Market News
BMW: High tariffs bring price hike and production shift
As the US and China fire tariff shots at each other, someone or the other keeps getting hit. This time,…
Forget the hype: 6 headwinds to Netflix’s growth that you neglected
Netflix (NFLX) stock has been trading at a yearly high after a June-end report stated that the cable-killer could see…
Uber invests in e-scooter startup Lime
For commuters, electric scooters are emerging as the need of the hour. Increased demand in e-bikes has led to a…
US economic growth to rebound in Q2
Amidst escalating trade tensions between the US and China, economists have expressed optimism over a strong economic rebound the second…
Now, Walmart is set to woo New Yorkers with e-commerce offerings
Walmart’s (WMT) aggressive and rapid adoption of e-commerce over the last decade has been an inspiration for the other American…
Xiaomi makes a stellar rebound after a dud debut
First days can be tough – ask Xiaomi. After a sloppy debut on Monday, the Chinese smartphone maker made a…
JM Smucker sheds baking brands to focus on pet foods, snacking
JM Smucker (SJM), one of the popular food brands in American households, has been busy revamping its brand portfolio for…
Celgene gets a booster shot from recent positive clinical trial results
Troubled pharma giant Celgene (CELG) has announced 3 positive clinical trial results in the past two weeks. Today, the company…
FTC clears Takeda’s acquisition of Shire
The US Federal Trade Commission (FTC) has given its nod for the proposed $62 billion acquisition of Shire (SHPG) by…
Trump’s message doesn’t hurt Pfizer and other drugmakers
Right from his campaigning days, President Trump was slamming the US pharma companies for the high drug prices. In his…