Market News
LIVE BLOG – European lawmakers leave fuming as Zuckerberg gives broad answers
Tajani asks Zuckerberg whether it is possible to give individual answers to the questions posed at him on a later…
Toll Brothers Q2 earnings miss Street’s expectations
Luxury homes builder Toll Brothers (TOL) reported a 10.3% drop in earnings for the second quarter due to higher selling,…
Elon Musk admits to Tesla Model 3 braking issue, confirms firmware fix
And just like that, Tesla is back in the news. And this time, it is actually regarding a product —…
Uber plans to partner with local firms to roll out app in Japan
Uber, which has been fighting off Google products and rival Lyft, is headed to the land of Pikachu and ramen…
Adobe Systems agrees to buy Magento Commerce for $1.68 billion
Adobe Systems Inc. (ADBE) is planning to acquire e-commerce services firm Magento Commerce for $1.68 billion. The closure of the…
From real to reel: Netflix ropes in the Obamas to produce shows
This could undoubtedly be the mother of all deals in the video streaming industry. Netflix (NFLX) once again proved it…
Soon after Hilton exit, Blackstone grabs LaSalle Hotel for $4.8 billion
Three days after ending an 11-year association with Hilton Worldwide Holdings (HLT) by divesting its remaining stock in the hotel…
NextEra Energy inks a deal to acquire certain assets of Southern Company
Energy producer NextEra Energy (NEE) has agreed to acquire Southern company’s (SO) some assets including Florida City Gas, Gulf Power…
Microsoft acquires Semantic Machines to boost AI capabilities
The ever-increasing prominence of artificial intelligence gets another push from Microsoft Corp.’s (MSFT) purchase of AI start-up Semantics Machines in…
GE to merge transportation unit with Wabtec
General Electric (GE) has agreed to merge its transportation unit with rail equipment manufacturer Wabtec Corp. (WAB) in a deal…