payless plans 1000 store closures

Payless Plans 1000 Store Closures Amid Debt

Payless NYSE: PSS Payless plans 1000 store closures. The discount shoe retailer, has over 4,400 stores in 30 countries. The company wants to cut stores....
nvidia

Nvidia Earnings Rise Despite Analyst Opinion

Nvidia NASDAQ: NVDA Nvidia, a graphics chip maker, beat analyst expectations for its earnings and sales targets. The results were for the fiscal fourth quarter....
dodd-frank act

Dodd-Frank Act Will Roll Back With New Act

The Dodd-Frank Act took another hit this week. Jeb Hensarling (R-Texas), chairman of the House Financial Services Committee, sent a memo to the committee...
yum brands

Yum Brands Should Sell Pizza Hut, Says Analyst

Yum Brands NYSE: YUM Mark Klinowski, an analyst, believes Yum Brands should divest Pizza Hut. His main reason is that Pizza Hut's market share declined...
zenefits fired half

Zenefits Fired Half Its Staff, According to Sources

Zenefits fired half its staff, Vanity Fair reports. The software company once was a high-flying startup. Zenefits sells software that automates human resource benefits for...
india indian interest rate bitcoin startups

Indian Interest Rate Stays Steady, Despite Policy

Indian sovereign bonds will lose the most since four years ago. The nation's monetary policy panel kept interests the same. The panel altered its...
amazon payments amazon collects sales tax amazon.com plans

Amazon Payments Volume Doubles

Amazon NASDAQ: AMZN Over 30 million Amazon customers used Amazon Payments in 2016. That figure is up from 23 million since April 2015. Amazon wants...
fedex

FedEx Starts Competing Service to Amazon FBA

FedEx NASDAQ: FDX, Amazon NASDAQ: AMZN According to Business Insider, FedEx made a big swipe for Amazon's customers. The move comes as competition increased between...
Maersk Line reported

Maersk Line Reported Net Loss, The 2nd Since WWII

Maersk NASDAQ: AMKAF Maersk Line reported losses in 2016 as the company wrote down the value of some energy assets. The company plans to divest...
Dakota pipeline

Dakota Pipeline Soon To Be Finished

The controversial Dakota pipeline will be finished after the United States Army Corps of engineers grants the final easement, making it possible for the...