Toys "R"
Us's bankruptcy was a big blow for toy makers and for the economy last year.
The company's
filing for Chapter 11 bankruptcy protection in September of 2017 may have
contributed to a disappointing jobs report last summer.
The gains in retail
jobs...
The first-ever NASH
drug may be close to being approved by the Food and Drug Administration and it
belongs to Intercept Pharmaceuticals.
NASH, also called
nonalcoholic steatohepatitis, is a serious liver disease that is caused by the
accumulation of fat in the liver. It can lead to liver...
Walmart just showed Amazon who's boss. The world's largest retailer posted
holiday quarterly results that blew past expectations.
For the fourth quarter, Walmart reported that sales at stores open in the
United States for at least a year had jumped 4.2% compared to the period a...
Tesla's CEO Elon
Musk has announced recently that the electric car maker will not be getting
involved with cryptocurrency.
Musk admits that
bitcoin is interesting but that it is not in Tesla's plans.
"Bitcoin’s
structure is brilliant but I don’t think it would be a...
Orange vanilla coke
is the newest flavor to be added to Coca-Cola's line up and it's the first time
the beverage giant has added a new flavor in over a decade.
The new tasted was
debuted in February and both Orange Vanilla Coke and Orange Vanilla Coke...
While some are celebrating the fact that e-commerce giant Amazon has pulled
its plans to set up a new headquarters in New York, many politicians are upset.
Amazon's move would have created
thousands of jobs for New York but had been met with much opposition from
politicians...
Not too long ago
chipmaker Nvidia released mixed fourth quarter fiscal 2019 results.
While the company
beat in the top line, adjusted earnings came in below estimates. Revenues also
saw a decline in the mid-twenties percent and GPU as well as Tegra Processors
segments saw drops in sales....
It was in early
February that toymaker Mattel Inc. released its fourth quarter holiday financial
report. The stock soared to its highest level in five months on the results.
Mattel's fourth
quarter results revealed the best sales yet for the company's iconic Barbie
doll in at least five...
TF Securities
analyst Ming-Chi Kuo, a known reliable Apple analyst, has released his
predictions for what the tech giant will be releasing this year in terms of
products.
In a wide-reaching
new investor note, the analyst has said that Apple will be releasing new iPads
this year, as well...
John Schnatter, the
ousted former chairman of pizza restaurant chain Papa John's, may be in support
of an investment from Starboard Value LP into the chain, but he's still not
friendly with the chain.
While he has
welcomed the investment from the hedge fun, he filed an...
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