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Google faces hefty fines in Europe for GDPR violation

Alphabet Inc.’s (GOOGL) subsidiary Google is facing fresh trouble over GDPR with consumer groups in seven countries threatening to file…

British penalty in data case raises fresh questions about Uber’s integrity

The last thing Uber wants ahead of its much-awaited IPO is new controversies, especially at a time when the ride-hailing…

Chinese state paper names Alibaba founder Jack Ma as Communist Party member

China’s richest man, Jack Ma, is a Communist Party member, according to the party’s official newspaper The People’s Daily. The…

Tesla stock falls on 70% sales plunge in China

In the world’s largest automobile market, China, Tesla (TSLA) managed to sell only 211 cars in October, Reuters reported on…

General Motors takes hard decisions on restructuring and job cuts

General Motors Company (GM) is planning a major overhaul of its operations and this involves closing several facilities and cutting…

Paychex boosts HR outsourcing profile through Oasis buyout

Paychex (PAYX) is better equipped than most other Wall Street firms when it comes to initiating expansion programs, thanks to…

Logitech drops plans to acquire Plantronics

Logitech International SA (LOGI) dropped its plans to acquire Plantronics Inc. (PLT) over price issues, according to a report by…

Diana Shipping stock rises on upbeat Q3 earnings

Greek bulk carrier Diana Shipping Inc. (DSX) turned last year’s deficit into a profit in the third quarter as higher…

Companies reporting earnings this week: Nov 26 – 30

A slew of major companies are reporting earnings this week. Cloud computing company Salesforce.com (CRM) will announce third-quarter earnings on…

Thanksgiving turned out quite busy at Tesla

It appears that quite a lot happened at Tesla (TSLA) during the holiday week. The company decided to slash the…