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United Parcel Service starts testing smart lock technology

United Parcel Service (UPS) has reportedly started testing smart lock technology in New York City’s apartment buildings that let multiple…

Motorola bags 5-year US Army contract capped at $495 million

The US Army awarded Motorola Solutions (MSI) a five-year IDIQ contract capped at $495 million to upgrade its global mission-critical…

Deal Alert: Walmart, Microsoft find a common enemy in Amazon

Less than a week after striking a crucial deal with data-warehousing start-up Snowflake Computing to offer the latter’s service on…

FCC raises concerns over Sinclair-Tribune transaction

The ambitious merger between the most diversified local TV station operators, Sinclair (SBGI) and Tribune Media (TRCO) is in jeopardy…

Goldman Sachs tops estimates; profit jumps 44%

Multinational investment banking titan Goldman Sachs (GS), which named its operating chief David Solomon as successor to executive chief Lloyd…

UnitedHealth Group reports Q2 earnings above estimates

UnitedHealth Group (UNH) reported revenues of $56.1 billion for the second quarter of 2018, a 12% increase year-over-year. Net earnings…

With $150-bln net worth, Amazon’s Jeff Bezos becomes the richest man in the world

This year, Amazon’s (AMZN) Prime Day event seems to have brought mixed fortunes for CEO Jeff Bezos. The three-day sale,…

Earnings Preview: What to expect from United Airlines Q2 2018 results?

United Airlines parent firm United Continental (UAL) is scheduled to report its second quarter earnings tomorrow after the closing bell.…

AMD stock inches higher on growth prospect

Advanced Micro Devices (AMD) stock inched higher on Monday, with shares jumping more than 21% in the past 52 weeks…

Elon Musk needs to invent something to keep his own mouth shut

Elon Musk seems to have a problem with everything. Be it the American media or the Thai rescue mission, the…