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Jobless claims dip indicating better labor market

Fresh applications for unemployment benefits in the US saw a decline last week, hinting a healthy labor market. Unemployment benefit…

Shares jump as Broadcom board gives the green light to $12-billion share buyback

Chipmaker Broadcom Inc. (AVGO) announced that its Board of Directors authorized the buyback of up to $12 billion of its…

Rite Aid sales drop 8.6% in 4Q

Pharma chain Rite Aid (RAD), which is in the process of being acquired by Albertsons, has struggled with the deteriorating…

General Electric may spin-off transportation business to salvage itself

A huge round of applause for people who are still holding on to the General Electric (GE) stock – either…

BlackRock’s Q1 results exceed expectations

BlackRock Inc. (BLK) reported a 16% increase in its first-quarter 2018 revenues to $3.5 billion, ahead of market expectations. Earnings…

PNC Financial Services earnings preview: All’s well here!

PNC Financial (PNC) will kick-start this quarter’s bank earnings tomorrow at 6:45 AM ET and we are all ears with…

Toys ”R” Us receives billion-dollar bid for its profitable Asian business

Troubled toy retailer Toys “R” Us, which is in the midst of winding its US and UK operations, was reportedly…

Oliver Schusser appointed Vice President of Apple Music

Apple Inc. (AAPL) appointed Oliver Schusser as Vice President of Apple Music and international content. He will be in charge…

Google is coming for Nokia’s in-flight broadband business

In-flight connectivity is booming in business, and now Alphabet Inc's (GOOGL) Google is all set to join the race by…

Delta Air Lines posts flat EPS in Q1

Amidst concerns over rising oil prices and overcapacity, Delta Air Lines (DAL), the biggest US carrier by market value, reported…