Donald Trump Calls Out OPEC Over Price Hikes, Warns Of ‘Fragile’ World

Global oil prices turned after President Donald Trump resumed his attack on OPEC to lower prices in light of the state of the “fragile” world. Prices dropped 2 percent after the president called on the organization to “relax,” according to Bloomberg. On Monday morning, Trump sent out a tweet telling the Organization of Petroleum Exporting […]

Massive Layoffs Hit The Video Game Industry, Multiple Studios Affected

It seems that bad things come in threes, at least in the world of video games. Aside from the recent layoffs at Activision Blizzard, two more developers have been hit with massive layoffs, leaving hundreds without a job. As reported by Yahoo! Finance, Guild Wars 2 developer ArenaNet is in the midst of planning a […]

Nike Stock Drops After Zion Williamson’s Bizarre Shoe Malfunction

The Duke Blue Devils fell to the University of North Carolina Tar Heels last night in their first of two matchups of the regular season that began with a major injury after just the first 36 seconds of the first half of the basketball game. Duke’s freshman phenom Zion Williamson suffered from what is now […]

Tide Cleaners: Detergent Brand To Open 2,000 Dry Cleaning & Laundry Stores By End Of 2020

In 2018, the laundry detergent brand Tide was caught in the middle of an unexpected viral trend, the “Tide Pod Challenge,” in which teenagers dared one another to consume a Tide Pod detergent packet, which contained poisonous substances. This year, Tide is going to reduce your need for keeping the tasty-looking pods around the house […]

Are Banks Open On Presidents Day?

Presidents Day is a holiday that tends to have people wondering what will be open and what will be closed. There can be some great sales available in the retail sector each year, but some other day-to-day establishments — such as schools, banks, and mail service — aren’t necessarily open and available. In particular, when […]

McDonald’s Puts Famous Shamrock Shake Back On Their Menu

St. Patrick’s Day isn’t here just yet, but McDonald’s decided now was as good a time as ever to induce green fever in its customers. Regular McDonald’s patrons everywhere celebrated with excitement as the burger chain treated customers to an extra special Valentine’s Day gift by announcing the return of the famous Shamrock Shake just […]

Amazon’s Presidents Day Sales Are Some Of The Best On The Market

Presidents Day is, as holidays go, a pretty obscure one. There are no barbecues, no family get-togethers, no exchanges of gifts, and depending on where you work, you might not even get the day off. But for online shoppers, Presidents Day is a biggie, as online retailers love to use the day to break out […]

Sephora Under Fire For Refusing To Honor $88-Off Coupon Circulating On Social Media, Canceling Customer Orders

Sephora is leaving a trail of angry customers after the makeup company refused to honor an $88-off coupon that had been circulating on social media and appeared to many buyers to be legitimate. The beauty boutique had initially accepted orders made with the 88OFF coupon that circulated online, Global News reported. The discount allowed them […]

Apple Hires Sam Jadallah To Revamp Its Smart Home Business

Apple is getting serious about securing a spot in the home technology space. According to a recent report from CNBC, the company has just tapped Sam Jadallah, an ex-Microsoft executive and former CEO of a smart lock company to improve its home initiatives. Apple currently has a host of products geared toward turning a regular […]

Payless Closing All U.S. Shoe Stores, Liquidation Sales Start February 17

Discount shoe chain Payless ShoeSource is closing down all 2,100 of its stores in the United States and Puerto Rico, as well as its online operations, it was announced on Friday, February 15. The retail company, which was founded in 1956, has been struggling in recent years, and, prior to the closure news, was said […]

Trump’s Policies Have Killed 17,734 American Solar Jobs In Two Years

The Solar Foundation‘s National Solar Jobs Census released its annual report for 2018, unearthing the extent of the damage President Donald Trump’s tariffs on solar energy have caused. The report defines “solar worker” as those who spend over 50 percent of their time on work related to the solar energy industry. Under this definition, the […]

Google’s Parent Company Wants A Share of Toronto’s Taxes

Alphabet Inc., Google’s parent company, is demanding a share of Toronto’s property taxes and development fees through their subsidiary, Sidewalk Labs, as Reuters reported. The demand is part of a deal to build a “smart city” by developing a neighborhood with Sidewalk Labs providing the technological infrastructure. Quayside, as the development project is called, has […]

Amazon NYC Location Scrapped, Online Retail Giant Will Not Build Campus In Queens

