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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 Sunrise Records and Entertainment Ltd. in Canada. The...

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 earnings as well as revenues, driven by accelerated...

Central Banks Partner to forward Digital Currencies

On Tuesday, the European Central Bank announced that a group of central banks will join forces to forward central bank digital currencies (CBDC), amongst discussions about the future of money and its control.  The Bank of Canada, the Bank of...

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 creative community, as over 20 French productions in...

Microsoft Announces Plans to Be Carbon Negative by 2030

Microsoft Corporation (NASDAQ:MSFT) today announced its plan to be carbon negative by 2030. The Company’s ambitious goal is to significantly reduce and ultimately erase its carbon emission.  Chief Executive Officer of Microsoft, Satya Nadella,...

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PayPal to Acquire Honey Science Corporation

PayPal Holdings, Inc. (NASDAQ: PYPL) announced that it has completed the acquisition of Honey Science Corporation, the online shopping tool, for roughly $4 billion in cash. PayPal intends to expand its appeal with this transaction, while...

Samsung Announces Galaxy 5G Smartphones Sales

Samsung Electronics provided statistics Friday regarding the sale numbers of the Company’s 5G smartphone devices. According to the giant electronics manufacturer it has sold more than 6.7 million Galaxy 5G smartphones globally. As of November...

Dow Continues Rally into the New Year

U.S. markets continued to rally heading into New Year on Thursday morning. The Dow Jones Industrial Average was lifted by 170 points or 0.6% shortly before the opening bell on Thursday. The S&P 500 Index edged higher by 20 points or 0.62%,...

Tesla to Start Delivers in China

Tesla Inc (NASDAQ: TSLA) claims it will start delivering its first China-produced Model 3 vehicles to the public on January 7th at an event at its Shanghai plant, according to a report by Reuters. China is the world’s largest auto market, and the...

Dow Surges to Record Highs After China cut Import Tariffs

U.S. markets continued their bullish run on Monday as the Dow Jones Industrial Average reached record-highs once again after gaining 114.73 points or 0.40% after China decided to cut import tariffs. The S&P 500 Index 4.88 points or 0.15%,...