Market News
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…
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.…