Market News
Indra Nooyi steps down as PepsiCo CEO; Ramon Laguarta to succeed
PepsiCo’s (PEP) Indra Nooyi stepped down as the company’s CEO on Monday and the Board of Directors elected Ramon Laguarta…
Is McDonald’s stock an attractive long-term investment?
From cleaning fluid in latte to drug in soda, McDonald’s (MCD) has been making news for all the wrong reasons…
Tesla and BMW are not rivals, but role models to each other
During the second quarter earnings conference call on Wednesday, Tesla (TSLA) chief Elon Musk confronted a tricky question – whether…
MoneyGram stock hits new yearly low after weak outlook
MoneyGram International (MGI) stock hit a new yearly low of $5.86 on Friday after showing signs of weakness in revenue…
5G smartphone is here, but 5G isn’t
Lenovo-owned Motorola has launched what it claims to be the first 5G smartphone. Moto Z3 along with the magnetic 5G…
GE employee steals confidential files, hides them in a picture of sunset
General Electric Company (GE) received a rude shock after one of its employees was arrested for stealing confidential information. Chinese-American…
Oil price: Uncertainties rife in the long-term
Oil prices saw an initial drop before steadying on Friday while long-term factors point to further pressures in the market.…
Kraft Heinz stock jumps as Q2 results beat street view
An uptick in overseas sales pushed up Kraft Heinz’ (KHC) adjusted earnings in the second quarter, which also came in…
CBS stock fumbles despite solid Q2 results
Just a couple of days after the CBS board ordered an investigation against the CEO Les Moonves, the company reported…