Business

Apple’s Value Lights Up as it Hits $2 Trillion

Investing $10,000 in Apple stock 20 years ago would have made you a multimillionaire by now. The California-based technology company became the first publicly traded U.S. company to surpass $2 trillion in valuation Wednesday. It doubled its value in just […]
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Business

India’s Textile Hubs Reel as Laborers Stuck Home

CHENNAI, India—The southern Indian state of Tamil Nadu produces madras cotton, the world-famous textile popular in 18th century Europe and the post-World War United States. Celebrities such as Ashton Kutcher and Jessica Simpson have been spotted in madras, with its […]
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Business

Young Indians Propelling Private Space Tech

Anirudh Sharma, an alumnus of relatively new private university Lovely Professional University, was 19 years old when he began working on a satellite project. The year was 2017, and he and a small team of friends had been brainstorming about […]
Black Facts.com
Black Facts.com
Black Facts.com
Business

New World Bank Boss: Less Chat, More Results

The World Bank is streamlining to focus on measurable results, said World Bank President David Malpass. It could be the start of a profound shift for an organization with offices in more than 100 countries known more for attending conferences […]
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Business

Jobs Boost: Unemployment Claims Plunge 20%

New unemployment claims fell below one million for the first time since March last week, a sign of a national revival after months of COVID-19 related joblessness for tens of millions of Americans. During the week ending August 8, about […]
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Black Facts.com
Black Facts.com
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Business

Biden wants to up the capital gains tax. Here’s what that could mean for businesses

Democratic presidential candidate Joe Biden’s proposal to target high-income investors could limit investment in new businesses and asset selloffs. Currently, the long-term capital gains tax rate for incomes above $400,000 is 20% (specifically, that’s $496,600 for married filing jointly, $441,550 […]
Black Facts.com
Black Facts.com
Business

Israel set to send natural gas to Europe

Israel and Europe will proceed with a natural gas pipeline that will carry Israeli gas to European customers, after the Israeli government ratified the agreement. Partner countries Greece and Cyprus have already approved the project. The Eastern Mediterranean, or EastMed, […]
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Books

From nursery rhymes to a multi-million-dollar enterprise

Encantos Media Studios, a children’s education company and a multicultural trove of free resources, interactive books and educational activities inspired by Latino nursery rhymes, was recognized as one of 19 media start-ups that top venture capitalists expect to succeed during […]