Mexico City-based Alfa (ALFAA.MX) announced on Friday that will spin off the remaining of its 75% stake in Nemak (NEMAKA.MX), which caused the company's stock to surge 17%. Stakeholders are currently ...
The Royal Dutch Shell reported its second-quarter earnings result on Thursday. The oil company saw a sharp drop in net profit for the three-month period which ended in June. The last three months have...
Nvidia (NVDA) has announced its intention to buy chip designer ARM Ltd. from Softbank. Based on the reports that came in from Bloomberg News, there is a possibility of the deal reaching a conclusion w...
The 194-year old department store, Lord & Taylor recently filed for bankruptcy. Before the emergence of the coronavirus pandemic, the department store was struggling financially until the pandemi...
Ex-NBA superstar, Michael Jordan and his Jordan Brand pledged to give $2.5 million to three organizations that support Black voter rights.The three organizations receiving this donation include the NA...
Microsoft (MSFT) is serious about acquiring video social media company TikTok and the company confirmed the deal on Sunday, August 2, 2020. Microsoft issued a statement on its website stat...
Since winning the UEFA Champions League, Club World Cup, and the Premier League trophies the value of Liverpool FC has grown tremendously. One of the beneficiaries of such growth i...
On Thursday, Amazon (AMZN) reported its second-quarter earnings which revealed that not only did the company exceed analysts' estimates but also recorded a double-digit revenue growth year over year.&...
On Thursday, Facebook (FB) submitted its second-quarter earnings report which revealed that for the first time since its IPO in 2012, the company is experiencing very slow revenue growth. However, des...
On Thursday, the Federal Communications Commission announced that Amazon (AMZN) might finally be working on its satellite system which the company said would compete with Elon Musk's SpaceX’s Starli...