority of the businesses have gone down, and not providing jobs it’s affecting people severely. Now according to Atlanta Federal Reserves, things might get an ugly turn in the next quarter. According to the Federal Reserve of Atlanta, the US is going to see a sharp decline of more than 42% From April to […]

Tech industry is the major backbone of our country’s economy, and since everyone’s working from home, some tech companies are trying to implement this system for a further period. A recent observation made on some tech companies shows us that they are trying to extend the work from the situation for an additional extended period. […]

The legendary investor Warren Buffett who runs Berkshire Hathaway firm addressed all the shareholders through a video conference for the first time. Berkshire Hathaway Shareholder meeting is famous for Buffett sharing his insight on investing, and other things. Warren Buffett started this meeting by saying that America will fully bounce back when the pandemic situation […]

Automobile giant company General Motors have shut down their manufacturing plants in the country, and that’s affecting many people’s livelihood. However, in a recent memo sent by the company to UAW members, they talked about restarting manufacturing plants by the end of May 18. The notice sent to UAW members was released in the press […]

Every business analyst predicted that the number of unemployment cases would be increased if the government decides to give more compensation and benefits. A recent report from the Labour Department shows the same thing happening in Washington because there has been a 450% increase in unemployment claims made by the people as a result of […]

Considering the current situation, the US government is thinking of reopening the economy, and many companies want it too. Big companies are trying to find out how to deal with the current pandemic situation by considering adverse impacts on their business. Corporates in China are reopening slowly, and they are implementing new strategies of how […]

The Federal government is also trying to make things alright by planning the reopening of the economy while considering the present worse condition, state government demanding a bailout from them. There are some state governments which are blaming the Federals government for not giving them required assistance during this pandemic situation. Since these statements have […]