Market News
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…
Tesla’s Chinese rival Nio fails to impress with IPO
Chinese carmaker NIO Inc. went public in New York today under the ticker symbol NIO but its IPO failed to…
Remove extremist posts in ‘one hour’ or face fine: Tech majors told
Fresh trouble is brewing for the American tech giants who were chastised recently by European regulators for privacy violations. On…
Apple Event LIVE: Say hello to iPhone XS, XS Max and the cheaper iPhone XR!
Live updates from the Apple Special ‘Gather Round’ Event on September 12, 2018. Coverage began at 1 PM ET.…
Bank of England governor Mark Carney to stay until 2020
After the UK voted to come out of the European Union, the UK government has been keen on keeping the…
US job openings reach record high along with quits rate
The Labor Department’s monthly Job Openings and Labor Turnover Survey painted a picture of strength and worker confidence in the…
Boeing goes the extra mile as orders for 737 soar
The outlook for the aviation industry has never been so bullish, with companies thriving on the growing travel needs of…