Market News
Wells Fargo to pay $575 million to settle US states claims
Wells Fargo & Co. (WFC) reached an agreement with the attorneys general from all 50 US states and the District…
Sears liquidation looms closer than ever
Sears Holding Corp. (SHLDQ) is facing liquidation as early as tomorrow. The company’s last hope is hinged on a $4.6…
JinkoSolar and Schneider Electric join hands to build 55kW solar plant in Egypt
Chinese solar-module maker JinkoSolar Holding (JKS) recently joined hands with Schneider Electric to donate a 55kW off-grid solar project in…
Aphria rejects Green Growth Brands’ $2.1-bln buyout offer
Aphria Inc. (NYSE: APHA and TSX: APHA) turned down the acquisition proposal by Xanthic Biopharma d.b.a. Green Growth Brands (CSE:…
Netflix now gives you the remote to the protagonist’s life
In 1995, American writer RL Stine gave young bibliophiles a new kind of reading experience with his horror series Give…
Indian govt delivers Amazon, Flipkart a rude shock with new e-comm rule
India was perceived as a fertile ground for e-commerce growth by both Amazon (AMZN) and Walmart-owned local rival Flipkart, both…
Rite Aid stock plunges to 9-year low
Rite Aid (RAD) stock plunged to 9-year lowest of $0.61 on Thursday. Investors remained concerned on the future of the…
Drop in US jobless claims reflect strength in labor market
The number of people applying for unemployment benefits in the US dropped close to the lowest level in around 50…
Energous bounces back from 52-week low after getting FCC approval
After hitting a 52-week low ($4.41) on Wednesday, shares of wireless charging company Energous Corp (Nasdaq: WATT) recovered on Thursday…
Apple will rise on the wings of services: Analyst
Apple (AAPL) may have had a difficult year but that’s temporary, feels long-time analyst Gene Munster. Munster on Wednesday predicted…