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Business

“Toyota’s profits rise 78% on strong sales as the parts crunch eases”

“…Toyota Motor Corp.’s April-June net profit rose 78% from 736.8 billion yen the previous year, the company reported Tuesday. Quarterly sales edged up 24% to 10.5 trillion yen ($74 billion) as vehicle sales improved on-year across major markets, including Japan… Continue Reading…

Business

“Gap to lay off 1,800 workers as part of broad push to cut costs”

“Gap will lay off about 1,800 employees as part of a broad effort to cut costs and streamline operations, the company said Thursday.  The cuts, first revealed on Tuesday, are more than three times larger than the 500 layoffs it… Continue Reading…

Personal Finance

“60% of Americans live paycheck to paycheck — ‘inflation is part of their everyday lives,’ expert says”

“Despite higher prices, consumers are still spending, although not as much as a year ago, which is giving their budgets some breathing room. As of January, 60% of all U.S. adults, including 45% of high-income earners, were living paycheck to paycheck, according… Continue Reading…

Business

“Ericsson to lay off 8,500 workers as part of cost-cutting plan”

“Swedish telecom company Ericsson will lay off 8,500 workers as part of its cost-cutting measures, the company confirmed to CNBC on Friday. Reuters earlier reported on the layoffs, which will impact roughly 8% of its staff of 105,529 worldwide. The… Continue Reading…

Business, Stocks

“Microsoft buys near 4% stake in London Stock Exchange as part of 10-year cloud deal”

“…U.S. tech giant Microsoft on Monday announced a 10-year partnership with the London Stock Exchange Group and took a near 4% stake in the U.K. bourse operator. The partnership involves next-generation data and analytics, as well as cloud computing products, according to a statement… Continue Reading…

Economy

“Number of Americans involuntarily working part-time falls by 707,000 to 3.6 million, lowest level in 21 years”

“The number of Americans who want to work full-time but are forced to work part-time jobs declined in June to its lowest in more than 20 years, according to federal data issued Friday, underscoring the strength of the labor market and… Continue Reading…

Business

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

“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…

Personal Finance

“Does The Government Own Part Of Your Traditional 401k?”

“Watching your retirement account grow can be exhilarating. However, if it’s a 401(k) or individual retirement account holding pre-tax contributions, don’t forget Uncle Sam owns a portion of the balance you see.  “All too often, investors look at their traditional… Continue Reading…

Economy

“5 parts of the economy most at risk from coronavirus”

“Financial markets U.S. stocks have suffered their worst week since the depths of the 2007-08 financial crisis as investors flee for safety. All three major U.S. stock indexes have dropped at least 10 percent from their most recent peaks, abruptly… Continue Reading…

Predictions, Opinions, & Comments, Stocks

PENNY STOCK WATCH: INPIXON (INPX) [PART 2]

Remember what I wrote yesterday? PENNY STOCK WATCH: INPIXON (INPX) I hope you guys were paying attention. That stock was 8 cents yesterday. It peaked at 12 cents just a few minuets ago. Needless to say my day is going… Continue Reading…