In a recent turn of events, e-commerce and tech giant Amazon has announced that is scrapping all plans to construct a corporate headquarters in New York City. As reported by the New York Times, the company had previously announced plans to build a sizeable campus in Long Island City, a redeveloped industrial area situated along […]

The Next Financial Bubble? Record Number Of Car Loans Are 90 Days Behind In Payments

The New York Fed reports that more than 7 million Americans are behind on their car payments by 90 days or more as of the end of last year, CNBC reports. That figure is more than 1 million people higher than the previous record in the United States, which peaked in 2010 following the economic […]

‘BuzzFeed’ Employees To Unionize Following Massive Layoffs

BuzzFeed News employees plan to unionize following the firing of 220 employees, 15 percent of its news staff, the New York Times reports. While critics of BuzzFeed‘s perceived left-wing bias were quick to chant “go woke, go broke” (a meme that liberal ideas of diversity in media are not popular and result in a financial […]

Activision Blizzard Begins Massive Layoff Process Which Could Affect Hundreds Of Employees, Per ‘Kotaku’

While some video game publishers and developers have managed to capitalize on recent trends and popular genres — namely, Electronic Arts and Respawn Entertainment, with the newly-released Apex Legends— some publishers have not fared as well, which is having a big effect on their bottom line. It seems that one publisher, in particular, is feeling […]

Here’s Which Household Products Could See A Price Increase

American manufacturer Church & Dwight Co. recently increased prices on 30 percent of its products, Fortune is reporting. Church & Dwight Co. is behind many popular household products such as Arm & Hammer baking soda and cat litter and OxiClean products — which are all seeing a price increase. Church & Dwight’s CEO Matthew Farrell […]

Spotify Seeks To Become The Netflix Of Podcasts

Spotify has acquired Gimlet and Anchor, two podcast production companies collectively valued at around $350 million, per the Wall Street Journal. CEO Daniel Ek said this move was an attempt to expand the music platform to “all of audio” by producing original content that people are willing to pay a monthly subscription to experience. This […]

Apple Could Hit $1 Trillion Again With 2019 Launch Of ‘Media Bundle’

In 2018, Apple Inc. became the first U.S.-based company to hit a market value of $1 trillion, over 40 years after it was co-founded by Steve Jobs in a Silicon Valley garage, according to a report CNBC at the time. In that same year, the company fell below its recently obtained $1 trillion market cap […]

Who Is Walmart Heiress Ann Walton Kroenke?

Ann Walton Kroenke is married to Los Angeles Rams owner — and billionaire real estate magnate — Stan Kroenke. But Ann is a billionaire in her own right. If her maiden name didn’t already clue you in, Ann is the daughter of Bud Walton, one of Walmart’s founders. Forbes reports that she is worth $6.5 […]

Stan Kroenke’s Wife Is Walmart Heiress Ann Walton

Stan Kroenke has an estimated net worth of $8.5 billion — but that can’t hold a candle to the family of his wife, Walmart heiress Ann Walton. The owner of the Los Angeles Rams is in the spotlight this week as his team makes a trip to the Super Bowl to take on the New […]

What Is Patriots Owner Robert Kraft’s Net Worth?

When the team that you own has won five Super Bowls, billionaire status is expected — and Robert Kraft, the owner of the New England Patriots, doesn’t disappoint. According to Forbes, Kraft is worth $6.6 billion, partially thanks to the $172 million he spent to purchase the team back in 1994. He also owns the […]

How Old Is Rams Owner Stan Kroenke?

Los Angeles Rams owner Stan Kroenke is 71-years-old, which makes him six years younger than New England Patriots owner Robert Kraft. Forbes lists his real-time net worth as $8.5 billion, which is about $2 billion more than Kraft’s $6.6 billion net worth. According to Just Richest, Kroenke was born in Columbus, Missouri, in 1947 to […]

How Much Does A Super Bowl LIII Ad Cost?

For many people, watching the commercial advertisements during the Super Bowl is just as entertaining as watching the game itself. The New England Patriots will face off against the Los Angeles Rams Sunday night in Super Bowl LIII, and companies are shelling out big bucks to grab those ads that will air between plays. How […]

Malaysian Scandal Could Cost Executives From Goldman Sachs Millions

Top Goldman Sachs officials could end up paying millions of dollars in compensation for their role in the ongoing Malaysian corruption scandal. Senior executives, including former Goldman Sachs CEO Lloyd Blankfein, could see huge chunks of their financial compensation disappear depending on the outcome of the investigation. According to CNN Business, the U.S. Justice Department […]

