Can Uber Stock Maintain the Lift From 3,500 Layoffs?
Uber has run out of ways to attract riders while the spread of COVID-19 requires safety rules and social distancing. Revenue has collapsed.
Uber has run out of ways to attract riders while the spread of COVID-19 requires safety rules and social distancing. Revenue has collapsed.
U.S. carmakers believe that they need to begin to make cars again or wait on the sidelines while their cash balances are depleted. Will they put the health of factory workers in jeopardy?
Only three U.S. public companies have market valuations of over $1 trillion. To stay in the group, Apple will need to do more than just sell iPhones.
The long list of competitors means that AT&T does not have an easy road to a dominant place in the new streaming industry.
When the New England Patriots let go of Tom Brady, the greatest quarterback in NFL history, and he joined the Tampa Bay Buccaneers, the Pats probably never thought it would cause their ticket prices…
U.S. Deaths Near 80,000 According to the Bing Covid-19 Tracker, global cases have reached 4,024,737. Active cases hit 2,369,570, up 32,361. Recovered cases moved 1,375,854, higher by 56,548. Deaths hit 279,313, up 4,658. At…
Many teenagers count on summer jobs to supplement income for the balance of the year. For a huge number, that opportunity is lost this year.
The average age of a car on the road in America is over 11 years. This poses a nearly impossible dilemma for manufacturers as they try to get sales back to former levels.
The argument that the U.S. Postal Service is too large has been around for decades.
Walt Disney Co. has been one of the great U.S. entertainment companies for nearly a century. But with many of its theme parks shuttered, Disney’s long-term future is in doubt for the first time…
GM has started to offer 0% APR financing for 84 months for cars and trucks sold at its big Chevy division. The question is, do people want to own a vehicle for seven years?
Global Manufacturing PMI as reported by IHS Markit, dropped to an 11 year low as all nations but China suffered sharp drops in factory activity. China’s improvement was negligible. According to IHS officials who…
The Ford family can't afford to see its namesake company implode, and with it the fortune they have enjoyed for over 100 years.
J.C. Penney, Gap and Macy's are all on the ropes. Together they employ more than 340,000 people, and their fates depend on how long the economy is shut down.
According to the Bing Covid-19 Tracker, global COVID-19 cases have reached 3,428,422. Active cases hit 2,091,402, a surge of 45,262. Recovered cases moved to 1,093,189, up 36,863. Deaths reached 243,831, a jump of 5,005.…
Over the past four weeks, confidence in electric car company Tesla has improved, while traditional manufacturers are considered to be in deep trouble.
Trouble Moves To New Jersey, Spain Cases Top 200,000 According to the Bing Covid-19 Tracker, global COVID-19 cases reached 3,346,297. Active cases hit 2,051,145, higher by 47,878.Recovered cases moved to 1,056,326, a surge of…
Global Active Cases Pass 2 Million, Questions Arise About U.S. Accuracy According to the Bing Covid-19 Tracker, global COVID-19 cases reached 3,269,667. Active cases hit 2,014,922, up 27,315. Recovered cases moved to 1,021,185, a…
Over the next two months, Macy’s Inc (NYSE: M | M Price Prediction) will open all 775 of its stores. This includes its Bluemercury outlets. The company’s CEO Jeff Gennette says he does not…
NASCAR will restart its race schedule on May 17 with a 400-mile race at Darlington Raceway. The track holds 47,100 fans. The seats will be empty as protection against the spread of COVID-19. What…