Starbucks to Close 150 Stores in 2019
Starbucks closing stores: American coffee retailer Starbucks (NASDAQ:SBUX) has announced that it will be closing nearly 150 US stores in fiscal 2019. Starbucks Closing Stores The move is one of several strategies that the company ... [Read]
Telsa CEO Claims Employee Sabotaged Operations
Tesla employee sabotage: Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has not started off the week very well after he alleged that an employee of the company sabotaged operations. According to a recent article from Reuters, Musk had ... [Read]
Snapchat Shares Dive As Analyst Suggests User Engagement is in Decline
Snapchat shares: Snap Inc. (NYSE:SNAP) shares have taken a dive after an analyst at the Wall Stree firm Cowen said that user engagement is in decline. According to a recent article from CNBC, analyst John Blackledge lowered his ... [Read]
Western Union CEO Says Crypto Transfer Support Won’t be Added in Near Future
CEO of the US financial services company Western Union (NYSE:WU), Hikmet Ersek, has said that people shouldn’t expect to see cryptocurrency transfer support any time soon. Ersek, who spoke at Economic Club of New York on Wednesday morning, ... [Read]
Tesla Job Cuts to Come in Restructuring Attempt
Tesla Job Cuts. California-based electric car company Tesla (NASDAQ:TSLA) will be cutting nine percent of its workforce in an attempt to restructure the company. The ‘Difficult’ Decision In an email to employees, Tesla CEO Elon ... [Read]
Aurora Cannabis Acquires Anandia Laboratories Inc.
Aurora Cannabis acquires Anandia: Aurora Cannabis (TSX:ACB) (OTC:ACBFF) continues to be on a roll when it comes to partnerships! In addition to the company’s most recent agreement with Ascent Industries, Aurora announced on Tuesday that it ... [Read]
Christian Louboutin Wins Ruling Over Signature Red-Soled Shoe
The luxury footwear and accessories designer Christian Louboutin, has won a ruling in a European Court of Justice (ECJ) over the rights to the company’s signature red-soled shoes. According to a recent article in The Guardian, ... [Read]
Aurora Cannabis Enters Supply Agreement With Ascent Industries
Aurora Cannabis supply agreement: Vancouver-based medical cannabis company Aurora Cannabis Inc. (TSX:ACB) (OTC:ACBFF) has entered into a supply agreement with Ascent Industries. According to the announcement, which was released on Monday, Aurora has agreed to ... [Read]
Tesla Cars to Be Fully Autonomous By August
Tesla fully autonomous cars: In a Twitter (NYSE:TWTR) reply posted on Sunday, Tesla (NASDAQ:TSLA) CEO, Elon Musk, suggested that the company’s electric cars will be fully self-driving by August 2018. That issue is better ... [Read]
Apple Tells Suppliers to Make 20% Fewer Components for New iPhones
According to Japanese financial news site Nikkei, Apple (NASDAQ:AAPL) has reportedly told Apple suppliers to provide 20% fewer iPhone components than the previous year. Last year the California-based tech giant had requested up to 100 ... [Read]