Editor’s Picks

Salesforce Orders Some 1,000 Layoffs Despite Great Earnings And Record Stock Price

Salesforce Orders Some 1,000 Layoffs Despite Great Earnings And Record Stock Price
Salesforce Orders Some 1,000 Layoffs Despite Great Earnings And Record Stock Price
August 26, 2020  |  Economy

Salesforce is cutting around 1,000 jobs, or 2 percent of its workforce, despite a massive earnings report that raised the company’s stock, CNBC reported. The...

READ MORE >
Apple iPhones Won’t Get Fortnite Updates Amid Epic Court Battle
Apple iPhones Won’t Get Fortnite Updates Amid Epic Court Battle
August 26, 2020  |  Legal

With the ongoing strife between Apple and Epic Games, iPhones won’t have access to Fortnite updates, Reuters reported. Get the Full Story Complete the form...

READ MORE >
SEC Eases Eligibility Rules For Alternative Investments Like Venture Capital, Hedge Funds
SEC Eases Eligibility Rules For Alternative Investments Like Venture Capital, Hedge Funds
August 26, 2020  |  Regulation

The Securities and Exchange Commission (SEC) on Wednesday (Aug. 26) made it easier for rank-and-file investors to take the risk – and potentially reap the...

READ MORE >
Bancorp Founder Betsy Cohen To Take New SPAC Public
Bancorp Founder Betsy Cohen To Take New SPAC Public
August 26, 2020  |  IPO

Betsy Cohen, who founded and formerly operated The Bancorp, is planning to take a $750 million shell company public this week. Get the Full Story...

READ MORE >
Survey: WeChat Ban Will Hurt U.S. Businesses
Survey: WeChat Ban Will Hurt U.S. Businesses
August 26, 2020  |  Security & Fraud

President Donald Trump’s executive order to ban WeChat will have the unintended consequences of hurting U.S. businesses in China, according to a new survey. Get...

READ MORE >
Indian Vendors Association Files Antitrust Charges Against Amazon
Indian Vendors Association Files Antitrust Charges Against Amazon
August 26, 2020  |  ANTITRUST

Amazon continues to wind up under the scrutiny of regulators worldwide. The online behemoth now faces renewed complaints in India. Get the Full Story Complete...

READ MORE >
Nordstrom, JCPenney See Continued Revenue Struggles
Nordstrom, JCPenney See Continued Revenue Struggles
August 26, 2020  |  Retail

The department store sector is in the middle of another tough week, as Nordstrom filed disappointing earnings on Tuesday (Aug. 25) and JCPenney investors look...

READ MORE >
Dick’s Sporting Goods’ Digital Sales Surge 194 Pct
Dick’s Sporting Goods’ Digital Sales Surge 194 Pct
August 26, 2020  |  Retail

Dick’s Sporting Goods Inc. reported on Wednesday (Aug. 26) that its eCommerce sales jumped 194 percent during Q2, with the inclusion of curbside contactless pickup,...

READ MORE >
Amazon To Reportedly Roll Out Luxury Brand Platform
Amazon To Reportedly Roll Out Luxury Brand Platform
August 26, 2020  |  Amazon Commerce

In what could be its newest venture in the retail fashion sector, Amazon is reportedly progressing with intentions to roll out a luxury brand platform...

READ MORE >