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Month: April 2018

Google is coming for Nokia’s in-flight broadband business

In-flight connectivity is booming in business, and now Alphabet Inc’s (GOOGL) Google is all set to join the race by…

Delta Air Lines posts flat EPS in Q1

Amidst concerns over rising oil prices and overcapacity, Delta Air Lines (DAL), the biggest US carrier by market value, reported…

Idaho resident sues JPMorgan for charging extra on crypto purchases

JPMorgan Chase (JPM) is being sued by one of its credit cardholders, Brady Tucker from Idaho, who claims the bank…

Bed Bath & Beyond tanks on disappointing outlook

Domestic merchandise retail store chain Bed Bath & Beyond (BBBY) reported higher top line results for fourth quarter of 2017,…

Bank of America will no longer lend to military-style gun manufacturers

Bank of America (BAC) said it will stop loaning to gun companies that produce military-style firearms for citizens. After Citigroup…

Kroger on hiring spree with 11,000 new jobs

In the recent times, some of the most prominent retailers have been shuttering stores. While the entire sector is struggling…

EU regulators raid Fox Networks offices

In the latest of its conflicts with the European Union, Fox Networks, the TV, and cable unit of the 21st…

Carl Icahn to sell Federal-Mogul to Tenneco for $5.4 billion

Almost after a decade after acquiring a major stake in auto-parts maker Federal-Mogul, billionaire activist Carl Icahn has decided to…

Even Zuckerberg is unsure if Facebook is a monopoly

Numerous questions were fired from all directions at Facebook (FB) CEO Mark Zuckerberg as he attended a hearing in front…

Fastenal reports double digit sales and profit increase for 1Q

Wholesale distributor of industrial and construction supplies Fastenal Company (FAST) reported double digit growth in its top and bottom line…