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 […]

Currently, the US is going through one of its hardest phases because nearly a million people have gotten infected with deadly coronavirus. Many businesses have gone down because of it. However, while giving an interview, Treasury Secretary Steven Mnuchin said trillions of dollars lost by the country in this lockdown period would be recovered very […]

Currently, the pandemic situation is not only impacting on the health of people across the country, but also it’s weakening the overall economy. A recent report from the Labor Department shows that more than 22 million filed for unemployment, and the government is paying grants to them. The coronavirus outbreak has bent down the world’s […]

Since the start of the trade war between US-China, one company which suffered the most amount of loss is Huawei. Huawei, which is a Chinese Tech giant company, got a significant market in the Smartphone industry more quickly than US-based companies. However, since the Trump organisation decided to start a trade war, this company suffered […]

The US FCC (Federal Communications Commission) has announced that it has approved a new rule. The effort will necessitate carriers to implement protocols in order to protect customers against spoof callers and scammers trying to mask their unknown numbers. The newly-approved rule will result in a tech framework to combat robocalls. Even more, the protocol […]

When everyone is worried about only one thing in this Coronavirus because that’s the most dangerous virus in the world which so far killed thousands of people. Jeff Bezos, who is the world’s richest man and the founder of Amazon, has recently found visiting Amazon warehouses during the crisis. Jeff Bezos, on Wednesday, went to […]

Even if the US government has decided to shut down the economic activities for some time to fight against coronavirus, it’s still not sure whether the outcome will be good or bad. The US government decided to shut down measuring activities like hotels, parks, and many other people gathering places very lately. Health officials still […]

Elon Musk’s mission to Mars received a major setback after a SpaceX Starship exploded during a pressurization test at its Boca Chica facility in Texas. The next-generation SN1 vehicle was at test stand when the malfunction occurred. It was being filled with liquid nitrogen when the explosion took place. The incident was captured by several […]

Chinook Energy Inc., a Calgary-based public oil and natural gas exploration and development company, has announced that it has signed a definitive arrangement agreement. Following the latest deal, Tourmaline Oil Corp., the Buyer, has decided to acquire all the remaining stock of Chinook using cash payment at $0.0675 per share. In other words, the company […]

The Libra cryptocurrency project has just got a major boost. Canada based e-commerce company Shopify has announced to join the project. The development is important as it comes after several top companies withdrew from the project. Shopify said its decision to join the Libra Association was in line with the company’s mission. The company said […]

The global airline industry is apparently facing its worst time in a decade because of the deadly novel coronavirus. The International Air Transport Authority or IATA has stated that the impact of the virus on the airlines could be to the tune of USD 29.3 billion. Asian airlines are the most affected by the outbreak. […]

In a setback to Tesla, a German court has ordered the electric vehicle manufacturer to stop clearing forest land for the factory. The factory that will come up near Berlin will be Tesla’s first European vehicle and battery factor. The decision to halt cutting of trees is being hailed as a victory for environmental activists. […]

On Monday, an American judge has overruled Uber’s request to ban labor law of California from being effective. According to the judge, public welfare has outweighed the concerns of the company. Reportedly, Uber, the ride-hailing giant, and Postmates, a courier service provider, and other equivalent companies have had filed the petition to stop the Californian […]

E-commerce company Brandless has decided to cut about 90 per cent of its employees and has stopped accepting online orders. Brandless will remain available in select CVS pharmacy and around 10 employees will continue to work. The development comes just years after SoftBank Group Corp.’s USD 100 Vision Fund agreed to invest USD 240 million […]