May 1, 2019
“Alphabet Inc’s Google on Monday saw its slowest revenue growth in three years from increased competition in advertising, stumbles in its smartphone business and disruptive changes at YouTube that left the leading internet ad company lagging rivals. Shares of Alphabet… Continue Reading…
May 1, 2019
“The U.S. Bureau of Labor Statistics released its December jobs report Friday morning, showing nonfarm employment was up by 312,000, stronger than analysts expected. The impressive jobs number, along with the Fed signaling patience on rate hikes, shook the stock… Continue Reading…
April 25, 2019
“Microsoft shares are trading near a record after rallying 34% over the past year. The stock climbed past $130.50 in extended trading, pushing the market cap over $1 trillion. Sales jumped 14% in the latest quarter, driven by the company’s… Continue Reading…
April 23, 2019
“The number of small business sales counted by online market BizBuySell.com fell 6.5% during the first quarter from the same period of 2018, following a 6% fourth quarter drop. BizBuySell.com reported 2,504 first quarter transactions, down from 2,678 a year… Continue Reading…
April 20, 2019
“The unexpectedly strong month for the key retail sector helped recover losses after December’s worrisome slump, according to the Commerce Department… Total retail sales rose 1.6 percent to $514.1 billion, well above the 0.9 percent economists had been expecting. The… Continue Reading…
April 20, 2019
“Publicly traded cannabis companies have reported strong sales since Canada legalized pot last October and several US states voted to approve recreational and medical marijuana use… “This business is still in its infancy. It’s like investing in alcohol post-Prohibition. There… Continue Reading…
April 18, 2019
“Under President Trump’s new tax law, 60 of America’s biggest corporations paid $0 in federal taxes in 2018, despite earning billions of dollars in profits. Amazon, Netflix, General Motors, Chevron, JetBlue, IBM and U.S. Steel were all among the companies… Continue Reading…
April 13, 2019
” Uber Technologies Inc has 91 million users, but growth is slowing and it may never make a profit, the ride-hailing company said on Thursday in its IPO filing. ..” https://uk.reuters.com/article/us-uber-ipo/uber-reveals-91-million-users-but-cautions-on-profitability-in-ipo-filing-idUKKCN1RN2SK Wow! Uber may never make a profit? Never!? Get… Continue Reading…
April 10, 2019
“The approval percentage for small business loan applicants hit a record high of 27.3% at big banks ($10 billion+ in assets) in March, up one-tenth of a percent from February, according to the latest Biz2Credit Small Business Lending Index™. Approvals… Continue Reading…
April 9, 2019
“Growing monopoly power is seen across the developed world, which could be a contributor to ills ranging from lackluster investment growth to growing income inequality, a new International Monetary Fund report finds. The IMF paper, released ahead of its World… Continue Reading…
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