Shareholders Sue Adidas Over Kanye West’s Behavior
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Shareholders Sue Adidas Over Kanye West’s Behavior

A class action lawsuit has been filed against Adidas by its shareholders, citing that the sportswear company had prior knowledge of Kanye West’s controversial statements and behavior long before it terminated its association with him for his antisemitic remarks. According to The Guardian, Adidas failed to take adequate measures to mitigate the losses suffered by its…

Corporate Bond 101

Corporate Bond 101

Corporate bonds are debt obligations that an investor purchases in order to lend money to a company. It is typically considered a safer investment than stocks. Companies issue corporate bonds to raise capital, which they use to reinvest in operations, acquire other businesses, or even repay previous, costlier loans. Main Points 1. Corporate bonds are…

Subway Sales Boosted To 12.1% In First Quarter; Sandwich Chain Seeks Buyer
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Subway Sales Boosted To 12.1% In First Quarter; Sandwich Chain Seeks Buyer

Sandwich brand Subway reported double-digit growth in same-store sales in the first quarter, demonstrating that its recovery is taking effect as the firm looks to sell itself. Subway Sales Post Double-Digit Quarterly Growth In a CNBC report, Subway confirmed in February that JPMorgan was hired just to advise about any potential Subway sales. The Wall Street Journal, reported…

Rupert Murdoch’s Net Worth Now Roughly At $9 Million – Reports
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Rupert Murdoch’s Net Worth Now Roughly At $9 Million – Reports

After a documentary series on the media mogul’s impact ran on the CNN+ streaming service in the spring of 2022, a lot of individuals were curious about how much Rupert Murdoch’s net worth. Market Realist  said that the six-part documentary series The Murdochs: Empire of Impact looked at how Murdoch became a media mogul, how his…

How to Buy Shares of SpaceX in 2023: What You Need to Know.

How to Buy Shares of SpaceX in 2023: What You Need to Know.

SpaceX is a company that makes spacecraft and also provides services for getting people and things into space. Elon Musk started the company in 2002. Over the past 20 years, SpaceX has gotten a lot of attention because of its founder’s big goals and always-trending Tweets. Some experts and analysts think that it is worth…