Category: Business

Global Economy Worries Explode

07/9/2019

Worries about the global economy were relatively contained until today when BASF, the German chemical manufacturer connected to the semiconductor, autos, pesticides and consumer products industries, revealed that it may need to cut its full-year earnings forecast by a whopping 30%! The company blamed low car sales along with the U.S.-China trade war. The lowered […]

Richard Branson’s Virgin Galactic Space Stupidity

07/9/2019

Corporate mainstream media is hyping Richard Branson’s Virgin Galactic after it said that it will merge with public investment firm Social Capital Hedosophia. The transaction is expected to close later this year, creating a new, combined company known as Virgin Galactic Holdings Inc. The corporate mainstream media says with glee that this new Branson company […]

Judge Corrupted By Big Pharma To Block Law Forcing Drug Makers To Disclose Prices In Ads

07/8/2019

In a shocking move of corruption IMO, a judge appears to have been corrupted by big pharma to rule against a common-sense law that would force drug companies to disclose prices in their TV ads. U.S. District Judge Amit Mehta sided with drugmakers Merck, Eli Lilly, and Amgen by halting the U.S. Department of Health […]

Hearing Rumors US Will Sell $2B In Weapons To Taiwan

07/8/2019

I’m hearing rumors circulating that the U.S. will sell $2.2 billion in weapons to Taiwan. This move is sure to anger the Chinese who won’t even allow smartphone devices in China to display the word Taiwan. China has said that any sale of weapons to Taiwan will harm bilateral relations between the U.S. and China. […]

Netflix’s Glory Days Are Over

07/8/2019

Netflix was a pioneer. It ultimately killed BlockBuster video. Its been rewarded for its foresight as the stock has soared 8,500%+ in the last decade as adoption of streaming video took off. Netflix leased shows and movies that other companies produced, for its streaming platform. The biggest and most powerful media companies on earth helped […]

Boeing Loses Major Saudi Arabian Airline Contract

07/7/2019

Boeing has lost another multi-billion dollar contract. Saudi Arabian airline flyadeal said on Sunday that it will fly an all-Airbus fleet which reverses its earlier decision to buy up to 50 of Boeing’s 737 Max planes. Boeing’s 737 Max jets were involved in two fatal crashes. The planes have been grounded worldwide, deliveries of the […]

Rumors Circulating that Google and Dish Will Create Nation’s 4th Mobile Carrier

07/7/2019

I’m hearing rumors that Google and Dish are masterminding a plan to create a 4th mobile carrier. The rumor is that Google and Dish will acquire the assets T-Mobile is being forced to sell off for its merger with Sprint. T-Mobile is about ready to make a big stupid move IMO. Paying $26 billion for […]

Deutsche Bank Retreats From Investment Banking, 18,000 Jobs Cut

07/7/2019

The mighty Deutsche Bank has fallen. Before the 2007 – 2008 Great Recession, Deutsche Bank dominated investment banking and fixed income across the planet. Deutsche was Europe’s proud jewel to compete against U.S. Wall Street banking firms like JP Morgan Chase and Goldman Sachs. The mighty Deutsche Bank is no more. Deutsche Bank is retreating […]

Northrop Grumman New Patents

07/5/2019

Northrop Grumman has been granted several new patents. Patent for Auto Tier II The abstract states: “A system for providing an estimate of far-field radar cross-section (RCS) measurements of an aircraft. The system includes a plurality of automatic guided vehicles (AGV) each including a robot arm and a radar unit selectively mounted thereto and being […]

Growing Popularity of Dating Apps

07/4/2019

Dating apps continue to grow in popularity and Match Group (MTCH) is reaping the benefits. Dating apps are so popular that even criminals are getting in on the action. Here a robber posed as a woman and then car jacked the guys who showed up for the “date”. According to a new report, eMarketer estimates […]