Business

Diddy declares interest in buying Carolina Panthers

He has also filed a federal lawsuit against the NFL claiming owners colluded to keep him out of the league. "Let's make it happen!" he tweeted . "We'll let it take its course, let it go through the process". In 1993, Richardson and a group of investors paid $206 million to create the franchise. "These have been some of the most hard days of my 19 years with the Panthers, but I am lifted up by the strong resolve and the commitment our employees have shown to this organization", Becker said ...

Business

Elon Musk Appears to Have Misfired Direct Message to Oculus CTO

That's what happened when Musk sent a message to John Carmack , chief technology officer of Oculus , the Facebook-owned company that makes virtual reality headsets and other VR equipment. Tesla and SpaceX didn't respond to requests for comment. That being the message isn't all that surprising given Musk has a healthy sense of humor, although a rendition of Call Me Maybe might have better option given the circumstance.

Business

ME home sales up 11.5% in November

Sales of existing single-family homes in ME are on pace to hit an all-time high in 2017, after rising at double digits in November. Existing-home sales, which are completed transactions that include single-family homes and condominiums, surged 5.6 percent to a seasonally adjusted annual rate of 5.81 million last month from 5.50 million in October, according to the National Association of Realtors .

Business

AT&T Announces Big Bonuses for Employees After GOP Tax Bill Passage

The two announcements gave at least some support to claims by Trump and fellow Republicans that their tax bill, which cuts the corporate tax rate to 21 percent from 35 percent, would lead to more investment by USA companies. "Results will speak for themselves, starting very soon", Trump tweeted on Wednesday. The $1.5 billion tax bill reduces the corporate tax rate from 35% to 21% and changes the way the USA government taxes companies that also operate internationally.

Business

Branson Appointment Was Apparently Key to Hyperloop One $50M Funding

Branson's company in September announced 10 finalist cities for its first installation, which it expects to build by 2021. Branson, founder of Virgin Group, replaced former chairman Shervin Pishevar, a co-founder who took a temporary leave and filed a defamation lawsuit this month in response to a barrage of media reports about alleged sexual-harassment allegations against him.

Business

Notable Mover: Rite Aid Corp (RAD)

It has outperformed by 171.12% the S&P500. Sure, the percentage is encouraging but more headwinds are coming as looking out over a next 5-year period, analysts expect the company to see its earnings go down by 0%, annually. Traditionally, and according to Wilder, RSI is considered overbought when above 70 and oversold when below 30. FISHER STEPHEN sold $2.61M worth of stock or 69,406 shares.


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