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Latest banking, trade, company, brands, financial and economic news of the United States and our partners

Goldman Sachs Warns Biggest Retraction in History

Stable gold and volatile bitcoin today are the best assets with high growth dynamics, as practice shows. The situation is associated with a natural...

Regeneron & Eli Lilly Share Prices Get A Lift From US President’sEndorsement

It is absolutely amazing in the world of business what an endorsement can do. It is especially so when that endorsement is...

Tesla Rolls Out Its Own Tequila

Not unknown for controversy this brand just rolled out its own alcoholic drink and not at a cheap price. However, that did...

Treasury Secretary Demands Remaining Funds From Cares Act Be Returned

The US Treasury has decided to stop all funding programmes currently in force from the early parts of the year. Funds leftover...

“Immoral” Amazon Will Face Legal Consequences

It looks like Amazon is once again under fire for getting carried away with putting customers first. The company is currently dealing...

Ford Shuts Down Production In Chicago Stamping, Its Fourth Factory So Far

Sad news from Ford Motor Co. The company will temporarily close its fourth plant from May 27. This time was closed Chicago...

Century-Old Rental Company Hertz Files for U.S. Bankruptcy Protection

Hertz Global Holdings has applied for financial assistance to protect businesses from the COVID-19 negative effects. It happened on Friday 22 May. As a...

Disney Announces Massive Layoffs Even Bigger Than Previously Stated

A giant in the business world for generations it is now case of how hard have the mighty fallen. The pandemic has played...

No Hollywood Premiers, No Show: AMC Theaters Refuse To Reopen

As business outlets across the U.S. begin to take risks and open their doors again, the movie theater chain AMC says it will not...

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