Market News
Chipmaker giant Intel’s CEO Brian Krzanich resigns
Brian Krzanich, who has been the CEO of the technology giant Intel (INTC) since 2003, has announced his resignation today from…
Tesla owners can now remotely limit speed of the car
At some point we all need to let other people drive our vehicle – probably at a restaurant with valet…
Best Buy stock slips following burglary, new deal
Best Buy (BBY) stock closed 0.7% in red on Wednesday after news broke out of the Hollywood-inspired burglary at its…
Instagram reaches 1 billion users; introduces long-form video
As expected, the photo-sharing app Instagram announced that it had reached 1 billion monthly active users. The Facebook (FB) subsidiary…
Tesla plans to build Gigafactory in Germany
During the recent annual shareholders meeting, Tesla’s chief Elon Musk spoke about the company’s plans to build Gigafactories in other…
Existing home sales drop unexpectedly in May hurt by price rise
Reflecting the continuing short supply in the US housing market and the resultant price rise, existing home sales dropped for…
Will Apple and Google top Disney’s $71-billion bid for FOX?
While Comcast looked like it was about to spoil the dream of every Marvel fan to see the Avengers teaming…
Ford mulling a partnership with Volkswagen for vehicle development
Auto majors Ford (F) and Volkswagen are exploring ways to work together, which would help both the firms to help…
FedEx shrugs off trade concerns, places $6.6-billion order for Boeing freighters
Despite being highly vulnerable to geopolitical uncertainties, the global air cargo business seems to be unperturbed by the growing trade…
Facilities giant CBRE expands Israel operations amidst West-Bank concerns
The world’s largest commercial real estate services and investment firm (based on 2017 revenue), CBRE Group Inc (CBRE), has agreed…