Economy news

Faraday Future Ends Plant Construction In Nevada

Faraday Future Ends Plant Construction In Nevada

Silicon Valley startup Faraday Future has canceled its plans to build a $1 billion factory in Nevada. Stefan Krause, Faraday’s chief financial officer, announced in a statement, “We have decided […]

Hackers Target Power Plants Across America

Hackers Target Power Plants Across America

Hackers believed to be working for a foreign government recently breached at least a dozen U.S. power plants. The Department of Homeland Security and Federal Bureau of Investigation said they […]

Amazon Exploring New Food Technology To Eliminate Refrigeration Needs

Amazon Exploring New Food Technology To Eliminate Refrigeration Needs

Amazon.com Inc. (NASDAQ:AMZN) is exploring ways to produce tasty prepared meals that do not need refrigeration. The cutting-edge food technology would be a major step forward for the company. The […]

Macy’s Ramps Up Restructuring After Dismal Holiday Season (NYSE:M)

Macy’s Ramps Up Restructuring After Dismal Holiday Season (NYSE:M)

Macy’s executives are not happy with the way the 2015 holiday season went. The company reported that its stores suffered a significant sales decline during the holiday season. Sales at […]

Google Announces $500 Million Purchase Of Skybox Imaging (NASDAQ:GOOGL

Google Announces $500 Million Purchase Of Skybox Imaging (NASDAQ:GOOGL

Google has made an announcement detailing its agreement to purchase Skybox Imaging for the price of $500 million. Skybox, a provider of high-quality satellite images, was founded in 2009 by […]

Chairman of Lotte Receives Suspended Sentence

Chairman of Lotte Receives Suspended Sentence

On Friday a court in Seoul found Shin Dong-bin the Chairman of the Lotte Group guilty of embezzlement and breach of trust and promptly gave him a prison sentence of […]

Finding a successful climate for your small business

Hard work is important, but your skills, experience and effort aren’t the only factors that go into the success or failure of your small business.  Small businesses and new entrepreneurial […]

Raw Cashew Pieces Recalled by Trader Joe’s for Risk of Salmonella

Raw Cashew Pieces Recalled by Trader Joe’s for Risk of Salmonella

Lovers of cashews might need to read this one. Trader Joe’s has issued a recall that went out on January 15 for the product known as Raw Cashew Pieces, due […]