Middle East budget carrier flyadeal to switch to Boeing 737 MAX jets
Aircraft maker Boeing (BA) announced that Middle East carrier flyadeal looks to order 50 aircraft. According to a statement, the airline…
Tencent and Netease pops up as China reinstates gaming approvals
Tencent Holdings, the Chinese Internet and gaming conglomerate, and its peer NetEase (Nasdaq: NTES) jumped on Friday following Chinese government’s…
Facebook stock falls on cryptocurrency plans, rating downgrade
Coinciding with the reports that Facebook (FB) is developing a cryptocurrency, brokerages on Friday downgraded the social media giant, sending…
Ford is recalling over 870,000 pickup trucks
Concerned over fire risks at its engine block heaters, Ford (F) on Friday recalled about 874,000 pickup trucks sold in…
CrowdStrike: The cybersecurity firm you need to watch out for next year
As cyber threats and security breaches increasingly become commonplace, it lays fertile grounds for innovative cybersecurity firms. BlackBerry’s (BB) recent…
PepsiCo North America chief to retire, Frito-Lay and Beverages get new chiefs
PepsiCo, Inc. (PEP) announced today that its North America CEO Albert P. Carey will retire at the end of March…
Market: US futures point to lower open on shutdown concerns
US futures are pointing to a lower open in the stock market today after ending on a negative note on…
CarMax Q3 revenue misses estimates as comparable used car sales slip
Used-car retailer CarMax (KMX) posted its third-quarter earnings on Friday, Dec. 21 before the opening bell. Top-line fell short of…
Apple rout deepens after Qualcomm wins partial ban on iPhone sales in Germany
The ongoing patent infringement litigation between Apple (AAPL) and Qualcomm (QCOM) took a new turn this week after the latter…
Disappointing run forces Zynga to make its biggest purchase yet, shares pop
The creator of Farmville and Words With Friends, Zynga Inc (ZNGA), has had a tough run in the stock market…