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Business NewsDesk

Current Main Street Business News & Info

You are here: Home / Archives for business news

business news

Under Armour founder Kevin Plank responds to explosive WSJ report

November 15, 2019 by Incoming News Leave a Comment

In an email sent to employees on Friday and obtained by Business Insider, Under Armour founder and CEO Kevin Plank responded to an explosive report from The Wall Street Journal alleging that the athletics giant had "pushed early shipments" and "dumped goods" … Read More … [Read more...] about Under Armour founder Kevin Plank responds to explosive WSJ report

RH Short Sellers Decimated as Warren Buffett Announces Stake in the Company

November 15, 2019 by Incoming News Leave a Comment

Warren Buffett buys a significant stake in furniture retailer RH.The stock is up big in after-hours trading and bulls are rejoicing.About 36% of RH shares are sold short and they are about to get toasted.RH (NYSE:RH), forme… Read More … [Read more...] about RH Short Sellers Decimated as Warren Buffett Announces Stake in the Company

French police ratchet up evidence search in Epstein probe

November 15, 2019 by Incoming News Leave a Comment

French police ratchet up evidence search in Epstein probeRead More … [Read more...] about French police ratchet up evidence search in Epstein probe

Inside GE before the downfall

November 15, 2019 by Incoming News Leave a Comment

"Everyone gamed the system and everyone gamed the system because the system was beginning to become a ridiculously self-perpetuating one," he says. "Like everything else in the world it was based on an originally good insight. Like it's really good to remove… Read More … [Read more...] about Inside GE before the downfall

Saudis Back Travis Kalanick’s New Startup

November 7, 2019 by Incoming News Leave a Comment

Saudi Arabias sovereign-wealth fund has pumped $400 million into Travis Kalanicks new company CloudKitchens, according to people familiar with the situation, in a deal that could value the operator of so-called ghost kitchens at about $5 billion and reunit… Read More … [Read more...] about Saudis Back Travis Kalanick’s New Startup

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