Market News
Chinese e-commerce mammoth Alibaba plans to list in China
E-commerce giant Alibaba Group (BABA) — parent of Alibaba.com, China’s answer to Amazon and e-Bay — may soon opt for…
Wells Fargo awards 35% pay hike for its CEO despite bank scandals
Wells Fargo (WFC) has given its CEO Timothy Sloan an almost 35% hike in compensation for 2017. The compensation, which…
Blue Apron looks to retail stores as competition eats into margins
When food company Blue Apron launched its ready-to-cook meal service, the key strategy was to avoid middlemen while delivering the…
20% of Americans don’t have any savings
A recent report says Americans are unwary when it comes to saving or investing money. According to the latest survey…
Bad publicity gives airlines a turbulent flight
Stock prices often resonate with consumer sentiments towards a company. Firms that bring out products or services that greatly satisfy…
After Ford, Nike suffers from behavioral hiccups
Almost a month after Ford (F) saw the departure of a top executive with over 30 years of service on…
Soaring traffic: Airline industry glides to a shining future
If there is an industry that explicitly manifests the health of the economy, it would be civil aviation. The theory…