President Trump on the Unemployment Report: “I Can Bring It Back”

President Trump on the Unemployment Report: “I Can Bring It Back”

Friday, President Trump said a government report Friday showing massive US job losses from the C-19 coronavirus chaos is not a surprise and that he should not be blamed for it. The Labor Department announced Friday that the US lost 20.5-M jobs in April, as the nation enacted practices that collapsed the economy. The unemployment rate […]

US Unemployment Numbers are High, They Were Not Caused by the Economy’s Underlying Fundamentals

US Unemployment Numbers are High, They Were Not Caused by the Economy’s Underlying Fundamentals

Friday, Labor Secretary Eugene Scalia said he is “optimistic” that the United States can recover from the current economic situation faster than in the past fundamental downturns. “Unemployment numbers are very high, much higher than we’ve seen in years past, but it is from a different cause,” Secretary Scalia said in a TV interview. “It […]

Employers May Test Employees for COVID-19 Before Allowing Their Return to Workplace

Employers May Test Employees for COVID-19 Before Allowing Their Return to Workplace

The US Equal Employment Opportunity Commission (EEOC) said in guidance released Thursday that employers may administer COVID-19 coronavirus testing to employees in order to determine if they have the virus, prior to permitting them to return to the workplace.  The agency stated that this latest expansion of practical coronavirus pandemic guidance is consistent with the Americans with […]

The ‘Main Street’ Lending Program, Who Got the Money so Far

The ‘Main Street’ Lending Program, Who Got the Money so Far

$RUTH $SHAK Over 2 wks, the US government pledged $350-B to Main Street businesses across America desperate for cash after coronavirus lockdowns. A picture is emerging of who got the money. More than 25% of the total went to fewer than 2% of the firms that got relief. They include a number of publicly traded […]

Ferrari’s (NYSE:RACE) ‘Back on Track’ Program to Reopen Factories on 14 April

Ferrari’s (NYSE:RACE) ‘Back on Track’ Program to Reopen Factories on 14 April

$RACE Wednesday, Ferrari (NYSE:RACE) said it is piloting a project to conduct voluntary screening of employees and their families for coronavirus once the iconic Supercar makers factories in Italy reopen. In a statement, Ferrari said its “Back on Track” plan, developed with a pool of virologists and experts, was designed to create a safe working […]

The New Company Performance Metric: Earnings Before Coronavirus (EBITDAC)

The New Company Performance Metric: Earnings Before Coronavirus (EBITDAC)

$JPM $BLK A meme circulated on Twitter recently suggesting that companies suffering from the global pandemic will trot out a new performance metric: EBITDAC, for earnings before interest, tax, depreciation, amortisation and coronavirus. It’s apparently not a joke. Some companies are adjusting their numbers to avoid triggering defaults on loans, Refinitiv LPC reported last month. […]

Ferrari (NYSE:RACE) Adopts Additional Safety Measures for Its Employees

Ferrari (NYSE:RACE) Adopts Additional Safety Measures for Its Employees

$RACE Ferrari (NYSE:RACE) stated that it has activated rigorous preventive measures to ensure the highest standards of health procedures for its employees. Ferrari’s announcement follows the decree on COVID-19 issued by the Italian Government. The workforce present in Maranello and Modena has been reduced to a minimum, while remaining personnel is working remotely, the company […]

F1: MercedesAMG Marks ‘Double’ at Japan Grand Prix

F1: MercedesAMG Marks   ‘Double’ at Japan Grand Prix

$RACE Valtteri Bottas took victory in a fascinating 2019 Formula One Japanese Grand Prix Sunday as MercedesAMG wrapped up the constructors’ championship for a 6th year running. Ferrari (NYSE:RACE) claimed a 1-2 lockout on the grid in Sunday’s qualifying session, but Mr. Bottas jumped both Pole-sitter Sebastian Vettel and Charles Leclerc at the start before the latter collided […]

Ferrari (NYSE:RACE) Invests in its Employees

Ferrari (NYSE:RACE) Invests in its Employees

$RACE Ferrari (NYSE:RACE) signed new Performance bonus agreement for its Italian workforce, further investing in its employees Ferrari and the trade unions on 26 September signed a new Performance bonus agreement, which will be in force from Ys 2020 to 2023, in the context of the trade union relationships as normed by the Collective labour […]

Elon Musk Vs Tesla Employees, a Failure in Leadership

Elon Musk Vs Tesla Employees, a Failure in Leadership

$TSLA FLASH: Tesla stock under pressure, Musk’s leadership called into Question. Shares of Tesla (NASDAQ:TSLA) are under heavy selling pressure now on a slew of recent reports that shed light on Elon Musk’s leadership style. And it calls into Question whether employees believe he is suited to lead the company. Blind, an anonymous workplace community, […]

A Marijuana Marketers are Offering Furloughed Federal Employees Free ‘Dope’ During Shutdown

A Marijuana Marketers are Offering Furloughed Federal Employees Free ‘Dope’ During Shutdown

Now, not only are the non-essentials (NE) non-essential they can be stoned doing nothing! The furloughed NE federal workers who cannot pay for medical marijuana during the government shutdown can get it for free from America’s pot dealers. BudTrader a massive marijuana-trading marketplace that allows users to buy and sell grow supplies, cannabis, and paraphernalia, declared […]

