Business

Jun01, 2018

GM and Softbank invest in autonomous cars

All aboard the self-driving bandwagon GM and Softbank are the most recent firms to invest in self-driving cars. Japanese holding company Softbank announced its investment of $2.25 billion into GM’s self-driving development. In December, the firm purchased a 15% stake…
May31, 2018

Warren Buffett nearly invested in Uber

Uber misses out on Buffett's investment When Warren Buffett invests in or even comments on a company, every investor takes notice. Indeed, he has the ability to send shares skyrocketing solely because he is confident in it. Further, when he…
May30, 2018

Walmart will help employees pay for college

Today is a good day for Walmart workers The company announced Wednesday that any worker that pursues an associate’s or bachelor’s degree in business or supply chain management will receive a scholarship. Employees will have to pay $1 per day…
May30, 2018

Canada buys oil pipeline

Canada creates controversy with their pipeline purchase Canadian Prime Minister Justin Trudeau announced the country will buy a 715-foot oil pipeline for 4.5 billion Canadian dollars ($3.5 billion). This project will increase oil capacity to 890,000 barrels of oil per…
May30, 2018

Microsoft eclipses Alphabet in value

The technology firm’s market value surpassed Google parent Alphabet on Tuesday Microsoft (MSFT) shares have increased by 15% since the beginning of 2018 and nearly 41% in the past year. Contrarily, Alphabet (GOOGL) has increased by just .3% in 2018…
May30, 2018

MoviePass will begin distributing movies

Can MoviePass survive? MoviePass, the monthly movie ticket-subscription service, will start its own film distribution branch called MoviePass Ventures this year. This announcement occurred at the Sundance Film Festival in January, where the company also stated it was working with…
May30, 2018

White House imposes tariff on Chinese goods

Is there a trade war in the US's future? The Trump administration announced it will impose a 25% tariff on $50 billion worth of Chinese goods this Tuesday. The list of goods is yet to be announced, but if rumors…
May30, 2018

SoulCycle suspends IPO

SoulCycle will stay privately-owned The indoor cycling company will suspend its IPO for now “due to market conditions.” The firm filed paperwork with the SEC in 2015, and it is now pumping the brakes. Originally, SoulCycle hoped to raise $100…
May29, 2018

Europe proposes ban on plastic items

The European Commission is planning a complete overhaul of its environmental policy The European Commission's first order of business is the ban on ten plastic items that create waste in European waters. According to them, these ten items account for…
Page 10 of 132« First...«89101112 » 203040...Last »