Activist tries to shore up support for CEO attempting to turn around troubled coal company

Monty Rakusen | Cultura | Getty Images

Company: Contura Energy, Inc. (CTRA)

Business: Contura is large scale provider of metallurgical (“met”) and thermal coal. The company has mining operations across coal basins in Pennsylvania, Virginia and West Virginia. It supplies both metallurgical coal to produce steel and thermal coal to generate power. The met coal business is the largest producer of coking products, which are critical components of steel production. The met coal business makes up more than 75% of the company’s total revenue. The thermal coal is primarily sold to the domestic power generation industry.

Stock Market Value:

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Adam Neumann’s Old Company WeWork Still Looking To Go Public

Adam Neumann’s Old Company WeWork Still Looking To Go Public

WeWork is also suing people over back rent.

WeWork, founded by Adam Neumann, is trying once again to hold an initial public offering.

The company’s first aspiration for a multibillion IPO fell apart when Adam Neumann was forced out of WeWork, the company which he founded in 2010. After a meteoric rise the entrepreneur was brought down after allegations of serious drug use and sexual improprieties were made.
And Neumann reportedly walked away with a $1.7 billion deal. So he has plenty of money to pursue other ventures.

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Meet The Black Men And Women Running For the U.S. Senate

Many Americans believe the 2020 election is the most important of their lifetimes, including the many Black men and women who are running for a U.S. Senate seat.

More Black Americans are running in this election than ever before, due to the injustices Black Americans faced every day over the last four years. Now, Black Americans are trying to change the system from the inside.

Here are a few of the five Black men and 13 Black women running for a U.S. Senate seat.

Jaime Harrison (D-S.C.)

If you don’t know the man who has his opponent Lindsey Graham literally

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Thumbtack and Neighborly Partner to Help Local Small Businesses

Thumbtack market place has joined forces with Neighborly, a franchisor of home service brands to connect customers to more than 3,700 franchises in the US. The partnership is expected to help grow the vital home service businesses across the country.

Through the partnership, Neighborly’s community of home service professionals will combine with Thumbtack’s digital-native customer base. This will help bring more business to local communities thus boosting local economies. As a result, business opportunities will open up to small business owners within Neighborly. Everything from plumbing to heating, ventilation, and air conditioning (HVAC), to painting and home

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NASA releases a shocking image of what a volcanic eruption would look like on Venus

Image from Pixabay

The US space agency NASA released an impressive image showing what a volcanic eruption would look like on the planet Venus.

Earlier this year, evidence on the existence of active volcanoes on Venus was reported, in particular an inexplicable heat in regions believed to contain only ancient volcanoes, the agency notes in a description of the artistic illustration published on October 27.

The image reconstructs an erupting Venusian volcano. Although photos of Venus have been taken, thick clouds of sulfuric acid prevent optical views of light.

Volcanoes could play an important role in

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Under Armour (UAA) reports Q3 2020 earnings beat

Products are displayed in an Under Armour store in New York City, November 4, 2019.

Brendan McDermid | Reuters

Under Armour on Friday reported revenue about flat with a year earlier, with earnings topping estimates, as consumers stocked up on the brand’s sneakers and workout gear.

Chief Executive Patrik Frisk cited higher demand for the athletic apparel maker’s products during the coronavirus pandemic, especially in North America, for the better-than-expected performance.

The company said it expects full-year revenue to be down by a high-teen percentage rate, as it sells fewer products through department stores and off-price retailers. Previously, it

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Halfway through earnings season, the coronavirus resurgence is overshadowing great results

People walk by the New York Stock Exchange (NYSE) in lower Manhattan on October 02, 2020 in New York City.

Spencer Platt | Getty Images

Earnings hopes wilt as fresh Covid outbreak throws 2021 reopening in doubt. That’s the story of earnings season so far. 

It’s the one word investors didn’t want to hear: lockdown. Never mind it’s mostly in Europe, and only partial. “Lockdown light” still has a bad ring to it. 

We are now halfway through a spectacular third quarter earnings season. So far, 85% of companies have beat expectations by an astounding 19% on average, well above

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