Contrary to the promises Republicans have made to small business owners in the past, the GOP’s recently passed tax plan is not as beneficial to small businesses as was expected, with a majority of the plan only benefiting large corporations. The tax plan, which was passed through the U.S. House of Representatives and the Senate…
A Southwest Airlines Co. jetliner flying from Chicago to New Jersey was forced to touch down in Ohio after one of its windows cracked. The Boeing 737 aircraft carrier was safely landed at the Cleveland Hopkins International Airport, and all 76 passengers on board were able to quickly catch another flight to Newark, New Jersey….
Some, like bitcoin, differ from normal fiat currencies, or currencies backed by a government but without physical tender, because they are deflationary. This means that they become more valuable over time because of their finite supplies. They also have no physical component as they are solely digital. With cryptocurrency being a relatively new concept, concerns…
On April 29, T-Mobile U.S. Inc. and Sprint Corp. announced plans for a merger that will combine the third- and fourth-largest wireless carriers in the United States and will be valued at approximately $27 billion, according to The Washington Post. The resulting company would take on T-Mobile’s name and the company’s current CEO, John Legere,…
Brexit is bad for business. Brexit is good for business. There is no clear consensus on the British Parliament possibly holding a second referendum on leaving the European Union later this year, but both sides of the argument present solid evidence for their case. Holding a second referendum affects business in a negative way due…
Nintendo’s current president, Tatsumi Kimishima, announced that he would hand over his role in June to a younger executive. The consumer electronics company is based in Kyoto, Japan. Kimishima was a former banker and took the position of CEO in 2015 after the death of then-CEO Satoru Iwata. Due to Kimishima’s age, flying frequently was…
Amazon.com Inc. released its first quarterly report of 2018 and disclosed that it now has $51 billion in revenue and a $1.6 billion net income. These results left many stunned. Analysts predicted the company’s revenue would shrink, but instead, it nearly tripled last year’s same quarterly results and more than doubled net income. Wall Street…
In this day and age, going to the movies is quite expensive and is slowly becoming an outdated form of leisure time. Founded in 2011, MoviePass allows moviegoers to avoid this expense by offering them a movie a day for an affordable rate of $9.95 a month. Unfortunately, an auditor speculates that the company will…
Sears is expected to close 24 of its stores across the United States in addition to the 166 stores that the company had already announced it would close this year. These actions are a result of the trend in retail in which companies are focusing more on their online platforms than their physical stores. Business…
Consumers use the internet for a majority of their daily routines, sometimes not giving a second thought about what personal information they are sharing with online businesses and service providers. As Facebook Inc.’s leaders are currently in the hot seat for leaking the data of 87 million users to Cambridge Analytica, the political consulting and…