Following the Withdrawal of Guidance And the Write-off of $75 Million in Inventory, American Eagle’s Shares Fell 17%
Due to weak sales, heavy discounts, and an uncertain economy, American Eagle announced on Tuesday that it is writing down $75 million in spring and summer products and rescinding its…
For 1.5 Billion Euros, Samsung Electronics Will Purchase FläktGroup, a Producer of Heating and Cooling Systems
On Wednesday, Samsung Electronics said that it will pay European investment company Triton 1.5 billion euros ($1.68 billion) to purchase all of the shares of FläktGroup, a well-known producer of…
Following a Historic Election Defeat in Australia, the Liberal Party Selects its First Female Leader
For the first time, a woman has been elected leader of Australia's Liberal Party. Sussan Ley succeeded Peter Dutton, who led the party to a crushing defeat in the election.…
Duterte, a Hague Prisoner, was Elected Mayor of His Hometown
According to preliminary results, Rodrigo Duterte, the former president of the Philippines who is being held in The Hague for his drug war that murdered thousands of people, has been…
Verifying Facts Trump’s Assertion that the US Had Secured $10 Trillion in Investments
US President Donald Trump has hailed corporate and foreign investment announcements since returning to the White House as evidence that he is bringing about "the golden age of America." On…
China and The US Claim Significant Progress in important Trade Negotiations
The United States and China both claim that the trade negotiations between the two nations in Switzerland have advanced. China's Vice Premier He Lifeng called the talks "in-depth" and "candid,"…
Due to the ‘Gulf of America’ Name Change, Mexico is Suing Google
According to President Claudia Sheinbaum, Mexico is suing Google for allegedly disregarding repeated pleas to stop the Gulf of Mexico from being referred to as the Gulf of America on…
China and the US Are Now Communicating. Why Now?
With negotiations between the two biggest economies in the world about to start in Switzerland, the US-China trade war may be coming to an end. The first high-level gathering since…
Shareholders are Suing United Healthcare for Their response to the CEO’s Murder
Following the death of its CEO, Brian Thompson, a group of investors filed a lawsuit against UnitedHealthcare Group on Wednesday, claiming the business had deceived them. The health insurance company…
Mohsen Mahdawi, a Student Activist, announces an immigration legal defence fund.
In order to support immigrants like himself who are facing deportation proceedings, student protest leader Mohsen Mahdawi has made an appearance at the Vermont state house to assist start a…
