Airbus Ends Production of ‘Superjumbo’ A380 and Releases 2018 Results
Airbus SE (OTC:EADSY) is pulling the plug on the production of its ‘Superjumbo’ A380 fleet. This morning, the European aircraft maker announced that Emirates has reduced its order book of the aircraft, Emirates being the ... [Read]
David’s Bridal Survives Bankruptcy and Tackles Customer Experience
David’s Bridal survived bankruptcy and is now adjusting its business to stay in the game. The wedding retailer filed for Chapter 11 bankruptcy in November of 2018 to slash burdensome debt it acquired through a private-equity ... [Read]
Lululemon Stock Up Nearly 50% in 2019 with Room to Grow
Lululemon Athletica Inc. (NASDAQ:LULU) is having a dominant 2019 so far. Lululemon stock has dominated this year due to its strong holiday season. The Vancouver, British Columbia-based retailer increased its fourth-quarter guidance for sales and ... [Read]
Tesla Makes Delivery Cuts but Plans to Reduce Model 3 Price
Last month, Tesla (NASDAQ:TSLA) CEO Elon Musk sent out a company update via email to all employees. After the email was sent, the update was uploaded to the Tesla website for investors. In this update, ... [Read]
Ford Motor Invests $1 Billion into Chicago Factory and Adds 500 Jobs
There has been a wave of uncertainty in the US automotive industry lately. This is due to rising tariffs on imported steel and major automotive companies shutting down plants. Towards the end of November, General Motors ... [Read]
Will Electric Vehicles Kill the Oil Industry? Bank of America Thinks So!
Electric vehicles are making quite the stance around the world. China currently leads the top plug-in electric vehicle sales by a wide margin and year-by-year sales are rapidly increasing. According to IEA research, Europe comes ... [Read]
Spotify Finally Profitable and Spends Big Money on Podcasts
Spotify (NYSE:SPOT) is finally profitable. The technology company announced its Q4 2018 financial results this morning via its website. Spotify states its Q4 outperformed its own expectations and for the first time in the company’s ... [Read]
Charlotte Russe Files for Bankruptcy—What’s Next?
Just under ten Charlotte Russe stores will be closing in the US within the next coming months. The women’s fashion retailer filed for Chapter 11 bankruptcy protection on Sunday and plans to close 94 stores ... [Read]
Top Super Bowl Commercials of 2019 and the Best of the Past
Yesterday, Super Bowl LIII racked in almost 103.4 million viewers. The event viewership was down 7% from the previous year, which held around 111 million. Some viewers tuned in to watch the New England Patriots ... [Read]
Walmart Changes Sick Leave and Offers Bonuses for Attendance
Walmart Inc. (NYSE:WMT) is changing its paid time off policies by incentivizing its workers. Bonuses will be distributed to workers that don’t take any days off outside the company’s protected PTO. Generally, hourly workers can ... [Read]