Alibaba deepens digital footprint in Russia with local tie-ups
At a time when the online marketplace is nearing saturation in terms of innovation, Alibaba (BABA) is taking things to…
Renesas set to acquire chipmaker IDT for $6.7 billion
Japanese firm Renesas Electronics announced its plans to buy US chipmaker Integrated Device Technology (IDTI) for $6.7 billion. The $49…
Sonos stock falls on weak Q3 results
Sonos Inc. (SONO) stock plunged more than 16% in the premarket session after the wider-than-expected third-quarter loss. Investors had widely…
Tesla Model S engulfed in fire in Poland
The Volunteer Fire Brigade of Wałbrzych, Poland, posted an image on Monday of four firefighters trying to extinguish a blaze…
Tesla looks to tackle production woes with lesser paint options
Tesla (TSLA) regained some lost ground this week, ending yet another phase of value erosion, after investors responded positively to…
Volkswagen faces $10.6 billion lawsuit from investors
German auto major Volkswagen’s (VOW) is yet again in the news due to the dieselgate scandal. The company is facing…
Uber names Rebecca Messina as its first CMO
Uber, which appointed Nelson Chai as its CFO last month, added one more top executive to its management team. The…
Earnings preview: Investors cautious ahead of Kroger Q2 results
The Kroger Co. (KR) is scheduled to report second-quarter results before the opening bell on Thursday. The company will be…
Walgreens acquires pharmacy files from Fred’s for $165 million
Walgreens, a unit of Walgreens Boots Alliance (WBA) and Fred’s Inc. (FRED) entered into an agreement under which the former…
Top 11 Tesla Model 3 contenders
After recovering from the production delays, Tesla's (TSLA) Model 3 has once again reverted to delivery setbacks and customer service…