July 18, 2022
“…The streaming giant will report its second-quarter earnings on Tuesday, and it’s shaping up to be one of the most consequential moments in the 25-year history of the company. Netflix is having a terrible year. In April, the company reported that… Continue Reading…
June 24, 2022
“The retail industry is up against a potential wave of bankruptcies following a monthslong slowdown in restructuring activity. There could be an increase in distressed retailers beginning later this year, experts say, as ballooning prices dent demand for certain goods,… Continue Reading…
June 20, 2022
“EDITOR’S NOTE: Among the many economic indicators investors follow, the National Federation of Independent Business (NFIB) Optimism Index may not be among the most popular. It should be, however. The index reflects the collective wisdom of business leaders across multiple… Continue Reading…
May 26, 2022
“Broadcom will buy VMware in a cash-and-stock transaction valued at $61 billion, based on the closing price of Broadcom common stock on May 25, 2022, the companies announced Thursday. The deal would be one of the largest technology acquisitions of all time, behind Microsoft’s pending $69… Continue Reading…
May 12, 2022
“Oil giant Saudi Aramco on Wednesday surpassed Apple as the world’s most valuable firm. Aramco’s market valuation was just under $2.43 trillion on Wednesday, according to FactSet, which converted its market cap to dollars. Apple, which fell more than 5% during trading… Continue Reading…
April 29, 2022
“The belt tightening appears to have started at Netflix: A number of journalists working for the company’s entertainment site Tudum have been laid off, according to tweets by those affected. A Netflix spokesperson told Protocol Thursday that there were no plans to… Continue Reading…
April 25, 2022
“Twitter shares jumped more than 3% on reports the company is nearing a deal with Elon Musk that could be announced as soon as Monday. Musk earlier this month offered to buy Twitter for $54.20 a share, or about $43 billion. The social media… Continue Reading…
April 11, 2022
“Tesla and SpaceX CEO Elon Musk has abandoned his plans to join the board of Twitter, his social network of choice. Twitter CEO Parag Agrawal announced publicly Sunday that Musk remains the largest shareholder of Twitter, and the company will remain open to his… Continue Reading…
April 4, 2022
“Ford Motor’s U.S. sales of new vehicles declined 17% during the first quarter, including a 26% slide last month, as the automaker continues to battle a global shortage of semiconductor chips. The automaker on Monday reported first quarter sales of 432,132… Continue Reading…
March 18, 2022
“About 50% of leaders say their company already requires or is planning to require employees to return to in-person work full-time in the next year, according to new research from Microsoft, which surveyed 31,102 workers around the world between January and… Continue Reading…
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