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Middle East budget carrier flyadeal to switch to Boeing 737 MAX jets

Aircraft maker Boeing (BA) announced that Middle East carrier flyadeal looks to order 50 aircraft. According to a statement, the airline…

Tencent and Netease pops up as China reinstates gaming approvals

Tencent Holdings, the Chinese Internet and gaming conglomerate, and its peer NetEase (Nasdaq: NTES) jumped on Friday following Chinese government’s…

Facebook stock falls on cryptocurrency plans, rating downgrade

Coinciding with the reports that Facebook (FB) is developing a cryptocurrency, brokerages on Friday downgraded the social media giant, sending…

Ford is recalling over 870,000 pickup trucks

Concerned over fire risks at its engine block heaters, Ford (F) on Friday recalled about 874,000 pickup trucks sold in…

Market: US futures point to lower open on shutdown concerns

US futures are pointing to a lower open in the stock market today after ending on a negative note on…

Apple rout deepens after Qualcomm wins partial ban on iPhone sales in Germany

The ongoing patent infringement litigation between Apple (AAPL) and Qualcomm (QCOM) took a new turn this week after the latter…

CalAmp stock falls on weak Q4 guidance

CalAmp (CAMP) slipped to a loss in the third quarter from a profit last year, due to a restructuring charge…

Cintas tops Q2 estimates, stock surges

Cintas (CTAS) reported its second quarter 2019 earnings results, which surpassed analysts’ estimates. The business service provider’s EPS excluding certain items…

Altria announces minority stake in JUUL and cost reduction plans

Altria Group Inc. (MO) acquired a 35% stake in e-cigarette company JUUL Labs Inc. (JUUL) through a $12.8 billion investment…

Budweiser-parent mulls pot-based drinks, inks JV with Tilray

The world’s largest brewery and the parent company of Budweiser, AB InBev (BUD), has given potheads more reasons to cheer…