CategoryEconomy

Toys “R” Us files for bankruptcy

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ASK young American parents about Toys “R” Us and they are likely to be able to sing a jingle from their childhood: “I don’t wanna grow up, ’cause maybe if I did, I couldn’t be a Toys ‘R’ Us kid” Dave Brandon, the company’s chief executive, emphasised that shops would carry on operating as usual and claimed that the best era of Toys “R” Us was still to come A Chapter 11 bankruptcy, many analysts...

Apple slump on watch news single-handedly turns Dow industrials negative

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Shares of Apple Inc, on Wednesday were weighing on the Dow Jones Industrial Average in early trade, capping gains in the benchmark after a negative report AAPL, -250% shares were sinking 27% Wednesday morning after the iPhone and iWatch maker reportedly admitted there are issues with connectivity of its latest Apple Watch Series 3 Shares of Apple were down $425, shaving more than 30 points from...

Apple shares slip after admission of watch connectivity problem

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AAPL, -264% shares declined Wednesday morning after the tech company reportedly admitted there are issues with connectivity of its new Apple Watch Series 3 The new Apple smartwatch is the first to connect to cellular networks on its own , without having to be electronically tethered to an iPhone, but reviewers had issues staying connected while reviewing the new device According to The Verge ...

Alnylam shares jump 24% on positive late-stage hATTR amyloidosis trial

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Sanofi SAN, +009% and Alnylam Pharmaceuticals Inc ALNY, -126% on Wednesday reported positive results in a late-stage trial of a treatment for Hereditary ATTR (hATTR) Amyliodosis patients with polyneuropathy Alnylam shares jumped 24% after resuming trading following a halt In a joint statement, the companies said an investigational RNAi therapeutic met its primary and secondary endpoints The...

Cat-4 Hurricane Maria makes landfall on Puerto Rico

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Puerto Ricans were warned to evacuate or risk their lives, with the weather system forecast to bring life-threatening winds, storm surges and rainfall The hurricane reached land near Yabucoa in Puerto Rico a little before 7 am Otherwise, you’re going to die,” Hector Pesquera, Puerto Rico’s public safety commissioner said The island avoided a direct hit from Hurricane Irma earlier this month, but...

Interview: Pretty Ricky’s Spectacular Makes Money Moves with Adwizar

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While folks were boppin’ their heads to “Grind with Me” and “Your Body, Spec was trying to figure out other ways to secure the bag Some years later, after discovering that his peers knew nothing about monetizing their social media accounts, which consisted of millions of followers, a light bulb went off and Spec quickly put things into motion Black Enterprise caught up with Spectacular to discuss...

Bed Bath & Beyond shares plunge 18% after earnings miss

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Bed Bath & Beyond Inc BBBY, -099% reported earnings far below expectations Tuesday, citing restructuring- and hurricane-related issues, and promised information on new initiatives later in the afternoon as shares plummeted The retailer announced fiscal second-quarter profit of $942 million, or 67 cents a share, on sales of $29 billion, down from earnings of $111 a share on revenue of $299 billion...

How This Texas Etiquette Coach Is Growing Her Business With Facebook Live

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Misty Harris, the owner of Texas Etiquette, opens up about her journey to business success For Misty Harris, the director and owner of Texas Etiquette , her passion is all about transformation Though her business originally started out targeting local areas, Harris is beginning to grow its reach by offering online classes and Facebook Live sessions I knew that whatever I did, I had to be able to...

The $2 Charge That Dropped My Credit Score 169 Points

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So, my personal credit score dropped a whopping 169 points the other day After all, I co-founded a company passionately devoted to teaching entrepreneurs how to avoid that kind of headache A credit card of mine—which I hadn’t used in three years—was charged a $2 dollar late fee The fee resulted from a missed $10 dollar payment for an insurance policy I forgot I purchased Until then, the payments...

GM Catapults Launch of Black Girls Code Detroit Chapter

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New opportunities for BGC after pushback of Uber donation Black Girls CODE has frequented the media a lot as of late, particularly for turning down a $125,000 grant from Uber that the founder, Kimberly Bryant felt was disingenuous Bryant told TechCrunch that, “it seems a bit tone-deaf to really addressing real change in how they are moving towards both inclusion and equity It appears to be more...

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