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Business

“$283,927,000,000: Federal Tax Collections Set Record in October”

November 11, 2021

“(CNSNews.com) – The federal government, according to the Monthly Treasury Statement, collected a record $283,927,000,000 in total taxes in October, which was the first month of fiscal 2022. Federal spending hit $448,983,000,000 in October, which was the second highest ever for… Continue Reading…

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Business, Economy

Big News: “GE to break up into 3 companies focusing on aviation, health care and energy”

November 9, 2021

“U.S. industrial giant General Electric will split into three companies following years of seeing its stock underperform, the company announced on Tuesday. The company will be divided into separate units focused on aviation, health care and energy. GE plans to spin off… Continue Reading…

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Business

“Investors want Exxon Mobil to pivot. Here’s the oil giant’s new playbook”

November 9, 2021

“…Over the summer, investors forced a change on Exxon’s board. Since then, the company has been speeding up plans for its green economy pivot, which includes carbon capture and storage. Carbon capture is the process of capturing CO2 at its… Continue Reading…

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Business

“Berkshire’s operating earnings pop 18% last quarter with Buffett’s cash pile at record $149 billion”

November 8, 2021

“Berkshire Hathaway saw another double-digit increase in its operating profit thanks to a continuous rebound in its railroad, utilities and energy businesses from the pandemic, while the company’s cash pile hit a record high as Warren Buffett continued to sit on… Continue Reading…

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Business

“BP posts $3.3 billion third-quarter profit, beating estimates as oil prices surge”

November 2, 2021

“Oil and gas giant BP beat third-quarter earnings expectations on Tuesday, fueled by surging energy prices. The British energy major posted an underlying replacement cost profit, a proxy for net profit, of $3.3 billion for the third quarter, above analyst estimates of… Continue Reading…

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Business

“Apple sales miss expectations, Tim Cook says supply issues cost company $6 billion”

October 29, 2021

“Apple revenue fell short of Wall Street expectations in its fiscal fourth quarter on Thursday, which Apple CEO Tim Cook attributed to larger-than-expected supply constraints on iPhones, iPads, and Macs.   Apple fell under 3% in extended trading. “We had a very strong performance… Continue Reading…

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Business

“Enphase Energy jumps 20% following record quarterly revenue, but supply chain woes remain”

October 27, 2021

“Shares of Enphase Energy surged 23% at the opening bell on Wednesday after the company reported record revenue during the third quarter, despite ongoing headwinds from supply chain bottlenecks. The company, which makes microinverters and backup energy storage for solar systems, posted… Continue Reading…

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Business, Stocks

“Phunware stock surges over 1,000% early Friday as a Trump-linked SPAC heads for a 1,345% weekly gain”

October 22, 2021

“Shares of Phunware Inc. surged more than 1,000% early Friday, as a special-purpose acquisition company, or SPAC, called Digital World Acquisition Corp. , was revealed to be merging with an entity called Trump Media Technology Group. Austin-based Phunware is an… Continue Reading…

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Business, Predictions, Opinions, & Comments

How to Move Past Financial Setbacks and Start a Business

October 22, 2021

Written By Tina Martin There’s no getting around the fact that suffering financial setbacks is difficult. It’s not fun, and the prospect of overcoming the obstacles set before you can seem daunting if not impossible. But if you have dreams… Continue Reading…

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Business

“Spanx—Founded With $5,000—Is Now Worth $1.2 Billion in Blackstone Deal”

October 21, 2021

“Sara Blakely founded Spanx Inc. in 2000 with $5,000 of her personal savings earned from selling fax machines door-to-door. She just struck a deal with Blackstone Inc. that values the company at $1.2 billion…” https://finance.yahoo.com/news/blackstone-buy-majority-stake-spanx-155152406.html This just goes to show… Continue Reading…

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