Business

Aug02, 2018

Huawei becomes second largest smartphone seller

Huawei is thriving…for now Chinese smartphone manufacturer Huawei announced this week that it has surpassed Apple as the second largest mover of smartphones. The company reported that in the second quarter of this year, they sold roughly 54 million phones,…
Aug02, 2018

The NBA Strikes a Deal With Casino Giant MGM Resorts International

Both the NBA and WBNA have signed a deal with MGM Resorts International regarding access to sports data. Sports betting across the U.S. is branching out of Las Vegas and this deal is a win for the casino giant and…
Aug01, 2018

New York State Bans Charter Cable Provider

The State of New York has decided that they no longer want any part of one of the largest cable providers in the United States, Spectrum. New Yorkers feel that “this is pretty radical,” says Aija Leiponen, a professor of…
Jul20, 2018

New York City Airbnb Hosts Hit Hard With New Regulations

The New York City Council has advanced new regulations regarding short-term rentals like Airbnb. The bill intends to force Airbnb hosts to register with New York City’s Office of Special Enforcement. The bill was proposed back in May. The City…
Jul20, 2018

Jeff Bezos Reaches New Net Worth After A Successful Prime Day

Jeff Bezos, the founder and chief executive officer of Amazon, hit a new net-worth record at $151.4 billion. Following strong sales on Amazon Prime Day, Forbes reported that Bezos’ worth reached its peak during the 36-hour period. Amazon shares increased…
Jul19, 2018

JetBlue Founder David Neeleman Starting a New Airline

The founder of JetBlue Airways, David Neeleman, bought 60 Airbus A2220-300 commercial jets and is starting a new airline. The 60 planes cost him $5.4 billion and Neeleman plans on launching the airline by 2021. Neeleman issued the following statement:…
Jul18, 2018

Adidas Vows To Only Use Recycled Plastics By 2024

Large companies are racing to become more sustainable and environmentally friendly. In the past, companies like Patagonia and REI have focused their marketing strategies on giving back to the earth. Now, non-outdoors sportswear companies are joining in on the breath…
Jul17, 2018

Pence Family’s Old Gas Chain Is Costing Tax-Payers Millions

Remnants of the collapse of Kiel Bros. Oil Co. in 2004 is costing tax-paying Americans. The father of the Vice President, Edward Pence, grew the gas station chain from a small-town vendor in Columbus, Indiana to an oil empire of…
Jul16, 2018

Pininfarina Designs $2 million EV Hypercar

Automobili Pininfarina, the car manufacturing company that produces Ferraris in Germany, announced that they will be building a $2 million electric hypercar. The blueprints of the new luxury vehicle present a thin, sleek, two-seater with a single beam of light…
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