Under Armour Inc is being probed by U.S. federal law enforcement officials, examining whether the sportswear maker shifted sales from quarter to quarter to appear healthier, the Wall Street Journal reported on Sunday.
(Bloomberg) — Fitbit Inc., soon to be acquired by Google, says it’s shifting manufacturing operations out of China for its health trackers and smartwatches to avoid U.S. tariffs. But until then, it wants relief from President Donald Trump’s duties.The smartwatch maker has filed a request for an exclusion on the 15% duty that took effect Sept. 1 on its wrist-wearable communications devices, saying that while its goal is to eliminate the use of Chinese manufacturers, it “respectfully requests” a tariff waiver for its smartwatches and fitness trackers now imported from China.The duties will allow Chinese firms such as Huawei Technologies …read more […]
Q3 2019 MEDNAX Inc Earnings Call …read more […]
McDonald’s CEO Steve Easterbrook has been ousted after an inappropriate relationship with an employee. Here’s what we know about the new guy atop the Golden Arches. …read more […]
The largest insider buys this week were in American Airlines, Eli Lilly, Keurig Dr Pepper and Ford Continue reading… …read more […]
Easterbrook violated company policy, the fast-food giant said. …read more […]
Q3 2019 Arbor Realty Trust Inc Earnings Call …read more […]
Q3 2019 B. Riley Financial Inc Earnings Call …read more […]
Q3 2019 MobileIron Inc Earnings Call …read more […]
The Committee for a Responsible Federal Budget (CRFB) released its analysis on legitimate sources to finance a hypothetical Medicare for All program, with costs projected to tally up to $30 trillion over a decade (similar to projections from the Urban Institute). …read more […]
The United States may not need to impose tariffs on imported vehicles later this month after holding “good conversations” with automakers in the European Union, Japan and Korea, U.S. Commerce Secretary Wilbur Ross said in an interview published on Sunday.
Q3 2019 World Wrestling Entertainment Inc Earnings Call …read more […]
On the other hand, we saw a series of bad news coming out of major cannabis companies. MedMen Enterprises Inc. (CSE: MMEN) (OTC: MMNFF) tumbled on a substantial growth in its net losses, which came in at $82.9 million for the fourth quarter, more than double the loss reported in the same period last year. …read more […]
(Bloomberg) — Kosmos Energy Ltd. made an offshore oil discovery in Equatorial Guinea, according to the Ministry of Mines and Hydrocarbons.The S-5 well was drilled to a depth of 4,400 meters and encountered 39 meters of net oil play in the Santonian reservoir in the offshore Rio Muni Basin, the ministry said in an emailed statement.Equatorial Guinea is struggling to recover from a slump in drilling activity and oil and gas production. The discovery is the first well in the campaign by Kosmos.Kosmos Drilling Boss Looks to 1990s Playbook in Africa Oil Hunt“The discovery is a strong validation of our …read more […]
The United Kingdom’s tax authority issued taxation guidance for businesses on Friday, complementing its previous guidelines for individuals. The guidance clarifies how capital gains tax, corporate tax, national insurance contributions, income tax, and others.The post U.K. updates crypto taxation guidance, stressing that crypto like bitcoin are neither currency nor securities appeared first on The Block. …read more […]
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