Market News
Best Buy dabbles into healthcare space with GreatCall acquisition
Best Buy (BBY) announced Wednesday that it is acquiring GreatCall for $800 million, which marks its foray into healthcare domain.…
Schoolboy hacks into Apple’s server, downloads 90GB of data
Searching for the mastermind who had hacked into Apple’s (AAPL) corporate computer network, the Australian Federal Police ended up in…
After Buffett and Dimon, Trump pushes to end quarterly results
Earlier in June, two Wall Street veterans had lambasted the practice of announcing quarterly results, stating it would hinder the…
Musk blames short-sellers for poor health; Board seeking No 2 exec at Tesla: NYT
In an emotional interview with The New York Times, Tesla (TSLA) CEO Elon Musk said his personal life and health…
Nordstrom surges above 10% on strong Q2 results
Fashion retailer Nordstrom (JWN) reported strong second-quarter results after the closing bell. The company witnessed a 7% jump in revenues reaching…
We now know what’s causing food safety issues for Chipotle
Chipotle Mexican Grill’s (CMG) biggest nightmare has been the food poisoning incidents that rocked the burrito chain over the past…
Cloud storage wars: Google takes One to public
In a step to outrun other players in the cloud storage domain, Google (GOOGL) changed its service name to Google…
Teva Pharma receives a booster shot with FDA approval
The US FDA on Thursday approved Teva Pharmaceuticals’ (TEVA) generic version of EpiPen and EpiPen Jr auto-injector for the emergency…
Boeing’s 737 head announces retirement
The head of Boeing’s (BA) 737 jetliner program, Scott Campbell, has announced his retirement, Bloomberg reported. Campbell, who is also…
NetApp kicks off new fiscal year with upbeat earnings
NetApp Inc. (NTAP) reported a 116% jump in earnings for the first quarter of 2019 driven by strong product revenues.…