‘Racist’ brands get a market beat-down, among other things
Racial profiling and incidents fueled by hate are back in the news. In the latest of incidents, Nordstrom Rack, owned…
Economy close to full employment as job vacancies hit record high
The economy is passing through a phase that is uniquely favorable for the employment market, with the highlights being record…
Top analyst drops a bombshell, predicts Microsoft will buy Netflix
A media analyst with over four decades of experience just dropped a bombshell today. In an interview with CNBC, Porter…
Alibaba deepens investment in SEA by acquiring Pakistan’s e-commerce firm Daraz
Amazon’s (AMZN) top rival Alibaba (BABA) is aggressively expanding its influence in Southeast Asia. This time, the master of e-commerce…
Comcast gets in the way of Fox and Disney
Here comes a new twist in the whole Comcast-Sky-Fox-Disney tussle. Comcast (CMCSA) is said to be in discussions with investment…
Uber’s flying car one step closer to take-off
Complementing a prediction by its CEO earlier this year, ride-sharing company Uber unveiled the prototype of its flying car Tuesday,…
Intercontinental Exchange may soon have a bitcoin trading platform
Intercontinental Exchange (ICE) is building a platform where one can trade bitcoins, according to multiple media reports. ICE ventured into…
ValueAct bets on Citi’s rebound; raises stake to $2.1 billion
This month, Wall Street witnessed some major equity transactions involving activist investors, who either hiked or trimmed their stake in…