Text size Justin Sullivan / Getty Images Shares of Dell Technologies soared in recent operations after The Wall Street Journal reported that the company hired advisers to consider options for the company’s 81% stake in business software company VMware.. A transaction would be intended to address the valuation disparity between …
Read More »The shift to savings: COVID-19 drives a growing second-hand clothing market
Younger sustainability-minded shoppers and bargain-hunting consumers of all ages who feel the economic pinch of the COVID-19 pandemic are increasingly giving up new clothing for resale items that sometimes still have their labels . In fact, according to thredUP, a leading online second-hand shopping site, an increase in resale demand, …
Read More »Coronavirus Hearing: Airlines must take extreme precautions to keep passengers safe
You may need to show up four hours before your next flight. During a hearing Tuesday before the House and Representatives Subcommittee on Space and Aeronautics, the experts outlined the challenges airlines will face in keeping their passengers and crew healthy, as they continue to fly amid the coronavirus pandemic. …
Read More »For the first time, most shareholders push oil giant Chevron to align with the Paris climate pact
Proposals by Climate Action 100+ investor signatories calling on major oil and power companies to disclose lobbying and improve governance on climate change garnered record support during the last season of shareholder representation. In particular, a majority of 53% of the shareholders of Chevron Corp. CVX, -0.16% voted in favor …
Read More »Mastercard collects the open banking company Finicity amid a great digital boost
Mastercard Inc. is making a bigger bet on open banking as consumers seek to use their banking and financial credentials with more online services. The company announced Tuesday that it plans to acquire Finicity, an open banking company, for $ 825 million, with an additional profit of $ 160 million …
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