NEW YORK – Sony Pictures has pulled the film “All the Money in the World” from its AFI Fest premiere following the sexual misconduct allegations made against co-star Kevin Spacey. Continue Reading Below In a statement Monday, Sony’s TriStar Pictures said it was withdrawing the film from the Los Angeles […]
FOX Business News
Lyft COO Rex Tibbens to quit by year end
U.S. ride-hailing service Lyft’s Chief Operating Officer Rex Tibbens plans to step down by the end of the year, according to an internal memo seen by Reuters. Continue Reading Below Tibbens’ move comes at a time when Lyft is close to hiring an advisory firm for it’s proposed initial public […]
Trump lands in South Korea, frontlines of North Korean nuclear standoff
U.S. President Donald Trump arrived in South Korea on Tuesday, the closest he has come to the frontlines of the nuclear standoff with North Korea, on a visit that could further aggravate tensions with Pyongyang. Continue Reading Below Landing at Osan Air Base outside the capital Seoul, Trump stepped down […]
American Airlines settles disabilities case for $9.8 million
FORT WORTH, Texas – American Airlines and a subsidiary will pay $9.8 million in stock to settle claims that they failed to help disabled employees return to work. Continue Reading Below Federal officials say American and Envoy Air fired or put some workers on unpaid leave instead of making reasonable […]
Big Tech Giants Get Even Bigger
Tech giants Microsoft (NASDAQ: MSFT), Amazon.com (NASDAQ: AMZN), and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) are all hitting all-time highs this week after reporting spectacular quarterly results. Continue Reading Below In this week’s episode of Industry Focus: Tech, analysts Dylan Lewis and Evan Niu take a dive into the numbers from Amazon […]
More Store Closures Won’t Save Sears Holdings From Bankruptcy
Store closures have been a dominant theme at struggling retail giant Sears Holdings (NASDAQ: SHLD) lately. The Sears and Kmart chains are both losing money, and the company hopes to shore up its financial position through downsizing. Continue Reading Below Last week, Sears Holdings announced that it will close another […]
Russian Ads Overshadow Facebook’s Otherwise Fabulous Quarter
After last quarter’s blowout performance, Facebook, Inc.‘s (NASDAQ: FB) third-quarter financial release came against the backdrop of company executives’ testimony in Congressional hearings about Russian-bought political ads during the U.S. election. The controversy didn’t seem to have any impact on current results, but the company announced plans to increase its […]
3 Stocks That Could Be Life-Changers
Most investors dream of “life-changing” stocks — investments that deliver such huge returns over the years that they really do change the way we live. Of course, out in the real world, many stocks that look like they could be life-changers turn out to be quite risky. Still, if you […]
Snapchat outage prompts complaints on Twitter
Snapchat faced a worldwide outage for at least four hours on Monday, prompting a flood of complaints on rival mobile application Twitter a day before posting its third quarterly earnings as a public company. Continue Reading Below “We’re aware of the issue and working on a fix,” Snapchat said on its support Twitter […]
Mattel Lays Out Its Roadmap for the Future
In this segment from Industry Focus: Consumer Goods, the cast continues their discussion of Mattel (NASDAQ: MAT), including specific elements of the company’s turnaround strategy. With cost cutting goals in place and a roadmap established for the future of the company, will management be able to restore its legendary brands? Continue Reading […]