Finance news

Walmart Announces Adoption Of New Food Initiative (WMT)

Walmart Announces Adoption Of New Food Initiative (WMT)

Walmart is adopting a new food initiative aimed at improving the nutrition in its customer’s diets and lessening the impact that its food production partners have on the environment. The initiative will also explore ways to reduce the overall cost of food, reduce food waste, and get more affordable nutritious […]

Amazon E-Book Price Dispute Spreads To Germany (AMZN)

Amazon E-Book Price Dispute Spreads To Germany (AMZN)

Amazon’s dispute over the pricing of e-books that it purchases from publishers has spread from the United States to Germany. Amazon has been accused of using the same tactics against the Bonnier Group and their associated authors as it used against publishers in the United States, notably the publisher Hachette. […]

Boeing Co (BA) Bullish On Air Traffic, New Orders’ Annual Forecast

Boeing Co (BA) Bullish On Air Traffic, New Orders’ Annual Forecast

Boeing Co (NYSE:BA) remains bullish on the airline passenger traffic and commercial aircraft sales. According to Reuters, the company’s airline passenger traffic is expected to increase by 6% by the end of 2019. Boeing said that the increased passenger traffic will ultimately lead to aircraft’s increased demand during the year, […]

China and Truck Sales Drive Profit at GM That Beats Wall Street

China and Truck Sales Drive Profit at GM That Beats Wall Street

General Motors Company reported record earnings for the quarter before charges as strong demand for its trucks across North America and increased profit margins within China overcame a drop in revenues. Shares of GM were up 4.5% on the news in trading before the bell on Wednesday. GM posted a […]

23andMe Could Be The Next Big Thing In Biopharma

23andMe Could Be The Next Big Thing In Biopharma

Mountain View, California-based startup 23andMe is partnering up with drug giant Pfizer Inc. (PFE) to undertake a study to explore the possible genetic underpinnings of inflammatory bowel diseases (IBDs). 23andMe is a privately held genomics and biotechnology company, and is currently working on a number of research projects on genetic […]

Nintendo Seeks New Sales Hit With Amiibo Figures (NTDOY)

Nintendo Seeks New Sales Hit With Amiibo Figures (NTDOY)

Nintendo has released a new product for the holiday season – a collection of figurines in the likeness of some of Nintendo’s most notable characters that will interact with the company’s Wii U console. Nintendo also released the latest installment of the Super Smash Bros. video game, a top-selling franchise […]

Amaya Gaming Acquired PokerStars for $4.9 Billion

Amaya Gaming Acquired PokerStars for $4.9 Billion

Amaya – Poker Stars Deal If you ever wondered how much money was actually in online gambling and gaming sites wonder no more. Amaya Gaming, a small publicly-traded Canadian supplier of gambling equipment has reached an agreement to purchase PokerStars, the world’s biggest online poker company, for $4.9 billion. The […]

Apple Inc: Dr. Dre’s Beats Lost 200 Employees

Apple Inc: Dr. Dre’s Beats Lost 200 Employees

You would have thought your job was safe when one of the biggest companies in the free world bought the comany where you were employed, but for 200 workers at headset maker Dr. Dre’s Beats that wont be the case. Not all is lost however. Most will be offered different […]