As the race for developing treatment and vaccines for the Covid-19 amongst pharmaceuticals, England-based AstraZeneca has developed a potential vaccine for the Covid-19. With the recent development of...
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 ...
Facebook (FB) CEO Mark Zuckerberg on Tuesday announced the new Facebook feature, ‘Facebook Shops’, this would allow businesses to easily list their products for sale on both Facebook and Instagram...
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...
On Tuesdays, the Congressional Budget Office released its outlook for economic growth, federal budget, and the unemployment rate for the second quarter, as nearly 26 million Americans remain unemploye...
Warren Buffett and Berkshire (BRK-A and BRK.B) have left a lot of investors confused about the state of investing in these times. About a month ago the company sold off its major airline shares. Berk...
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 ...
On Thursday, chairman of Senate Intelligence Committee Sen. Richard Burr, R-N.C stepped aside as chairman after the FBI seized his cellphone as investigations of possible insider trading are ongoing. ...
On Monday, JCPenney announced that it paid a $4.5 million bonus to CEO Jill Soltau, and CFO Bill Wafford, Chief Merchant Michelle Wlazlo, and Chief Human Resources Office Brynn Evanson, each received ...
As the retail store faces bankruptcy threats, JCPenney has been in talks with major lenders to secure a $450 million “debtor in possession” (DIP) loan to keep the company afloat. The DIP loan is s...