Business News
2 Stocks to Buy Now From a Top Sector
Consumer sentiment improved significantly amid easing inflationary pressures. However, many still believe there will be a recession in 2023. Given the inelastic demand for groceries, fundamentally strong stocks Walmart...
Walmart Raises Base Pay from $12 to $14
Walmart announced an increase in base pay on Tuesday for its associates that will bring its average hourly pay to "more than" $17.50 an hour. Bloomberg / Contributor I...
Amazon’s RxPass Will Help It Tap Into the Pharmaceutical Market as It Seeks to Grow Revenue Beyond 500 Billion
Amazon is adding generic medications to the list of goods and services it offers. How will that impact its revenue and share price?. shutterstock.com - StockNews Amazon may suffer...
3 Restaurant Stocks to Buy for 2023 and 1 to Avoid
Automation and the growing online food delivery market will likely boost the restaurant industry in the long term. Hence, fundamentally strong restaurant stocks McDonald's (MCD), Nathan's Famous (NATH), and...
Jeff Bezos Denies Reports He Wants to Sell Washington Post
Spokespeople for the Washington Post and its owner, Jeff Bezos, have denied recent reports that the newspaper is up for sale. The Amazon founder visited the Post last week...
Activist Shareholders Threaten Salesforce Board
In recent months, activist investors Starboard Value — and, more recently, Elliott Management — have taken over significant stakes in leading customer relationship management (CRM) software provider Salesforce. The...
Microsoft Invests Billions in OpenAI, Creator of ChatGPT
On Monday, Microsoft announced it is investing billions in OpenAI to advance AI research and democratize it as a technology platform. This deepening partnership between Microsoft and OpenAI has...