Tag: Business

  • A less risky path to entrepreneurial success

    opinions expressed Entrepreneur Shareholders are theirs. by: Davis Smith And the Trenton Smith Most startups fail. According to the 2019 Startup Genome Report, 92% of startups fail. Surprisingly, only 4% of companies in the United States exceed $1 million in annual revenue, and only 0.6% reach $10 million in revenue, to me US Census Bureau. […]

  • The death of Jiang Zemin, who led China’s economic renaissance

    BEIJING (AP) — Jiang Zemin, who led China out of isolation after the military crushed pro-democracy Tiananmen Square protests in 1989 and backed economic reforms that ushered in a decade of explosive growth, died Wednesday. He was 96 years old. State media reported that Jiang, who was president for a decade until 2003 and led […]

  • Tech layoffs approaching Great Recession levels: ‘It wasn’t sustainable or real’

    The number of tech layoffs this year is close to annual levels seen during the Great Recession, but it’s a far cry from dot-com-bust territory. As tech companies grapple with falling stock prices, inflation, rising interest rates and a potential recession, they have announced more than 60,000 job cuts this year, with indicators — such […]

  • The fire plan will cut down 2.4 million trees in New Jersey’s Pinelands

    Bass River Township, NJ – As many as 2.4 million trees will be cut down as part of a project to prevent major wildfires in a federally protected New Jersey forest that has been declared a unique environmental treasure. New Jersey environmental officials say the plan to kill trees in a section of the Bass […]

  • Why China’s COVID policies are troubling investors again

    Investors in China-related assets who had expected a significant easing of COVID restrictions were disappointed this week as the country grapples with its worst wave of cases since the Shanghai outbreak earlier this year. China-related ETFs have fallen this week, with iShares MSCI China ETF MCHI, -1.82% a loss of 3.4%. KraneShares CSI China internet […]

  • Economies booming with Russian wealth and immigration

    Russians cross the border between Russia and Georgia days after President Vladimir Putin announced a mobilization campaign on September 21. Daru Solakuri | Getty Images News | Getty Images While many economies are suffering from the impact of Russia’s invasion of Ukraine, a select few countries are benefiting from the influx of Russian immigrants and […]

  • Holiday shopping begins as inflationary sentiment drops

    NEW YORK (AP) — While Black Friday will mark a return to familiar holiday shopping patterns, uncertainty remains. The US labor market remains strong, consumer spending is resilient and inflation is slowing. But higher prices for food, rent, gasoline and other household costs have weighed on shoppers. As a result, many are reluctant to spend […]

  • Falling home prices is coming. High unemployment could make it much worse

    London CNN Business – Last year, Auckland’s largest real estate company was unable to sell properties fast enough to meet demand in New Zealand’s largest city. Homes were “flying out the door,” said Grant Sykes, a principal at the Barfoot & Thompson real estate agency. “There were chin-breaking moments when agents would stand across the […]

  • Launching dwarf tomato seeds to a space station aboard a SpaceX resupply flight

    Sign up for CNN’s Wonder Theory science newsletter. Explore the universe with news of amazing discoveries, scientific advances, and more. CNN – SpaceX’s 26th commercial resupply operation, scheduled for launch this weekend, will carry plenty of supplies, a pair of new solar arrays, dwarf tomato seeds and a host of science experiments to the International […]

  • PG&E Receives $1.1 Billion Federal Grant to Keep Diablo Canyon Nuclear Plant Online

    CNN – California nuclear power got a jolt of financial support from the Biden administration on Monday as the US Department of Energy awarded a $1.1 billion grant to Pacific Gas & Electric to Help extend the life of the Diablo Canyon Power Plant On the coast of Central California. The Diablo plant was to […]