Bill Poulos
Bezos Warns Investors: Amazon to Suffer “Multi-Billion-Dollar” Losses
On Thursday morning, Amazon CEO Jeff Bezos warned investors that the company will likely endure massive, costly failures in the pursuit of penetrating new...
Should We Be Afraid of a $20 Minimum Wage?
In the wake of some heavy capitalism bashing by a few outspoken billionaires, Bank of America is raising its minimum wage for low-level employees....
Nike Fumbles Bribery Scandal
On Saturday, just weeks after being arrested for attempted extortion, “creepy porn lawyer” Michael Avenatti released a 41-page document detailing Nike’s (NYSE: NKE) alleged...
Unemployment Drops to Historic Lows
Economic growth is slowing, right? We’re getting signals suggesting that it’s happening, at least, across nearly every industry. And a weak jobs report in...
Whole Foods Slashes Prices
According to a press release from Amazon, Whole Foods is set to slash prices on hundreds of items this Wednesday in hopes of attracting...
Lyft Shares Plummet Below IPO Price
After their hotly anticipated IPO, Lyft (NASDAQ: LYFT) shares finally hit the market on Friday, settling at a 9% gain by the end of...
Did the Market Already Hit Its “Top” for 2019?
The market might be up today, but that doesn’t change the fact that slowed economic growth and an inverted yield curve have plenty of...
New “Apple Card” Disappoints
Do modern corporations think it’s worth having a “finger in every pie” these days? Amazon certainly thinks so. So did Sears back in the...
Fast Food Giant Makes Blockbuster Deal
On Monday, McDonald’s (NYSE: MCD) announced plans to buy a tech firm in what’s shaping up to be the company’s largest deal in nearly...
Did Apple Just Have Another “iPhone Moment”?
Remember the iPhone? It’s still one of the world’s most popular cellular devices, but based on recent reports out of the smartphone market, you’d...