Eni (E) to Restructure, Separate Green Energy From Oil & Gas
Eni S.p.A. E recently announced that it will undergo a major restructuring of the company with focus on energy transition. The company is creating two business groups: Natural Resources and Energy Evolution. The new structure is expected to be…
NASCAR Heat 5 Coming to PlayStation4, Xbox One & PC
The Gold Edition of NASCAR Heat 5, the video game Officially Licensed by NASCAR, will launch on Tuesday, July 7, for the PlayStation®4 computer entertainment system, the Xbox One family of devices, including the Xbox One X, and PC via Steam, with the…
Lululemon set to acquire home fitness startup Mirror for $500M – TechCrunch
Lululemon today announced plans to acquire home exercise startup Mirror for $500 million. The fitness apparel company noted its plans by way of a press release, noting that it hopes to close the sale by the end of the second fiscal quarter of this year.…
VW Executive Purge Stokes Unease Among Investors Envying Tesla
(Bloomberg) — For years, two knocks against Tesla Inc. were that a constant churn of executive turnover would catch up to Elon Musk, and that an onslaught of electric models from Volkswagen AG and others would put him in his place. Now, the tables…
Stock Market News for Jul 15, 2020
Benchmarks closed higher on Tuesday despite investors pulling out of big tech stocks. Investors kept a close watch on big bank earnings for the second-quarter, rising coronavirus cases and deteriorating U.S.-China relations. The Dow Jones Industrial…
Stocks Snap Two-Day Rally Amid Rotation From Tech: Markets Wrap
(Bloomberg) — Technology shares pushed U.S. stocks lower for the first time in three days after investors rotated out of this year’s top performers. Treasuries gained with American initial jobless claims posting their smallest weekly decline since…
Worried About Big Tech Slump? Buy 6 Undervalued Tech ETFs
Technology stocks and ETFs have been star performers of this year. The coronavirus outbreak could not take the sheen out of this sector, rather added more to it. Social distancing norms enacted globally to mitigate the spread of the virus compelled…
Local journalism is in crisis. Author Margaret Sullivan shows what’s at stake
(Columbia Global Reports) For two days in the middle of February, before any of us knew how bad the pandemic would get, I served as a juror for the Pulitzer Prizes in the local news category. Our jury combed through submissions chronicling pressing…
MSNBC’s News Ticker Returns to Screen After Two-Year Absence
Click here to read the full article. MSNBC is learning how to crawl again. The NBCUniversal-owned cable-news outlet has restored a “news crawl” to the bottom of its screen after a two-year absence. The “crawl,” also known in the industry as a “ticker” or…
Chinese Smartphone Giant Vivo Is Latest to Splurge on Tech Tower
(Bloomberg) — China’s No. 2 smartphone brand Vivo Mobile Communications Co. has broken ground on a high-rise office in Shenzhen to house its future headquarters, highlighting a construction boom from the country’s burgeoning tech sector. number 1…