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United Airlines Q2 results top estimates amidst rising fuel costs

United Airlines parent United Continental Holdings (UAL) reported its quarterly results after the closing bell. Thanks to strong travel demand,…

CSX Corp posts upbeat Q2 2018 results

CSX Corp (CSX) on Tuesday posted earnings of $1.01 per share on revenue of $3.10 billion, beating estimates. 25 analysts…

Meet the new Goldman Sachs chief: DJ D-Sol

Along with its quarterly earnings report, banking giant Goldman Sachs (GS) today announced the appointment of its new CEO David…

Booking Holdings invests $500 million in Didi Chuxing

Didi Chuxing has quite a few plans going on. The Chinese ride-hailing firm secured an investment of $500 million from…

IBM seeks $167 million in settlement from Groupon

IT giant IBM (IBM) and coupon site Groupon (GRPN) have been at war over patents since 2016. IBM had accused…

Microsoft earnings preview: Expect thunderstorms out of the cloud

Microsoft (MSFT) is set to report its fourth quarter and full-year 2018 results on Thursday after the closing bell. The…

United Parcel Service starts testing smart lock technology

United Parcel Service (UPS) has reportedly started testing smart lock technology in New York City’s apartment buildings that let multiple…

Motorola bags 5-year US Army contract capped at $495 million

The US Army awarded Motorola Solutions (MSI) a five-year IDIQ contract capped at $495 million to upgrade its global mission-critical…

Deal Alert: Walmart, Microsoft find a common enemy in Amazon

Less than a week after striking a crucial deal with data-warehousing start-up Snowflake Computing to offer the latter’s service on…

Farnborough 2018: Boeing and Airbus land orders worth billions

The 2018 Farnborough Airshow, a biennial aviation display underway outside of London, has seen top airplane-makers Airbus and The Boeing…