eBay has raised its second quarter (Q2) earnings outlook on better-than-expected results during the COVID-19 pandemic. The California-based eCommerce company said it expects Q2 revenues in a range of $2.75 billion to $2.8 billion and adjusted earnings per share of $1.02 to $1.06, compared to...
There is one certainty when it comes to investing: Wall Street hates uncertainty. You’ve seen that principle at work on days when markets plunged 10 percent. Among the key drivers of that plunge: uncertainty over COVID-19, the disease caused by the coronavirus; its spread and lethality;...
Gig economy companies Uber and Lyft just got support from the Labor Department, which ruled a company’s workers who clean homes don’t have to be treated as employees — which means it doesn’t have to pay the federal minimum wage, overtime or a portion of...
Seeking to inject more transparency into the Consumer Financial Protection Bureau (CFPB), Rep. Sean Duffy, R-Wis., has introduced legislation designed to do just that. American Banker reported that Duffy, along with co-sponsor Rep. Ed Perlmutter, D-Colo., introduced legislation that would require the CFPB director, currently Mick Mulvaney,...
March 27, 2020
There is one certainty when it comes to investing: Wall Street hates uncertainty. You’ve seen that principle at work on days when markets plunged 10 percent. Among the key drivers of that plunge: uncertainty over COVID-19, the disease caused by the coronavirus; its spread and lethality; and perhaps most of all, the economic impact. Wall Street […]
June 10, 2020
As a result of the COVID-19 health crisis, Starbucks anticipates a loss of for its fiscal third quarter as it forecasts a loss in revenue of up to $3.2 billion, CNBC reported. The quick-service coffee chain is predicting 64 cents to 79 cents in net loss for each share, and 55 cents to 70 cents […]
June 04, 2020
eBay has raised its second quarter (Q2) earnings outlook on better-than-expected results during the COVID-19 pandemic. The California-based eCommerce company said it expects Q2 revenues in a range of $2.75...
April 30, 2019
Gig economy companies Uber and Lyft just got support from the Labor Department, which ruled a company’s workers who clean homes don’t have to be treated as employees — which...
April 24, 2018
Seeking to inject more transparency into the Consumer Financial Protection Bureau (CFPB), Rep. Sean Duffy, R-Wis., has introduced legislation designed to do just that. American Banker reported that Duffy, along with co-sponsor...
