work

What the Latest Unemployment Report Can Tell You About the Economy

What the Latest Unemployment Report Can Tell You About the Economy

The latest Unemployment Rate Report, released on July 6th, by the Labor Department, showed 213,000 jobs added last month, which surpassed economists' expectation of 200,000. Meanwhile, there was an increase in the unemployment rate from 3.8..

Tesla cuts 9% of its workforce for profit

Tesla cuts 9% of its workforce for profit

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk, in an email to employees, wrote “Tesla has grown and evolved rapidly over the past several years, which has resulted in some duplication of roles and some job functions that, while they made sense in th..

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..

AMC Networks Beat on First-Quarter Results

AMC Networks Beat on First-Quarter Results

On Thursday, AMC Networks Inc. (NASDAQ: AMCX) announced its financial results for the first quarter of 2018. With both earnings and revenue beating estimates, shares of the company rose 3% in premarket trading on Thursday.According to the company, r..

Discovery Reported a Loss After the Acquisition of Scripps Networks

Discovery Reported a Loss After the Acquisition of Scripps Networks

Discovery, Inc. (NASDAQ: DISCA) reported its financial results for the first quarter of fiscal 2018. The results were announced after the acquisition of Scripps Networks Interactive Inc in a $11.9 billion deal in March.“The first quarter of 20..

Nike Executive Resigns Amid Inappropriate Behavior Complaints

Nike Executive Resigns Amid Inappropriate Behavior Complaints

Nike Inc.’s (NYSE: NKE) brand president, Trevor Edwards will resign and leave the company effective in August amid inappropriate workplace complaints, reports The Wall Street Journal, citing a Nike spokeswoman.The Journal cited an internal mem..

Palo Alto Shares Rise After Beating Q2 Estimates

Palo Alto Shares Rise After Beating Q2 Estimates

Palo Alto Networks (NYSE: PANW) reported its second quarter financial results for fiscal year 2018 and beat analysts’ estimates in both revenue and earnings. Shares were trading 6 percent higher during Tuesday’s pre-market hours.For..