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Investing in the Future: 5 Oil and Gas Companies Defying the Industry's Decline
25 April 2023
Investors take note The oil and gas industry is facing challenges in 2023, with falling earnings for most companies despite the relatively high price of oil at around $80 per barrel. Natural gas prices have fallen drama...
ESPN Shakes Up the Industry: High-Earning Employees to be Cut, Pre-Game Show Under Scrutiny
24 April 2023
ESPN announces cost-cutting measures ESPN has begun employee layoffs, targeting lower-tier roles. The network plans to continue the process through Wednesday, with further cuts expected as part of a restructuring plan. ...
Brewing Trouble: The Fallout from Bud Light's Transgender Partnership
23 April 2023
Bud Light faces backlash over transgender partnership Transgender influencer Dylan Mulvaney, with 10.8 million TikTok followers, has been silent for 16 days due to backlash over her partnership with ...
Proxy Battle Brewing: Carl Icahn Takes on Illumina's Board
21 April 2023
Proxy battle erupts Carl Icahn accused Illumina's board of ignoring shareholder questions and being evasive due to their reliance on big shareholders for protection. Illumina is a biotechnology company that provides tools for genetic analysis. The ...
Ben and Jerry's workers take a stand: Company's flagship shop files for union election
17 April 2023
Ben and Jerry's first-ever union election Workers at Ben and Jerry's flagship ice cream shop in Burlington, Vt., are filing for a union election on Monday. If successful, they will become the first of the company's U.S. locations to unionize. The mo...
Intel's Plan to Challenge TSMC's Foundry Dominance
16 April 2023
Intel's new move Intel has recently announced an agreement with Arm that will make Intel a viable manufacturing option for any Arm-based chip designer. This is a significant move, given that Arm-based chips cu...
From Bank Loans to Melania's Income Stream: Inside Donald Trump's Latest Financial Disclosure
15 April 2023
Trump's Truth Social flop Former President Donald J. Trump recently released a personal financial disclosure to the FEC, providing the public with insight into his post-presidential business dealings. Wh...
Broadcom and VMware's $61 Billion Merger Under Fire for Anti-Competitive Concerns
13 April 2023
Broadcom's VMware takeover The $61 billion acquisition of VMware by Broadcom is currently under investigation by the European Commission and the Competition and Markets Authority in the UK. The deal has raised concerns ...
Elizabeth Warren Leads Call for Inquiry into Warner Bros. Discovery Merger
9 April 2023
Call for antitrust investigation Four Democratic lawmakers, including Sen. Elizabeth Warren (D-MA), have called for an inquiry into the alleged anticompetitive actions of the Warner Bros. Discovery (NASDAQ: WBD) deal. The merger between AT&T's W...
The Fast Food Industry's Dilemma: How McDonald's Layoffs Highlight the Need for Innovation
6 April 2023
McDonald's layoff McDonald's recent decision to lay off hundreds of corporate employees has come as a surprise to many, given the company's impressive financial performance in 2022. According to documents obtained by NPR, the fast food giant saw an...
Cano Health Board in Turmoil: Push for CEO Replacement and Asset Sale Sends Shares Soaring
5 April 2023
Board shake-up sends Cano Health shares soaring Cano Health, a leading value-based primary care provider and population health company, has experienced a few days of volatile trading. Here's what you need to know. Board members resign, sparking sha...
Disney's international operations at risk as company pushes for cost-cutting measures
4 April 2023
Disney to cut jobs and costs internationally According to inside and outside sources, Disney is expected to make redundancies and budget cuts soon, with plans currently being finalized. Disney+ employs around 5,000 people globally, with 40% based i...
How Citizens Financial's Due Diligence Led to Freezing of Annuity Product
30 March 2023
Investigation into financial product Massachusetts authorities are investigating Citizens Financial (NYSE:CFG) over the sale of financial products by its subsidiary, Citizens Securities, which includes Colorado Bankers Life Insurance (CBL). The ong...
Twitter's New Policy: Only Paid Subscribers Get Promoted Tweets and Poll Votes
28 March 2023
Social Network Update Twitter is shaking things up with its latest push for paid subscriptions. Starting April 15th, only paid subscribers' tweets will be promoted, and non-subscribers will not be allowed to v...
First Citizens Bank cements position as major player in US banking with Silicon Valley Bank takeover
27 March 2023
Deal betyween banks First Citizens Bank, shortly FCB, has recently made headlines with its announcement of the acquisition of Silicon Valley Bank's US operations, following the bank's collapse. This deal...
Foot Locker to close over 400 under-performing stores in mall overhaul
22 March 2023
Stores of the sport clothes Foot Locker, the popular sports apparel and footwear retailer, recently announced its decision to shut down more than 400 under-performing stores located in shopping malls over the text three years. This is...
New York Community Bancorp's Strategic Move: Becoming the 3rd Largest Bank Failure in US History
20 March 2023
Exploring the valuable assets held by Signature Bank in the US The recent collapse of Signature Bank (SB) has resulted in its acquisition by New York Community Bancorp (NYCB), making it the 3rd largest bank failure in US history with asset...
Kohl's commitment to inclusivity and social responsibility pays off
19 March 2023
Kohl's reinvents itself Kohl's has faced a challenging year and survived by reinventing itself. In addition to introducing gender-neutral clothing and clothing for the differently-abled, Kohl's has created a Discover Kohl's section that focuses on f...
Bloodbath on Wall Street: Dow Jones, S&P 500 and NASDAQ All Post Sharp Losses
11 March 2023
After the close of trading On Friday, the US stock market experienced a fall, with negative dynamics from the financial, industrial, and commodity sectors. The Dow Jones dropped by 1.07% to reach a three-month low, while the S&P 500 and NASDAQ ...
Oracle's Cloud Revenue Soars by 45% But Fails to Meet Expectations - Shares Drop in Extended Trading
10 March 2023
Oracle report and shares Oracle Corp. has reported its fiscal third-quarter revenue, which increased by 18% to $12.4 billion, a figure that is just shy of analysts' average estimate of $12.41 billion. The company's cloud revenue segment, which it h...
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