By Tony Owusu Fast food restaurants are warning investors that the conflict between Russia and Ukraine could hurt business. When the first McDonald’s (MCD) – Get McDonald’s Corporation Report opened in Russia in 1990 the symbolism was thick. American s…
Stocks of the Week: Defense Companies Playing Catch-Up With Russia on Key Technology
By Brian O’Connell With Putin’s tanks rolling through European streets, weapons makers are on the radar of many investors. Vladimir Putin’s invasion of Ukraine continues to dominate the headlines with the economic impacts quickly spilling over in oil, …
Is Bitcoin a Safe Haven Amid Russia-Ukraine Turmoil? Check the Chart.
By Bret Kenwell Bitcoin prices are spiking as demand for the digital currency explodes. Can it keep up the momentum? Bitcoin has exploded in value over the past two days, on Tuesday sporting a gain of 20% off yesterday’s low. For what it’s worth, ether…
Amazon Tries to Take Over the Grocery Shopping Experience
By Luc Olinga Almost five years after buying Whole Foods for $13.7 billion, Amazon is launching the promised revolution in the grocery shopping experience. Any industry in which Amazon (AMZN) – Get Amazon.com, Inc. Report has invested or ventured has g…
Why Microsoft Teams Up With One of its Biggest Competitors
By Colette Bennett Give the people what they want. The gaming landscape was a very different space ten years ago, with a strong focus on connecting users via online play. At that time Microsoft ( (MSFT) – Get Microsoft Corporation Report) – Get Microso…
Experts See Wages Rising Across the Economy
By Dan Weil If ‘wages rise faster than productivity in a broad-based way, inflation pressures may continue to broaden out,” the Fed said. Target’s (TGT) – Get Target Corporation Report $300 million plan for wage increases announced Monday reinforces th…
The King’s Next Palace Could Be on the Las Vegas Strip
By Tony Owusu Las Vegas status as a sports town could get a huge boost if reports of a potential NBA franchise in the desert are true. Las Vegas could become an even bigger sports oasis in the middle of the desert if one of the biggest sports stars in …
Royal Caribbean Makes Big Changes That Will Delight Customers
By Daniel Kline Cruise line Royal Caribbean has followed up dropping its onboard mask mandate by bringing back some well-loved perks. When Royal Caribbean (RCL) – Get Royal Caribbean Group Report in July resumed sailing from U.S. ports, cruising return…
Stock Market Today – 3/1: Stocks Fall as Russia Steps Up Attacks on Ukraine
By M. Corey Goldman,Rob Daniel Stocks fall as oil surges past $100 a barrel as Russia’s attack on Ukraine enters its sixth day, with Russia stepping up its offense. Stocks were trading lower on Tuesday and oil surged back above $100 a barrel as investo…
Visa and Mastercard Move to Block Russian Financial Firms
By M. Corey Goldman Visa and Mastercard take steps to block Russian financial institutions from their network, complying with government sanctions over Moscow’s invasion of Ukraine. Visa (V) – Get Visa Inc. Class A Report and Mastercard (MA) – Get Mast…