Trump Media and Technology Group, the parent company of Truth Social, is pushing back against a recent Washington Post article. The article suggested that the company is struggling, even though Trump recently won the election. Most of TMTG's 650, 000 shareholders are small investors who believed in
CVS Health has bolstered its board of directors, adding four new members, including the CEO of a hedge fund that has been vocal about the company’s struggles. The latest development comes after productive discussions with shareholder Glenview Capital Management, which holds about a 1% stake in CVS H
Ideal Power Inc. , a company dedicated to revolutionizing power switches, has shared its Q3 2024 achievements. Their star product, the B-TRAN™ bidirectional semiconductor power switch, is catching the eye of big players in electric vehicles and renewable energy. The company has been busy collaborati
Tencent Music Entertainment, the biggest digital music company in China, saw its revenue grow by nearly 7% in the third quarter of 2023. This growth was largely thanks to its streaming services, which managed to increase the number of paying subscribers and the average revenue per subscriber. The co
Ever wondered how British investments fared in Argentina and Uruguay from the late 1800s to the mid-1900s? The River Plate Trust Group, also known as Morris or Morrison, was a big player in this story. They controlled lots of public utilities and financial firms. Many people thought British investme
Exxon Mobil just had a quarter to remember, but not everything is rosy. The oil giant hit a production high not seen in over four decades, pumping out 3. 2 million barrels of liquids daily. However, profits took a dip, falling about 5% compared to the same time last year. Why? Blame it on refining m
Wendy's is planning to close 140 of its restaurants in the next few months. But don't worry, they're not disappearing—the fast food chain is opening an equal number of new locations. The restaurants being shut down are old and in areas that aren't doing well financially, according to Wendy's CEO, Ki
Airbus has decided to stick to its plan of delivering 770 aircraft in 2024, even though it's facing some big problems with its supply chain. This news came after the company reported better-than-expected earnings for the third quarter. Airbus made €1. 41 billion before interest and taxes, which was
CVS Health has a new captain at the helm. David Joyner steps up to replace Karen Lynch as CEO, hoping to navigate the company through rough waters. The health care giant has been struggling a lot this year, with its stock dropping by about 19%. It's been a tough time for major pharmacy chains, compe
Walgreens, a well-known drugstore chain, has decided to close 1,200 stores over the next three years. This strategic move is part of the company's efforts to save money and improve its bottom line. Among these closures, 500 stores will shut down by the end of 2025. The company believes this will hel
