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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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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...

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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 four-digit pin code to...

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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...

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Staff Picks

Facebook and Instagram Influencers Can No Longer Promote Vaping

Instagram and its owner Facebook, Inc. (NASDAQ: FB) has banned the promotion of vaping, tobacco, and weapons on its platforms, reports CNBC.  The promotion of vaping, tobacco, and weapons have been prohibited by Facebook and Instagram for a long...

Tesla Considering Lowering Prices of China-Built Model 3

Tesla, Inc. (NASDAQ: TSLA) is possibly considering cutting the price of its China-built Model 3 sedans by 20% or more next year, according to Bloomberg, citing sources familiar with the matter.  Tesla shares were trading 2.01% or at USD 386.60...

Boeing Shares Slide After Temporarily Suspending 737 Production

Boeing (NYSE: BA) announced on Monday that it has decided to temporarily suspend the production of the 737 MAX aircraft until January. Boeing shares slipped by 4.3% at the opening bell on Tuesday. Reports emerged over the weekend that Boeing was...

Delta Forecast Revenue Growth in 2020

Delta Air Lines (NYSE: DAL) held its annual event for the investment community on Thursday and provided an update on its business strategy and 2020 financial targets.   The airline highlighted in its event that Delta expects diluted earnings...