On Wednesday (Jan. 15), a news release by XPO Logistics (NASDAQ: XPO) revealed that the company was considering some strategic alternatives, including an option of spinning-off some of its business un...
Super Tuesday’s results had a great impact on the US stock market as the US stock market futures increased following Joe Biden’s big win on Tuesday. His win not only resurrected his campaign but a...
Compounding can be referred to as the process whereby an asset’s earnings, generated from other capital interests, are reinvested to generate more interest or gains over time. Basically, your invest...
On Monday, the J.Crew Group joined the bandwagon of companies that have recently filed for bankruptcy due to the coronavirus pandemic. The company has since become the first national US retailer to fi...
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...
The ravaging impact of the coronavirus pandemic on the United States economy has made a lot of people lose their major source of livelihood. At first, workers were told to go home and maintain social ...
The pandemic events of this year came as a shock to many businesses, causing their expectations for 2020 to take a different turn entirely. After a successful stock spinoff, Kontoor Brands expected to...
On July 28, Amazon founder Jeff Bezos' former wife McKenzie Scott donated a total of $160 million to six HBCUs. The recipients include Howard University, Tuskegee University, Xavier University of Loui...
American Express is on the verge of taking its business ambitions to the next step as it plans to buy online lender Kabbage, a person familiar with the matter said. The deal would be an all-cash deal ...
The market is down today and it's down a lot as it feels like a stock market is crashing. But we are not going to use the word crash yet since the market still up for the year in some stoc...