Dick’s Sporting Goods Shares Plunge Over 9%—Under Armour to Blame?
A poor start to the day for Dick’s Sporting Goods shares. DKS stock plunged over 9% in the morning. Since then, some of those losses have been paired but the stock remains down over 5% ... [Read]
Warren Buffet is Set to Invest in India’s Mobile Payments Firm, Paytm
Warren Buffet Invests: One of the worlds most renowned investors, Warren Buffet, looks set to pick up a major stake in what will be his first Indian investment. Specifically, his company—Berkshire Hathaway (NYSE:BRK.A)—is going to ... [Read]
Tesla Wins Against Ontario Government in EV Rebates Case
Announced today comes some surprising news from Ontario; Tesla wins against the Ontario Government over electric vehicle rebates. Tesla Wins: What’s Going On? I’m not too convinced that many people felt Tesla would win this ... [Read]
Three New iPhones Expected in September, Here’s What We Know!
According to Bloomberg, Apple (NASDAQ:APPL) is expected to announce three new iPhones at an upcoming press event in September. No date has been set in stone yet, but historically the tech giant unveils new phones ... [Read]
Facebook Bans Mayanmar Officials For Spreading “Hate and Misinformation”
Facebook bans over 20 organizations and individuals affiliated with the Myanmar militia for spreading “hate and misinformation” across the social network. Those banned from using the service include Myanmar Commander-in-Chief Senior-General Min Aung Hlaing, as well ... [Read]
Trump Says an Impeachment Would Cause a “Crash”—Wallstreet Disagrees
President Donald Trump has always taken credit for the stock boom in America since his presidency began. And as such, he has said that a “crash” would happen if he were impeached. But is one man truly ... [Read]
Stocks Making Moves Yesterday—Footlocker, GAP and Microsoft
Let’s take a look at some stocks making moves yesterday! In retail, Gap and Footlocker ended the day in the green, similar to technology’s Microsoft, which is also making gains. So what’s going on? Let’s ... [Read]
Kroger Will Stop Using Plastic Bags By 2025—Joins Fight Against Plastic
By 2025, Kroger will stop using plastic bags at its stores, the company announced today. Kroger (NYSE:KR)—which owns nearly 2,800 supermarkets comprising of Harris Teeter, Fred Meyer, QFC, and Ralphs—will gradually eliminate plastic bag usage by transitioning ... [Read]
Sears Closure: Retailer to Close a Further 46 Sears and Kmart Stores
The era of the multi-brands-under-one-roof department store may well and truly be over. Adding to the list of struggling ones, a Sears closure is on the way with the company closing a further 46 stores ... [Read]
China Responds to Trade Tariffs By Dropping US Coal
China drops US coal: The US v China trade row continues to cause disruption but this time to the US coal industry. Chinese importers have started looking for options closer to home in response to ... [Read]