Markets

Southwest Airlines (NYSE:LUV) Fined $3.92 Million For Erroneous Weight and Balance Data

The Federal Aviation Administration (FAA) has imposed a $3.92 million fine on Southwest Airlines (NYSE:LUV) for errors that the carrier made in 2018. A statement indicated that the airline reportedly operated several aircraft on commercial flights with an erroneous calculation of balance data and weight. Southwest fined for miscalculation of weight and balance data The […]

Six Flags Entertainment (NYSE:SIX) Could Ditch Its Expansion Plans In China

Six Flags Entertainment (NYSE:SIX) plans for multiple licensing of theme parks outside the US continues to struggle as its plan with Riverside Investment Group hit a gridlock. Six Flags’ plans in China collapse                                                             The company indicated that Riverside Investment Group, its Chinese business partner, had defaulted on its payments to the company. The partner […]

Amazon.com, Inc. (NASDAQ:AMZN)’s Alexa Stay On Top At CES 2020: Samsung’s Neon And Impossible’s Pork Steals The Limelight

Amazon.com, Inc. (NASDAQ: AMZN)’s Alexa, and Alphabet Inc (NASDAQ:GOOGL)’s Google Assistant are trying to win one over the other at CES 2020. Samsung’s Neon, which develops AI avatars that boast a human look, and Impossible Pork are attracting the viewers at CES 2020. Amazon establishes three exhibits Amazon has improved a lot this year at […]

Walmart Inc (NYSE:WMT) Is A Clear Winner In Online Sales With Vast Shipping Network In The US and Beats Amazon.com, Inc. (NASDAQ:AMZN)

Walmart Inc (NYSE:WMT) is using its vast shipping network in the US to deliver goods free cost on the same day. It maintains over 150 distribution centers in the US. The company also maintains 4,789 stores across the nation in 49 states. Around 90% of the population in the US lives within 10 miles of […]

Investors Bets Big On Apple Inc. (NASDAQ:AAPL) On Improved Sales Of iPhones At 3.2 Million In China: Apple Hits A New High Of $310.33

Apple Inc. (NASDAQ:AAPL) clocked sales of 3.2 million iPhones in China, an increase of 0.5 million from a year ago.  Investors are jubilant and send Apple to hit an all-time high of $310.33. According to CNBC, the sales of Apple iPhones in December 2019 in China have surged by 18%. Apple struggles against low-cost Android […]

Target Corporation (NYSE:TGT) Aims To Generate Sales Of $1 Billion In 2020 From New Brand – All In Motion Debut

Target Corporation (NYSE:TGT) is unveiling an innovative brand – All In Motion this month. The company expects to generate sales of $1 billion in 2020. It has designed a new brand that focuses on inclusivity and sustainability. The new brand is available in a variety of sizes to suit different body sizes. A challenge to […]

Spotify Technology SA (NYSE:SPOT) Introduces Streaming Ad Insertion Technology For The Podcast Ads

After achieving success in its podcasting efforts in 2019, Spotify Technology SA (NYSE:SPOT) is turning its ears to monetize the well known audio programming. Spotify is announcing at CES being held in Las Vegas, the streaming ad insertion (SAI) for the Spotify Podcast Ads. It is the first time that advertisers and podcasters can get […]

Facebook Inc. (NASDAQ:FB) Takes Steps To Remove “Deepfake” Videos But Legislators Say It’s Not Enough

Facebook Inc. (NASDAQ:FB) indicated strategies they have taken to prevent the spread of false information on its platform. The changes include the removal of “deepfake” videos as well as other manipulated videos. Facebook to remove manipulated and “deepfake” videos Despite the initiatives, US lawmakers are, however, not convinced, and they indicated that the changes did […]

AbbVie Inc (NYSE:ABBV) Plans To Keep Allergan’s (NYSE:AGN) Aesthetic Business As An Independent Unit

AbbVie Inc (NYSE:ABBV) and Allergan Plc (NYSE:AGN) have been working on the finer details of their $63 billion merger. The company has come up with an integration plan, and it is planning to keep Allergan’s aesthetic business as an independent unit. AbbVie to keep Allegan Aesthetics as an independent unit The Allergan Aesthetics unit will […]

Yum! Brands Inc. (NYSE:YUM) To Acquire Habit Restaurants Inc. (NASDAQ:HABT) For $375 Million

Yum! Brands Inc. (NYSE:YUM) has signed a definitive agreement to buy Habit Restaurants Inc. (NASDAQ:HABT) for $375 million. This move will enable YUM Brands to expand its reach to more customers. Although it’s entering a competitive space, it can nonetheless leverage its knowledge of its customers to establish new Habit Locations. Yum Brands adds The […]