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Thread: Business news 2019

  1. #111
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    General Motors recently eliminated 8,000 jobs and closed five North American factories. Now Ford will eliminate 7,000 jobs; 2,400 are in North America. Trump likes to brag about reports showing thousands of new jobs have been created but he never says a word about all the thousands of new jobs that are cut. It figures.

    Ford will cut 7,000 white-collar jobs

    https://www.cnn.com/2019/05/20/busin...ffs/index.html

  2. #112
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    Emperor Trump's punitive tariffs and childish trade war continue to hurt American consumers. Walmart, for example, gets 26% of its goods from China and is now forced to raise prices on those products. Target, Best Buy and other retailers are also raising prices. Trump keeps telling us China, not the US, pays for those tariffs. He's wrong. He's a 骗子 and a 白痴.

    Walmart says it will raise prices because of tariffs

    https://www.cnn.com/2019/05/16/busin...ina/index.html

    Nike, Adidas, Under Armour and Footlocker to Trump: Tariffs on shoes would be 'catastrophic'

    https://www.cnn.com/2019/05/20/busin...ffs/index.html

    Farmers get impatient with Trump's trade war: 'This can't go on'

    https://www-m.cnn.com/2019/05/13/pol...ump/index.html

  3. #113
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    Jamie has written 23 cookbooks and hosted several television series, beginning with The Naked Chef in 1999. The title referred to the simple ingredients he used, not to Jamie himself. In 2008, he became the second British chef to appear on the Food Network's Iron Chef America. (Robert Irvine was the first.)

    Celebrity chef Jamie Oliver shutters 22 of his 25 UK restaurants; 1,000 jobs go

    https://www.reuters.com/article/us-b...-idUSKCN1SR13O

  4. #114
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    In April 1985, Coca-Cola inexplicably changed its 99-year-old formula and introduced "New Coke." It wasn't as sweet and it lost its carbonation very quickly. Few people liked it. In July 1985, "original formula" Coca-Cola returned. In 2019, a strange thing is happening:

    Coca-Cola is bringing back New Coke in honor of Netflix' Stranger Things series

    https://www.cnn.com/2019/05/21/busin...ngs/index.html

  5. #115
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    Another 6,800 Americans will lose their jobs.

    Women's clothing chain Dressbarn will close all 650 of its stores

    https://www.newsday.com/business/dre...res-1.31363665

  6. #116
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    Maybe people who deliver Amazon packages should wear some type of uniform – and maybe Ice-T shouldn't be so quick to draw a gun.

    Ice-T says he almost shot an Amazon delivery driver who was 'creeping up to my crib'

    https://www-m.cnn.com/2019/05/22/us/...rnd/index.html

  7. #117
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    Six thousand retail stores went out of business in 2018. So far in 2019, seven thousand stores are going out of business – and it's only May.

    More retail stores already set to close than in all of 2018

    https://www.cbsnews.com/news/dressba...ailer-to-fall/

  8. #118
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    More than 48 million dollars for a tunnel so people can ride, instead of walk, from one end of the Convention Center to the other. What a waste of money. And if a major earthquake hits Las Vegas.....?

    Elon Musk's Boring Company will build a $48.7 million, one-mile transit system underneath Las Vegas Convention Center

    https://www.businessinsider.com/elon...-tunnel-2019-5

  9. #119
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    Samsung has delayed the launch of its phone that folds in half. They're working on "enhancements." Translation: they're trying to find a way to keep the hinges from breaking and the screens from cracking. I think, along with the new flip-phone, they're also designing a new fax machine and a new Betamax videotape recorder.

    Best Buy cancels pre-orders for the Samsung Galaxy Fold

    https://www.cnn.com/2019/05/24/tech/...ers/index.html

  10. #120
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    "I say, Lady Fotheringbottom, where in heaven's name will we get our double-breasted tweed jackets, cigarette trousers and Burberry cashmere scarves now?"

    British clothing retailer Topshop closing 23 stores, including all 11 in US

    https://www.dispatch.com/news/201905...-all-us-stores

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