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CEO of General Motors Mary Barra sets to make GM an all-electric automobile industry by 2035. The company is looking for new ventures to expand GM revenue beyond product sales. The company’s Global Innovation team is cultivating novel endeavors to address trillions worth of future markets. The GM today...
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Investing and holding wealth in Bitcoin can empower Native Americans to create self-reliant systems and be less dependent on the federal government. The world’s largest cryptocurrency also holds Wall Street’s attention now. World’s top trading bodies announced that they are fashioning a suite of indexes to track cryptocurrencies. Due...
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The United States heaves a sigh of relief as the unemployment claims drop sharply below 500,000 for the first time since the pandemic hit the global economy. According to the data released by the Department of Labor, there was a sharp drop of 92,000 claims of unemployment in the...
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Warren Buffet says that Berkshire Hathaway is going through inflation in its business collection as the economy’s bounce from pandemic booms into high gears. Buffet, the company’s CEO and chairman said that they are seeing substantial inflation. “It’s very interesting. We are raising prices. People are raising prices to...
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Consumer companies like Procter & Gamble, and Coca-Cola later this week are about to share their plans to raise their commodities’ prices. This move is meant to compensate for the shooting prices of raw materials like resin, lumber, and many more. The companies are in plans to protect their...
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Some significant names from Wall Street predict a break to the rally that is responsible for taking S&P 500 to new records currently. This prediction left investors to understand whether to lock some crucial gains or remain low for some time. Goldman Sachs’ analysts expect a shoot in the...
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Several digital currencies, including bitcoin, plummeted on Friday due to the capital gains tax hike proposal from US president Joe Biden. As of midday EST, bitcoin’s value fell nearly 7.3 percent to $49,730, as per the data from Coin Metrics. This fall happens to be the first time since...
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Foxconn, a Taiwanese electronics company, significantly scaled its factory from Wisconsin supposed to be worth $10 billion. The company confirmed stepping back from the project referred to as “the eighth wonder of the world” by former president Mr. Trump. The deal was initially announced in July 2017, amid a...
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As soon as bitcoin’s value fumbled in the weekend, fans of Dogecoin, a cryptocurrency spoof, looked forward to celebrating ‘Doge Day’ on the 20th of April. Social media networks like Reddit and Twitter saw posts from different accounts urging people to purchase digital coins as a move to celebrate...