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Walmart Stores Inc. Q4 2018 earnings snapshot

Retail giant Walmart, which is planning to invest in Flipkart, an India-based e-commerce company, reported its fourth quarter 2018 results…

Albertsons to merge with Rite Aid

Privately-held Albertsons Companies is planning to buy the portion of Rite Aid that is not being sold to Walgreens Boots…

This billionaire has lost faith in the Silicon Valley

Billionaire Peter Andreas Thiel feels it’s finally time to sign off from what had been his home and heart for…

The Home Depot: 4Q 2017 earnings snapshot

Home improvement chain Home Depot reported its fourth-quarter results Tuesday and the company saw a sales jump of 7.5% year-over-year…

Facebook faces $312,000-a-day fine in Belgium till it plugs privacy breach

The hallmarks of top tech companies have long been Innovation and market expansion, ever since the internet boom changed the…

Russian metal giant Rusal to get new CEO

World's second largest aluminum company (by primary production output), United Co. Rusal is on its way to name as its…

Walmart is pretty serious about virtual reality

The energy and zeal Walmart has displayed in competing with rival Amazon over the past few years has been nothing…

Netflix is amassing creative talent; gets ace producer Ryan Murphy to enliven prime time

There is hardly any business entity whose mass appeal can be matched with that of Netflix. In recent times, the…

Will the soda market ever recover from the drain?

Soft drink giant Coca-Cola reported a 20% fall in revenues in the most recent quarter, hurt by continued weakness in…

The mad rush of millennials to cryptos: Should you join the bandwagon?

According to a recent survey, a third of the country’s novice millennial investors prefer to spend their money in cryptocurrencies,…