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Business

Apple Signed $275 Billion Contract with China to Avoid Crackdown

Apple CEO Tim Cook reportedly signed a $275 billion deal with China in 2016 in order to prevent a crackdown by the communist government on its vast business in the country. The Masters of the Universe committed to “grow together with Chinese enterprises to achieve mutual benefits and a win-win situation.”

Will ‘iBuying’ Ever Replace Traditional Real Estate Sales?

After three successful home sales, Daniel Edwin and his wife were getting ready to sell again, but this time, the Atlanta couple knew they didn’t want to go the traditional route.

New Pfizer Board Member Is Ex-Facebook Director

Dr. Susan Desmond-Hellmann – a member of Pfizer Inc.’s Board of Directors – previously served as the Lead Independent Director at social media giant Facebook. The site has routinely censored posts relating to COVID-19 vaccines, with Pfizer in particular eliciting support from major corporate outlets.

Unit Labor Costs Surged in 3rd Quarter, Adding to Signs of Persistent Inflation

U.S. unit labor costs rose sharply in the third quarter, while productivity declined at its fastest pace since 1960, adding to signs of persistently high inflation.

Biden Plan to Combat Corruption Includes New Real Estate Rules

The White House’s new plan to combat corruption—both domestically and overseas—seeks to, among other things, add new regulations on the real estate industry.

Business economists expect high inflation through 2023

Business economists expect  inflation to increase in the fourth quarter and stay elevated for years, according to a new survey.

Christmas Tree Prices Surge Up To 30% Due To Supply Chain Crunch, Shortage Of Truck Drivers

Christmas tree prices are surging as suppliers are struggling to meet demand. Supply chain issues, extreme weather and a growing shortage of truck drivers amid fears of mass firings due to Joe Biden’s vaccine mandate has led to higher prices for both real and artificial trees. Tree prices have spiked upwards of 30%, industry officials told the AP.

Vax Mandates Will Disrupt Supply Chains Further, Truckers Warn

The main trucking lobbies in Canada and the United States are warning that vaccine and testing requirements for workers will further disrupt supply chains because there is already a dire shortage of drivers.

U.S. Labor Market Recovery Lost Steam In November With A Sluggish 210,000 New Jobs

Though unemployment fell to its lowest level in nearly two years, the U.S. added back a worse-than-expected 210,000 jobs in November—indicating the labor market is still struggling to add back jobs lost during the pandemic amid the looming threat of a new coronavirus variant.

Poll finds how many Americans feel inflation effects

According to new polling, approximately half of Americans say they are directly feeling the negative impact of record inflation in the US, with some saying the hardships they’re facing are severe.

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