brandon's bizz

The Hudson’s Bay Company has recently agreed to sell the 6th and 7th floors of the Lord and Taylor store located in downtown Manhattan. The long time HBC building was sold to WeWork in a deal that was reportedly worth $1.6 billion. These floors will be converted into a WeWork office space. Related to this transaction was Rhone Capital, a private equity firm, investing $632 million after Hudson’s Bay agreement.   image taken from Canadian Business One of the reasons Hudson’s Bay agreed to sell was the opportunity to establish…read more

Netflix, one of America’s biggest entertainment companies, continues to expand and progress. On Tuesday, October 10 2017, Netflix received a formal approval to begin expansion of their 500 million investment into Canadian production units. This amount is supposed to last over the next  five years. In addition to this, Netflix has also stated they will spend an additional 25 million over the next five years for “market development”. Essentially this means they will be attempting to host “recruitment drives and cultural events to boost the local production community” (Nivedita Bhattacharjee…read more

Saudi Arabia has been long known as wealthy country for the natural resource it has produced. Last year alone, they exported over 7.4 billion barrels of crude oil a day. Impressive numbers like these are reasons why the country has so much wealth. Unfortunately though, crude oil barrels have dropped significantly in value. In fact, CNBC stated “Brent crude fetched $114 but today, a barrel is trading at $48.87” (Ellyat 2015). Image taken from oilprice.com (http://oilprice.com/Energy/Energy-General/Does-The-US-Really-Have-More-Oil-Reserves-Than-Saudi-Arabia.html) Due to many reasons such as the depleting prices in oil, the finite sum…read more

Over the past few years, cryptocurrencies have grown rapidly in popularity, and value. In March 2017, it finally made a breakthrough, climaxing at a whopping 25 billion dollars worth— 3x the amount it was in 2016. The cutting edge technology of blockchain enables users to exchange digital asset funds amongst one another, without involving any banks or form of physical currencies. This new trend has already caught the attention of various governments and companies globally. Furthermore, with all this excitement, there have also been key issues that have arisen. Image…read more

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