business
Let us take a look at Ford Motors versus Tesla. Elon Musk, CEO of Tesla, went on a verbal rant and dropped an f-bomb against the coronavirus shutdown during Tesla’s earnings call. Elon has continued to rail against the shutdown …
OneWeb filed for bankruptcy and is asking bankruptcy court for permission to borrow between $75 million and $300 million. SoftBank wants to give OneWeb the loan. SoftBank supplied $2 billion of the $3.4 billion in equity and debt that OneWeb …
It is well known that Tesla main electric car products spell SEXY. These are the Model S, Model 3, Model X and Model Y. The 3 looks like the E in certain fonts. Tesla also has three other products on …
The National Federation of Independent Business (NFIB) is the largest small business association. Small Employers are in crisis and half will have to shut down in less than 2 months without help. Small businesses are half of Americas economy and …
West Texas Intermediate, the US benchmark, traded as low as -$40.32 a barrel today. The main delivery point for US oil, Cushing, Oklahoma has full storage. Storage tanks at Cushing will be full in May. The crude oil tanks around …
The World is projected to have over $9 trillion in economic losses from the Great Lockdown. This assumes a relatively prompt and successful reopening of the world economy. The Second quarter could see the US and other major economies with …
Wizz Air is considering flying with empty middle seats to enable social distancing while on flights. This would need to be combined with all passengers have masks and other sanitizing and safety products. Social distancing could remain the new normal. …
The latest U.S. and European data proves the world is in its steepest freefall everand the old economic and political playbooks dont apply. This global economic collapse is not the result of a financial crisis. It is not even the …
Russia and Saudi Arabia are close to a deal to cut oil production. The economic shutdowns have cut demand for oil from 100 million barrels per day to 70-80 million barrels of oil per day. Brian Wang Brian Wang is a …
US Domestic passenger flights could shutdown because of lack air traffic control staff and lack of passengers could shutdown air travel. US airlines are struggling to keep aircraft flying with minimal passengers. There is about 15-20% of the normal level …