Tesla Is Worth More Than Verizon
Electric vehicle maker Tesla now has a market value that is more than that of massive telecom company Verizon.
All Work
Douglas A. McIntyre
Major Car Company Relations in China Present Huge Risk for Tesla
China almost certainly will target highly visible U.S. companies if the friction that involves TicTok and WeChat worsens. That makes Tesla a possible target.
US Gun Deaths Top 25,000
So far this year, gun deaths in American total more than 25,000, and more than half of those were suicides. These deaths are increasing at an extraordinary rate.
Macy’s Still Hasn’t Recovered. Will It Be Another Retailer to Go Under?
It would be a mistake to believe that the shoring up of Macy's balance sheet will ensure it can make it through the pandemic. It must have at least some store sales to keep…
China Apple Ban Could Cost Investors Hundreds of Billions of Dollars
China blocking iPhone sales there would be the most visible way to attack the United States for its bans of Huawei and TikTok. Much of Apple's sales comes from what it calls Greater China.
Teen Unemployment Near 20%
The American jobless rate saw a sharp improvement in July. However, one group fared much worse.
The US Postal Service Has Too Many Employees
There has been a great deal of debate about the need for the federal government to step in and save the U.S. Postal Service from financial ruin. But the agency continues practices that might…
Black Unemployment Nearly 15% and Not Improving
In July, most segments of the population posted an improvement in employment. The rate among Black Americans did not improve much.
Will Jeff Bezos Pay the US Government $71 Billion? No
Three U.S. Senators have proposed a one-time tax on a handful of billionaires whose wealth greatly increased during the pandemic, including Jeff Bezos and Elon Musk. The money would help fund universal health care…
Another 48,000 Americans Will Work From Home, Which May Not Be Good
Facebook has announced that almost all of its 48,000 employees will work from home until July 2021. However, they may not want to.
Research Shows July Job Cuts Up 576% From Last Year
New research shows that layoffs announce by U.S.-based employers in July rose sharply both year over year and from June.
Who Is on Amazon’s Board, and Why
The board that oversees Amazon is small for a huge corporation. However, each member apparently has been chosen for a specific background in governance and business development.
Why Is Netflix’s Market Value Higher Than Disney’s?
COVID-19 has hit Disney so hard that its market cap has dropped to less than $215 billion. Netflix now has a market cap near $225 billion.
Ford Chairman Bill Ford Appoints His Sixth CEO
Ford Executive Chair William Clay Ford Jr. really runs the company. There are six chief executive officers over the course of his tenure (including himself) to prove it.
Who Is on Apple’s Board, and Why
Apple may not add another director for several years. It already has a group that serves it well as a multinational company that needs strong relationships overseas and people with extensive research and development…
It’s 121 Degrees in This City, and That Won’t Change Soon
The hottest place in the world right now is a city in Tunisia, where it is over 121 degrees Fahrenheit and isn't expected to cool much soon.
Retail Bankruptcy Has Become Boring
Lord & Tayor and Tailored Brands just filed for bankruptcy, adding two to the number of traditional retailers that could not make it financially this year.
How Many Gas Stations Are There in US? Why It’s Important to Know
How many gas stations are there in the United States? It's important to know for three reasons.
Tesla Shares Rose 33% in July
Tesla shares continued their extraordinary run in July, which is all the more extraordinary because the pandemic has eroded the company's sales.
US COVID-19 Deaths May Hit 200,000 by Labor Day
Over the past few days, more than 1,000 people have died from COVID-19 per day in the United States. At the current pace, the disease will kill 200,000 people by Labor Day, a figure…