Finance

MGM Resorts International (NYSE:MGM) Strikes Deals To Stabilize Its Balance Sheet

MGM Resorts International (NYSE:MGM) on Tuesday announced two business deals it is pursuing. The first one is to sell the Las Vegas property known as Circus Circus, which is currently valued at $825 million. Reports indicate that it will be selling out the property to Phil Ruffin, an affiliate of Treasure Island owner. Salem’s remarks […]

ConocoPhillips (NYSE:COP) Divests Australian Assets To Santos Ltd (OTCMKTS:SSLZY) For $1.4 Billion

ConocoPhillips (NYSE:COP) decided to divest Australian business to Santos Ltd (OTCMKTS:SSLZY) and focus on North American operations for $1.4 billion. The assets include a significant stake in Darwin LNG facility, stakes in Athena, Poseidon, Bayu-Undan, and Caldita and the interests in the Barossa gas development project. Following the deal, Santos would strengthen its position in […]

Amazon.com, Inc. (NASDAQ:AMZN) Clarifies Its Stand On 11 Sensitive Matters: Workplace Diversity, Data Privacy, Counterfeit Sales And Regulation

Amazon.com, Inc. (NASDAQ:AMZN) has released a blog post to clarify its stand on 11 sensitive matters that include data privacy, climate change, minimum wages, counterfeit sales, immigration, workplace diversity, and regulation. The company is facing a lot of issues because it penetrates new markets. US Politicians bats for the breakup of Amazon Bernie Sanders, the […]

Kroger (NYSE:KR) and Walgreens Boots Alliance Inc (NASDAQ:WBA) To Test A New Store In Knoxville

It was in the previous year that Kroger (NYSE:KR) and Walgreens Boots Alliance Inc (NASDAQ:WBA) announced their new partnership. In this collaboration, the companies wanted to set up mini “Kroger Express” stores. These were going to be established countrywide in all the test markets. One of the major cities where the new stores are going […]

Twitter Inc (NYSE:TWTR) And Other Companies Prioritize Profits Over User Privacy

Several companies around the globe are guilty as charged of using phone numbers and the data of customers inappropriately. These companies woo users into using two-factor authentication for privacy reasons. However, not all such stories have ended up well. For example, Facebook (NASDAQ:FB) had to pay a fine amounting to $5 billion over the mishandling […]

AT&T Inc (NYSE:T) To Sell Puerto Rico Network To Settle Its Debts

AT&T Inc (NYSE:T) owns wireless and wireline networks in the US Virgin Islands and Puerto Rico. Things will no longer be the same after the business guru revealed plans to sell these assets to Liberty Latin America (NASDAQ:LILA). The move will see the company repay some of the debts it has through making a few […]

Alphabet Inc (NASDAQ:GOOG) Enables Users To Transfer Music To Different Rooms Through A Command

Alphabet Inc (NASDAQ:GOOG) has made its latest technology advancement, and this is on its Google Assistant. However, users will need to have the right tools to take advantage of the latest technological advancement. For instance, one will need to have the Chromecast dongles, Google Home smart speakers, and the Google Nest Hub display. With these […]

Apple Inc (NASDAQ:AAPL) To Enhance The Camera of Its iPhone And Still Keep It Slim

Apple Inc (NASDAQ:AAPL) is investing time and funds in research to understand some periscope –lens it intends to use. This is in a bid to enhance the image quality of its iPhone products. The company’s spokesperson reveals that they will slim the camera bump of their iPhones. These officials revealed details about a patent they […]

Alibaba Group (NYSE:BABA) To Discontinue The Sale Of e-cigarette Components In The US

Alibaba Group (NYSE:BABA) says it will no longer engage in the sale of E-cigarettes components in the United States. It is not the first one to reach such a decision; other major companies preceded it. Some of these include Walgreens Boots Alliance Inc (NASDAQ:WBA) and Kroger (NYSE:KR). Reasons for halting product sale Alibaba’s decision to […]

Microsoft (NASDAQ:MSFT) Reveals Plan To Expand Internet Access To Remote Zones

Microsoft (NASDAQ:MSFT) has expressed its determination to make over 40 million people around the globe access the internet. It has been a long and costly journey bringing internet connectivity to persons from around the globe. Towards the end of the previous year, almost half of the world population had been connected to the internet. One […]