Millennial Makes Millions Reselling Walmart Merchandise On Amazon

At just 30-years-old, Ryan Grant was able to quit his accounting job that banked an annual salary of $50,000 and embark on an entrepreneurial venture of his own design. During an appearance on Yahoo Finance’s YFi PM, the millennial revealed his business plan involved buying merchandise from Walmart and reselling it on Amazon. According to […]

General Motors To Lay Off Over 4,000 Salaried Workers Starting Monday

General Motors is poised to lay off over 4,000 employees starting on Monday, as reported by CNN Business. This comes as part of GM’s ongoing plan to cope with lower earnings across the board. Overall, the company is expected to cut 15 percent of its white collar jobs throughout the United States. GM is also […]

Illegal Tacos In Philadelphia Gets A New Name After Racism Complaints

A taco restaurant in Philadelphia that drew criticism upon its opening in 2017 — due to the nature of its name — has gotten a new moniker. Illegal Tacos, a taco joint on South Broad Street in Philadelphia, is now known as Tacodelphia, Philly Voice reported Wednesday. The sign has already been changed to reflect […]

‘Buzzfeed’ Is Laying Off Nearly 220 Employees To Boost Profitability

Buzzfeed is cutting its workforce by 15 percent in a move meant to boost its profitability, according to a memo sent to staffers by CEO Jonah Peretti on Wednesday. While the company has managed to increase its ad revenue over 2018 by “double digits,” the company is still facing a funding shortfall, writes CNN. “I’m […]

Trump Administration Seeks To Ban Inflated Rats From Protests

They’re a frequent feature of city life, especially in New York and other East Coast cities in the United States, as well as Chicago. When a large construction project is in progress, and the project has used nonunion labor, labor unions will often appear with a giant inflatable rat in order to draw attention to […]

Tesla To Cut 7 Percent Of Workforce, Per Statement From Elon Musk

Tesla CEO Elon Musk has announced that the company will be cutting 7 percent of its full-time employees this year. In the company-wide email, Musk also announced that Tesla would end up keeping “only the most critical temps and contractors.” The layoffs are expected to impact roughly 3,000 Tesla employees, according to the Verge. Musk […]

U.S. Will Only Be World’s Third Largest Economy Behind China And India By 2030, Claims New Report

A new report has predicted that the United States is destined to fall to number three on the list of the world’s largest economies by 2030, with China and India assuming the top two places. The report, which was written by the British financial services company Standard Chartered, anticipates a significant change in the global […]

Amazon Is Most Valuable U.S. Company For First Time After Overtaking Microsoft

Amazon is now officially the most valuable publicly traded U.S. company after its shares rose 3 percent yesterday. This saw it leapfrogging Microsoft to reach the top spot for the first time in its history. At the close of Monday trading, Amazon’s share price stood at $1,629.51, meaning that the e-commerce giant’s market value was […]

Elon Musk Breaks Ground On Tesla Factory In Shanghai

On Monday, Elon Musk and Mayor Ying Yong of Shanghai broke ground on the very first Tesla factory to be built overseas. According to CNBC, the new location will help the electric car company deal with rising costs and avoid the tariffs that have been eating into their profits recently. Previously, all Tesla factories were […]

Taco Bell Employee Fired For Refusing To Serve Deaf Customer Speaks Out

An Ohio Taco Bell employee who was fired for refusing to serve a deaf customer is giving his side of the story. Last week, as WWLP (Springfield, Massachusetts) reported at the time, a viral video surfaced showcasing a tense exchange at a Dayton Taco Bell. A deaf customer tried valiantly to place his order, while […]

College Graduates Across The Country Are Being Freed From Thousands Of Dollars In School Loan Debt

Graduating from college is a feat to celebrate, until the recent grads receive their first loan payment. Then panic sets in. Approximately 70 percent of college students graduate with a sizable loan debt. According to CNBC, more than 44 million U.S. college grads are facing almost $1.5 trillion in student debt. The government intends to […]

More Companies To Say Trade Wars Are Affecting Their Bottom Lines, Trump Adviser Says

The Dow Jones Industrial Average saw a loss of hundreds of points early on Thursday morning, which investors say was prompted after tech giant Apple announced it lowered its expectations for the next quarter, the result of a prolonged “trade war” between the United States and China. According to one economic adviser to President Donald […]

Apple Blames ‘Trade Wars’ For Slowing iPhone Sales

After it temporarily paused trading on Wall Street earlier in the day, Apple warned investors on Wednesday that its performance in the months ahead would not be as high as initially predicted. Fewer iPhone upgrades and other shortfalls were expected in the next quarter, the result of “weakness in some emerging markets,” Apple CEO Tim […]

