Shares of MGM resort international (MGM) soared 25% to $23.79 on Monday after IAC Inter/Active Corp (IAC) bought a 12% stake worth $1 billion in the company. Barry Diller, the IAC chairman describes t...
Eight months ago, McDonald’s fired its former CEO Steve Easterbrook over sexual allegations with a subordinate. Easterbrook offered an apology and exited the company with tens of millions as compens...
On Monday, Uber and Lyft (LYFT) were ordered by Judge Ethan Schulman of the San Francisco Superior Court to stop classifying their drivers as independent contractors and instead, follow the governin...
The Canada-based drugmaker Bausch Companies Inc (BHC). announced on Thursday that it plans to spin off its eye care business, Bausch + Lomb, into an independent publicly listed company. Following the ...
Democratic U.S. presidential candidate Joe Biden has spoken up in support of undocumented immigrants getting free COVID-19 tests and vaccines. Just a few weeks ago, Biden published his $775 billion pl...
Amazon is currently in talks with mall-owner Simon Property Group overusing some closed J.C. Penney and Sears stores as fulfillment centers, according to the Wall Street Journal on Sunday.“For Amaz...
Hong Kong media tycoon and democracy activist, Jimmy Lai was arrested early Monday according to his top aide. Lai was arrested over suspected collusion with foreign forces, breaching the new national ...
The chief executive of Google (GOOG), Sundar Pichai, on the 13th of July 2020 unveiled Google for India Digitization fund, a medium through which the company will be making investments in the country....
The entertainment company posted results for its second-quarter earnings on Wednesday. Live Nation (LYV) saw a 98% drop in its revenue for the just reported quarter which ended June 30, 2020. The comp...
At the beginning of August, about 32% of Americans still had outstanding housing payments, according to Apartment List. As September draws near, Congress continues to debate on what to include and th...