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Business, Stocks

“Ambani’s Reliance to Offer $20 Billion Stake in Retail Arm to Amazon”

September 10, 2020

“Indian billionaire Mukesh Ambani’s Reliance Industries Ltd. is offering to sell a roughly $20 billion stake in its retail business to Amazon.com Inc., according to a person with knowledge of the matter. Amazon has held discussions about investing in the… Continue Reading…

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Business

“TikTok likely to announce sale of U.S. operations in the coming days in $20 billion to $30 billion range”

August 28, 2020

“TikTok is nearing a deal to sell its U.S. operations and could announce a deal in the coming days, according to people familiar with the matter. Kevin Mayer, TikTok’s CEO, announced his resignation Thursday after news of the announcement leaked… Continue Reading…

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Business

“Men’s Wearhouse owner Tailored Brands plans to shut 500 stores, cut 20% of corporate workforce”

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…

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Stocks

“Tesla Stock Jumped 20%. It Makes No Sense.”

February 4, 2020

“Tesla shares rose almost 20% Monday, hitting another all-time high. The question is why? The move, frankly, baffled investment pros… But first a run down of recent numbers. They are incredible. Monday was the largest percentage increase in Tesla (ticker: TSLA) stock since May… Continue Reading…

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Investing, Stocks

“Coronavirus fears could trigger a 10% to 20% selloff in the stock market: strategist”

February 3, 2020

“The economic wildcard that has become the coronavirus may not yet be done wreaking havoc on global stock markets. In fact, things could get much worse before they get better. “In a worst-case scenario, global equities could fall by as much as… Continue Reading…

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Economy

“The Verdict Is In: Farm Bankruptcies Up in 2019”

January 31, 2020

“While well below historical highs, Chapter 12 family farm bankruptcies in 2019 increased by nearly 20% from the previous year, according to recently released data from the U.S. Courts. Compared with figures from over the last decade, the 20% increase trails… Continue Reading…

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Stocks

“Twitter stock tumbles 20% after company says advertising bugs weighing on earnings”

October 24, 2019

“Twitter Inc. shares were tanking in premarket trading Thursday after bugs in the company’s advertising platform led to misses across the board on its financial metrics, even as user growth proved more rapid than expected. The stock was off nearly… Continue Reading…

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Stocks

“NanoViricides (NNVC) Announces 1-for-20 Reverse Stock Split”

September 20, 2019

“NanoViricides, Inc. (NYSE.: NNVC) (the “Company”), announced today that its Board of Directors has approved a 1-for-20 reverse split of all of the Company’s capital stock, including its common stock, which will be effective after the market closes on September 23,… Continue Reading…

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Economy

“Canada Oil Industry Loses Over 20% Of Workforce Since 2014”

April 12, 2019

“Canada’s oil and gas industry could shed another 12,500 and more jobs this year, which would bring the total job losses over the past five years to 23 percent of the 2014 total, which stood at 226,500. These are among… Continue Reading…

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