Markets

May25, 2018

President Trump may create automobile tariff

Imported car tariffs may be in the near future President Trump’s most recent tariff idea after the aluminum and steel tariffs is on imported automobiles. Trump has stated that he would consider as high as a 25% tariff on all…
May24, 2018

Netflix eclipses Disney and Comcast for media net worth

Netflix is king of the media As of Thursday, Netflix is worth more than Disney and Comcast. Netflix (NFLX) rose to $153.1 billion in market value, and Disney’s (DIS) fell to $152 billion. As of Wednesday, Comcast (CMCSA) is valued…
May24, 2018

Mergers valued at $2 trillion total in 2018

M&A are here to stay If you’ve been keeping up with the news recently, you may be thinking, “Wow, it seems like there are a lot of mergers happening.” If that is the case, you are correct. In a little…
May22, 2018

General Electric is selling its rail business

A pioneer is slowly collapsing. The company’s 111-year old branch will come to a close, according to General Electric on Monday. GE will sell its rail business to rival Wabtech for an $11 billion acquisition. The deal will give shareholders…
May21, 2018

Coca-Cola unveils Bluetooth-operated soda machine

Coca-Cola still hoping to rebound from the struggling soft drink market You may know of the Coca-Cola Freestyle dispensers, in which you can choose from tens of different options of drink flavors. These options range from Vanilla Coke to Raspberry…
May21, 2018

Tesla unveils new $78,000 performance Model 3

Model 3 production may be looking up for Tesla The original Model 3 costs roughly $35,000, and this weekend Elon Musk announced that this price will be more than doubled for the high-performance Model 3. So, what makes it worth…
May20, 2018

Campbell Soup CEO announces retirement

Denise Morrison steps down after seven years Denise Morrison, one of just 24 Fortune 500 female CEOs, announced her abrupt retirement on Friday. Neither Morrison nor Campbell gave any reasoning behind the sudden retirement, but the seven-year CEO will be…
May18, 2018

Can anyone save the toy market?

Mattel, Hasbro, and others must make changes in a changing industry With the fall of Toys “R” Us, toy manufacturers are seeing their profits plummet. Mattel – the toy manufacturer that owns Barbie and Fisher-Price – has seen its shares…
May18, 2018

Zoetis acquires veterinary research firm Abaxis for $1.9 billion

Zoetis-Abaxis acquisition opens new doors for both companies On Wednesday, Zoetis – the largest animal health and service provider – announced its bid of Abaxis for $1.9 billion. Abaxis uses technology and diagnostics to predict and treat animal diseases like…
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