economy

Symantec Shares Plummet After Internal Investigation

Symantec Shares Plummet After Internal Investigation

Symantec Corporation (NASDAQ: SYMC) shares plummeted by 34 percent or $6 billion in market capital on Friday after it went under investigation on allegations that the company may have issued misleading business information.The company did not provid..

Bitcoin Futures Listed On Two Reputed Exchanges, Cryptocurrency May Become Immensely Popular Now

Bitcoin Futures Listed On Two Reputed Exchanges, Cryptocurrency May Become Immensely Popular Now

It seems like Thomas Peterffy, chairman of Interactive Brokers, is finally overcoming his suspicions related to the viability of bitcoin, the newest finance tool that is gaining immense popularity.Peterffy was recently reported saying that the listi..

No Three Percent Slump: Stock Market Record Created

No Three Percent Slump: Stock Market Record Created

Wall Street exhibits no volatility which the Trump era had brought. The Standard & Poor 500 has not dipped three percent from previous peaks since the slump. The latter ended on November 4, 2016- only four days before the Presidential election. ..

China Energy Invests $83 billion into Energy Projects in West Virginia

China Energy Invests $83 billion into Energy Projects in West Virginia

According to Reuters, China Energy Investment Corp, the world’s largest power company in value of assets, has now signed a memorandum of understanding (MOU) to invest $83.7 billion in shale gas, power, and chemical projects in West Virginia, U..

Both Apple and Oracle in Favor of Tax Repatriation Reform

Both Apple and Oracle in Favor of Tax Repatriation Reform

Mark Hurd, co-chief executive of Oracle Corporation (NYSE: ORCL), recently pledged his support to any form of tax reform that would allow the firm to retrieve its large cash pile from other nations. The government of the United States is looking to ..

Rise in Trade Mark Applications in the UK Due to Fintech Boom

Rise in Trade Mark Applications in the UK Due to Fintech Boom

Recent fintech innovations have caused a rise in trademark numbers registered by various financial companies in the UK. In 2016, the sector had reported registering a little over 4,000 trademarks. There is increasing competition among established fi..

The One Thing that Could Interfere with Stock Market Performance

The One Thing that Could Interfere with Stock Market Performance

It seems like the American stock market is almost unshakable. There is absolutely nothing that can disturb its record level performance. The S&P 500 Index closed at 2,575.21 for the forty-ninth time in 2017 and has to its credit 350 days of trad..