Market News
Airline start-up led by JetBlue founder Neeleman orders 60 Airbus jets
Indicating the entry of one more airline company into the American aviation industry, European aircraft maker Airbus received a massive…
Texas Instruments CEO Brian Crutcher quits over violation of code of conduct
Texas Instruments (TXN) reported that its CEO Brian Crutcher has resigned on the grounds of violating company’s code of conduct.…
Meet the new Goldman Sachs chief: DJ D-Sol
Along with its quarterly earnings report, banking giant Goldman Sachs (GS) today announced the appointment of its new CEO David…
IBM seeks $167 million in settlement from Groupon
IT giant IBM (IBM) and coupon site Groupon (GRPN) have been at war over patents since 2016. IBM had accused…
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…