The Great Ferrari Walkout Almost Killed the Company

The Great Ferrari Walkout Almost Killed the Company

$RACE Perhaps the biggest Ferrari scandal in the Maranello Outfit’s history is the 1 that almost finished the company, as it came at a very difficult time for Enzo Ferrari. It happened in the early 1960’s, when Enzo had a number of arch-rivals chasing him stemming from the common desire to best both his company’s […]

Tesla (NYSE:TSLA) Facing a Deep Criminal Investigation About Misleading Investors 

Tesla (NYSE:TSLA) Facing a Deep Criminal Investigation About Misleading Investors 

Tesla (NYSE:TSLA) Facing a Deep Criminal Investigation About Misleading Investors $TSLA Early this month, Tesla (NASDAQ:TSLA) settled with the SEC over charges that it misled investors after CEO Elon Musk, 47 anni, Tweeted that he had secured funding to take Tesla private. You remember the infamous 6 August ‘420’ prank Tweet, Yes? The SEC, which alleged […]

2 New Safety Investigations of Tesla (NASDAQ:TSLA) Factory Opened in September

2 New Safety Investigations of Tesla (NASDAQ:TSLA) Factory Opened in September

2 New Safety Investigations of Tesla (NASDAQ:TSLA) Factory Opened in September $TSLA California’s Division of Occupational Safety and Health (Cal-OSHA) opened two new inspections in September into the workplace conditions at Tesla’s factory in Fremont. According to the agency, the first was opened on September 4 and was prompted by an incident reported to regulators in […]

Tesla’s (NASDAQ:TSLA) CEO, Elon Musk to Employees…

Tesla’s (NASDAQ:TSLA) CEO, Elon Musk to Employees…

Tesla’s (NASDAQ:TSLA) CEO, Elon Musk to Employees… $TSLA For openers “First, congratulations are in order! We have now completed our 3rd full week of producing over 2000 Model 3 vehicles…. This is more than double Tesla’s weekly production rate last year and an amazing feat in the face of many challenges! It is extremely rare […]

Big Banks See Trump Tax Reform Benefits, Will Pass Them on to Employees and Stakeholders

Big Banks See Trump Tax Reform Benefits, Will Pass Them on to Employees and Stakeholders

Big Banks See Trump Tax Reform Benefits, Will Pass Them on to Employees and Stakeholders $JPM, $WFC, $BAC, $C, $GS JPMorgan (NYSE:JPM) and Wells Fargo (NYSE:WFC) indicated Friday that they expect to see significant future benefits from the recently enacted GOP tax bill, through both lower taxes and increased business. The comments came as the  […]

USAG Jeff Sessions Battles With the ‘Deep State’

USAG Jeff Sessions Battles With the ‘Deep State’

USAG Jeff Sessions Battles With the ‘Deep State’ Want to know about the havoc being wreaked on our Republic by the Deep State, the anti-Trump troublemakers in the permanent federal bureaucracy, the man who has the ‘skinny” is USAG Jeff Sessions. The Attorney General normally does not vent his emotions, but he recently read his […]

US Will No Longer Insist Nations Adopt America’s Values & Rights

US Will No Longer Insist Nations Adopt America’s Values & Rights

US Will No Longer Insist Nations Adopt America’s Values & Rights 2300 State Department employees will be sacked on overhall Translating “America First” into diplomatic policy, Secretary of State Rex Tillerson Wednesday declared the United States would no longer condition its foreign relationships on countries adopting US values like human rights. He spoke to State […]

Doctor Dragged Off United Flight Convicted of Drug Charges in 2004

Doctor Dragged Off United Flight Convicted of Drug Charges in 2004

Doctor Dragged Off United Flight Convicted of Drug Charges in 2004 $UAL The man who was taken off a United Airlines flight Sunday night has been identified as a doctor whose past includes drug convictions from 13 years ago. David Dao, 69 anni, at Chicago’s O’Hare International Airport went viral and sparked a firestorm of […]

Left Wing PepsiCo (NYSE:PEP) Employees Crying Over Trump Victory

Left Wing PepsiCo (NYSE:PEP) Employees Crying Over Trump Victory

Left Wing PepsiCo (NYSE:PEP) Employees Crying Over Trump Victory $PEP The head of PepsiCo (NYSE:PEP) said Thursday her employees are in tears over Donald Trump’s victory in the Presidential election, and people are asking if they will be safe. CEO Indra Nooyi, a supporter of Democrat Hillary Clinton, said she has fielded a lot of […]

Women it the Workplace 2016

Women it the Workplace 2016

Women it the Workplace 2016 More than 75% of CEO’s include gender equality in their top ten business priorities, but gender outcomes across the largest companies are not changing. Women are less likely to receive the 1st critical promotion to manager, so far fewer end up on the path to leadership, and they are less […]

BYD (OTCMKT:BYDDF) to Triple Size of California Factory

BYD (OTCMKT:BYDDF) to Triple Size of California Factory

BYD (OTCMKT:BYDDF) to Triple Size of California Factory $BYDDF Chinese car, bus and battery maker BYD (OTCMKT:BYDDF) announced recently that it will expand its EV (electric vehicle) plant in Lancaster, California, 3X’ing the size of its facility, employment and production capability in next 3 years. Stella Li, President of BYD America, said at a groundbreaking […]