On Tuesday, Feb. 25, 2020, CRM company, Salesforce (CRM) announced that its co-Chief Executive Officer, Keith Block was stepping down leaving the founder of the company, Marc Benioff to solely act as...
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 ...
In November 2017, Tesla first unveiled its Semi all-electric trucks, and are now set to go into mass production. The trucks were scheduled to arrive in 2019, however, delivery dates were rescheduled t...
Quicken Loans, the largest mortgage lender in America has revealed on-going plans to have an initial public offering (IPO) as reported by multiple news sources on Thursday. An IPO prospectus has been ...
A right issue is used when a publicly listed company is trying to raise funds by selling new shares. According to the definition, a rights offering (rights issue) is a group of rig...
The 2020 presidential election is very close to call in some key possible swing states but the former president Joseph Biden is ahead with 264 electoral votes while president Trump only has 214 electo...
McDonald's recently came under fire after it was accused of alleged ill-treatment of its Black franchisees and executives, including its low-wage workforce which is largely made up of people of color....
Billionaire and investment mogul Bill Ackman, at the Forbes Philanthropy Summit, announced his plan to team up with minority-owned investment banks for a major business venture, specifically, female, ...
For the first time since 2011, Gold price jumps over $1,800 an ounce. Analysts also expect more gains as investors begin to stock up on the asset and hold its value while the coronavirus continues to ...
On Sunday, SAP announced that it is planning to spinoff Qualtrics just twenty months after acquiring the company for $8 billion in 2018. However, the company revealed that it will remain the maj...