Market News
Toys R Us rejects offer from Bratz toymaker
Toys R Us rejected an $890-million offer from Isaac Larian, founder of MGA Entertainment Inc., to buy more than 300…
Foes turn friends: Amazon ropes in Best Buy to sell new TV brand
Amazon (AMZN) has once again proved it has no permanent friends or foes. The retailer, which recently came under fire…
Here is why Tesla suspended Model 3 production
The temporary shutdown of Tesla’s Model 3 sedan production at Fremont raised some questions on the company’s plan of action.…
Amazon finds the healthcare space a hard nut to crack
Rumors surrounding Amazon’s (AMZN) foray into the trillion-dollar healthcare market had not only grabbed widespread media attention; it had also…
Facebook scandal: How far does it go?
There appears to be no end to the Facebook mess. The whole saga that started with Cambridge Analytica has now…
IBM shares plunge on downbeat outlook
Earnings of technology conglomerate IBM (IBM) declined in the first quarter, despite strong cloud revenue lifting the top line. However,…