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Mark Zuckerberg Critized by shareholders Over Scandals

Mark Zuckerberg Critized by shareholders Over Scandals

On Thursday, May 31, 2018, Facebook, Inc. (NASDAQ: FB) had its annual shareholder meeting and many investors came angered and frustrated over the recent scandals Facebook has been having. The meeting when from a dull gathering into a chance for inve..

Momo Inc Beat on First-Quarter Earnings

Momo Inc Beat on First-Quarter Earnings

On Tuesday, Momo Inc. (NASDAQ: MOMO), which is a leading mobile social networking platform in China, announced its financial results for the first quarter of fiscal 2018.The company reported total net revenues of $435.1 million for the first quarter..

First Woman President of New York Stock Exchange in 226 years

First Woman President of New York Stock Exchange in 226 years

The New York Stock Exchange announced Tuesday that, effective as of Friday, Stacey Cunningham, who is currently NYSE’s Chief Operating Officer, will become the exchange's first woman president in its 226-year history.When Cunningham starte..

Wage Increase Stagnation in an Environment of Declining Productivity and Increasing Inflation

Wage Increase Stagnation in an Environment of Declining Productivity and Increasing Inflation

In 2017, with the historically low unemployment rate of 3.9% and over 200,000 jobs gain through 2018, the wage growth remained sluggish. According to historical data provided by Labor Department, there is a 4.3% rose in 2000 when the unemployment ra..

Facebook Endorses the Honest Ads Act

Facebook Endorses the Honest Ads Act

Facebook, Inc. (NASDAQ: FB) CEO Mark Zuckerberg announced Friday that he endorses a legislation to regulate political advertisements across the internet. According to Reuters, the law proposed, the Honest Ads Act, would require digital platforms wit..

Snap Inc to Cut Around 100 Workers in the Second Round of Layoffs

Snap Inc to Cut Around 100 Workers in the Second Round of Layoffs

On Thursday, Snap Inc (NYSE: SNAP), which operates the Snapchat app, said that it will cut around 100 workers in the second round of layoffs. This move is the company’s latest step to restructure the company after aggressive hiring in the past..

Free Taxes Possible

Free Taxes Possible

If you laid off your tax returns for the last minute, this does not mean you have to pay handsomely for some agency services to file your taxes. The changes in Tax Cuts and Jobs Act do not kick in until the 2018 taxes are prepared. It means that the..