Market News
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…
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…