Company & Industry Overviews

Xerox CEO John Visentin has died at age 59. The cause of death is unknown, but he had apparently been ill for some time. Here's what we know so far.

Cruise stocks crashed on June 29 after Morgan Stanley issued a bearish report on Carnival. Should you buy the dip in cruise line stocks or wait?

California's Great America theme park will close in the next 6–11 years. Cedar Fair, its owner, is selling it to a real estate company, Prologis.

On June 27, HOOD stock soared on reports that crypto exchange FTX is buying the company. Is FTX buying Robinhood? So far, FTX has denied the reports.

Is retailer Sears still in business? The retailer faced a merger in 2005 and bankruptcy in 2018. Currently, Sears only has a few stores remaining.

Kimora Lee Simmons left Baby Phat in 2010 and repurchased it in 2019. Simmons relaunched a limited collection. Here's where the brand stands now.

A Tesla shareholder named Tesla's board and Elon Musk in a lawsuit for “ignoring” the “toxic work environment.” Get the details here.

An open letter drafted by SpaceX employees claims Elon Musk’s recent behavior is “distracting” and “embarrassing.” Some employees have reportedly been fired as a result.

Manufacturer Caterpillar's long relationship with Chicago is now coming to an end. Why's Caterpillar moving to Texas?

People familiar with Revlon's current financial situation are saying the cosmetic brand may be considering filing for Chapter 11 bankruptcy. Get the details here.

According to recent reports, Deloitte might split its audit and consulting services. Is Deloitte really splitting up? Here's what we know.

Tirzepatide has recently shown great potential in weight loss trials. Who makes tirzepatide?

Joe Biden is taking executive action to mobilize the solar industry, which has been paralyzed by retroactive tariffs and an import investigation.

Some see a conspiracy behind the shortage of DEF fluid in the U.S., and think Warren Buffett and BlackRock are behind it.

The U.S. filed a labor complaint in early May about Panasonic breaching union labor laws in Mexico. Now, Mexico has accepted America's probe request.

Amid the many shortages this year, lifeguards are hard to find. What's causing the lifeguard shortage in 2022?

Cargill, a leading global food supplier, prefers to remain a private company despite calls for it to go public.

Americans own far more guns than any other nation in the world, according to recent data. About 120 civilian guns per 100 people are estimated in the U.S.

Kanye West (Ye) reemerged on social media and shared his latest collaboration with McDonald's. Here's what he'll be doing for the fast-food giant.

Creamalicious is a Black-owned, female-owned ice cream company with flavors available at Walmart and other nationwide retailers. Who owns the brand?

Many companies observe Juneteenth through paid time off, but does Walmart give holiday pay for employees who want to observe the holiday?

In March, McDonald's decided to temporarily close its Russian restaurants, and it has been losing money since then. Now, the company announced plans to permanently exit Russia.

Although Elon Musk's deal has yet to close, Twitter is already making some heavy changes, including a hiring freeze.

The FDA shut down Abbott’s baby formula plant due to contamination concerns. As the baby formula shortage rages on, when will the plant reopen?

Is Sandals publicly traded? Learn more about the company as authorities investigate the mysterious deaths of three people at one Sandals resort.

Amazon’s new delivery program uses local stores to get packages to residents in rural areas. Here's how Amazon's delivery system works.

A new version of the USFL, not associated with the USFL of the 1980s, has relaunched. Now on heels of its comeback, players are seeking to unionize.

Investors are becoming more interested in mental health companies. Here are mental health stocks to consider for your portfolio as the segment materializes.

The cost of Kentucky Derby horses can be in high six figures, but if you win, the expense could be worth it — and not just for the race winnings.

The Walt Disney Company has grown over the years, but by how much? What is the company's net worth and how do it subsidiaries play a role?

Wronged TurboTax customers across the U.S. may be eligible for a slice of the $141 million Intuit settlement. Intuit will contact eligible customers.

Whole Foods has been in the news for shutting down some of its stores. Is Whole Foods a publicly-traded company and does it have stock?

Apple is transitioning from having corporate employees working fully remotely to working in the office a few days out of the week–and they aren't happy about it.

In response to the Supreme Court's expected rollback of abortion rights, Amazon has announced an employee reimbursement policy on abortions.

Toms Shoes is credited with popularizing the one-for-one business model. What are some of the examples of one-for-one companies and is the model worth it?

What happened to Toms Shoes? The footwear company is still in business, but it has evolved past its one-to-one donation model. Read more.

James Dyson, founder of the famed first bagless vacuum cleaner company, has built a $22 billion net worth over his four decades in the business.

Elon Musk is readying to be the official Twitter Inc. owner. What’s that mean for Twitter board members?

While many companies make a lot of money through IPOs, being bought out to go private can be profitable as well. Which companies are going private?

Since the Fed has raised interest rates, the number of mortgage refinance applications has declined, which led a number of mortgage companies to cut employees.