Gap Shares Up Nearly +20% After Split with Old Navy is Announced
It seems that the ‘retail apocalypse‘ is far from over, expect this time investors are pleased. Yesterday, The Gap Inc. (NYSE:GPS) announced its split from Old Navy to create two publically traded companies and the ... [Read]
L Brands Closing 53 Victoria’s Secret Stores in 2019
L Brands, Inc. (NYSE:LB) shares dropped nearly -7% yesterday after the company announced it would be closing an addition 53 Victoria’s Secret stores due to poor holiday sales. L Brands, which also owns Bath & ... [Read]
Fiat Chrysler Expands Jeep Production and Adds 6,500 Jobs
Fiat Chrysler (NYSE:FCAU) just announced an expansion to its JEEP line that will create an additional 6,500 jobs at its Michigan plants. The automobile maker released an official press release on its company website yesterday. In ... [Read]
YouTube Kids: Disturbing Suicide Instruction Videos Surface on Platform
Dangerous videos continue to surface on the YouTube Kids platform and parents across the globe are concerned. A US pediatrician spoke to the Washington Post this week after hearing about the chilling videos by another mom. Free ... [Read]
Peloton Chooses JPMorgan and Goldman Sachs to Lead IPO
Peloton Interactive Inc. has chosen JPMorgan (NYSE:JPM) and Goldman Sachs Group Inc. (NYSE:GS) to lead its Initial Public Offering (IPO). The home exercise startup could be valued at more than $8 billion during the IPO, ... [Read]
IRS Tax Refund Confusion: Who’s Seeing Most Benefit from New Tax Plan?
Have you just completed your taxes and were surprised by your lower-than-normal IRS tax refund? You’re not alone. Many Americans this year are receiving smaller-than-usual tax refunds without a clue why. President Trump signed the ... [Read]
Galaxy Fold Release: The Foldable Smartphone that Costs $1,980
Samsung Electronics Co, Ltd (OTC:SSNLF) is pulling out all the stops today! Less than 24 hours ago, the electronics company released information on its new line of cellular devices. Samsung flooded consumers with details of its new ... [Read]
Walmart Trading Red Today Despite Year-to-Date Growth of 10%
Walmart Inc. (NYSE:WMT) is having a phenomenal 2019 so far. Year-to-date, the retail giant’s stock is up 10%. This morning, the stock has taken a dip and is now trading red. On Tuesday, the company ... [Read]
Honda to Close Only UK-Based Factory in 2021: 3,500 Jobs Lost
Honda Motor Co, Ltd. (NYSE:HMC) has decided to leave the UK. CNN reported this morning that the Japanese carmaker said it will shut down its only manufacturing plant in the English town of Swindon. Honda Shuts ... [Read]
Amazon Backs Out of New York Headquarters Due to Lawmaker Pressure
Amazon.com Inc. (NASDAQ:AMZN) dropped a bomb yesterday regarding its plans for a second headquarters in New York City. In November, the e-commerce giant announced that it would open two new sites. One was set to ... [Read]