Four Key Takeaways From the RIAA's 2019 Year-End Report

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Four Key Takeaways From the RIAA's 2019 Year-End Report

The RIAA released its 2019 year-end revenue numbers for the U.S. recorded-music business Tuesday (Feb. 25) and for the fourth straight year it was full of great news in the form of double-digit percent increases and a wealth of money coming in from paid …
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Why Tupperware Just Lost Half Of Its Value

The woes of Tupperware Brands show no sign of easing: its shares lost nearly half of their value on Tuesday after the direct seller of plastic food-storage containers said it will delay filing its annual report due to an accounting probe. It also warned of continued …
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Bob Iger steps down as Disney CEO, replaced by Bob Chapek

Disney CEO Bob Iger will be replaced by Disney Parks, Experiences and Products chairman Bob Chapek as CEO effective immediately. Iger will stay on as executive chairman through the end of 2021. Chapek’s current role is described by the company as …
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Nvidia Downgraded Amid Coronavirus Scare; Apple, Jabil Also Impacted

Tech hardware firms with exposure to China’s manufacturing base are feeling the impact of factory closures and slower-than-expected resumption of production following the Covid-19 coronavirus outbreak. A Wall Street analyst on Tuesday downgraded …
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'Curry House Massacre': Beloved Japanese American chain abruptly shuts down all its restaurants

Curry House, the popular Japanese American chain, abruptly shut all of its restaurants on Monday, including nine locations in Southern California. The closures came as a shock to employees and managers, many of whom said they were given no advance …
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