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Report shows wage growth not on par with job growth

The Organization for Economic Cooperation and Development (OECD) stated in its annual employment outlook that although there has been a…

ZTE on the fast track to patch up with Trump

Smartphone maker ZTE is fast emerging from the crisis that followed the crippling sanction slapped by the Trump administration for…

Chinese Court forbids Micron from selling its chips in China

Micron Technology (MU) announced that Fuzhou Intermediate People's Court in China has forbidden the company from selling its products in…

Xplore Technologies shares jump 44% on merger news, reports wider Q4 loss

Shares of Xplore Technologies (XPLR), maker of rugged tablets, surged 44.42% today during pre-market trading, after the company agreed to…

Netflix’s ‘Ultra’ plan will kill the cable

Netflix has now started testing its pricier 'Ultra' plan, with a possible $17-price tag. While it might raise many an…

International Speedway stock jumps 7% on Q2 earnings beat

International Speedway Corp. (ISCA), which owns and manages racing facilities, reported above-consensus earnings for the second quarter aided by higher…

Baidu brings China to the autonomous vehicles race

While all major automakers in the US have invested in autonomous vehicle technology, with Tesla (TSLA) and Waymo as frontrunners,…

Uber, Grab merger happened without anti-trust approval, faces penalty

Cab-hailing service Uber Technologies and its Singaporean counterpart Grab may face hefty fines or even a breakdown of their merger,…

Auto sector stays resilient in times of tariffs and oil spike

Last month’s positive sales data came as a relief to automakers in the US, amidst apprehensions that the latest import…

Spin-offs could be the key to a rebound for General Electric

Shares of General Electric (GE), which has been down over 50% since last year, rebounded slightly after the company announced…