Mustang Mach-E and Bronco SUV deliveries are delayed due to production issues Ford is delaying customer deliveries of certain Bronco SUVs and Mustang Mach-E crossovers due to manufacturing issues The delays are due to a roof problem on the Bronco SUV and a shortage of semiconductor chips for the Mustang Mach-E crossover Bill gates claims… Continue reading Business News – 08-12-2021
Category: Business News
Business News – 08-11-2021
Restaurant and retail workers have an advantage during the labor shortage for now The labor shortage has allowed many lower-wage workers to have an advantage over their employer Companies such as Target, McDonald’s, and Walmart are offering more pay or new perks in an effort to recruit and keep employees Varda Space Industries and Rocket… Continue reading Business News – 08-11-2021
Business News – 08-10-2021
Boston Beer and PepsiCo join together to create alcoholic Mountain Dew Boston Beer and PepsiCo are going on a joint-venture to create an alcoholic Mountain Dew which is expected to reach shelves by early 2022 These new drinks are a part of Pepsi’s effort to use the popularity of the Mountain Dew name to move… Continue reading Business News – 08-10-2021
Business News – 08-09-2021
Norwegian Cruise Line ruling allowing “vaccine passports” is appealed by Florida On August 9, Florida Governor Ron DeSantis has said that the state will appeal a ruling from a federal judge allowing Norwegian Cruise Line Holdings to require Miami passengers to show proof of vaccination Norwegian has said Florida’s law would prevent the company from… Continue reading Business News – 08-09-2021
Business News – 08-07-2021
Production issues cause used car prices to remain at high prices Legacy automakers like Ford and General Motors have been forced to cut production of vehicles due to the semiconductor chip shortage this year Ernie Garcia, the CEO of Carvana has said that the high used car prices will not start to fall until automakers… Continue reading Business News – 08-07-2021
Business News – 08-05-2021
Fauci says the third Covid vaccine for those with weakened immunity is high priority Dr. Anthony Fauci reports that US officials are quickly working to authorize the third Covid-19 vaccine shot for Americans with compromised immune systems Fauci has also reported that the two previous doses of the Covid vaccine did not produce an adequate… Continue reading Business News – 08-05-2021
Business News – 07-27-2021
China continues to fail at meeting agreement to reduce their US trade surplus China’s US goods purchases continue to fail at following trade agreement levels based on information from Peterson Institute for International Economics On July 26, 2021, Chinese Foreign Minister Wang Yi said that the US should remove tariffs apart of three other requests… Continue reading Business News – 07-27-2021
Business News – 08-04-2021
New eviction ban issued by CDC will be effective until October 3 For most of the United States, the Centers for Disease Control and Prevention have issued a new eviction ban which will remain effective until October The former moratorium expired last month, even as some 11 million Americans continue to be behind on their… Continue reading Business News – 08-04-2021
Business News – 08-03-2021
Starlink now have nearly 90,000 users according to SpaceX Elon Musk’s SpaceX and its Starlink satellite internet service now serves about 90,000 users around the globe According to an update by the company on July 29, they say that the service has users in 12 countries Starlink’s new user total, which appears to count the… Continue reading Business News – 08-03-2021
Business News – 08-02-2021
Cell coverage at Dallas Cowboy Stadium to improve for 2021 season Currently, the Dallas Cowboys are the latest NFL team to add new antennas to their stadium to boost cellular connectivity and speeds The team has agreed to have 20 MatSing’s antennas installed before the team’s opening on September 27 with costs of up to… Continue reading Business News – 08-02-2021
Business News – 07-31-2021
Many dog food products have been recalled after harmful substances discovered inside Dog foods brands across the nation are being recalled after concerns have risen about the products being contaminated with mold The product brands involved are Sunshine Mills, Triumph, Evolve, Wild Harvest, Nurture Farms, Heart to Tail Beng, and Elm Pet Foods according to… Continue reading Business News – 07-31-2021
Business News – 07-30-2021
Disney tells their US salaried and non-union employees they must be vaccinated by September On July 30, Disney announced that they will be requiring all employees (salaried and non-union) in the US to be fully vaccinated within the next 60 days Those employees that are working from home will also be required to provide vaccination… Continue reading Business News – 07-30-2021
Business News – 07-29-2021
IPOs in the United States will be allowed by China Chinese companies that seek to go public in the United States will still be allowed by China as long as they meet listing requirements according to the country’s securities regulator Companies like Tencent and Alibaba have seen their shares decrease drastically in the last several… Continue reading Business News – 07-29-2021
Business News – 07-28-2021
Tesla launches major change in their retail strategy Electric Car Company Tesla is currently implementing their new retail strategy where they plan to shift from their high-rent retail spaces in malls to focusing on developing more delivery centers As for the employees at closing Tesla retail stores, they will transition to working out of the… Continue reading Business News – 07-28-2021
Business News – 07-26-2021
In exchange for lunar lander contract, Bezos offers NASA $2 billion for costs Jeff Bezos, the founder of Blue Origin, has offered to give NASA $2 billion to cover their costs in exchange for a contract to construct a “lunar lander” to land astronauts on the moon Back in April, NASA has awarded SpaceX with… Continue reading Business News – 07-26-2021
Business News – 07-23-2021
“Hollywood” Production spending has seen record high during pandemic according to Georgia Film Industry According to information from the Georgia Department of Economic Development, they report a record $4 billion in spending for productions within the state for fiscal 2021 For fiscal 2021 in the state, 366 productions have been filmed, 21 feature films, 45… Continue reading Business News – 07-23-2021