The US Department of the Treasury and the Internal Revenue Service (IRS) have issued long-awaited rules on how the Advanced Manufacturing Investment Credit (AMIC) will […]
Category: Business
General Motors Q3 Earnings Preview: Analyst Warns Of ‘Rising Earnings Headwinds’
Analysts caution investors as General Motors stands at the threshold of declaring its third-quarter earnings. Everything, from disrupted supply chains to soaring costs-all will put […]
Buybuy Baby Closing All Stores, Transitioning to Online-Only Business Model in Strategic Reset
In the case of many Buybuy Baby stores –a large retail store selling baby products– all the physical stores have been shut down in the […]
SpaceX’s Falcon 9 Launch in Southern California Causes Sonic Boom Alert
SpaceX, the private aerospace company run by Elon Musk, successfully launched a Falcon 9 rocket from Vandenberg Space Force Base in Southern California. But Friday […]
End of an Era: Last Full-Sized Kmart in Continental U.S. Closes
Longtime American retail pioneer Kmart has now come to the end of a long road. Kmart store, at the time in Bridgehampton New York closed […]
Prominent Black CEOs Warn Companies Against Abandoning DEI
Former Merck CEO Ken Frazier and former American Express CEO Ken Chenault sound the alarm that companies considering retreats from their Diversity, Equity, and Inclusion […]
Netflix’s Subscriber Growth Slows, but Profits and Stock Surge
Netflix remains very healthy despite a slowdown in subscriber growth, with rising profits and stock prices. They moved their strategy from the rapid growth of […]
U.S. Opens Applications for $900 Million in Funding for Small Nuclear Reactors
The US government has now opened itself up for applications for $900 million that will go to funding the design of small modular nuclear reactors […]
Gold Prices Rise as Treasury Yields Decline; U.S. Retail Sales Data in Focus
Gold Prices Edge Higher Amid Falling Treasury Yields Gold was up slightly on Wednesday as U.S. Treasury yields declined, supporting the safe-haven metal. The latest […]
Asian Stocks Decline as Tech Sector Tracks Wall Street’s Losses
Asian markets mimicked a recent downfall on Wall Street and this downfall was largely led by technology-based companies. The tech stocks in Asia plunged after […]