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Business October 28, 2022

Amazon Shares Plunge 8% After Sluggish Sales Forecast

Amazon shares slumped more than 8% on Friday, a day after the firm projected sales in the holiday quarter would be far below expectations. Amazon shares recovered from earlier Friday…

By – Rochdi Rais
Latest news
Business October 27, 2022
Brooklyn Union v. Century Contamination Case-Verdict In Favor of Policyholder

In the case of Brooklyn Union v. Century Indemnity, in the New York Supreme Court for New York…

By Samuel Lopez
Business October 27, 2022
Elon Musk Laid Off Twitter’s CEO And Many Employees On His First Day in The Company

On Elon Musk’s first day as owner of Twitter, the social giant began laying off employees, including data…

By Rochdi Rais
Business October 27, 2022
Dogecoin Adds 44% Following Elon Musk’s Takeover of Twitter

Shiba Inu inspired cryptocurrency dogecoin has skyrocketed as much as 44% since Monday as the Elon Musk-Twitter era…

By Rochdi Rais
Business October 27, 2022
The Fed Is Unlikely To Pivot From Its Path Of Interest Rates Until The End of 2022, Says JPMorgan Strategist Julia Wang

The Fed won’t draw back from its path of interest rate hikes until the end of next year…

By Rochdi Rais
Business October 27, 2022
The Fed Is Expected To Hike Rates Further, According to a Bloomberg’s Survey of Economists

The Fed is expected to hike rates further and drag the global economy into a recession, according to…

By Rochdi Rais
Business October 26, 2022
San Francisco Bay hit by 5.1 magnitude earthquake 

The San Francisco Bay Area was rattled by the biggest earthquake to strike the region since 2014. The…

By Jackie Allen
Business October 26, 2022
US Intervenes In Lawsuit Against Cigna alleging Medicare Fraud

This is the case of U.S. v. Cigna Corp. et al., in the U.S. District Court for the…

By Samuel Lopez
Business October 26, 2022
Skywatchers: Comparing solar eclipse images from Earth and from Mars

A partial solar eclipse was visible on October 25 in parts of Europe, North Africa, the Middle East,…

By Jackie Allen
Business October 26, 2022
Wash. Couple Wins Small but Quick Fire Loss Coverage Suit Against Insurer

A federal judge in Washington found that an insurer breached its contractual obligations by not timely paying an…

By Samuel Lopez
Business October 26, 2022
ProShares’ Bitcoin Futures Fund Has Caused a Record $1.2 Billion Loss To Investors In its 1st Year

The first publicly-traded bitcoin futures fund has burned a record billion-dollar hole in investors’ pockets during its initial…

By Rochdi Rais

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