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Amazon may get hit with EU’s Sales Tax Reform

Amazon may get hit with EU’s Sales Tax Reform

The European Commission is looking to propose a sales tax reform that is levied in the European Union to tackle fraud and curb companies’ excessive tax planning on Wednesday, which could definitely affect U.S. online retailer Amazon.com, Inc. ..

Monarch Airlines cancels Holiday Flights

Monarch Airlines cancels Holiday Flights

Monarch Airlines cancelled hundreds of thousands of holiday flights due to the intense competition for flights and a weaker pound. 900,000 passengers were affected included more than 100,000 that were already abroad. 750,000 future bookings were can..

Roku Opens Strong at IPO Launch; Shares Jump Over 30%

Roku Opens Strong at IPO Launch; Shares Jump Over 30%

Roku Inc. (NASDAQ: ROKU) opened strong as the company launches its IPO on Thursday. The company and its 8 million opened at $15.90 a share. Shortly after opening, shares surged nearly 30 percent and was trading over $18 shortly after the launch. Rok..

Tesla Shares fall after Jefferies’ Analyst Downgrade

Tesla Shares fall after Jefferies’ Analyst Downgrade

Tesla, Inc. (NASDAQ: TSLA) fell Tuesday, reaching a low of day of $373.57 as Jefferies analyst, Philippe Houchois downgraded Tesla, giving the company an “under-perfor” rating. “Achievements to-date and vision are impressive, ..

Novartis Immunocellular Therapy Approved by FDA

Novartis Immunocellular Therapy Approved by FDA

Novartis AG (NYSE: NVS) announced Wednesday that the US Food and Drug Administration (FDA) has approved Kymriah (TM)(tisagenlecleucel) suspension for intravenous infusion, the first chimeric antigen receptor T cell (CAR-T) therapy, for the treatment..

How is the U.S. Stock Market in a Scenario of Low Inflation Rates?

How is the U.S. Stock Market in a Scenario of Low Inflation Rates?

Inflation is a monetary phenomenon characterized by too much money in the economy with too few goods and services. If you are asked what the current rate of inflation is in the United States, you will probably be wondering. You may think of a vague ..

Herbalife Shares Jump as Company Announces Dutch Auction Self-Tender Offer

Herbalife Shares Jump as Company Announces Dutch Auction Self-Tender Offer

Herbalife Ltd. (NYSE: HLF) stock up about 11% after the nutrition company announced that it has, “commenced a modified Dutch auction self-tender offer to purchase for cash up to an aggregate of $600 million of shares of its common stock at a p..