Business Education

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Tesla Inc. (NASDAQ:TSLA) means business in pursuit of growth opportunities in the vast Chinese electric car market. The electric vehicle giant is expanding its Gigafactory in the city of Shanghai with the construction of new buildings. The tech giant also plans to appoint a new design director, tasked with leading the Chinese arm of the
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Following yesterday’s chaos at the Capital, it seems the stock market is coming back up as we head into the weekend. The Dow Jones finished up 0.18% to close at 31,097.97. The NASDAQ closed up 1.03% to finish at 13,201.98 and the S&P 500 closed up 0.55% to finish at 3,824.68. STOXX Europe also saw
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The first major business transaction of 2021 was set in motion on Wednesday morning as Walgreens Boots Alliance Inc., the company that owns Walgreens pharmacies, announced that it has decided to sell a majority of its Alliance Healthcare business to the pharmaceutical product and services provider AmerisourceBergen Corp. in a $6.5 billion deal. The transaction
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AstraZeneca plc. (NASDAQ: AZN) has quashed concerns about the efficacy of its experimental COVID-19 vaccine. In recent weeks, there have been growing concerns about the vaccine’s ability to combat the deadly virus, especially the new strain causing havoc in Europe. The AstraZeneca vaccine had initially shown an average of 70% effectiveness, but that level is
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The Securities and Exchange Commission suing Ripple Labs and the token asset XRP poses a significant risk to the broader cryptocurrency sector. At stake is the classification of digital assets, which have been on a roll in recent years amid widespread adoption. Ripple Delisting The Ripple standoff emanates from the SEC reiterating that Ripple Labs
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Lockheed Martin Corporation (NYSE: LMT) means business on space expansion. The aerospace giant has inked a deal to acquire rocket engine manufacturer Aerojet Rocketdyne Holdings Inc. (NYSE: AJRD). Under the terms of the deal, the company is to pay $56 a share for Aerojet’s shares, representing a 33% premium. Aerojet Rocketdyne Acquisition The deal values
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Robinhood has been seeing some increased market share of late as more and more people turn to the relative newcomer on the investing block. They’ve made a name for themselves with new investors and those looking to get started with some of their favorite companies with smaller investments than traditional investors required. But now they’re
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The stock market appears to be continuing it’s climb even after a rough start to Tuesday but stock futures are riding high on continued hopes of an approved stimulus bill in Washington. This is after weeks straight of increasing cases of coronavirus cases slowed down early gains on Monday.   It appears that volatility is
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The tradition of working outside the home may be coming to an end as the effects of the coronavirus pandemic is starting to affect company’s long term plans. A study by professors at Harvard Business School, the University of California, San Diego, and University of Virginia stated that “The COVID-19 pandemic shifted the focus of
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Talks of another stimulus package, to help cushion millions of people struggling amid the second wave of COVID-19, continues to gather steam in congress. The bipartisan push which has stalled in recent months is in a crucial stage, treasury secretary Steven Mnuchin having presented a White House proposal to Congress. Whitehouse Stimulus Proposal President Donald
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The stock market came out somewhat mixed today though it didn’t turn out quite so good for the Dow Jones and the S&P 500. Dow Jones saw a decrease of 0.49% to close at 30,069.79. The NASDAQ saw an increase of 0.45% to close at 12,519.95. The S&P 500 saw a decrease of 0.19% to
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