Market News
Albertsons to merge with Rite Aid
Privately-held Albertsons Companies is planning to buy the portion of Rite Aid that is not being sold to Walgreens Boots…
This billionaire has lost faith in the Silicon Valley
Billionaire Peter Andreas Thiel feels it’s finally time to sign off from what had been his home and heart for…
Facebook faces $312,000-a-day fine in Belgium till it plugs privacy breach
The hallmarks of top tech companies have long been Innovation and market expansion, ever since the internet boom changed the…
AT&T puts Trump administration in a spot over Time Warner Deal
AT&T and Time Warner have been looking to merge, with their proposal blocked by the Department of Justice recently. The…
Russian metal giant Rusal to get new CEO
World’s second largest aluminum company (by primary production output), United Co. Rusal is on its way to name as its…
Walmart is pretty serious about virtual reality
The energy and zeal Walmart has displayed in competing with rival Amazon over the past few years has been nothing…
The new Fed chief needs to find a balance between growth and inflation
While investors are still trying to come to terms with last week’s monster sell-off, it has definitely set a precedent…
Netflix is amassing creative talent; gets ace producer Ryan Murphy to enliven prime time
There is hardly any business entity whose mass appeal can be matched with that of Netflix. In recent times, the…
The mad rush of millennials to cryptos: Should you join the bandwagon?
According to a recent survey, a third of the country’s novice millennial investors prefer to spend their money in cryptocurrencies,…
From Chicago to China, or not!
The Securities and Exchange Commission (SEC) rejected the proposal for the sale of the Chicago Stock Exchange for $20 million…