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Deutsche Bank Shares Slip After Plans to Cut 7000 Jobs

Deutsche Bank Shares Slip After Plans to Cut 7000 Jobs

Deutsche Bank (NYSE:DB) shares slipped by 6.4 percent after it announced to cut more than 7,000 jobs to reduce expenses and return profitability back to reassure investors and clients.The bank released a statement regarding its Equities business rev..

BP Invests $20 Million for 5-minute Fast Charging Batteries for Electric Cars

BP Invests $20 Million for 5-minute Fast Charging Batteries for Electric Cars

British Petroleum Company (NYSE: BP) has invested $20 million in an Israeli start-up company by the name of StoreDot that claims its batteries can charge electric cars in just five minutes.Additionally said on Tuesday, BP suggested its venture capit..

Aurora Cannabis Expands Again in a 2.5 Billion Deal with MedReleaf

Aurora Cannabis Expands Again in a 2.5 Billion Deal with MedReleaf

Just months after  buying out CanniMed Therapeutics for C$1.23 billion ($1 billion U.S.D.)  making it the largest merger in Canada at the time, Aurora Cannabis Inc (TSE: ACB) announced on Monday that it will buy rival MedReleaf Corp (..

Easing Trade Tensions Portend Steady Stock Markets

Easing Trade Tensions Portend Steady Stock Markets

Easing trade tensions between China and the United States mean US stocks can only go up on May 14. Futures predicted a 0.2 percent opening gain for S&P 500. The Dow Jones Industrial Average or DJIS may go up by 0.3 percent. The Stoxx Europe 600 ..

Marathon to buy Andeavor for $23 billion

Marathon to buy Andeavor for $23 billion

Marathon Petroleum Corp. (NYSE: MPC) announced on Monday that has entered into a definitive merger agreement to acquire Andeavor (NYSE: ANDV) for $23.3 billion, allowing the two to become top U.S. refiners and expanding its market.Andeavor shares ro..

Shire Shares Surge on Reports of Takeda Takeover Attempt

Shire Shares Surge on Reports of Takeda Takeover Attempt

Shire’s plc (NASDAQ: SHPG) shares surged by 17 percent on Wednesday following Takeda Pharmaceutical potential $40 billion bid midst acquisition and mergers in the pharmaceutical industry, according to CNBC.CNBC said Takeda is in its “pre..

Analyst Lowers AMD and Nvidia Price on Crypto Mining Chip Forecast

Analyst Lowers AMD and Nvidia Price on Crypto Mining Chip Forecast

Susquehanna analyst, Christopher Rolland lowered his price target for Advanced Micro Devices Inc. (NASDAQ: AMD) and Nvidia Corporation (NASDAQ: NVDA) as specialized cryptocurrency mining chips will be released this year.Rolland reduced his rating to..