Market News
Elon Musk’s lunar dream spreads wings with first passenger sign-up
Taking a break from the controversies surrounding the operations of Tesla (TSLA), CEO Elon Musk has come up with some…
Volkswagen to kill Beetle next year
The American unit of German carmaker Volkswagen has decided to stop the global production of its iconic Beetle in July…
A bumpy ride for GM as steering malfunction triggers more recalls
General Motors (GM) is probably paying the price for not learning from past mistakes; what else could explain the recurring…
Google pushes Inbox app into the archives
Google (GOOGL) Inbox app is counting its days with the doomsday set for March 31, 2019. The tech giant is…
Walmart gives Jet.com a new look to woo the urban youth
When Walmart (WMT) embarked on the transition to a full-fledged e-commerce retailer, apparently in response to the aggressive strategies of…
Kroger stock declines 9% on Q2 revenue miss
The Kroger Co. (KR) topped analysts’ expectations for Q2 earnings but slightly missed the mark on revenues. Identical-store sales, excluding…
Insurance, construction firms to be hit worst by Hurricane Florence
With Hurricane Florence at the doorstep, experts estimate it to incur damages worth $170.2 billion along the East Coast, as…
Facebook will now use artificial intelligence to tackle offensive memes
Facebook (FB) has been investing significantly in artificial intelligence and machine learning capabilities. The company will now use these capabilities…
FDA puts the heat on e-cig makers to curb teen vaping
The e-cigarette market witnessed a phenomenal growth mainly because the concept was popularized in a convincing manner. While many wannabe…