Warren Buffett's Fort Worth-based BNSF cuts jobs as railroads feel COVID-19 pain

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Warren Buffett's Fort Worth-based BNSF cuts jobs as railroads feel COVID-19 pain

While trains are considered essential businesses, that hasn’t protected the rail industry from the COVID-19 drag. “COVID didn’t choose which modes of transportation to affect,” said Todd Tranausky, vice president of rail and intermodal at industry research firm …
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Vroom Soars on Its IPO. Here Are 5 Things You Need to Know About the Used Car Disruptor

After a pause during the COVID-19 lockdowns, the IPO market is heating up again, and a smashing debut from Vroom (Nasdaq: VRM) Tuesday proved investors are hungry for new issues. Shares of the online used car seller skyrocketed on opening day, …
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Adidas pledges to hire more black and Latino staff

BERLIN (Reuters) – German sportswear brand Adidas (ADSGn.DE) has pledged to invest $20 million in the black community in the United States and make sure that at least 30% of all new U.S. jobs are filled with black and Latino people at its Adidas and …
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Now On Kickstarter, “AccountApp,” A New Social Network For Professional Accountants

Now seeking community support via Kickstarter, a social media accounting application that changes the way accountants connect. BrainyApps is
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The tech industry may be ready to defund facial recognition

Welcome back to Tech Chronicle. Do you recognize this newsletter as a fine one to subscribe to? I’ll face up to that. You’ve got to recognize. IBM faced up to it. The tech company is no longer developing facial-recognition software, CEO Arvind Krishna told …
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