Market News
Earnings Preview: Walgreens Boots Alliance
General Electric’s (GE) replacement on the Dow index, drug retail chain Walgreens Boots Alliance (WBA), is said to have a…
Sun Life Financial looks to the east to double Asia profit
Canada-based Sun Life Financial Inc announced that it expects Asia profit to double in the next five years due to…
Celgene inks a deal with biotech start-up Skyhawk Therapeutics
Biotech start-up firm Skyhawk Therapeutics entered into a five-year deal with Celgene (CELG) in which it will receive an upfront…
Salesforce joins Silicon Valley’s battle with the government
Salesforce.com (CRM) has joined the list of tech companies caught in a tug of war between its employees and the…
Should oil and gas companies be held accountable for global warming?
Climate-change lawsuits filed by the cities of San Francisco and Oakland against five major oil companies were dropped by a…
Amazon pumps in $200 million for new distribution center in Charlotte
Charlotte officials on Monday gave Amazon (AMZN) the nod to build a new distribution center in the city. The company…
Warren Buffett ropes in Lee Enterprises to revive Berkshire newspapers
Warren Buffett’s Berkshire Hathaway (BRK-A) is seeking the service of industry experts to revamp its newspaper business, which is a…
Toys ‘R’ Us closes remaining stores for good
After more than 70-years in business, the iconic toy retailer Toys ‘R’ Us will complete the closure of the remaining…
No antitrust violation by American Express, says SC
American Express (AXP) has won the lawsuit on credit card fees, with the Supreme Court declaring that the company’s anti-steering…
British firm mulls $1.3bn-lawsuit against Ford for putting dangerous vehicles on road
It all started when a frustrated customer in the UK created a Facebook page called ‘Ford EcoBoost Nightmare’ after her…