Industry News August 2, 2020
United Airlines plans furloughs, 36,000 jobs at risk without second bailout
Chicago-based United Airlines warned its pilots in an internal memo that there may be more furloughs both this year and…
Business August 2, 2020
COVID-19 puts Amazon growth on steroids, Q2 earnings surge
Amazon’s second-quarter earnings on Thursday crushed every analyst’s estimates according to reporting by Business Insider. Shares of Amazon popped, as…
America August 1, 2020
Splashdown set for August 2 for Crew Dragon
The SpaceX Crew Dragon Demo-2 mission has been successful so far and it’s a tribute to NASA’s Commercial Crew Program. …
Science & Technology August 1, 2020
Trump plans on banning TikTok as early as Saturday
On Friday, President Donald Trump told reporters he plans on banning Chinese-owned TikTok entirely from the United States as early…
Mergers and Acquisitions August 1, 2020
Microsoft enters early talks to acquire TikTok US operations
Technology giant Microsoft has reportedly entered into preliminary talks to acquire the U.S. based TikTok division, owned by Chinese parent…
Industry News August 1, 2020
FCC approves Kuiper satellite broadband deployment plan
Yesterday, the Federal Communications Commission (FCC) approved Amazon.com Inc’s plan to build a network of over 3,200 satellites. Project Kuiper will provide…
Science & Technology August 1, 2020
Apple, Google, Facebook, and Amazon revenue exceeds expectations
Although U.S. stocks closed lower for the day, Apple, Google, Facebook, and Amazon were once again in the spotlight. Shares…
Financial Investigations August 1, 2020
SEC charges former Georgia state legislator Dean Alford in Ponzi scheme
The Securities and Exchange Commission (SEC) filed a complaint against Clarence Dean Alford, a former legislator and a former Board…
Business August 1, 2020
Tyson Foods accused of false advertising, FTC urged to investigate
Tyson Foods could face an investigation by the Federal Trade Commission (FTC) after two national advocacy groups accused the company…
Financial Investigations August 1, 2020
Apple co-founder sues YouTube over cryptocurrency scams
YouTube faces lawsuits as complaints pile up over billions lost in video giveaway cryptocurrency scams. Prosecutors argue the company has…
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