Business

Current administration poses risk to marijuana investment
Business

Current administration poses risk to marijuana investment

With the legalization of recreational marijuana use in eight states, potential investments within this new industry are on the rise. Cannabis businesses are expanding and going public, showing themselves to be good potential investments. However, there are concerns over investing into these types of business because of the classification of marijuana under the current administration….

Trade war looms as US institutes new tariffs on Chinese goods
Business

Trade war looms as US institutes new tariffs on Chinese goods

Recent rhetoric from President Donald Trump over tariffs and a possible trade war with China has the market worried. This is not the first time tariffs have been used in trade wars. The Tariff Act of 1789 was the second piece of legislation crafted by the founding fathers. Tariffs were the United States’ greatest source…

Facebook faces federal scrutiny over Cambridge Analytica scandal
Business

Facebook faces federal scrutiny over Cambridge Analytica scandal

British news platform Channel 4 broke a story about the way Cambridge Analytica used data analysis to advertise to targeted groups of people to gain electoral success in political elections all around the world. Shortly after the investigation broke on Channel 4, an ex-employee of Cambridge Analytica, Christopher Wylie, revealed to The New York Times…

SEC charges Theranos CEO Holmes with ‘years long fraud’
Business

SEC charges Theranos CEO Holmes with ‘years long fraud’

 The U.S. Securities and Exchange Commission recently charged Theranos CEO Elizabeth Holmes and the company’s former President Ramesh Balwani with an “elaborate, years-long fraud in which they exaggerated or made false statements about the company’s technology, business, and financial performance,” according to Wired. To resolve the claims against her, Holmes has agreed to give up…

Video game industry continues to grow as it attracts new investors
Business

Video game industry continues to grow as it attracts new investors

 Millennials are contributing to the expanding trend of online gaming and streaming. Consequently, corporations are trying to use this trend as a method to make a profit.  An article written by Kimberly Chin and published by Markets Insider stated that esports, multiplayer video games played competitively by professional gamers for spectators, are growing in popularity…

Dropbox files for $500 million IPO in greatly anticipated offering
Business

Dropbox files for $500 million IPO in greatly anticipated offering

The file-sharing and storage company Dropbox recently filed for an initial public offering with the Securities and Exchange Commission, marking the approach of one of the most anticipated IPOs in the technology industry. It is seeking to raise $500 million from its IPO, intending to use the money for a variety of purposes, including potential…

Critics argue that technology companies should be broken up
Business

Critics argue that technology companies should be broken up

As technology becomes a more ubiquitous presence in our lives, and technology companies grow to enormous sizes, some have asked whether these giants of industry should be broken up. According to The Wall Street Journal in particular, Apple, Facebook, Inc., Alphabet Inc. and Amazon.com have become dominant in their respective areas, creating virtual monopolies and…

Business

Proposed US metal tariffs may lead to international trade war

President Donald Trump recently called for tariffs of 25 percent and 10 percent on imports of steel and aluminum, respectively. The announcement, which was made on Thursday, March 1, has been met with controversy, as investors fear the potential of a trade war. Canada, China and the EU are already reacting by threatening tariffs of…

1 2 3 4 21