Market News
Flickr updates user terms and privacy as ownership changes hands
With photography platform SmugMug agreeing to buy Flickr from erstwhile Yahoo!, Flickr users have until May 25 to agree to…
Red Robin shares tank 18% after insipid Q1 results
Restaurant chain Red Robin Gourmet Burgers (RRGB) saw its shares plunge 18% in the early hours of trading today, triggered…
Roche’s latest trials prove wider use of new drug Hemlibra
Just a month after picking an accelerated review by U.S. regulators for its new blockbuster drug Hemlibra, the Swiss drugmaker…
Surge in crude oil prices may spark a recession
A strong demand has been driving crude oil prices higher since last August, and many economists fear this could spark…
HPE Q2 results beat estimates; lifts full-year guidance
Information technology company Hewlett Packard Enterprise (HPE) turned to profit in the second quarter of 2018 from a loss last…
JC Penney falls to record lows as CEO Marvin Ellison quits to head up Lowe’s
Troubled department store chain JC Penney (JCP) suffered yet another setback after Chairman and CEO Marvin Ellison stepped down amidst…
U.S. and China in talks to remove restrictions on ZTE
The U.S. and China are said to be nearing a deal that could see the removal of the restrictions imposed…
Sony jacks up stake in EMI to become largest music publisher
In a deal that augments its fast-growing entertainment portfolio, Sony Corp. (SNE) has added to its fold an array of…