Skype Has Added Live Captioning And Subtitles For Those Who Have Hearing Disabilities

The huge telecommunications application software product Skype specializes in providing users with video chat and voice calling via tablets, mobile devices, computers, the Xbox One console, smartwatches, and even regular telephones. The company also provides instant messaging options and allows video conference calls. Now they are looking to be even more versatile and inclusive by […]

Why Amazon Is Moving To Brick And Mortar Stores

It’s hard for many to understand why Amazon, the world’s largest e-commerce and cloud computing platform — according to sources such as Axiomg — is choosing to open physical stores for its customer base. One book in particular, Amazon: How The World’s Most Relentless Retailer Will Continue To Revolutionize Commerce, lists five reasons for this […]

Sears Announces It Will Close 80 More Stores In March, Company May Face Liquidation

As the retailer struggles to stay in business, Sears announced Friday that it plans to shutter another 80 stores by late March, CNBC reports. The move comes as the brand waits for last-minute bids from investors to keep doors open within the company. Sears filed for bankruptcy on October 15, 2018. Since then, it announced […]

Market Volatility Continues As Stocks Tumble Again Following Historic Gains Due To Economic Data Concerns

The stock market plunged again early Thursday, giving back a large chunk of the historic gains made on Wednesday as continued concerns over the stability of the U.S. economy have led to consumer confidence falling to its lowest level in more than three years. On Wednesday, the Dow Jones enjoyed a 1,000-point surge in one […]

Stock Markets Make Huge Comeback With Dow Jones Making Largest Daily Point Gain In History

It’s been a particularly bad December for American markets, but we can now point to Boxing Day as a positive blip on this month’s radar. According to CNN, the Dow enjoyed a 5 percent gain on Wednesday, rising 1086 points for its biggest daily points gain ever. The S&P and Nasdaq saw similar impressive gains […]

Pfizer Expected To Increase Prices In 2019 Despite Trump-Influenced Pause

After a months-long halt on price hikes for pharmaceuticals, drugmakers are poised to increase many commonly used drugs. Pfizer alone intends to raise the prices on 41 drugs come January of 2019. The drugmaker — and many other major drug companies — had largely frozen price hikes after a tweet from Donald Trump blasted them […]

Dow Has Worst-Ever Christmas Eve Drop After Donald Trump Attacks Federal Reserve On Twitter

Amid a series of scathing tweets aimed at the Federal Reserve and its chairman, Jerome Powell, the Dow Jones Industrial Average took a nosedive of over 600 points on Monday, marking the worst Christmas Eve trading day in the index’s history. According to a report from CNBC, the Dow fell below 22,000 on Monday after […]

Juul To Share Its $2 Billion Bonus With All 1,500 Employees

Despite how much controversy e-cigarettes have generated lately, tobacco giant Altria will be paying a $2 million dividend to e-cigarette company Juul. Instead of doling the sizable payload out to company bigwigs, Juul announced that it will be splitting the $2 million among its 1,500 employees as a bonus. Altria, which owns Marlboro, bought a […]

Toys For Tots Charity Drive Has Been Hit Hard By Toys R Us Closures

The closure of Toys R Us stores across the country is having a big impact on one of the nation’s biggest charity toy drives. As the Associated Press reported, the Toys for Tots toy drive allows shoppers to drop off new toys that are given to underprivileged children. The charity drive normally receives 250,000 toys […]

Pinterest Planning To Go Public In Early 2019 With $12 Billion Valuation, ‘WSJ’ Reports

The Wall Street Journal is reporting that popular online bulletin board Pinterest is planning to launch on the stock market in 2019 with an estimated initial valuation of more than $12 billion. The San Francisco based start-up has reportedly told bankers it could choose its slate of underwriters as early as January, and it is […]

Facebook Admits It Let Partner Companies Look At Your Private Messages

The hits keep on coming for Facebook in its year of major scandals. Most recently, the social media network admitted on Wednesday that it allowed big companies to read users’ private messages. On Tuesday, the New York Times reported that Facebook gave access to users’ details to companies like Amazon, Microsoft, Netflix, and Spotify. Not […]

Three-Quarters Of CEOs Have Had To Apologize For Trump’s Rhetoric, Survey Shows

Although Donald Trump has a background in business, it seems that his new role as president has not done any favors for his fellow executives. The Washington Post reports that a new survey — conducted among American executives and CEOs — found that a majority of them were extremely critical of how the president conducts […]