“We’ll be right back after these messages.” The age-old commercial lead-in takes on new meaning at a time when a bounceback for Netflix and Walt Disney shares rests on the coming launch of ad-supporte...
Tag: Business
Business owners should get off PayPal and move to the blockchain
Do you believe that in five years every second transaction in e-commerce will be settled on blockchain? No? Well, that’s what people thought of plastic credit cards versus cash a few decades ago when ...
Opinion: Adobe’s stock got slammed for spending $20 billion on Figma. But it now owns a rare company.
Adobe beat revenue and profit expectations, and on the same day announced it would acquire a smaller but faster-growing rival in online design-collaboration tools. The stock market rewarded the compan...
Compound Entered CeFi Business Model Using DeFi Protocol
Financial users can borrow loans by depositing USD or USDC as security. Financial institutions can earn up to four percent annual interest. Compound is a decentralized peer-to-peer lending protocol ...
The S&P 500 sank 5% in a very bad week for stocks. These 20 lost as much as 24%.
U.S. stocks sputtered Friday to close out the week in the red. The day’s declines of less than 1% for the broad indexes paled against Tuesday’s, when they sank 4% to 5%. For the week, the Dow Jones In...
Blockchain Dubai Summit 2022 – Discover Golden Opportunities for Your Business
Vertex Events has organized the 1st Ever Blockchain Summit in the History of the World EXPO on October 10-11, 2021 at Dubai Expo 2022. A two-day Blockchain Dubai Summit 2022 in Grand Hyatt is going to...
Home Depot’s customers have been resilient despite turmoil, CEO says
Home Depot‘s business has remained strong even as turbulent economic conditions pinch consumers’ wallets, CEO Ted Decker told CNBC’s Jim Cramer on Friday. His comments were in respon...
How Powell and the Fed may react to FedEx warning
CNBC’s Jim Cramer on Friday said that FedEx‘s warning of worsening economic conditions suggests the Federal Reserve is doing better in its inflation effort than expected — meaning the cent...
Why Hispanic workers could face an outsized hit in a U.S. recession
Huntstock | Disabilityimages | Getty Images Turbulent times may be ahead for Hispanic workers, a new report from Wells Fargo found. The firm expects Latino workers to take an outsized hit if a mild re...
FedEx, Adobe, Boeing and more
FedEx received its first five of an order of 500 electric Light Commercial Vehicles (eLCVs) from BrightDrop. Courtesy: Fedex Check out the companies making headlines in midday trading. FedEx – Shares ...
PayPal threatens to sever partnership with Phoenix Suns if owner Sarver returns
LOS ANGELES, CA – JUNE 30: Owner, Robert Sarver of the Phoenix Suns interviews after Game 6 of the Western Conference Finals of the 2021 NBA Playoffs on June 30, 2021 at STAPLES Center in Los An...
Intuitive Machines going public via SPAC at near $1 billion valuation
The Nova-C lunar lander seen on April 26, 2022 during assembly for the IM-1 mission. Intuitive Machines PARIS — Lunar-focused space company Intuitive Machines announced Friday it will go public via a ...
Heathrow alters 15% of Monday flights for Queen Elizabeth II’s funeral
British Airways Airbus A319 aircraft takes off from Heathrow Airport in London, Britain, May 17, 2021. John Sibley | Reuters London’s Heathrow Airport will change about 15% of its Monday flight...
Spanish-language streaming service Canela.TV launches original shows
An upstart Spanish-language streamer is taking a big step into original content. Canela Media will debut a daily entertainment news show, “¡Ponle Canela!,” on its streaming platform, Canel...
FedEx CEO says he expects the economy to enter a ‘worldwide recession’
FedEx CEO Raj Subramaniam told CNBC’s Jim Cramer on Thursday that he believes a recession is impending for the global economy. “I think so. But you know, these numbers, they don’t po...
I can not recommend Occidental Petroleum
Universal Display Corp: “How about when it gets to say, 18, 19 times earnings, you actually pull the trigger. Wait for that stock to come down.” Nucor Corp: “I think you have to now ...
Stay calm after FedEx’s bad quarter, brace for economic pain
CNBC’s Jim Cramer advised investors not to panic after FedEx’s worse-than-expected first quarter. The “Mad Money” host’s warning comes after FedEx reported first-quarter ...
An Entrepreneur Explains 10 Things Needed To Build A Business That Investors Can’t Say ‘NO’ To
Bruce Welty, Founder of the Unicorn Locus Robotics Welty Supply chain management is hot. Investment is flowing into supply chain companies. In 2021, more than $25 billion was invested in supply chain ...
FedEx, International Paper, Uber and more
Check out the companies making headlines before the bell: FedEx (FDX) – FedEx tumbled 20.3% in premarket trading after issuing a profit warning due to declining package delivery volumes around the wor...
Monkey Business from Yuga Labs With Rumored Mecha Apes Launch
Yuga Labs, the company that launched Bored Apes Yacht Club, Mutant Apes Yacht Club, Bored Apes Kennel Club, and the Otherside land tokens, has plans to launch yet another non-fungible token (NFT) coll...
DOJ is changing the way it prosecutes companies, and it could put more executives in jail
The crest of the United States Department of Justice (DOJ) is seen at their headquarters in Washington, D.C., U.S., May 10, 2021. Andrew Kelly | Reuters Significant changes are coming to the ways fede...
FedEx (FDX) earnings Q1 2023 miss estimates
FedEx on Thursday withdrew its full-year guidance and announced significant cost-cutting measures following what it called softness in global volume of shipments. “Global volumes declined as mac...
Biden pushed railways, unions to ‘be creative,’ White House says
President Joe Biden urged railway executives and union leaders to be creative and flexible in finding a compromise to avoid a shutdown that could have disrupted the transport of goods across the U.S.,...
‘Star Wars’ spinoff ‘Rogue Squadron’ off calendar as Disney shores up film slate
Patty Jenkins attends TNT’s “I Am The Night” FYC Event on May 9, 2019 in North Hollywood, California. Emma McIntyre | Getty Images Questions about the fate of Patty Jenkins’ &#...
Weekend reads: This may cause the next financial crisis
The Federal Reserve invigorated the economy before and during the coronavirus pandemic by purchasing Treasury bonds. The central bank was the main purchaser of newly issued U.S. debt and created trill...