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Business

“Amazon has banned over 600 Chinese brands as part of review fraud crackdown”

September 20, 2021

“Have you noticed some well-known tech accessory makers disappearing from Amazon? Those aren’t just rare incidents — they’re part of a larger campaign. In a response to The Verge, Amazon has confirmed a South China Morning Post report that the internet giant has banned over 600… Continue Reading…

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Business, Economy

“House Democrats propose top 39.6% tax rate at these income levels”

September 14, 2021

“House Democrats have proposed a top marginal income tax rate of 39.6% for individuals, part of a sweeping change to the tax code to fund climate investments and an expansion of the U.S. safety net. That rate, an increase from… Continue Reading…

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Business, Investing, Real Estate

“Soros says BlackRock’s China investments likely to lose money – WSJ”

September 7, 2021

“Billionaire investor George Soros said BlackRock Inc investing billions of dollars into China now is a “mistake” and will likely lose money for the asset manager’s clients, according to an opinion piece in the Wall Street Journal. “Pouring billions of… Continue Reading…

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Business, Economy

Trend: Auto Sales Seem To be down Across The Board

September 6, 2021

I was looking through the news and seen some what of a trend. “Japanese automakers’ China car sales tumbled in August” https://finance.yahoo.com/news/japanese-automakers-china-car-sales-083033156.html “Ford’s U.S. sales decline 33% in August as chip shortage devastates auto industry” https://www.cnbc.com/2021/09/02/fords-us-sales-fall-33percent-as-chip-shortage-devastates-auto-industry.html “Russia’s August auto sales… Continue Reading…

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Business, Economy

“Why Are So Many Americans Leaving Their Jobs Right Now?”

September 2, 2021

“A Microsoft survey of more than 30,000 global workers showed that 41% of workers were considering quitting or changing professions this year. Among all sectors, retail has had the most resignations. Almost 650,000 retail workers quit just in April, according… Continue Reading…

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Business, Stocks

“Robinhood Stock Drops After SEC Chairman Warns on Payment for Order Flow”

August 31, 2021

“…Robinhood shares closed 6.9% lower after Barron’s published an interview with SEC Chairman Gary Gensler in which he said a full prohibition of payment for order flow was “on the table” as part of a broader agency review. Robinhood’s stock was briefly… Continue Reading…

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Business

“Americans are changing who they turn to for financial advice”

August 30, 2021

“About 26% of Americans say their most trusted source for financial advice this year is a financial advisor, according to a recent survey conducted by The Harris Poll on behalf of Northwestern Mutual. The survey includes responses from over 2,300 individuals. That’s… Continue Reading…

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Business, Economy

“Samsung to Hire 40,000 in $205 Billion Three-Year Spree”

August 25, 2021

“Samsung Group has unveiled a 240 trillion won ($205 billion) expansion that will entail hiring 40,000 people over three years, a sprawling investment blueprint intended to build the South Korean conglomerate’s lead in next-generation technologies…” https://finance.yahoo.com/news/samsung-create-10-000-jobs-060421527.html I hate to say… Continue Reading…

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Business

“Why PepsiCo just sold its Tropicana and Naked juice brands for $3.3 billion”

August 5, 2021

“PepsiCo announced it will sell Tropicana, Naked and other select juice brands to private equity firm PAI Partners. The company will net $3.3 billion in after-tax proceeds from the deal, and also retain a 39% stake in the newly formed joint venture. Johnston… Continue Reading…

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Business

“Foot Locker to buy two shoe store chains for $1.1 billion”

August 2, 2021

“Foot Locker will buy two smaller shoe store chains for a total of about $1.1 billion in cash, the footwear retailer said on Monday as it looks to expand its business beyond malls and extend its reach in Asia. The company… Continue Reading…

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