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Germany transfers $31B of gold from New York and Paris to Frankfurt


In a 4-year operation, 743 tons of gold were moved from abroad to Germany. The German central bank explained that the transfer would build public​...

With new CEO, Ford expected to go all-in on electric cars


In 2015, Ford CEO Mark Field announced a multi-year $4.5B investment in ‘electrification’. At the time, Ford refused to detail what the money would​...

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Amazon completes Whole Foods acquisition. Prices to go down tomorrow, Amazon Prime integration coming soon


After receiving FTC approval, Amazon’s $13.7B acquisition will close tomorrow (Monday). In a press release, Amazon has outlined its immediate plans for the​...

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Google & Walmart team up to combat common rival - Amazon


Google is currently competing with Amazon on cloud services, home assistances and product search, while Walmart is attempting to challenge Amazon’s lead in online​...

House of Cards (Source: Screenshot/Netflix)

Disney to pull all content from Netflix, build competing streaming network


Last year Disney invested $1B in BAMTech, a streaming platform built by Major League Baseball. Now Disney is inserting another $1.75B in BAMTech for​...

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