Posted inEconomy
Exxon Mobil signals massive profit spike but Wall Street is divided
I covered Chevron CEO Mike Wirth's stark warning about oil price pressure building through June…
Posted inEconomy
IKEA closing this type of store in the U.S.
After investing billions to expand its U.S. footprint, IKEA is now shutting down part of…
Posted inEconomy
Another 50-year-old amusement park to close forever after summer season
It has been a tough year for multiple smaller theme and amusement parks across the…
Posted inEconomy
Jeff Bezos doubles down on Blue Origin with $2B
Every billionaire obsession comes with a bill, and for a quarter century, one man has…
Posted inEconomy
Veteran analyst drops massive Micron valuation prediction
Wall Street is becoming more confident in Micron Technology (MU).A Melius analyst now says the…
Posted inEconomy
Oracle’s $638 billion promise comes with one big catch
Oracle (ORCL) just booked the strongest sales year in its history, yet investors sold it…
Posted inEconomy
Salesforce bets another $1 billion despite AI spending cratering its stock
Salesforce Inc. (CRM) said Tuesday it will invest $1 billion in Switzerland over the next…
Posted inEconomy
AT&T leaves rivals flat-footed as bankrupt carrier folds
Dish DBS, the satellite TV and wireless subsidiary of EchoStar, filed for prepackaged Chapter 11…
Posted inEconomy
Mark Cuban has strong words on minimum wage and employers
The federal minimum wage has been $7.25 an hour since July 2009. That is 17…
Posted inEconomy
Airline spends four days without flying as bankruptcy rumors swirl
Almost every airline around the world has felt the impact of surging jet fuel crises…