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Fastenal reports double digit sales and profit increase for 1Q

Wholesale distributor of industrial and construction supplies Fastenal Company (FAST) reported double digit growth in its top and bottom line…

Market: Stocks to open lower ahead of Fed minutes, CPI data

US futures are pointing to a lower open today after ending higher on Tuesday, ahead of Fed meeting minutes and…

Survival instinct brings Sprint and T-Mobile back to the merger table

The Sprint (S)- T-Mobile (TMUS) saga is back once again. The wireless carrier rivals have apparently reignited merger talks that were…

Apple to pay $502.6 million for patent infringement

Apple Inc (AAPL) was ordered to pay $502.6 million to VirnetX Holding Corp for infringement of secure communications patents. The…

Fast Food in 2018: menu tweaks and daring new dishes

The rule for dining out is simple — good food but inexpensive. More people opt for dining out only when…

Uber accelerates its ride-hailing services with the buyout of e-bike startup JUMP

Users of Uber can now reserve a bike for themselves as the company acquired a bike-sharing startup company JUMP for…

United States Steel: stealing a way forward

United States Steel Corp. (X) stock has been on the upward swing right from August 2017 and the shares have…

Expect stellar earnings from banks in Q1; Capital return could be disappointing

The earnings season is around the corner, and everything seems to be going well for the banking sector. Tepid volatility…

Merck sets the bar high for rivals with positive Keytruda trial results

Merck (MRK) shares rose as much as 7% after the company stated that one of its key drugs successfully met…

Bayer-Monsanto deal receives U.S. Justice Dept. approval

The most disputed deal between the Germany-based chemical giant Bayer and the U.S.-based Monsanto received a nod from the U.S.…