by Troy Segal at investopedia.com Before its demise, Enron was a large energy, commodities, and services company based in Houston, Texas. Its collapse affected over 20,000 employees and shook Wall Street. At Enron’s peak, its shares were worth $90.75. When it declared bankruptcy on Dec. 2, 2001, shares traded at $0.26. Key Takeaways Enron’s accounting […]
by John Oyewale at dailycaller.com The world’s largest mountain resort operator announced Thursday it would eliminate certain positions to save costs even as ski season approaches. Vail Resorts plans to lay off under two percent of the company’s entire workforce as part of a two-year plan, according to a company news release. The anticipated layoffs would […]
via nbcnews.com SEATTLE — Jeff Bezos filed a statement with federal regulators indicating his sale of nearly 12 million shares of Amazon stock worth more than $2 billion. The Amazon executive chairman notified the U.S. Securities and Exchange Commission of the sale of 11,997,698 shares of common stock on Feb. 7 and Feb. 8. The collective value […]