Nike launched a successful legal battle against rapper Lil Nas X and custom shoemaker MSCHF Product Studio Inc. after the small shoemaker dropped a pair of modified Nikes featuring satanic imagery with the shoe conglomerate’s famous swoosh plastered on its… Read More ›
Business
Donald Trump Set to Launch a New Social Media Platform within a Few Months; Top Advisor Says
Former President Donald Trump’s social media exile may soon be coming to an end. At least that’s the story coming from Trump’s former top advisor Jason Miller. With less than two weeks left in his term, Trump was indefinitely banned… Read More ›
Walmart Removes Firearms and Ammunition from Shelves Citing ‘Civil Unrest;’ Quickly Restocks after Backlash
Walmart is the largest gun distributor in the U.S., but earlier this week the discount retail conglomerate tried dethroning themselves. However, after a massive backlash, Walmart reversed its decision and will continue displaying firearms on their floor. On Thursday, Walmart,… Read More ›
Yelp Report: 60% of Business Closures due to Coronavirus Lockdown are Permanent
Despite the seemingly strong recovery, more than half of the businesses closed due to the COVID-19 shutdowns will not be opening their doors once life returns to normal. Yelp’s September economic report confirmed what many of feared: small businesses lost… Read More ›
Uber and Lyft Threaten to Shut Down Operation in California… but Not just Yet
After a new controversial law altering the classification of workers in California was signed by Governor Gavin Newsom late last year, rideshare companies have threatened to shut down operations in the state. However, a new court ruling may have halted… Read More ›
U.S. Considers Banning TikTok for Collecting Data on Americans for the Chinese Government
Public backlash against Big Tech for collecting and storing data on users is being heard among top officials in the Trump Administration as the State Department mulls over banning the popular video sharing app, TikTok. Outrage against apps and websites… Read More ›
Japan to Pay Companies $2.2 Billion to Move Production out of China
According to the Japanese government’s latest budget, the vibrant island nation has allocated nearly $2.2 billion to help subsidized its manufacturers who are looking to move factories outside of China in the wake of the ongoing Coronavirus pandemic, which leaked… Read More ›
Jobless Claims Hit Historic Levels: 3.28 Million Unemployment Claims in 1 Week
The second major indicator of the economic impact from the Coronavirus driven extreme social distancing was released Thursday morning. The Department of Labor, which publishes weekly unemployment claims, reported there were 3,280,000 unemployment claims during the week ending on March… Read More ›
China Agrees to Increase Imports from U.S. by $200 Billion in ‘Phase 1’ of Trade Deal
After two years of trade wars and what seemed like never ending tariffs being levied against China by the U.S., and vice versa, a groundbreaking deal has been made which is projected to dramatically increase U.S. export to China and… Read More ›
Major Healthcare Win: Hospitals Will be Forced to Disclose Pricing by 2021
Back in November, the Trump administration introduced new regulations aimed at curbing the seemingly uncontrollable rise in healthcare costs nationwide. In a departure from the political norm, this new piece of regulation targets procedure cost disclosure and increasing competition among… Read More ›