Uber sells Southeast Asia business to Grab
Uber has agreed to sell its Southeast Asian operations to Singapore-based competitor Grab, signaling its departure from a key market.…
Microsoft has a “game plan” to hitch long-term investors
After a frail period of declining PC sales, Microsoft (MSFT) had made a stunning recovery through its cloud platform Azure.…
Walmart’s patent hints at drone shopping assistant
In the race for retail supremacy, Walmart (WMT) continues to show its commitment towards leveraging innovation and technology. And to…
Dominion Energy inches closer to $14.6 billion SCANA acquisition
Early this year Dominion Energy (D) went public with its intention to buy SCANA Corp (SCG) - the parent company…
IBM found violating age discrimination laws
Massive layoffs often take people by surprise. But when we talk of layoffs at International Business Machines (IBM), they are…
Is the Amazon footprint setting off a consolidation spree in retail space?
The grocery sector, which is currently the focal point of the fast-changing retail environment, is yet to recover from the…
Steve Wynn exits paving way for Galaxy
Steve Wynn, the founder of Wynn Resorts (WYNN), bids adieu to the gambling company by selling his entire stake. This…
A US-China trade war could spell doom for these companies
Stock markets remained cautious over the past two weeks fearing a trade war between the US and China over President…
China lifts Nike as shares jump on Q3 results
The growing demand for Nike’s (NKE) sneakers and sports equipment in the international market more than offset the softness in…
Citi shoots down gun-loving clients
Seldom do we see the business world reacting to social issues so overwhelmingly as it did after the Florida school…