Month: April 2018
Job growth eases to 6-month low after blockbuster February
On a day that witnessed tariff tensions re-emerging after the Trump Administration warned of imposing tariffs on more Chinese products,…
No end in sight for Johnson & Johnson’s asbestos woes
There is more trouble for Johnson & Johnson, the embattled baby care products maker facing multiple litigations over sale of…
Will Tesla file for bankruptcy?
Tesla (TSLA) is facing tough times ahead as the automaker’s aggressive Model 3 production strategy in meeting deadlines failed as…
AT&T’s subsidiary Vrio files for IPO
Vrio Corp, the DirectTV business of AT&T (T) based in Latin America, which confidentially filed for an IPO early this…
WD-40 posts record earnings and sales; shares fall on lower-than-expected sales
WD-40 Company (WDFC), the manufacturer of the iconic rust-remover sprays, posted its highest ever quarterly earnings in the second quarter as…
Target to pay $3.74 million as settlement for discrimination
Target Corporation (TGT) will have to pay $3.74 million to come out of the dispute which charged that the company…
Broadcom finally re-domesticates to the U.S. from Singapore
When President Trump killed semiconductor maker Broadcom’s (AVGO) ambition to take over rival Qualcomm (QCOM) due to security worries, it…
Cyber-attacks on Delta and Sears raise more questions about data security
In yet another case of online data theft, aviation firm Delta Air Lines (DAL) and store operator Sears Holding (SHLD)…