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Netflix: Almost THRICE as big as it was last year!

Netflix is on a roll. The stock is two-and-half times what it was a year ago. And the latest AT&T…

Tax reform spells doom for H&R Block, stock plunges most in 30 years

The early months of the year witnessed several companies reporting unusually large quarterly profits, mostly benefitting from the tax reforms…

Fred’s Inc. reports first quarter 2018 results

Fred’s Inc. (FRED) reported a 5.8% decline in net sales to $437.1 million during the first quarter of 2018 compared…

Microsoft may team up with Walmart to outshine Amazon in checkout-free shopping

Microsoft Corp (MSFT) appears to be making an effort to take on Amazon (AMZN) in a subtle way through the…

The storm is over now, but ZTE needs to pay the price

Shares of embattled Chinese phone maker ZTE edged up on Thursday after it took the first key step towards fixing…

GM plans 20 new EVs by 2023 to fuel its clean-energy initiative

Continuing the efforts to ramp up its electric vehicle portfolio, General Motors (GM) is planning to roll out as many…

Comcast bids $65 billion for Twenty-First Century Fox

After the unconditional AT&T - Time Warner deal, CNBC's parent company Comcast (CMCSA)/21st Century Fox (FOXA) deal was highly in…

Elon Musk increases his stake in Tesla; buys 72,500 shares

Tesla revealed in its SEC filing today that its CEO Elon Musk had bought the company's stock for $25 million.…

Dhivya Suryadevara becomes GM’s first woman CFO, succeeds Chuck Stevens

In what could be termed a rare distinction, General Motors (GM) will soon have a second woman executive in its…

Toyota makes a massive investment in Grab

Toyota Motor Corp. will make a $1 billion investment in Singapore-based cab service company Grab. The investment, which is the…