Existing home sales drop unexpectedly in May hurt by price rise
Reflecting the continuing short supply in the US housing market and the resultant price rise, existing home sales dropped for…
Back-to-back thefts show digital currency is no longer safe
In the second cryptocurrency theft of the month, Seoul-based exchange Bithumb on Wednesday said about $30 million worth of digital…
Will Apple and Google top Disney’s $71-billion bid for FOX?
While Comcast looked like it was about to spoil the dream of every Marvel fan to see the Avengers teaming…
Ford mulling a partnership with Volkswagen for vehicle development
Auto majors Ford (F) and Volkswagen are exploring ways to work together, which would help both the firms to help…
FedEx shrugs off trade concerns, places $6.6-billion order for Boeing freighters
Despite being highly vulnerable to geopolitical uncertainties, the global air cargo business seems to be unperturbed by the growing trade…
Facilities giant CBRE expands Israel operations amidst West-Bank concerns
The world’s largest commercial real estate services and investment firm (based on 2017 revenue), CBRE Group Inc (CBRE), has agreed…
Starbucks shares plunge on weak sales outlook and store closure
Late on Tuesday, Starbucks rolled out some long-term strategic initiatives to regain momentum on both the top and bottom line.…
PayPal to acquire Hyperwallet
PayPal Holdings Inc. (PYPL) has agreed to acquire Hyperwallet, a firm that specializes in payouts to sellers, for $400 million.…