The Impact of the Coronavirus Pandemic in Stock Markets

It has been a crazy past few weeks for global stock markets. At the start of the month, the New York Times reported that after one of the worst weeks of global markets since the 2008 financial crisis, stocks surged following a promise that governments would step in to strengthen the global economy, which took […]

Cash-Strapped Pakistan Determined to Combat COVID-19

Since the coronavirus outbreak in China and an increased number of those affected has been reported in the neighboring countries of Pakistan and Iran, Pakistan has put in efforts to curb the reported COVID-19 cases by sealing off its border. Such stringent measures has further jolted Pakistan’s economic stability, especially since the economy is already […]

Growth-Minded Food Delivery Company DoorDash Files Confidentially For IPO

On-demand food delivery company, DoorDash, announced last week that it privately filed to go public. Privately filing may give the company a chance to prepare for a potential IPO while avoiding “public scrutiny,” according to TechCrunch. The company, which also operates in Australia, Puerto Rico, and Canada, is estimated to be leading the domestic market. […]

Trump’s Proposed Roll-Back of Fuel Efficiency Standards Remains Incomplete

As part of his presidential campaign in 2016, President Trump promised Michigan autoworkers a jumpstart on the U.S. auto industry through a roll-back of Obama-era fuel efficiency standards. Since the start of his administration, Trump has eliminated or impaired roughly 100 environmental protections on climate change, clean air, clean water, and endangered species. That being […]

Change of Guard in the House of Mouse: Disney’s Longtime CEO Steps Down

Bob Iger, Time’s 2019 Person of the Year, surprised many on Wall Street and in Hollywood when he abruptly ended his tenure as CEO of The Walt Disney Company. Iger was Disney’s CEO for almost 15 years and oversaw massive changes while at the helm. When Iger assumed leadership in 2005, the company was stagnating […]

NTSB Calls for Regulation of Tesla Autopilot

As stated on the Tesla website, Autopilot functions to steer a vehicle within a clearly marked lane and to match the speed of surrounding vehicles in order to avoid collision. The driver remains in primary control, unlike in a complete self-driving system that entirely replaces human operation. Safety experts believe that Tesla’s current Autopilot system […]

Coronavirus Highlights Apple’s Risky Reliance on China

Apple has revealed that the coronavirus is harming the company’s bottom line. In the wake of the disease outbreak and subsequent lockdowns across China, Apple warned that it will miss revenue expectations for the first quarter of 2020. Apple CEO Tim Cook has bet big on China, and that bet has largely paid off. As […]

Supreme Court Challenge to the Affordable Care Act Slated for October

Earlier this week the Supreme Court granted certiorari to hear the latest case aimed at thwarting the Affordable Care Act (ACA).  The case, California v. Texas, challenges the constitutionality of the entire ACA based on the viability of the individual insurance mandate, a central part of the act. The foundation for the individual mandate, which […]

Ninth Circuit Tears Down Equal Pay Act Loophole

For many women in America, discovering their male coworkers are paid more for the same job is not a novel experience. The gender pay gap – now a difference of about 21 cents per dollar – is perpetuated by employment practices that rely on valuing women’s salaries based on their past earnings. Historically, companies have […]

Richest Person in the World Gives Away a Thirteenth of Net Worth for Climate Change

Jeff Bezos, the richest person in the world, announced via Instagram that he will commit $10 billion to fight climate change. The $10 billion accounts for one thirteenth of Bezos’ $130 billion net worth. People tend to compare the spending of Jeff Bezos with that of Bill Gates, a tech mogul who was once the […]