Hertz stock falls by almost a quarter amid bankruptcy preparations

Siraj Sarwar

Hertz (NYSE: HTZ) stock plunged 23% below $3 in after-hours trading for the first time in history after reports that the company has hired an additional adviser for chapter 11 bankruptcy preparations if it fails to get a grace period on a missed debt payment. Hertz, which missed lease payments last week, has hired FTI…

IBM

IBM’s new boss plans to boost cloud computing and AI presence

Siraj Sarwar

New IBM (NYSE: IBM) boss Arvind Krishna (pictured) took over as a chief executive on Monday, and vowed to boost the 109-year-old tech company’a presence in cloud computing and artificial intelligence (AI). Krishna, 57, said the firm had to “deepen our understanding” of hybrid cloud and AI, adding that the company needs to “win the…

The pandemic and a price war may lead to oil plunging below zero, say analysts

Galina Mikova

The collapse in oil demand, caused by a price war and the coronavirus pandemic, has left oil producers facing the possibility of being forced to give crude away as they run out of space to store an unprecedented glut of crude. The price war between Saudi Arabia and Russia has led to an increase in…

Starbucks Feature Image - News March 19 2020

Starbucks down over 40% due to pandemic – Time to buy?

Adam Green

The fast-food industry is rethinking its business model in the face of the coronavirus outbreak – Starbucks’ strategy is to take the offensive. The Seattle-based group, with over 30,000 outlets worldwide said yesterday it would buy back 40 million shares, is taking advantage of a global selloff that has sent its shares to new 52-week…

TFL Continues to Promote Junk Food Despite a Ban on Advertising

TFL Continues to Promote Junk Food, Despite a Ban on Advertising

Justinas Baltrusaitis

In February 2019 a ban on junk food advertising across the London public transport system was enforced in a move to curb child obesity. A year later, investigations by Learnbonds.com have revealed that the London Underground is carrying adverts on junk food through delivery firms. When the ban was rolled out, London authorities targeted means…

IBM stock

IBM Stock Jumps To 22-Month High; Analysts Forecast More To Come

Siraj Sarwar

IBM (NYSE: IBM) stock price soared sharply since it topped fourth-quarter revenue and earnings estimates. The company optimized the trader’s sentiments by breaking the streak of five consecutive quarters of revenue decline. The significant debt reduction along with healthy cash flow generation potential is adding to investor’s sentiments. IBM stock price is currently trading around…

PayActiv App

PayActiv App Loan Review 2020 – READ THIS BEFORE Applying!

Nica

If you have had enough of payday loans but still need a hand, financially speaking, the PayActiv App offers a compelling alternative. It differs in almost every respect from conventional loans but could be what you need to get from paycheck to paycheck. In this comprehensive review of the app, we take an in-depth look…

TRON

DLive Streaming Platform Acquired by TRON, BitTorrent

Max Moeller

DLive is a popular, cryptocurrency-based live-streaming platform similar to Twitch and Mixer, only it utilizes its own currency powered by the Lino blockchain. The platform has grown quite a bit since launch, with top YouTuber PewDiePie even taking a swing on it. Now, DLive will move over to the TRON blockchain thanks to an acquisition…