• Business

Democratic quarantines caused economy to shrink in 4th quarter

U.S. 01/12/21, 14:33

After a record growth of the economy at an annualized rate of 30% during the third quarter, thanks to the incentive policies promoted by the Trump administration, Democratic states decided to paralyze commercial activities, using as an argument the alleged increase in cases of the CCP Virus, which caused a ...

Just when Trump is supposed to leave, Cuomo decides to reopen the economy

New York 01/12/21, 14:03

Controversial New York state Gov. Andrew Cuomo announced via Twitter on Jan. 11 that he plans to reopen the economy before it is too late, "coincidentally" in the supposed last days of President Trump, who previously urged him to do so. https://twitter.com/NYGovCuomo/status/1348673192609591296 From the beginning of the pandemic, Cuomo enforced tight restrictions ...

Parler sues Amazon for breach of contract and antitrust law

U.S. 01/12/21, 07:43

Parler CEO John Matze sued Amazon Web Services (AWS) on charges that Amazon Web Services violated the Sherman Antitrust Act and the contract that stated it was required to give 30 days notice of the suspension instead of the 30 hours it unilaterally imposed. Matze said, “AWS's decision to effectively terminate ...

Zuckerberg loses $4 billion as Facebook shares tumble amid Trump-ban fallout

U.S. 01/12/21, 06:22

Mark Zuckerberg lost $3.95 billion in a single day on Monday, Jan. 11, as investors continued to flee from Facebook Inc. after it suspended President Donald Trump from its social network. Facebook shares ended Monday down 4 percent at $256.84, eliminating $31 billion from the social media company’s market value. The selloff ...