Business – Page 5

Leading Music Streaming App, Spotify, Is Lastly Making Profit

Spotify is on the verge of trying to become a podcasting behemoth with 2 new acquirements—and we have some recommendations for that. But first, it is crossing an essential milestone with its business for music streaming. Recently, the firm for the very first time is stating that it has turned a profit. That’s correct: some…

Bond Yield, Rate Hike Estimate Readjusted By Wells Fargo

Wells Fargo is finally adopting few changes as bond yields show impact on fears of global growth. In February 2019, the firm has made some cut in target of bond yields as well as forecast of interest rate increase of the Federal Reserve at the year end. Global head of the interest rate strategy of…

Subscription Car Service By Toyota Rewards You For Safe Driving

Toyota has joined hands with Sumitomo Mitsui Auto Service Company to roll a new vehicle subscription offering with gamification components in Japan. The initiative is dubbed as Kinto, and it will provide 2 tiers: the first, dubbed as Kinto One, will let you to drive one Toyota car over a 3-year course for anywhere from…

Bumble Lets Users To Pay & Keep Them At The Vanguard Of The Match Stack

Bumble rolled out a new feature dubbed as Spotlight that conveys a consumer’s profile to the top of swipe page by people for 30 Minutes. Consumers have to pay 2 Bumble Coins (or $1.99) to get hold of this feature. In addition to this, Spotlight does not call these consumers out in-app, so no other…

Broadway Producers To Share Profit With Performers

Since Broadway business is getting swelled up, producers have decided to give share of their profit with performers. On February 8, 2019, there has been an agreement. According to which commercial producers that provide huge amount of capital for the biggest hits have agreed in sharing the profits with performers who give their level best…

To Combat Pollution, Plastic Recycling Industries’ Hard Work Come Into Play

The rising plastic pollution in the environment is the major concern at the global level. The plastic has been contaminating land as well as huge water bodies through the scattering of microplastics in all the directions, affecting marine animals. Recently, it has been observed that microplastics are present in groundwater too, which is used for…

Weakening Economy Lead To Rising Debts For Chinese Companies

The reports of slowdown about Chinese economy is very real as even though its government is trying to infuse cash into the markets by reducing reserve ratio of banks debts of several large corporates are growing say rating agencies. The details of GDP figures for last year that were released by Chinese government this week…

AT&T’s Stock Drops Down As The Company Misses Expected Revenue Targets

Telecom giant AT&T has reported its Q4 profit which has fulfilled the expectations but the increase in number of postpaid wireless phone subscribers along with the generated revenue has fallen short of the estimates derived by the analysts. The stock of the company has dropped down in the morning hours of the trade. The company…

AT&T To Cut Employments In Ineffective Business Units

AT&T allegedly is preparing for more suspensions. The firm took this decision days after the Communications Workers of America (CWA) condemned the telco for cutting over 10,000 employments last year. According to the reports, the leadership from AT&T is preparing for a “geographic rationalization” and employment “surplus” reduction. This move by the firm is supposed…

Active Week For Dow With Corporate Earnings, Trade Talks And Fed Policy

The week ahead is hectic but seems to begin with a slow start for U.S. stock futures as it shows traces of weakness. The market is waiting for many events that will determine its direction. There is a policy update by the Federal Reserve, economic reports, and earnings reports and of course the trade talks…

Audi Bets Users To Pay Extra For The A7’s Tech Upgrades And Design

Plausibly, you must purchase the lower-cost Audi A6. They have the similar powertrain. They manage almost identically. The issue is, users do not purchase cars on the basis of logic. The Audi A7 (introductory price tag of $68,000) seems spectacular. When you look at the A7 & A6 together, the A7 is simply a cooler…

2 Ex Airline CEOs Slam Govt. Over Shutdown

Former CEO of American Airlines Robert Crandall has slammed the US government for current crisis in civil services due to partial shutdown calling it irresponsible and dangerous for passengers’ safety. This was because in several airports across East Coast flights were disrupted due to increased sick leave among air traffic controllers forcing the government to…

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