X

Marathon agrees to buy Andeavor for $23.3 billion

The M&A scenario seems to have picked up in the US with the proposed merger between T-Mobile (TMUS) and Sprint…

Amazon lifts annual prime membership fee by $20

Just a week after Amazon disclosed the eye-catching number of its Amazon Prime membership, the e-commerce giant has decided to…

Walmart sells its struggling UK unit Asda to rival J Sainsbury

Given the changing dynamics of the retail industry, Walmart (WMT) is gearing up to take the lead over other retailers.…

Airline companies stare at a burning issue as fuel prices skyrocket

The aviation industry invariably falls on the receiving end whenever there is a financial crisis or geopolitical issue. At a…

T-Mobile, Sprint to create the third great pillar of US telecom

On Friday, we had reported that the T-Mobile-Sprint merger may happen this week, and it’s finally taking off. T-Mobile US…

Banks at risk as tech firms trespass into the financial services territory

Tech firms have become so popular that they are already quite ubiquitous. In fact, they are like The Mad Titan…

Southwest sued by a passenger post the engine debacle

A couple of weeks back, Southwest Airlines 1380 flight, which was flying to Dallas from New York, was forced to…

Market: Strong McDonald’s earnings lift stocks

US stock market opened higher today as seen from major index futures after strong earnings from McDonald's (MCD). Also, the…

Marriott Vacations buys ILG to create timeshare giant

Taking cue from the renewed uptrend in the hospitality industry, which witnessed frequent turbulence in the latter part of last…

Loews beats earnings estimate in 1Q 2018

First quarter earnings of the commercial property and casualty insurance company Loews Corp. (L) topped analysts’ estimates. Despite net income falling slightly…