Billionaire investor Carl Icahn took a huge loss in Hertz car rental company after the company filed for bankruptcy last week. Icahn began investing in Hertz in 2014, he bought 11.4 million shares in ...
Elon Musk's SpaceX needs cash and the company just raised $567 million, a bit over the $500 million that they planned to raise. SpaceX is a private company and it's been around for about $20 years and...
The Dailymail in the UK reported that the troubled company is getting close to a buyout offer from Amazon. · Amazon is circling AMC Theatres, the troubled owner of Odeon Cinemas· The ...
The stock market continues to go up and people think things are back to normal. However, things are getting worse, the economic condition will continue to get worse as long as the unemployment rate co...
Breaking News: Netflix (NFLX) has announced that it plans to start to keep track of customers who are not using their accounts and that their subscription will be canceled. The company said it w...
Saudi’s sovereign wealth fund, a Public Investment Fund (PIF) has acquired more than 5 million shares in Walt Disney at a value nearly $500 million. It has also purchased more than 3 million shares ...
Twitter (TWTR) announced on Wednesday that it would allow its employees to work from home “forever.” This new development came after the company used the coronavirus lockdown period to restructure...
As the coronavirus crisis continues to ravage markets, industries, companies, and the economy at large, there is no telling whether or not some companies will survive the hit. The airline industry and...
A Labor leader named Lorena Gonzalez is not a fan of Elon Musk because Elon wanted to resume operation at his Telsa plant in California despite the outbreak of the coronavirus. Although America has re...
The S&P 500 is a collection of the large 500 companies by market capitalization in the US. On Wednesday, the S&P 500 announced that it was including Domino’s Pizza (DPZ)on the list. These 50...