How has the USA's economic response been?
USA's health response to the pandemic could be called questionable with over 200,000 deaths coming from the USA alone. It has been widely criticized. However, the economic response has been amongst the best in the world. The measures not only stabilized the downturn but also sparked a massive stoc ...
The 9 richest women in the USA are not self-made
The Forbes 400 list of 2020 includes 56 women out of which only 11 are self-employed, meaning they've built it on their own or with their partners. The remaining have inherited the same from their families. Here's a list of the richest 9 who are not self-made. ...
Shell to layoff 9000 people
Royal Dutch Shell, an energy producer, said it is planning to cut 7000-9000 jobs by the end of 2200, considering the slump in demand for oil and it's pricing. About 1500 employees have taken voluntary redundancy, and the company is aiming to secure a savings of $2.2 to 2.5 billion by the end of 20 ...
35000 airlines workers may be furloughed or laid off
There have been very few industries that have managed to escape the wrath this global pandemic has unleashed upon the world. The airline industry is not one of them. The majority of the countries in the world had or still have implemented strict travel rules/ban, making it difficult for airlines to ...
8 companies to invest $71 Million in Huntsville Metro.
2020 has been one of the most challenging years of our time and the news of investing and job creation is very welcoming. The community in Alabama's Huntsville metro area sees a ray of hope as 8 companies have decided to invest $71 million, which will be creating 510 new jobs. Read more on this he ...
749000 jobs added in private sector in September.
As per ADP's report on Wednesday, private-sector job count grew by 749000, way higher than the expected 600000 from a Dow Jones economist survey. Trade, transportation and utilities, manufacturing, hospitality and leisure, education, and health services were the top sectors in this count. Construc ...
Disney to lay off 28000 employees
Disney's theme parks have been one of it's most lucrative businesses, providing huge profits. This has changed since the world started facing a global crisis. The company reported a quarterly loss of $5 billion. This is the first time since 2001 that they have seen a quarterly loss. This has pushed ...
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