Baidu forecasts weak revenue amid coronavirus uncertainty

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Baidu forecasts weak revenue amid coronavirus uncertainty

Baidu, China’s dominant search engine, tripled its profit in the fourth quarter but forecast weaker revenues for the first three months of this year, as analysts look ahead to the potential damage to its business from the coronavirus …
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DocuSign Acquires Seal Software in $188 Million Deal

E-signature company DocuSign announced Thursday afternoon that it had reached an agreement to acquire the AI-based contract analytics provider Seal Software for $188 million in cash. The deal has been approved by both DocuSign and Seal’s board of …
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Wells Fargo fined $35 million in SEC settlement over investment advice

Wells Fargo will pay a $35 million fine to settle accusations that it improperly recommended risky investments to some of its clients, including senior citizens and retirees, the Securities and Exchange Commission said Thursday. These clients were encouraged …
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Tellurian Stock Crashes 16% as Big Investor Backtracks

The LNG export startup will need billions of dollars to fund its export facility. A major prospective partner that was expected to provide a lot of capital now appears to be on the fence. Jason Hall. (TMFVelvetHammer). Feb 27, 2020 at 5:25PM. Author Bio.
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Bed Bath & Beyond Announces Major Restructuring, Eliminating Up To 500 Positions

In a continuation of the rapid-fire and dramatic changes being made by new CEO Mark Tritton, Bed Bath & Beyond this afternoon announced a major restructuring of its corporate office staff that includes the elimination of approximately 500 positions.
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