by Admin | Dec 11, 2017 | Companies, News
Regal Entertainment Group, which has long been one of the most successful movie theater chains in the United States, will no longer be a U.S.-owned company from this point forward. The British corporation Cineworld announced Tuesday that it’s agreed to purchase Regal...
by Admin | Dec 4, 2017 | News, Technology
Last week I wrote about how bitcoin had shot up over $10,000. As of December 1, its value was even higher: halfway to the $11,000 mark. What’s going on with the cryptocurrency? Some critics, including a Nobel laureate, think it’s a bubble, and it may be primed to...
by Admin | Nov 1, 2017 | Companies, News
Sneaker company Under Armour, which has been struggling for some time now, reported that quarterly sales fell nearly 5 percent from a year ago. It also lowered its outlook for the year again, which sent the company’s two classes of stocks tumbling. Both its voting and...
by Admin | Sep 18, 2017 | Companies, News
Amazon’s recent acquisition of Whole Foods has analysts buzzing about what changes are likely to occur in both companies. Some are saying that Amazon’s biggest contribution, interestingly, isn’t its tech; it’s Amazon Prime. At the moment, about 80 percent (or 38...
by Admin | Jun 30, 2017 | Companies, News
In a deal that values office supply company Staples at $6.9 billion—a fraction of the $19 billion it was worth seven years ago—Sycamore Partners is coming in to rescue the distressed retailer. Another victim of the growing trend for buying online, Staples has been...
