The Apple Card is a rewards-based credit card that gives consumers cash back on various categories of purchases. Because Apple is pushing the card as part of its ecosystem, users reap more rewards when they buy Apple products and use Apple Pay on their iPhones to pay for purchases....
Better transparency regarding the performance of Google's most valuable businesses would not only please Wall Street, but indirectly help Google retain top talent. And the arguments against doing so now look questionable. Read more: https://www.thestreet.com/investing/stocks/google-should-break-out-search-and-youtube-revenue-14947177
3M Co.  posted weaker-than-expected first quarter earnings Thursday and said it will launch a restructuring plan, including 2,000 job cuts, that will re-align the company into four business units as it slashed 2019 profit forecasts. 3M said adjusted earnings for the three months ending in March came in at $2.23 per share,...
Look around at the corporate landscape. It seems like every business is trying to figure out how to transform, or already has. Transformation, driven by new industrial platforms, geopolitical shifts, global competition, and changing consumer demand, is front-page news because it moves share prices, tests leadership ability and mettle,...
In a surprise energy mega-deal, Chevron said Friday it plans to buy Anadarko Petroleum for $33 billion in cash and stock. Chevron said it will pay $65 a share to Anadarko shareholders, who will receive 0.3869 a share of Chevron and $16.25 in cash for each Anadarko share. The total enterprise value of the transaction is...
Disney is set shake up the streaming world this week with with its long-awaited Netflix competitor. There's a lot we don't know about Disney's new Disney+ direct-to-consumer streaming service  -- namely price, a specific launch date and what original content Disney will offer alongside its own TV and film library. We also don't know how it might...
Comcast's full-year results obscure the contrast between the media conglomerate's declining legacy video business and its growth segments. And the acquisition of Europe's biggest pay-TV group Sky at the end of 2018 further blurs the picture. For instance, in 2018, Comcast reported revenue growth of 11.1% and operating growth of 5.5%. But Sky contributed almost 50% of...
A key staple of benefit packages today is retirement savings plans. These plans, which include 401(k)s and IRAs, allow workers to start saving money for retirement now. The real perk in many of these plans is an employer matching program. To encourage employees to participate in a retirement savings plans, a...
The Securities and Exchange Commission voted last week to propose an expansion of a popular modernization reform that would permit investor views about potential offerings to be taken into account at an earlier stage in the process than is the case today. The new rule and related amendments would expand...
Forrest City-based Armor Bank has expanded into central Arkansas with a new Little Rock location. The facility, located at 7401 Cantrell Road, is the first of Armor’s planned branches for the region. In 2018, the bank opened a loan production office in the Windriver Building on Cottondale Lane. “Armor Bank has...