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Market News

HP restructuring to affect more workers than estimated earlier

HP Inc. (HPQ), the leader in the global PC market, this week said more employees than initially estimated would be…

UK clearance for Fox-Sky deal sets the stage for fresh bidding war

Giving a new twist to one of the most fiercely fought buyout battles the corporate world has witnessed in recent…

Walmart’s Brazilian strategy appears to be on the right track

Walmart Inc. (WMT) is on a roll. The company, in its competitive efforts against Amazon (AMZN), is striking strategic deals…

LIVE Blog: Tesla 2018 Shareholder Meeting

Tesla shares dropped 1% to $294 in the extended-hours of trading. When asked whether Tesla has thought about going into…

Starbucks shares drop after its iconic leader Howard Schultz steps down

Amid speculations about a possible presidential candidacy, the coffee billionaire Howard Schultz bids farewell to Starbucks (SBUX) that he nurtured…

Forget US, General Motors finds fertile grounds in China for EV

Taking a cue from the growing penchant for alternative energy vehicles in China, General Motors (GM) is ramping up its…

Qualcomm unveils Snapdragon 850 processor at Taiwan expo

Qualcomm (QCOM) has unveiled a new Snapdragon 850 processor, specifically for Windows devices, at the Computex 2018 conference in Taiwan.…

Twitter finally makes its way to the S&P 500

The struggling social media company Twitter (TWTR) will finally become a part of the S&P 500 index, effective before the…

Private label brands could be the next big thing for Amazon

One aspect of Amazon’s retail business that grew consistently over the years, just like the company’s stock, is its private…

If you think costlier air tickets are just a minor hitch, think again!

Even as surveys indicate that North Americans are happy with their airlines, storm clouds still loom over some of the…