In a recent announcement, Kraft Heinz is set to split into two different companies as economic struggles make the company rethink the merger. The announcement comes after the company has not seen any economic growth for a decade since the merger. The goal is that one of the companies will focus on groceries, and the […]
Tag: Business and Finance
Tesla Sales Take a Plunge: Tesla Shares Down by 6%
Tesla has reportedly taken a huge hit, with Tesla reportedly producing 410,224 vehicles during the quarter and delivering 384,122 vehicles. However, with this in mind, it seems their revenue has seen a noticeable 12% drop from their $25.5 billion revenue from the second quarter of last year to $22.5 billion this quarter. This has reportedly […]
Small Businesses are Preparing to be Squashed by Tariffs that Might Never Go into Effect
When the tariffs were announced, a lot of small businesses panicked because any hike in importation prices would seriously impact whether or not they could do business. With a small business, your profit margins are obviously slimmer than a larger business already and having to pay a huge tariff to import goods might not be […]
