July 23, 2020
For those who like my content you can also follow me on these sites: Facebook, Twitter, Linkedin, Tumblr and Pocket. Raxxmorz.com is the main hub for content of course. Don’t be shy. Feel free to leave any questions or comments.… Continue Reading…
July 23, 2020
“The number of Americans who filed for unemployment benefits rose more than expected last week… The Labor Department said Thursday initial jobless claims came in at 1.416 million for the week ending July 18. Economists polled by Dow Jones expected… Continue Reading…
July 23, 2020
“1. Walmart Walmart (NYSE:WMT) has a simple formula with a proven long-term success rate. Opening its first discount store nearly six decades ago, the retailer keeps costs low and passes these savings on to its customers. This sounds deceptively easy, but other companies have… Continue Reading…
July 23, 2020
“Twitter (TWTR) is actively exploring additional ways to make money from its users, including by considering a subscription model, CEO Jack Dorsey said Thursday. The move comes as Twitter suffers a sharp decline in its core advertising business. “You will likely see… Continue Reading…
July 22, 2020
“Margaret Keane has been in the credit card business for 40 years and she’s seeing something she never expected: There’s mass unemployment, yet Americans are paying their bills on time. In normal times, that’d be good sign of financial responsibility.… Continue Reading…
July 22, 2020
“Typically, when a public company reports earnings, it highlights a positive in its release, no matter how much money it lost in the previous three months. But on Tuesday, United Airlines did not spin, telling investors it recently completed “the… Continue Reading…
July 21, 2020
“Tailored Brands said it is eliminating roughly 20% of its corporate workforce by the end of its fiscal second quarter. It also said it has selected up to 500 stores that it could close “over time.” It did not disclose locations…… Continue Reading…
July 21, 2020
“Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: 42 cents, adjusted, vs. 40 cents expected Revenue: $7.2 billion vs. $7.2 billion expected Coke reported fiscal… Continue Reading…
July 20, 2020
“Chevron said on Monday it would buy Noble Energy in a $5 billion all-stock deal, bolstering its shale presence as a plunge in crude prices have made assets cheaper. The deal, the largest in the U.S. energy sector this year, comes more than… Continue Reading…
July 20, 2020
“U.S. retail sales increased more than expected in June, but the budding economic recovery is being threatened by a resurgence in new Covid-19 infections and high unemployment. The Commerce Department said on Thursday retail sales rose 7.5% last month. That was… Continue Reading…
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