Earlier this month, United Technologies Corp. (NYSE: UTX) announced that its board of directors had agreed to spinoff Carriers and Otis. With immediate effect, the company’s board of directors decla...
In February, Sanofi (SNY) made an announcement that it had intentions to spin off its drug ingredient manufacturing unit into a separate company. The spinoff would accommodate over 3,100 employees and...
Shorting stocks come with a lot of risks and if it pulls off well, you can take advantage of stock prices falling and make money from it. If only you are willing to accept the risks.Maybe you have hea...
Initial coin offering (also known as initial currency offering) is a type of funding that involves the use of cryptocurrencies. It functions like regular crowdfunding except that it is possible to hav...
FAANG is an acronym formed by Jim Cramer, TV host of CNBC owned Mad Money. Cramer first formed the acronym in 2013 as FANG until it was later modified to FAANG. The acronym is a combination of the sto...
With China on the verge of reopening the coronavirus hotspot city of Wuhan, Covid-19 infection cases continue to surge globally. As of Wednesday, the number of confirmed global cases is 510,000 and mo...
The past few months have been really difficult for many countries infected with the coronavirus especially hotspots like Wuhan. For the past 11 weeks, the Chinese city of Wuhan has been on lockdown fo...
A few weeks ago, the Trump administration agreed to send out direct checks to Americans. This decision was part of the economic stimulus package which is aimed at stimulating and sustaining the US eco...
Many small and medium businesses have wondered if the coronavirus relief loans were applicable to only companies considered “too big to fail.” The good news for small business owners is that they ...
Part of the US government moves to sustain the economy also includes providing homeowners with mortgage relief which would help owners who will not be able to pay their mortgage within the next few mo...