Toys ‘R’ Us closes remaining stores for good
After more than 70-years in business, the iconic toy retailer Toys ‘R’ Us will complete the closure of the remaining…
No antitrust violation by American Express, says SC
American Express (AXP) has won the lawsuit on credit card fees, with the Supreme Court declaring that the company’s anti-steering…
British firm mulls $1.3bn-lawsuit against Ford for putting dangerous vehicles on road
It all started when a frustrated customer in the UK created a Facebook page called ‘Ford EcoBoost Nightmare' after her…
JinkoSolar stock drops on weak quarterly results
JinkoSolar Holding (JKS) reported a 93.3% dip in earnings for the first quarter due to lower solar module shipments and…
GE to sell healthcare unit and Baker Hughes stake; stock jumps 6%
Shareholders of General Electric (GE) got a morale booster on Tuesday when the company disclosed plans to spin off the…
China’s richest eye Xiaomi IPO despite Shanghai index slump
As smartphone giant Xiaomi Corp readies itself for a mammoth IPO in Hong Kong, China's billionaires are circling for a…
Why semiconductor stocks tumbled today?
Trade war tensions battered the US stock market today. Dow, S&P 500 and Nasdaq indexes were down 1.33%, 1.37% and…
Busy days ahead for the virtual space as cloud migration gathers steam
The leading cloud service providers have one thing in common – in most cases cloud is not their core business,…
Campbell rallies on rumored deal with Kraft
Reports have emerged that Kraft Heinz (KHC) is interested in buying Campbell Soup (CPB), sending Campbell shares soaring 10% during…