Market News
Starbucks shares plunge on weak sales outlook and store closure
Late on Tuesday, Starbucks rolled out some long-term strategic initiatives to regain momentum on both the top and bottom line.…
PayPal to acquire Hyperwallet
PayPal Holdings Inc. (PYPL) has agreed to acquire Hyperwallet, a firm that specializes in payouts to sellers, for $400 million.…
General Electric knocked out of Dow 30 Index; replaced by Walgreens
The troubled industrial behemoth General Electric (GE) has been kicked out of the Dow Jones Industrial Average (DJIA) index effective…
Brace yourselves! A mega partnership coming from self-driving car companies…
Major automakers that are involved in making autonomous vehicles have formed a group named The Partnership for Transportation Innovation and…
Tech giants facing backlash after collaborating with government agencies
After Google’s Project Maven, it is now Microsoft (MSFT) and Amazon (AMZN) that are facing pressure from employees, investors and…
Housing starts rebound at the fastest pace in 11 years
Construction of new residential units in the United States increased at the fastest pace in nearly 11 years and exceeded…
Amazon will now give your building a locker to receive packages!
Amazon on Tuesday launched the Hub – a locker facility that will be installed in your apartment where you can…
Food and hospitality segments to suffer as Canadians boycott US vacations, goods
Evidently irked by President Donald Trump’s derogatory comments on Canadian Prime Minister Justin Trudeau and the escalation of a trade…
‘Error 53’ proves costly for Apple as Aussie court slaps $7 million fine
The hardcore iPhone lovers would have found it hard to believe it when Apple (AAPL) made it official a few…
Netflix price target raised to $500 from $400
Netflix (NFLX) is the raging bull. Buoyed by its extreme optimism over the streaming giant, GBH Insights today raised Netflix’s…