Airbus to Slash 15,000
Due to the sharp fall-off of commercial aircraft demand, brought on by the nosedive of travel, Airbus plans to cut employees, the number of which is equivalent to a small city.
All Work
Douglas A. McIntyre
Asia’s Economy to Shrink for the First Time ‘in Living Memory’
It is 90 years since Asia started growing economically, and that period has come to an end, according to the International Monetary Fund.
Why Amazon Is World’s Most Valuable Brand, Followed by Apple and Microsoft
Amazon has the world's most valuable brand, according to the new BrandZ 100 Most Valuable Global Brands 2020.
For Europe, 300 Million Tourist Visits at Risk
Tourism, a mainstay of the European economies for decades, has started to wither. It almost certainly will not return to the levels of the past several years for a very long time.
Bing COVID Tracker 6/28/2020 (8:20 AM): Hard-Hit States Still in Northeast, UK Numbers Remain Troubling
According to the Bing Covid-19 Tracker, global confirmed cases have reached 9,891,727, up 126,730..The figure has surely moved above 10 million very recently.. For weeks, the U.S.,UK, and most of Europe had a drop…
Nike Prepared to Cut Jobs as CEO Gets $45 Million Payday
Does Nike's new CEO have a financial or moral obligation to contribute back to the company any of his unbelievable compensation?
Volvo, Audi Hammered in New Car Quality Study
Luxury brands Volvo and Audi, which market themselves as among the best-made cars sold in America, did very poorly in the J.D. Power 2020 Initial Quality Study.
Macy’s CEO Gennette Made $10 Million and Cut 3,900 Jobs
Macy's will cut 3,900 jobs as part of a cost-cutting effort. Its CEO made 461 times the median compensation of his workers last year.
Over Past 15 Years, a Quarter of US Newspapers Have Folded
An extraordinary quarter of all American newspapers have closed in the past 15 years. Many others are on their last legs.
Ford’s Wildly Successful Pickup Cannot Save It
While the F-150's success is at the heart of Ford's financial performance, the new version will do little to pull Ford out of its deeply troubled position.
Amazon Ad Revenue Set to Soar in 2020
As ad revenue continues to decline due to the spread of COVID-19, there will be one winner: Amazon.com.
5 Baseball Teams Could Lose Over 3 Million Fans in Ballparks
Five Major League Baseball teams probably will watch their fan attendance drop from over 3 million a year to zero.
COVID-19 Deaths Pass Annual Alzheimer’s Deaths
COVID-19 deaths in America have hit 121,766 so far this year, more than the number of Alzheimer’s deaths over the course of a full year.
Bing Covid Tracker 6/21/2020 (8:16 AM) U.S. COVID Deaths Move Ahead Of Annual Alzheimer’s Deaths
According to the Bing Covid-19 Tracker, global confirmed cases have reached 8,546,919, up 146,599. The daily increase has been consistently above 100,000 for over a week. While confirmed case growth has slowed in the…
Nebraska’s 5.8% Unemployment Rate Is Lowest in America
The U.S. Bureau of Labor Statics says that Nebraska's unemployment rate was the lowest in the country last month.
Nevada’s Jobless Rate Tops 25%
Nevada employment was particularly hard hit because of the hospitality industry, mostly centered in Las Vegas. Gambling in the city was shut down, and with it, countless restaurants and hotels.
These 8 Counties Are Named After Robert E. Lee
The controversy over statues of Confederate generals and military bases named after them extends well beyond these to the names of towns, streets, schools and counties.
HSBC Plans to Fire Equivalent of Small American City
HSBC will move forward with the 35,000 layoffs it delayed due to the COVID-19 pandemic. That is more than the population of Stevens Point, Wisconsin.
Here’s How to Break Apple Apart
Apple could be broken into two pieces to satisfy European antitrust authorities by dividing its hardware and services businesses.
Bing COVID-19 Tracker 6/17/2020 (7:24 AM): US Deaths Top 118,000
According to the Bing COVID-19 Tracker, the number of global cases has reached 8,176,296, up 140,932 since yesterday. The daily increase now is routinely above 100,000. Also, daily confirmed cases worldwide have started to grow…