YouTube Launching Online Gamers Site and App

YouTube Launching Online Gamers Site and App

YouTube Gaming is to be a destination to find gaming videos, Internet personalities and live streams. YouTube wants to win over gamers. The video giant online announced its plans before the Electronic Entertainment Expo next week to launch a separate site and app specifically for video games fans. Alan Joyce […]

Trump Administration Rolls Back Federal Protections for Those with Student Loans in Default

Trump Administration Rolls Back Federal Protections for Those with Student Loans in Default

It has only been a few days since a report was released to show that federal student loans have seen a double-digit increase in defaults, but President Donald Trump’s administration has already revoked federal guidance which had earlier barred student debt collectors from charging high fees on those loans which […]

Profit at General Mills Cut in Half by Impairment Charge

Profit at General Mills Cut in Half by Impairment Charge

General Mills Inc, which makes Betty Crocker brownie and cake mixes and Cheerios cereal, said profit for the fourth quarter halved due to recording a charge of $260 million to write down its value of one of its canned and frozen vegetable businesses. An assessment of its brand Green Giant, […]

Alibaba Acquires Youku for $4.8 Billion

Alibaba Acquires Youku for $4.8 Billion

Alibaba Group Holding agreed to acquire Youku Tudou the video service in a deal that is said to be $4.8 billion, as Jack Ma the billionaire is seeking to stream additional content to Internet users in China through control of the site that is compared to YouTube. Net of the […]

American Eagle Sees Growth in Comparable Store Sales

American Eagle Sees Growth in Comparable Store Sales

American Eagle Outfitters the retailer for teen apparel reported its best growth in comparable sales in the past 13 quarters helped by a broader range of merchandise and less discounts. American Eagle, unlike its rivals Abercrombie & Fitch and Aeropostale has managed to win shoppers back by improving merchandise to […]