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Ford to Discontinue Flex Crossover, Laying Off 450 Canadian Workers
Ford Motor Company (NYSE: F) is laying off about 450 workers at its Oakville Assembly plant in Ontario,...
Snap Tops Q3 Estimates, Falls on Weaker Guidance
Snap Inc. (NYSE: SNAP) reported its third quarter financial results on Tuesday during aftermarket hours....
Air Canada Pulls Boeing 737 Max From Schedule Through Mid-February
Air Canada (OTC: ACDVF) on Wednesday said it will scratch the Boeing 737 Max from its flying schedule...
Apple Card Rolls out with help of Goldman Sachs
The credit card, Apple (NASDAQ: AAPL) created with Goldman Sachs is in fact not really a card. The tech...
Coca-Cola Foundation & Benioff Ocean Initiative Announce USD 11 Million Funding to Clean Up Rivers
The Benioff Ocean Initiative and The Coca-Cola Foundation, which is the global philanthropic arm of The Coca-Cola Company (NYSE:KO), announced today USD 11 million in funding to nine river clean-up programs around the world in the next three...
Denali Therapeutics Announces Positive Progress Including LRRK2 Program for Parkinson’s Disease
Today Denali Therapeutics Inc. (NASDAQ: DNLI), a biopharmaceutical company developing a broad portfolio of product candidates engineered to cross the blood-brain barrier (‘BBB’) for neurodegenerative diseases, announced broad pipeline progress...
Hong Kong Market Rebounds on Trade Talks After Violent Week
Hong Kong’s Hang Seng index tumbled last week by as much as 1,300 points or 4.7% as the protests continued to escalate and as the U.S.-China trade war continued to pound on global economies. Last week, Asian markets edged...
U.S. Consumer Prices Rise 0.4% in October
Consumer prices rose a seasonally adjusted 0.4% in October, the Labor Department said Wednesday. Households paid more for energy products, healthcare, food and a range of other goods. The Consumer Price Index (CPI), which...
Gold Slumps Amid Optimistic U.S.-China Trade Matters
Gold was on track for the biggest weekly loss in three years as optimism revolving around U.S. and China trade matters sent markets soaring throughout the week. Since Monday leading into Friday’s low, gold prices tumbled by...
Oracle Offers New Data Insight Aid for Retailers
Oracle Corporation (NYSE: ORCL) reported that a new offering from Oracle Retail, Consumer Insights aids retailers in understanding the characteristics of their best customers,...
Boeing shares rise: U.S. believes Iran shot down Boeing 737 in Tehran by accident
The Boeing Company (NYSE: BA) shares rise since U.S. Officials increasingly believe that Iran might have accidentally shot down the Ukrainian International Airline Boeing...
Uber launches pin codes to increase safety
Uber (NYSE: UBER) is offering riders across the U.S. and Canada a four-digit pin code to increase the riders safety. Since Tuesday the Company provides their riders with a...
NVIDIA Officially Launches GeForce Now Cloud Gaming Service
Chipmaker NVIDIA Corporation (NASDAQ:NVDA) today officially launched its cloud-based game streaming service GeForce Now, when opening it up for membership. NVIDIA shares were...
Goldman Considers Small-Business Loans Deal With Amazon
Goldman Sachs Group, Inc. (NYSE: GS) is negotiating with Amazon.com, Inc. (NASDAQ: AMZN) about offering small- and medium-sized businesses loans in the United States on the...
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Costco Shares Surge As Coronavirus Outbreak Causes Stockpiling Rush
After the coronavirus outbreak reached the U.S. nervous customers started loading up on goods, which caused Costco Wholesale Corporation's (NASDAQ: COST) stock to climb. Stock of the wholesale Chain was up 6% in the stock market today. Costco is...
Trans World Entertainment Announces Plans to Sell FYE Chain for USD 10 Million
The Trans World Entertainment Corporation (NASDAQ:TWMC) announced today that its board of directors has agreed to sell the For Your Entertainment (FYE) segment for USD 10 million in cash to...
IBM Reports 2019 Fourth-Quarter and Full-Year Financial Results
Today IBM (NYSE:IBM) announced its fourth-quarter and full-year 2019 financial results. International Business Machines reported surprise growth in quarterly revenues and higher than expected...
Netflix Opens Paris Office and Announces New Local Content
Netflix, Inc. (NASDAQ: NFLX) announced Friday the celebration of the opening of its new Paris office in the heart of the 9th arrondissement. The Company emphasizes its commitment to France’s...
Staff Picks
Feds Leave Rates Steady and Hint Pause in 2020
The Federal Reserve held interest rates steady at its December meeting on Wednesday, halting a series of rate cuts that lifted markets and countered recession fears amid the ongoing trade tensions between the U.S. and China, according to CNN....
U.S. Markets Bounce Around as Trade Talks Weigh In
U.S. markets bounced around on Tuesday morning as investors and analysts continued to digest trade talks between the U.S. and China. The Dow Jones Industrial Average initially fell by as much as 100 points at the opening bell. However, late...
Sanofi Acquires Synthrox for USD 2.5 Billion
Sanofi (NASDAQ: SNY) announced on Monday that it has acquired Synthorx (NASDAQ: THOR) for USD 2.5 Billion to boost its immuno-oncology pipeline. Synthorx shares surged by 169% at the open on Monday. Synthorx is a biotechnology company aimed at...
U.S. Markets Roar on Better-Than-Expected November Job Reports
U.S. markets roared on Friday after a better-than-expected employment report for November. The Labor Department reported that the economy created 266,000 jobs, lowering unemployment rates to 3.5%, a 50-year low. The Dow Jones Industrial Average...
RH Shares Soar on Earnings Beat and Revised Guidance
RH (NYSE: RH), formerly known as Restoration Hardware, reported its third quarter financial results on Wednesday during extended trading hours. The Company topped earnings and revenue estimates, sending shares higher by 10.3% on Thursday. For...
Shopify Shares Pop on Record-Breaking Black Friday and Cyber Monday Sales
Shopify (NYSE: SHOP) shares popped 5.7% on Tuesday during late trading sessions after the Company reported record-breaking Black Friday and Cyber Monday sales. The Company highlighted that over one million merchants sold delivered revenues of...