Get More Than News. Get Insights.
Adani Continues to Reel From Damning Short-Seller Report
Salesforce Nears A Major Acquisition
Business slacks have had close to zero practical value in 2020. That’s not the case here. You may have seen the headline before Turkey Day: Slack Technologies, the fast-growing business communication platform, is nearing a deal to be acquired by…
Ed Stack Retires With A Big Stack
After a 36-year run at the helm of Dick’s Sporting Goods, Ed Stack is stepping down from his role as CEO. Looking Back Dick’s Sporting Goods was founded in 1948 by Ed’s father, Dick Stack. Ed and his two siblings…
Hotel Operators Are Betting On Lifestyle
French hospitality giant “Accor,” the largest hotel operator in Europe, has agreed to merge its boutique properties with a U.K. hotel operator called Ennismore. The deal will create the largest global operator of so-called “lifestyle hotels.” The Story Following the…
Spice World
The Scoville scale is used to measure how “hot” a chili pepper or hot sauce truly is. While Cholula doesn’t quite reach ghost pepper status on the Scoville, the brand itself is on fire. Seasonings company McCormick announced Tuesday it…
Tik Tok Crowns Its Queen
If you are over the age of 19, there is a good chance you’ve never heard of Charli D’Amelio. Let us fill you in. A 16-year-old from the suburbs of Connecticut, D’Amelio just passed the 100 million follower threshold on…
General Motors Gets Dinged
Last week, General Motors announced it will launch a car insurance product. Hopefully the auto giant has insurance for this – the company announced yesterday it will recall seven million vehicles to replace faulty airbags. The Backstory Since 2013, over…
Bitcoin Bull Run
In times of economic uncertainty, people often pour cash into gold, government bonds, and extra rolls of toilet paper. Increasingly, prominent investors are adding bitcoin to that list. An impressive rally has the flagship cryptocurrency flirting with record levels after…
Real Boy, Real Problem
In 2020, movie theaters have suffered through 101 damnations. And it’s just getting worse. According to a report from Deadline, Disney is contemplating bypassing theaters for its upcoming films Cruella (starring Emma Stone), Pinocchio (starring Tom Hanks), and Peter Pan…
Life Is Like A Box Of Chocolate Futures
New York City isn’t known for its cocoa beans. But Pennsylvania-based Hershey has taken to New York’s futures market to procure its cocoa supplies after West African nations imposed stiff premiums on their beans. From West Africa To Wall St….
The Fed vs. Steven Mnuchin
It’s easy to be popular when you’re handing out billions in free money. But that reality also works in reverse. The Fed, along with nearly everyone else in the world of finance, is concerned the Treasury Secretary has prematurely terminated…
