Market News
Carl Icahn opposes planned merger of Cigna and Express Scripts
Billionaire activist investor Carl Icahn has taken a sizable stake in health insurer Cigna (CI) and plans to vote against…
Brookstone files for second bankruptcy in four years
For the second time in the past four years, retail chain Brookstone has filed for Chapter 11 bankruptcy due to…
MILESTONE: Apple is the first trillion dollar US company!
Thursday marked the first time a US company achieved the milestone of $1,000,000,000,000 market cap. As Apple (AAPL) shares soared…
Bleak comp sales adulterate Yum! Brands’ Q2 earnings beat as stock drops
Multi-brand fast-food chain Yum! Brands (YUM) reported better-than-expected earnings for the second quarter as the continuing global expansion boosted sales.…
The Kellogg Co posts wholesome quarterly profit jump
The Kellogg Co (K) posted a whopping 111% jump in earnings for the second quarter as key businesses and brands…
Huawei outstrips Apple, Samsung in shipment growth
Chinese technology company Huawei has outstripped Samsung and Apple (AAPL) in terms of shipment growth. Apple had on Tuesday reported…
Battered by stock plunge, FB looks to WhatsApp for revenue
Popular messenger WhatsApp has decided to charge marketing and promotional messages disseminated by enterprises. The move comes after Facebook recently…
Startup firm Bird plans to expand into international markets
Electric scooter ride-sharing company Bird is expanding beyond the US for the first time. In its latest announcement, the startup…
Elon Musk faces two lawsuits from “whistleblowers”
Tesla (TSLA) CEO Elon Musk is facing lawsuits in two separate cases from employees who claim to be whistleblowers. The…