Economy News

Tesla Inc (NASDAQ:TSLA) Settles On Intel Corporation (NASDAQ:INTC) For New Chip

Tesla Inc (NASDAQ:TSLA) Settles On Intel Corporation (NASDAQ:INTC) For New Chip

This provider may settle for Intel Corporation (NASDAQ:INTC) in the manufacture of chips for the “infotainment” system in the cars of Tesla Inc (NASDAQ:TSLA). A lot of people expected it to chose NVIDIA Corporation (NASDAQ:NVDA), but that didn’t happen. Shortly after the announcement of the news, the shares of Intel […]

Tempers Rise in FCC Over Sinclair Record Fine

Tempers Rise in FCC Over Sinclair Record Fine

FCC commissioners from the Republican and Democratic Parties traded barbs during the week following the record fine the federal agency levied on Sinclair Broadcast Group, a conservative leaning company. During the first six months of 2016, Sinclair aired over 1,723 segments on-air related to the Huntsman Cancer Institute on 64 […]

Margaret Georgiadis Steps Down from Mattel CEO Post

Margaret Georgiadis Steps Down from Mattel CEO Post

Mattel Inc. said Thursday that Ynon Kreiz a member of the board and an executive in digital media would replace CEO Margaret Georgiadis, who is resigning after just 14 months in charge of the maker of Barbie dolls and Hot Wheels. Mattel, whose stock has lost close to half its […]

Should debt collection be a primary funding source for healthcare providers?

Should debt collection be a primary funding source for healthcare providers?

For most companies having past-due amounts is not a pleasant or power position to be in. In the case of hospitals, the high bills have left both providers and patients in a delicate situation, unable to pay their debts. Without other options, hospitals are changing their primary function as healthcare […]

Bank of America Profit Hit by Tax Reform

Bank of America Profit Hit by Tax Reform

Bank of America said that a charge from the tax law that was just instituted in the U.S. caused its profit for the quarter to drop 48%, even as it ended 2017 by putting its crisis-era far behind it. The bank, based in Charlotte, North Carolina, posted on Wednesday profit […]