Finance news

KKR First Quarter Misses Forecast

KKR First Quarter Misses Forecast

KKR & Co posted earnings for the fourth quarter that were weaker than had been expected after losses in hedge fund and credit investment offset a solid return on its private equity holdings. The last amongst the private equity businesses to announce results for 2019, KKR ended a run of […]

30,000 Walmart Workers To See Health Benefits Eliminated (WMT)

30,000 Walmart Workers To See Health Benefits Eliminated (WMT)

Nearly 30,000 Walmart workers just learned that they would no longer be eligible for health insurance through the company they work for. After Dec. 31, employees working less than an average of 30 hours a week will no longer be eligible for health insurance through the company’s plan. This totals […]

Verizon Lets Customers Opt Out Of Supercookies (VZ)

Verizon Lets Customers Opt Out Of Supercookies (VZ)

Verizon Wireless is letting users who do not want to be tracked for ad-targeting purposes to opt out of its mobile ad-targeting program completely. Verizon uses an identifier for ad-targeting purposes that is embedded in the user’s phone that cannot be erased by the user, often referred to as a […]

United Nations Says More Americans Using Cannabis

United Nations Says More Americans Using Cannabis

To the surprise of no one the United Nations reported that more Americans are enjoying the pleasures of cannabis. The perception of marijuana use has changed dramatically with more and more states decriminalizing the plant. However, it is just not states like California, Washington and Colorado. Voters in Washington and […]

Home Depot Beats the Street on Profit and Comparable Sales

Home Depot Beats the Street on Profit and Comparable Sales

Home Depot Inc, the largest home improvement chain in the world, posted comparable sales as well as profit for the quarter that was better than had been expected. The company said on Tuesday that demand increased across the board. Home Depot, which also increased its forecast for sales along with […]

Pfizer Increased Prices in U.S. for More Than 100 Drugs

Pfizer Increased Prices in U.S. for More Than 100 Drugs

Pfizer Inc, which is planning a merger of $160 billion with Allergen based in Ireland to cut its annual tax bill, raised the prices in the U.S. on January 1 of over 100 drugs, of which some were hiked by 20%, according to a global information company online that compiled […]

Amazon Scores Martha Stewart American Made Store (NASDAQ:AMZN)

Amazon Scores Martha Stewart American Made Store (NASDAQ:AMZN)

Martha Stewart’s American Made store is moving from eBay to Amazon’s Handmade marketplace. Both eBay and Ms. Stewart confirmed that they had decided to part ways. Amazon’s mammoth scale made it an attractive partner for Martha Stewart’s American Made store. Amazon is one of the country’s largest retailers with sales […]

Extent Of JPMorgan Breach Still Under Investigation (JPM)

Extent Of JPMorgan Breach Still Under Investigation (JPM)

This summer, JPMorgan was the victim of a hacker attack that left scores of customer information vulnerable. Now, several months after the attack, the extent of the breach is still being investigated. Security experts have been hired to conduct an investigation and the Federal Bureau of Investigation has become involved […]