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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…

Interest income bump lifts US Bancorp in the first quarter

U.S. Bancorp (USB) reported first quarter earnings of $0.96 per share, beating street estimates driven by bump in interest income…

Market: Stocks to open higher as more earnings results pour in

US futures are pointing to a higher open today after ending higher on Tuesday, as earnings from major US companies…

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…

United Airlines beats street estimates amidst rising fuel costs

United Airlines (UAL) reported its first-quarter results on Tuesday after the closing. The company reported adjusted earnings of $0.50 per…

Intuitive Surgical profit soars 59% on da Vinci procedures demand

Intuitive Surgical (ISRG), the creator of the da Vinci robotic-assisted surgical system, reported a first-quarter profit that exceeded market consensus.…

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,…