Category Archives: Uncategorized

Chipotle Founder to Step Down as CEO

Chipotle Mexican Grill founder Steve Ells will step down as CEO due to the rise in competition, fall in share price, and repeat food-safety violations. As the company searches for a new CEO, Ells will be demoted to executive chairman. … Continue reading

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Verizon’s New Strategy – Humanability

Verizon that first started as a telecommunications company has been slowly moving to differenct sectors. Over the past few years, Verizon acquired Aol and Yahoo to create a new unit called Oath, indicating its desire to be seen as a … Continue reading

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Tech Stocks Show Modest Move to The Downside

On Wednesday, Technology, which is the biggest sector in S&P 500, had its worst day since June and went down by as much as 2.6%. Big name such as Facebook, Netflix, Apple and the hottest stock of the year Nvidia … Continue reading

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The pharmacy giant CVS Health to buy Aetna

Drugstore giant CVS Health agreed to buy Aetna for $69 billion. The rationale behind the merger is to bring pharmacy benefit management or PBM and insurance under the same roof. The strategy of combining those two together was proven to … Continue reading

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Bitcoin Breaks $10,000

Bitcoin has had a volatile few days, as the cryptocurrency broke $10,000 for the first time on Nov 29. After reaching its peak of $11,039, it fell sharply only to rebound again over the past few days. It jumped 8% … Continue reading

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Crude-Oil Prices Rise Again

Once again crude-oil prices are rising, but this time it’s due to OPEC’s new agreement with other big producers to limit their output of oil for another nine months. OPEC hopes that this extension to limit their output will continue … Continue reading

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Stock Indices Continue Breaking Record Highs

The three major stock indices, the Dow Jones Industrial Average, the Nasdaq Composite, and the S&P 500 all traded near or broke their record highs last week. The Dow Jones closed just under its all-time high of 23,617.80, while the … Continue reading

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