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CNN Will Sell Elections, Space Discoveries And Other Historic Moments As NFTs
Friday, June 18, 2021 - 11:02am | 328What Happened: International news network CNN will drop its own officially licensed digital collectible NFTs on its new platform, “Vault by CNN." The project will feature significant moments in history like presidential elections, space discoveries, and CNN exclusives in the form of non-...
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SoulCycle CEO Resigns In 'Mutual Agreement' With The Board
Wednesday, November 27, 2019 - 6:05am | 334New York-based fitness company SoulCycle’s Chief Executive Officer Melanie Whelan has resigned from her post, Vox reported on Tuesday. 'Deeply Grateful' SoulCycle’s Chief People Officer Adrienne Gemperle said in an email to the company’s employees that was...
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IHOP Goes 'International House Of Burgers' To Cater To Later Diners
Monday, June 11, 2018 - 9:14am | 363After a suspense-filled campaign and much speculation, IHOP announced Monday that the “B” in its new — and temporary — “IHOb” moniker stands for “burger.” The breakfast chain will expand its menu to include seven burger variations served...
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Winners And Losers From Trump's $4 Trillion Budget Proposal
Tuesday, May 23, 2017 - 10:54am | 816The poor, the elderly, the disabled, college students and environmental protections all stand to take a big hit if Congress approves President Donald Trump’s $4.1 trillion budget for fiscal year 2018. Defense contractors, corporations in general and the wealthiest Americans all stand to gain...
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For The First Time Ever, One Bitcoin Is More Valuable Than One Ounce Of Gold
Friday, March 3, 2017 - 3:56pm | 318For the first time ever, one bitcoin is worth more than an ounce of gold. According to a CNNMoney report, the price of one bitcoin traded above $1,290 on Friday while an ounce of gold costs $1,228. There are a few factors at play here. First, high demand for the digital coin helped push the price...
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Politics And Business Don't Go Together, Just Ask One Of Under Armour's Most Notable Ambassadors
Thursday, February 9, 2017 - 4:06pm | 454NBA superstar Steph Curry and Under Armour Inc (NYSE: UA) (NYSE: UAA)'s CEO Kevin Plank might need a refresher in Business 101: Don't talk politics in the workplace. Plank: Trump Is An 'Asset' Plank said during an interview with CNBC that President Donald Trump is a "real asset" for American...
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Will Amazon Expand Into Brick And Mortar? Some Wall Street Analysts Are Saying Yes
Thursday, February 9, 2017 - 2:36pm | 435Amazon.com, Inc. (NASDAQ: AMZN) owes part of its success to the fact that it doesn't operate hundreds of physical brick and mortar locations across the country. Operating stores costs money and lots of it between rent, maintenance, salary, insurance, etc. Yet, some Wall Street analysts are making...
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Moelis Hit A New High And For Good Reason
Wednesday, February 8, 2017 - 3:10pm | 284Shares of Moelis & Co (NYSE: MC) were trading higher by nearly 4 percent Wednesday and hit a new 52-week high of $37.55 after the company reportedly landed a giant new advisory contract. According to a CNNMoney report, Moelis, an investment banking advisory firm valued at just $2 billion, has...
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Netflix's New Business Line: Action Figures?
Wednesday, February 8, 2017 - 3:07pm | 319If Walt Disney Co (NYSE: DIS) can sell branded products based on its many franchises, why can't Netflix, Inc. (NASDAQ: NFLX)? According to a CNNMoney report, Netflix is likely considering a move into selling merchandise based on its many original shows. The publication cited a job listing in...
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Myth: Sales Of Snacks Rise In Uncertain Times
Wednesday, February 8, 2017 - 2:51pm | 400Sales of snacks and junk food tend to rise during times of uncertainty, right? According to one of the world's largest snack makers, this is not the case at all. According to CNNMoney, Mondelez International Inc (NASDAQ: MDLZ), the parent company behind Oreo and Cadbury snacks, said during its...
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Report: Apple Will Soon Manufacture iPhones In India
Friday, February 3, 2017 - 12:21pm | 427A major hurdle that prevented Apple Inc. (NASDAQ: AAPL) from fully taking advantage of the Indian market has now been removed. India's tough protectionist laws make it nearly impossible for foreign companies like Apple to sell products in its own branded stores unless part of the...
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New Patent Shows How Uber Wants To Go Social
Thursday, February 2, 2017 - 2:09pm | 290Uber wants to implement social media information in its app, according to a new patent filing. According to CNNMoney, Uber intends to use social media information to better connect rides that use the UberPool feature. UberPool matches a user of the Uber platform with a stranger that is...
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The Romance Between President Trump And Investors Could Be Fading
Tuesday, January 31, 2017 - 4:08pm | 304In the midst of the Trump rally, the Dow Jones Industrial hit the 20,000 mark on January 25. However, by Tuesday the index briefly dipped below the 19,800 level, which may signal the romance between President Trump and investors has come to an end. As noted by CNNMoney's Paul La Monica, it...
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Cheap Oil Is Being Blamed For 200,000 Job Cuts
Friday, August 5, 2016 - 11:31am | 307Oil prices staged a brief rebound for part of 2016, but have been in a bearish trend since June. After topping $50 per barrel in June, WTI crude is now flirting with the $40 per barrel mark and were seen trading below its 200-day moving average. Oil bulls aren't the only ones worried about...
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Trump Campaign Lacks Support From Tech Workers
Tuesday, June 7, 2016 - 12:03pm | 379Presumptive Republican nominee Donald Trump doesn't seem to have the support of Silicon Valley, CNNMoney reported, citing a data from Crowdpac. The report, sourced from Crowdpac data, said just 52 tech industry workers have made political contributions to Trump, versus 33,094 for Bernie Sanders and...