X

Month: July 2018

Flipkart deal: Walmart to pay $2 billion as tax to Indian government

Walmart (WMT) – Flipkart deal was wrapped up recently at a valuation of $16 billion making it the biggest e-commerce…

US hiring jumps in June; higher labor force participation lifts jobless rate

In a sign that headwinds from the tariff battle are eclipsed by the strong economy, corporate hiring gathered momentum in…

Comcast could again make a move for Fox, but will Disney let go?

Wall Street has a feeling that Comcast (CMCSA) is not done with 21st Century Fox (FOX). Analysts believe there is…

After defying tariffs, Harley-Davidson kicks off birthday bash in Europe

At a time when the tariff battle is sending jitters across the corporate world, one company is in celebration mode…

Earnings preview: PepsiCo needs to seal the leak in beverage segment

Ushering another earnings season, PepsiCo (PEP) is reporting its quarterly results on Tuesday before the opening bell. As compressed margins…

Biogen shares rally on success of experimental Alzheimer’s drug

Shares of biotech company Biogen (BIIB) rallied on Thursday during the after-hours trading after the company said it achieved positive…

Amazon looks to ‘cash in’ on Toy R Us demise during holiday season

When Toys R Us was on the verge of bankruptcy a few months ago, the iconic toy seller had blamed…

Apple snubs Intel as supplier of 5G modems for 2020 iPhones

It appears that Apple’s (AAPL) decade-long partnership with Intel (INTC) is on the verge of collapse. The iPhone maker is…

ACSI survey reveals customers’ favorite restaurants

Chick-fil-A has earned first place on the list of fast food restaurants ranked in terms of customer satisfaction. The American…

Dark mode is coming to Outlook.com

Microsoft (MSFT) is planning to launch a dark-themed UI for Outlook.com in the coming months, closely following the heels of…