Toys “R” Us Will Pay $16 million in Executive Bonuses, Despite Bankruptcy
Toys “R” Us has been given the all-clear to pay 17 top executives $16 million in bonuses, so long as the company hits its financial targets during the holiday shopping season. This decision has been ... [Read]
Garmin Teams Up with Amazon to Produce New Smart Speaker
Garmin (NASDAQ:GRMN) has teamed up with Amazon (NASDAQ:AMZN) to produce a speaker device with smart technology, to be distributed to the automotive market. Garmin’s Speak technology will be paired with Amazon’s Alexa digital assistant. ... [Read]
Ford Looking to Sell Cars Online?
Ford Motor (NYSE:F) appears to be getting into the online market in the hopes of selling its cars online, specifically in China. Ford is planning to partner with Alibaba (NYSE:BABA) to test car sales through ... [Read]
Tax Cuts Negatively Impact Semiconductor Market
Everybody loves tax cuts, right? Wrong! The recent approval of the United States corporate tax rate cut from 35% to 20% is blowing up the technology sector, especially those stocks linked to semiconductors. Technology stocks ... [Read]
Disney CEO to Extend Tenure Past 2019
It was reported that Walt Disney’s (NYSE:DIS) CEO Bob Iger will most likely be extending his tenure past 2019. This decision is likely so that the integration of Twenty-First Century Fox’s (NASDAQ:FOX) assets with Disney ... [Read]
Broadcom to Benefit from Apple’s Increased iPhone X Production
With Apple’s (NASDAQ:AAPL) ramp up in the production of its iPhone X, techies benefit in the form of consumers and companies. Broadcom (NASDAQ:AVGO), a chipmaker involved with the phone, can expect an increase in sales ... [Read]
Google Launching New Android Software in India for Use in Cheap Smartphones
Google (NASDAQ:GOOGL) has launched a much simpler version of its Android software in India, hoping that this move will earn it brownie points with the millions of users it is looking to target. This Android ... [Read]
Mastercard Increases Its Dividend, Shareholders Celebrate
Mastercard (NYSE:MA) has increased its dividend by 14%, reflecting a pattern as of late of Mastercard making similar moves around this time of year. This year, the board announced that its quarterly dividend would be ... [Read]
Starbucks Opening the World’s Biggest Location in China
Starbucks Corp. (NASDAQ:SBUX) will be opening its biggest ever location on Wednesday in Shanghai, China. The world’s biggest Starbucks location will be 30,000 square feet and will be a Starbucks Reserve Roastery, the second of ... [Read]
Cinemark Holdings New Movie Subscription Program Making Waves in the Movie Watching Industry
Cinemark Holdings (NYSE:CNK) has started a new movie subscription membership program for its customers, and it’s having an effect on its own shares, as well as its competitors’. The subscription program gives customers discounts on ... [Read]