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Market News

Athenahealth CEO leaves; company ponders sale

Jonathan Bush, the chief of Athenahealth (ATHN), has stepped down from his role with immediate effect. The company has begun…

Medicare and Social Security funds are on the verge of drying up!!

The funds for Medicare and Social Security are running out and fast. Medicare funds are expected to dry out by…

Watch out Amgen! Mylan wins FDA approval for biosimilar of Neulasta

Mylan (MYL) celebrates the Food and Drug Administration’s go-ahead signal for its first biosimilar infection-fighting treatment Neulasta manufactured by Amgen…

Move over EVs, cars to fly by 2022

To all the muggles out there, a flying car may be coming your way soon! The expectation for flying cars…

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…