wallstreet

Exxon Commits USD 1 Million For A Carbon Tax

Exxon Commits USD 1 Million For A Carbon Tax

Exxon Mobil Corp. (NYSE: XOM) announced it will commit USD 1 Million over two years to promote a tax on carbon emissions by corporations, marking one of the few times an oil company has given money to prioritize fighting climate change in Washi..

Microsoft and Grab Announce a Strategic Partnership

Microsoft and Grab Announce a Strategic Partnership

Microsoft Corp. (NASDAQ: MSFT) and Singapore-based ride-hailing company, Grab, announced a strategic partnership on Monday.Under the agreement, Grab will adopt Microsoft Azure as its preferred cloud platform whileMicrosoft will make a strategic inve..

GE Shares Rose on Barclays’ Upgrade

GE Shares Rose on Barclays’ Upgrade

General Electric Co. (NYSE: GE) shares rose on Monday after Barclays upgraded the stock to overweight, citing that appointment of new CEO may help the Company’s turnaround plan.According to CNBC, analyst Julian Mitchell wrote: "Even the m..

Mattress Firm Files for Chapter 11 Bankruptcy Protection

Mattress Firm Files for Chapter 11 Bankruptcy Protection

Mattress Firm, the largest U.S. mattress company is filing for Chapter 11 bankruptcy protection. Chapter 11 bankruptcy is a way for retailers to get out of unwanted leases. Across the U.S., Mattress Firm has 3,500 locations which in the past were in..

GE CEO Stands to Gain on GE Ressurgence

GE CEO Stands to Gain on GE Ressurgence

Last Monday, General Electric (NYSE: GE) announced their new CEO, Larry Culp, the 1st outside-hire CEO in 126 years. Culp was the former CEO of Danaher (NYSE: DHR), an industrial manufacturing company.Culp will be demanded to revive the Company&rsqu..

Tesla Model 3 Achieved the Lowest Probability of Injury of any Vehicle Ever

Tesla Model 3 Achieved the Lowest Probability of Injury of any Vehicle Ever

Tesla Inc. (NASDAQ: TSLA) announced in a blog post on Sunday that the Model 3 has achieved the goal of being the safest vehicle ever built.In the blog post, Tesla said that the National Highway Traffic Safety Administration (NHTSA) gave the Model 3 ..

Synopsys Tops Q3 Earnings and Revenue Estimates

Synopsys Tops Q3 Earnings and Revenue Estimates

Synopsys Inc. (NASDAQ: SNPS) reported better-than-expected quarterly results and forecast fourth-quarter results above Wall Street estimates on Wednesday, as the maker of chip design software benefits from rising demand from semiconductor clients.Th..