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News & Updates

May 21, 2019 Little Caesars is the first national pizza chain to jump on the vegan meat bandwagon

Source: Business Insider

Little Caesars is the first national pizza chain to add a meat substitute to the menu. On Monday, the pizza chain announced that it is testing the Impossible Supreme Pizza, made with plant-based sausage from Impossible Foods, in...

May 21, 2019 China tariffs could force 'widespread store closures' and put $40 billion in sales at risk

Source: USA Today

The trade war with China could cause prices to rise on everything from toys to clothing, but it also could lead to “widespread store closures,” according to a report by UBS. The investment bank's analysis said tariffs...

May 20, 2019 The yuan has fallen near crisis-era levels. What China does about it will shape the trade war

Source: CNN

London - Yuan alert: The yuan just hit its lowest level against the dollar since November 2018. That could make the trade war between China and the United States even more complicated.

May 20, 2019 Goldman in talks to buy PAI’s B&B Hotels for €1.9 billion

Source: FT

The US bank’s merchant banking division, which handles its private equity transactions, is in negotiations to buy the chain of nearly 500 budget hotels, both firms said on Monday.

May 20, 2019 A Certification Standard Has Not Emerged In Emergency Preparedness Plans, Says The Conference Board

Source: Al Bawaba News

The majority of U.S. companies have a formal, written plan for emergency preparedness, according to a report released today by The Conference Board. But a widely adopted certification standard for such plans does not exist yet....

May 17, 2019 From Bob Iger to Warren Buffett and Jack Dorsey: These are the highest and lowest paid CEOs of 2018

Source: CNBC

Becoming a chief executive officer of a top company seems like the pinnacle of success, so what kind of money do those at the top make? For its annual report on compensation for CEOs of S&P 500 companies, The Wall Street Journal...

May 17, 2019 Bitcoin price plunges less than a day after trading above $8,000 level

Source: CNBC

As of 12:59 a.m. ET Friday, the price of bitcoin was at $7,215.79 apiece, according to data from Coindesk — a 10.1% drop in the last 24 hours.

May 17, 2019 Goldman Sachs makes biggest acquisition in nearly 20 years

Source: CNN Business

New York - Goldman Sachs just made its first M&A splash of the David Solomon era, scooping up United Capital in a bid to beef up its wealth-management business.

May 17, 2019 Chinese companies moving to Vietnam keep quiet on trade war to avoid wrath of authorities and staff

Source: South China Morning Pozt

Chinese state media may have launched a fierce propaganda campaign, placing the blame for the trade war squarely at the feet of the US government. But many manufacturers in China are keeping their heads below the parapet, for...

May 17, 2019 Sony shares skyrocket after the company announces partnership with Microsoft, share buyback

Source: CNBC

Shares of Japanese conglomerate Sony surged on Friday after the company announced a share buyback of more than $1 billion and a partnership with a major gaming competitor.

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