FedEx shrugs off trade concerns, places $6.6-billion order for Boeing freighters
Despite being highly vulnerable to geopolitical uncertainties, the global air cargo business seems to be unperturbed by the growing trade…
Facilities giant CBRE expands Israel operations amidst West-Bank concerns
The world’s largest commercial real estate services and investment firm (based on 2017 revenue), CBRE Group Inc (CBRE), has agreed…
Starbucks shares plunge on weak sales outlook and store closure
Late on Tuesday, Starbucks rolled out some long-term strategic initiatives to regain momentum on both the top and bottom line.…
PayPal to acquire Hyperwallet
PayPal Holdings Inc. (PYPL) has agreed to acquire Hyperwallet, a firm that specializes in payouts to sellers, for $400 million.…
General Electric knocked out of Dow 30 Index; replaced by Walgreens
The troubled industrial behemoth General Electric (GE) has been kicked out of the Dow Jones Industrial Average (DJIA) index effective…
Oracle reports earnings and revenue beat for Q4
Computer technology company Oracle (ORCL), whose stock has remained almost flat year-over-year with not much to cheer for the short-term…
Brace yourselves! A mega partnership coming from self-driving car companies…
Major automakers that are involved in making autonomous vehicles have formed a group named The Partnership for Transportation Innovation and…
FedEx Q4 results beat expectations amid trade tensions
Broad-based revenue growth and favorable exchange rates pushed up earnings of shipping giant FedEx (FDX) in the fourth quarter. The…