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Johnson & Johnson (NYSE:JNJ) Fined $344 Million For Failing To Disclose Risks Of Pelvic Mesh Devices

Johnson & Johnson (NYSE:JNJ) has been ordered to pay over $340 million in penalties to the state of California following a ruling that the company employed deceptive and false marketing for its pelvic mesh product for women. J&J subsidiary failed to reveal risks of the pelvic mesh devices California Superior Court Judge Eddie Sturgeon delivered […]

Amazon.com, Inc. (NASDAQ:AMZN) Signs A Warehouse Lease Agreement With Matrix Development Group In Staten Island

To increase its footprint in Staten Island, Amazon.com, Inc. (NASDAQ:AMZN) signed a pact with Matrix Development Group in Staten Island for 450,000 Sq. Ft. It is located adjacent to its 855,000 Sq. Ft. distribution center opened in 2017. The new warehouse will concentrate on its last-mile deliveries. The existing distribution center will focus on sorting […]

Amazon.com Inc. (NASDAQ:AMZN) Employees Could Lose Jobs For Criticizing The Company’s Practices

Several Amazon.com Inc. (NASDAQ:AMZN) workers risk losing their jobs if they go through with the plan to criticize the company’s business practices. The workers are openly criticizing the retail giant’s record on climate change. Over 330 workers could lose jobs for speaking up Over the weekend, around 330 employees of Amazon signed their names and […]

Uber Technologies Inc. (NYSE:UBER) Introduces New feature That Let California Drivers To Set Fares

Uber Technologies Inc. (NYSE:UBER) is piloting a new feature in California, which will give drivers the ability to determine their fares. This is one of the latest moves by the company to ensure drivers are given more autonomy in the wake of the recently introduced gig-economy law in the state. Uber piloting feature at the […]

Uber Technologies (NYSE:UBER) Sells Its Uber Eats Segment In India To Zomato For $172 Million

Uber Technologies (NYSE:UBER) has agreed to sell its food delivery business, Uber Eats, in India to Zomato $172 million deal. This underscores the taxi-hailing company’s determination to cut on loss-making operations that have a struggle against the competition. In recent years Uber has offloaded orations in China, Russia, and South. Uber to receive a 9.9% […]

Amazon.com Inc. (NASDAQ:AMZN) Is Building A Hand-Scanning Payment Service

Amazon.com Inc. (NASDAQ:AMZN) is reportedly working on checkout terminals that will allow customers to pay using their palms through connection to their credit cards. According to people familiar with the issue, customers will be able to scan their palms to pay for purchases in physical stores. Amazon piloting payment using hand scan at its Amazon […]

Visa Inc (NYSE:V) Spends $5.3 Billion To Acquire Silicon Valley Start-up – Plaid

Visa Inc (NYSE:V) spends $5.3 billion to take over the Silicon Valley Start-up – Plaid. It is roughly double to that of the private valuation of Plaid. API Software of Plaid, aka plumbing, is behind the fintech companies. It allows the start-ups to connect with the bank accounts of users. Some of the Plaid customers […]

Uber Technologies Inc (NYSE:UBER) Abides To New AB5 Law In California: Uber Users Need To Pay Computed Price At the End Of The Trip

Uber Technologies Inc (NYSE:UBER) has announced an end to price protection for the trip and making changes to the App adhering to the new law – AB5 in California. As per the new law, the users need to pay the final calculated price at the end of the trip than the estimated price. Californian authorities […]

Macy’s Inc. (NYSE:M) To Close More Locations In 2020 Following Decline In Store Sales

Macy’s Inc. (NYSE:M) will close around 19 of its location in the next few months as the company continues to shutter more stores. Officials have, however, not confirmed the stores they are shuttering. Macy’s to over a dozen stores The company indicated that it continues to review its store portfolio regularly, and it plans to […]

A Recall Of Egg Products From Leading Companies Like St. Joe (NYSE:JOE) Swings Into Effect

A recent outbreak of a condition known as listeria has sickened five persons. All of them come from across five different states, and blame is being cast at Almark Foods. Reports indicate the affected persons had consumed some fresh-hard boiled eggs from Almark Foods. The affected businesses There is a recall of products following the […]

Sears Holdings Corp (OTCMKTS:SHLDQ) Sells Its Diehard Car Battery Brand To Advance Auto Parts, Inc (NYSE:AAP)

Advance Auto Parts, Inc (NYSE:AAP) has announced that it channeled about $200 million in the purchase of the DieHard car battery brand. Reports indicate that Sears Holdings Corp (OTCMKTS:SHLDQ) has been going through a rough patch financially for several years now. Analysts have cited its financial status as the reason behind the sale of the […]

IAC/InterActiveCorp (NASDAQ:IAC) Spins Off Match Group Inc (NASDAQ:MTCH)

IAC/InterActiveCorp (NASDAQ:IAC) has today announced that it is going to spin off the Match Group unit. The leader of this media and Internet Company, Barry Diller, has confirmed this today. He says that it has always been in their culture to develop businesses and later spin them off. A close outlook According to the official, […]

Uber Technologies Inc (NYSE:UBER) Agrees For A $4.4 Million Settlement With The US EEOC In A Sexual Discrimination Issue

Uber Technologies Inc (NYSE:UBER) will pay $4.4 million as part of the settlement with the US Equal Employment Opportunity Commission on issues related to sexual discrimination. The Federal agency concluded that the company allowed sexual harassment against those individuals, who informed the authorities about such issues. Sexual harassment victims to receive compensation The Federal Agency […]

International Flavors & Fragrances Inc (NYSE:IFF) Combines With DuPont de Nemours Inc (NYSE:DD) To Form A Consumer Giant

International Flavors & Fragrances Inc (NYSE:IFF) announced plans to combine with the nutrition & biosciences unit of DuPont de Nemours Inc (NYSE:DD). The new entity will be valued at over $45 billion. As per the terms of the deal, the shareholders of DuPont will receive 55.4% of the shares in the new consumer giant. The […]

The Curious Case of ISWH

International Spirits & Wellness Holdings, Inc. (OTCMKTS:ISWH) is an interesting stock from a valuation and fundamental analysis standpoint. It’s something of a case study, and may represent a major error in market pricing based on an in-depth examination. Consider the following: the company has now posted two consecutive quarters of gross profitability and is moving […]

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