Month: May 2018
Samsung to cough up $539 million as patent battle ends in Apple’s favor
Ever wondered why some of Samsung’s high-end phones have features similar to those of iPhone? One of the biggest challenges…
This time, United Airlines sued for refusing to land for sick passenger
If there is a book on public relations disasters, United Airlines (UAL) will have a chapter of its own. In…
Foot Locker tops earnings estimates, shares soar
Foot Locker (FL) reported its earnings before the opening bell today. The company’s revenue grew 1% to $2.02 billion, while…
Kroger gobbles up Home Chef in second acquisition of the week
There is no denying that Kroger (KR), the grocery store chain, has suddenly emerged as a formidable player in the…
Gap slips on Q1 earnings miss
Clothing retailer Gap Inc. (GPS) posted better-than-expected top-line in the first quarter, while the bottom-line missed expectations. The stock dropped…
Autodesk shares plunge 5% on weak outlook
Autodesk (ADSK) reported its first-quarter results after the closing bell. The quarterly results topped analyst estimates both on revenue and…
Think before returning items to Amazon, you may avoid a lifetime ban
One of the proclaimed policies of Amazon (AMZN) is to “be patient” with customers. Now, shoppers who so far enjoyed…
Uber crash: NTSB confirms the victim was detected before the mishap
As per the preliminary report released by the National Transportation Safety Board (NTSB) on Thursday, the self-drive Uber car, which…