The owner of Lee and Wrangler jeans just went public and its shares are falling 7%

The owner of Lee and Wrangler jeans just went public and its shares are...

Kontoor Brands, the owner of Lee and Wrangler jeans, debuted on the New York Stock Exchange on Thursday. In sharp contrast to Levi's stock, which surged more than 30% on debut, shares in the VF Corp spin off plunged more than 7% on their first day of trading. Investors' lack of enthusiasm may not be…
BANK OF AMERICA: One key part of the stock market is poised to explode higher. Here’s how you can identify those companies and make a killing.

BANK OF AMERICA: One key part of the stock market is poised to explode...

There's an old saying that the cream rises to the top. And while that's an undoubtedly optimistic way to look at the world, the opposite has been true for the stock market for much of the 10-year bull market. Emboldened by the easiest lending conditions in history, investors have piled into the stocks of companies…
9 mind-blowing facts about Venezuela’s economy

9 mind-blowing facts about Venezuela’s economy

The nation of Venezuela is in a state of crisis. Over the past few years, corruption and failed government policies have led Venezuela's economy to collapse, causing infrastructure to crumble and leaving millions of Venezuelans in poverty. The hardships faced by residents include catastrophic nationwide blackouts, hyperinflation, food shortages, and disease. The New York Times…
Cyber-attacks are the newest frontier of war, and can strike harder than a natural disaster. Here’s why the US could struggle to cope if it got hit.

Cyber-attacks are the newest frontier of war, and can strike harder than a natural...

Imagine waking up one day and feeling as if a hurricane hit — except everything is still standing. The lights are out, there is no running water, you have no phone signal, no internet, no heating or air conditioning. Food starts rotting in your fridge, hospitals struggle to save their patients, trains and planes are…
Here are all the companies that have cut ties with Huawei, dealing the Chinese tech giant a crushing blow

Here are all the companies that have cut ties with Huawei, dealing the Chinese...

Shortly after Huawei was blacklisted by the US government, Google announced that it was revoking the company's access to its Android service. Bloomberg reported that Google had cut off supply to hardware as well as software. The news was a huge blow to Huawei, as all of its phones a run on Google's Android operating…
Boeing could have prevented 2nd 737 Max crash by listening to pilots, a union said as it accused the company of a ‘poisoned, diseased philosophy’

Boeing could have prevented 2nd 737 Max crash by listening to pilots, a union...

The second fatal Boeing 737 Max crash could have been prevented if Boeing listened to pilots' suggestions to improve safety, a major pilots union said as it accused Boeing of having a "poisoned, diseased philosophy." Dennis Tajer, a spokesman for Allied Pilots Association, which represents American Airlines pilots, told CNN that the Ethiopian Airlines crash,…
Tesla sinks to new a 2 1/2-year low after Wall Street unleashes scathing new research on the electric-car maker’s troubles

Tesla sinks to new a 2 1/2-year low after Wall Street unleashes scathing new...

Rebecca Cook / Reuters Tesla shares closed at a new 2 1/2-year low on Wednesday after two Wall Street analysts released scathing reports about the state of the electric-car maker. Citi cut its price target while Bank of America Merrill Lynch said the company's losses and cash burn rate are "not turning a corner on…
Meet the power players at Netflix leading the streaming giant’s defense against Disney and other rivals

Meet the power players at Netflix leading the streaming giant’s defense against Disney and...

Bill Holmes — head of business development Holmes is the executive cutting deals between Netflix and companies like Comcast and Airtel, to make the streaming service available through more providers and included in more TV and wireless bundles. It "allows us to access a subscriber base that might be a little bit slower in signing…
Jeff Bezos blew off Amazon employees’ proposal at the shareholder’s meeting and they were miffed, ‘This is not the kind of leadership we need’

Jeff Bezos blew off Amazon employees’ proposal at the shareholder’s meeting and they were...

Nearly 8,000 Amazon employees publicly signed a letter asking their company to drastically limit its impact on the environment. They hoped to present their plea directly to their boss, Amazon CEO Jeff Bezos, at the company's annual shareholders meeting on Wednesday. But the boss was not available — at least not right then. Bezos attended…
An Amazon customer reportedly tried to return an item directly to Jeff Bezos during a question-and-answer session

An Amazon customer reportedly tried to return an item directly to Jeff Bezos during...

Between Amazon lockers, physical stores, Kohl's locations, and pickup centers, Amazon has more ways to return goods in person than ever. Unfortunately, you still can't exactly submit them directly to CEO Jeff Bezos. That's apparently what one customer and shareholder tried to do during Amazon's annual shareholder meeting on Wednesday, according to tweets from the…

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