CEO of Lucid says the start-up will be valued like Tesla in the future Peter Rawlinson, the CEO of Lucid thinks that there’s a bright future for the company and believes that the start-up’s stock and market cap will surpass tesla and other automakers Currently, Lucid’s market cap is around $73 billion and is approaching… Continue reading Business News – 11-16-2021
Tag: Walmart
Business News – 09-15-2021
First Non-profession astronauts to launch into orbit through SpaceX For the first time in the history of the company and the world, Elon Musk’s SpaceX prepares to launch 4 civilians into space The mission is named Inspiration4 and scheduled to lift off on Wednesday nit opening at 8:02 p.m ET Ford and Argo AI have… Continue reading Business News – 09-15-2021
Business News – 07-16-2021
Walmart has lost a disability lawsuit against an employee with down syndrome Filed by the US Equal Employment Opportunity Commission, Walmart must pay damages in a disability discrimination lawsuit The lawsuit was filed after a 16-year-old Walmart employee with down syndrome named Marlo Spaeth was fired after she struggled to manage her new scheduled hours… Continue reading Business News – 07-16-2021
Business News – 06-04-2021
Director of CDC is worried about rise in teen Covid hospitalizations The CDC director today (Friday) has publicly urged parents to have their tennis vaccinated against the Covid-19 virus Within the first 3 months of 2021, the CDC research team has discovered that ⅓ of adolescents hospitalized with the virus have required admission to an… Continue reading Business News – 06-04-2021
Business News – 5-27-2021
$291M has been spent with the newest round of Federal Stimulus checks The government has issued a new batch of $1,400 stimulus checks, bringing the total number of payments to almost 167 million, or about $391 billion This tranche included more than 1.8 million payments worth more than $3.5 billion Most of the payments were… Continue reading Business News – 5-27-2021
Business News – 5-18-2021
Macy’s shares rise after retailer reports surprise profit, hikes full-year outlook Macy’s reported a surprise fiscal first-quarter profit, as shoppers returned to stores to refresh their wardrobes The retailer raised its full-year outlook, citing the momentum it’s seeing in its shops and online for the heightened optimism CEO Jeff Gennette said the retailer is seeing… Continue reading Business News – 5-18-2021