Shares of Mastercard were falling into the red on Monday after the company revealed that the coronavirus may affect 2020 revenue. “Cross-border travel, and to a lesser extent cross-border e-commerce growth, is being impacted by the Coronavirus,” the company said in a statement on Monday. Mastercard said its first-quarter revenue growth will be about two … Continue reading “Mastercard Drops After Warning of Impact of Coronavirus”
Author: Sophia Vida
L. Brands to Sell Controlling Stake in Victoria’s Secret
In an effort for Victoria's Secret to repair its struggling image and sales, parent company…
Morgan Stanley is Buying E-Trade for $13 Billion
One of the biggest headlines this week involved Morgan Stanley who is set to buy…
T-Mobile and Sprint Give Deutsche Telekom a Higher Stake in Newly Combined Company
It's been a big month for T-Mobile and Sprint, who received the green light from…
LendingClub Purchases Radius Bank for $185 Million
In the very first fintech takeover of a regulated US bank, LendingClub has purchased Radius…
Bill Gates Bought an Electric Porsche Instead of A Tesla
While Tesla shares may be skyrocketing since the year began, billionaire Bill Gates didn't opt…
Some May Find Burger Kings’ New Ad About Cutting Artificial Preservatives Kind of Gross
Fast food giant Burger King is removing artificial preservatives, colors, and flavors from its popular…
Kroger Gets Big Investment from Warren Buffett
When Warren Buffett makes an investment, Wall Street pays close attention. The investor, better known…
Meal Kit Delivery Company Blue Apron May Be Up For Sale Soon
Struggling meal-kit company Blue Apron announced this week that its numbers of customers have fallen…
Walmart Plans to Save Millions of Dollars A Year By Doing This
Big box retailer Walmart has plans to save millions of dollars a year by making…
Groupon Shares Tumble on Disappointing Quarterly Results
Shares of e-commerce company Groupon were plunging in after-hours trading on Tuesday after the company…
Thousands of Oracle Employees Protested Trump Fundraiser
Over 2,300 employees at Oracle had signed a petition that is against a fundraiser for…
General Mills is Selling a Box of Cereal for $13
With how much grocery items have already increased in price in recent years, it's hard…
Jeff Bezos Makes $10 Billion Pledge to Launch Earth Fund
In an effort to combat climate change, Amazon's CEO Jeff Bezos has made a big…
