Executives Resign From Tesla

Gaby Toledano, Tesla’s HR head, has stated that she will not be returning to Tesla following a leave of absence. Toledano began working as the head of HR for Tesla just over a year ago. Her news follows the resignation of the company’s chief accounting officer, Dave Morton, earlier this week. Sarah O’Brien, Tesla’s vice president […]
  • September 7, 2018

Executives Resign From Tesla

Gaby Toledano, Tesla’s HR head, has stated that she will not be returning to Tesla following a leave of absence. Toledano began working as the head of HR for Tesla just over a year ago. Her news follows the resignation of the company’s chief accounting officer, Dave Morton, earlier this week. Sarah O’Brien, Tesla’s vice president […]
  • September 7, 2018

Phillip Frost Charged By SEC For Market Scheme

The Securities and Exchange Commission (SEC) charged Billionaire Phillip Frost with participating in a classic pump-and-dump scheme. The Miami resident and founder of the Phillip and Patricia Frost Museum of Science made his billions through his large pharmaceutical company OPKO Health. The charge suggests that Frost and 9 other investors participated in the scheme from […]
  • September 9, 2018

Phillip Frost Charged By SEC For Market Scheme

The Securities and Exchange Commission (SEC) charged Billionaire Phillip Frost with participating in a classic pump-and-dump scheme. The Miami resident and founder of the Phillip and Patricia Frost Museum of Science made his billions through his large pharmaceutical company OPKO Health. The charge suggests that Frost and 9 other investors participated in the scheme from […]
  • September 9, 2018

Executives Resign From Tesla

Gaby Toledano, Tesla’s HR head, has stated that she will not be returning to Tesla following a leave of absence. Toledano began working as the head of HR for Tesla just over a year ago. Her news follows the resignation of the company’s chief accounting officer, Dave Morton, earlier this week. Sarah O’Brien, Tesla’s vice president […]
  • September 7, 2018

Head of USA Gymnastics, Kerry Perry, Has Been Fired

Kerry Perry recently left her position as the head of USA gymnastics after she was asked to resign. Perry was hired as the CEO and president of the national gymnastics team, despite her lack of experience with the sport. When she was hired, Perry stated that her main focus was “on creating an environment of […]
  • September 5, 2018

Snapchat finally turning the corner?

Unlike a Snapchat picture, the company may not be disappearing Snapchat (SNAP) has been heavily scrutinized since it had its IPO in March 2017, just over a year ago. Since then, its shares have fallen 57% and have seen no signs of coming back up. However, this week, shares are back up 8%. This sudden […]
  • Ben Norman
  • June 4, 2018
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Google won’t renew contract with Defense Department

Google avoids PR damage Google announced on Friday that it will not renew its contract with the Department of Defense, for which it analyzed drone footage. The project, called Project Maven, was a public relations nightmare for Google. Many people criticized Google for the unethical use and support of artificial intelligence. Consequently, their contract will […]
  • Ben Norman
  • June 4, 2018
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Unemployment levels reaching historic lows

Good news for people looking for jobs The unemployment continues to fall, reaching 3.8% in May. This is the lowest percentage since April 2000. Businesses continue to employ more workers, with job openings posting at record-highs. In fact, the year-over-year difference in job creation has even improved in 2018. This year, the US economy has […]
  • Ben Norman
  • June 1, 2018
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Amazon tightens policy in Australia

Make way for an Amazon-Aussie standoff Starting on July 1st, Australian consumers will face more restrictions from e-commerce giant Amazon. Consumers in Australia will no longer be able to purchase goods from Amazon’s international website (the one that most consumers are used to). They will now only be able to use Australia’s domestic Amazon site. […]
  • Ben Norman
  • June 1, 2018
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Samsonite CEO Steps Down

Samsonite has some new baggage Luggage manufacturer Samsonite lost its CEO Ramesh Tainwala on Friday. The announcement came after short-seller Blue Orca Capital accused him of false educational background claims on his resume. Moreover, Tainwala claimed that he had a doctorate in business administration on his resume, which Blue Orca Capital challenged. Tainwala joked with […]
  • Ben Norman
  • June 1, 2018
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Vegas casino employees going on strike

The cards are not in Vegas’s hands The unionized casino workers of Las Vegas will go on strike this week or the following. According to the union, the two most popular casinos, MGM Resorts International and Caesars Entertainment, could lose $10 million a day. The casinos would lose a combined estimate of 50,000 workers, forcing […]
  • Ben Norman
  • June 1, 2018
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Italy making significant changes

Italy potentially faces turmoil On Wednesday, Italy sold €5.6 billion ($6.5 billion) of debt. The breakdown looked like this: €1.75 billion of five-year bonds, €2 billion of seven-year bonds, and €1.8 billion of ten-year bonds. However, unfortunately for investors, yields rose significantly on Wednesday from the previous auction, meaning the bonds have a higher risk […]
  • Ben Norman
  • June 1, 2018
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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 in Uber, who is also testing self-driving functionalities. GM will follow suit, investing $1.1 billion […]
  • Ben Norman
  • June 1, 2018
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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 announced that he bought 75 million shares of Apple (AAPL) in the first few months […]
  • Ben Norman
  • May 31, 2018
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