By Kashif, Investment Analyst at PrivCo, a private company financial intelligence platform Here are the absurd numbers to expect if other unicorns get as lucky as Snap did in its IPO. At PrivCo, we…
As expected, RadioShack parent General Wireless Operations filed for Chapter 11. The company will shutter 200 stores immediately. It does not have plans yet for another 1,300. The once proud electronics retailer has been…
The Street is reporting that Tronc may buy celebrity magazine Us Weekly from Wenner Media.
No company's market cap has ever reached $800 billion. Apple may reach that level soon.
Amid news that gasoline prices will rise in coming weeks, the price of a gallon of regular, on average, has hit $3 in California.
Fiat Chrysler sales have faltered recently. Its rankings in auto quality surveys have as well. Now, a new study of dealer services puts its brands at the bottom again.
Just 22 papers that are most important, financially, to the public company newspaper industry. It is a small foundation for such a large industry.
In what should trigger an increase in mobile device use in the world's largest mobile market, China will eliminate roaming charges and long distance fees as of October 1.
General Motors has decided to drop out of Europe, as, after years of losses, it could not fix its problems there.
China has decided to enforce air pollution regulations more aggressively. Among the tactics is will employee is restrictions to use of cars and light trucks in large cities during period when pollution is the…
Depending on the source, the value of Uber has been pegged as high as $66 billion. Recent battles with local governments, competition, new self-driving car companies, and controversies at Uber may have changed this.…
China is building its own Silicon Valley, according to Tencent's chairman. But does China have what it takes?
American Express has increased the annual fee for Platinum Card members as of March 30. Many of the new benefits offered these cardholders are useless, because they are for services they rarely, if ever,…
AT&T has reached a tentative settlement with the the Communications Workers of America over the 20,000 people the telecom employs in its Southwest region.
The turnaround of the fortunes of Detroit has failed to benefit the almost 100,000 who are out of work, a fact rarely, if ever, mentioned in the stories about the Motor City's resurrection.
Another investor may have become tired of the mess at Chipotle Mexican Grill. William A. Ackman's Pershing Square is preparing to sell shares.
It is called the "X Date," which is the day the federal government runs so low on funds that the Treasury cannot pay all its bills. Over the past several years, squabbling in Congress…
After Snap raised more than $3 billion in an initial public offering that values the company at $20 billion, management at other companies in the sector have to consider how they can raise money…
The turnaround experiment at Cadillac is in trouble, at least in the United States. Sales of the brand fell sharply in February.
Volvo was suppose to be the next major luxury brand in the United States, but U.S. sales dropped 15% in the first two months of this year.
