Month: June 2018
Auto sector is gearing up to cruise through multiple roadblocks
When President Trump delivered on one of his key pre-poll promises by slapping tariffs on steel and aluminum imports a…
Five Below stock jumps on upbeat results and rosy outlook
Five Below (FIVE) reported a 160% jump in earnings for the first quarter helped by new stores performance, healthy comparable…
Uber to expand electric-bike sharing service to Europe
In an effort to protect the environment, ride-sharing company Uber is expanding its electric-bike sharing service to Europe. Giving a…
Facebook to broadcast original news shows to tackle fake news crisis
For a long time, Facebookâs (FB) credibility has been marred by allegations that it has become a spawning ground for…
ConocoPhillips in talks to sell stake in Cenovus Energy
US oil producer ConocoPhillips (COP) is working towards dumping the stake it acquired last year in Calgary-based oil company Cenovus…
Athenahealth CEO leaves; company ponders sale
Jonathan Bush, the chief of Athenahealth (ATHN), has stepped down from his role with immediate effect. The company has begun…
Medicare and Social Security funds are on the verge of drying up!!
The funds for Medicare and Social Security are running out and fast. Medicare funds are expected to dry out by…
Watch out Amgen! Mylan wins FDA approval for biosimilar of Neulasta
Mylan (MYL) celebrates the Food and Drug Administration’s go-ahead signal for its first biosimilar infection-fighting treatment Neulasta manufactured by Amgen…
Apple could pit traditional toymakers against Activision and Electronic Arts
The gaming industry has never enjoyed a better a time, thanks to an impressive line up from companies including Activision…