Business

Jun04, 2018

Google won’t renew contract with Defense Department

Google avoids PR damage Google announced on Friday that it will not renew its contract with the Department of Defense, for which it analyzed drone footage. The project, called Project Maven, was a public relations nightmare for Google. Many people…
Jun01, 2018

Unemployment levels reaching historic lows

Good news for people looking for jobs The unemployment continues to fall, reaching 3.8% in May. This is the lowest percentage since April 2000. Businesses continue to employ more workers, with job openings posting at record-highs. In fact, the year-over-year…
Jun01, 2018

Amazon tightens policy in Australia

Make way for an Amazon-Aussie standoff Starting on July 1st, Australian consumers will face more restrictions from e-commerce giant Amazon. Consumers in Australia will no longer be able to purchase goods from Amazon’s international website (the one that most consumers…
Jun01, 2018

Samsonite CEO Steps Down

Samsonite has some new baggage Luggage manufacturer Samsonite lost its CEO Ramesh Tainwala on Friday. The announcement came after short-seller Blue Orca Capital accused him of false educational background claims on his resume. Moreover, Tainwala claimed that he had a…
Jun01, 2018

Vegas casino employees going on strike

The cards are not in Vegas’s hands The unionized casino workers of Las Vegas will go on strike this week or the following. According to the union, the two most popular casinos, MGM Resorts International and Caesars Entertainment, could lose…
Jun01, 2018

GM and Softbank invest in autonomous cars

All aboard the self-driving bandwagon GM and Softbank are the most recent firms to invest in self-driving cars. Japanese holding company Softbank announced its investment of $2.25 billion into GM’s self-driving development. In December, the firm purchased a 15% stake…
May31, 2018

Warren Buffett nearly invested in Uber

Uber misses out on Buffett's investment When Warren Buffett invests in or even comments on a company, every investor takes notice. Indeed, he has the ability to send shares skyrocketing solely because he is confident in it. Further, when he…
May30, 2018

Walmart will help employees pay for college

Today is a good day for Walmart workers The company announced Wednesday that any worker that pursues an associate’s or bachelor’s degree in business or supply chain management will receive a scholarship. Employees will have to pay $1 per day…
May30, 2018

Canada buys oil pipeline

Canada creates controversy with their pipeline purchase Canadian Prime Minister Justin Trudeau announced the country will buy a 715-foot oil pipeline for 4.5 billion Canadian dollars ($3.5 billion). This project will increase oil capacity to 890,000 barrels of oil per…
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