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Anti-climax: Tesla rival might bag Saudi investment
Apparently, it’s not just Tesla (TSLA) that Saudi Arabian sovereign wealth fund PIF is in talks with. Citing...
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Best Buy dabbles into healthcare space with GreatCall acquisition
Best Buy (BBY) announced Wednesday that it is acquiring GreatCall for $800 million, which marks its foray into...
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Schoolboy hacks into Apple’s server, downloads 90GB of data
Searching for the mastermind who had hacked into Apple’s (AAPL) corporate computer network, the Australian Federal Police ended...
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After Buffett and Dimon, Trump pushes to end quarterly results
Earlier in June, two Wall Street veterans had lambasted the practice of announcing quarterly results, stating it would...
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Musk blames short-sellers for poor health; Board seeking No 2 exec at Tesla: NYT
In an emotional interview with The New York Times, Tesla (TSLA) CEO Elon Musk said his personal life...
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Nordstrom surges above 10% on strong Q2 results
Fashion retailer Nordstrom (JWN) reported strong second-quarter results after the closing bell. The company witnessed a 7% jump in...
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We now know what’s causing food safety issues for Chipotle
Chipotle Mexican Grill’s (CMG) biggest nightmare has been the food poisoning incidents that rocked the burrito chain over...
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Cloud storage wars: Google takes One to public
In a step to outrun other players in the cloud storage domain, Google (GOOGL) changed its service name...
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Teva Pharma receives a booster shot with FDA approval
The US FDA on Thursday approved Teva Pharmaceuticals’ (TEVA) generic version of EpiPen and EpiPen Jr auto-injector for...
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Boeing’s 737 head announces retirement
The head of Boeing’s (BA) 737 jetliner program, Scott Campbell, has announced his retirement, Bloomberg reported. Campbell, who...
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NetApp kicks off new fiscal year with upbeat earnings
NetApp Inc. (NTAP) reported a 116% jump in earnings for the first quarter of 2019 driven by strong...
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Uber’s Q2 revenue and bookings increase YoY
The private ride-sharing company Uber reported its second quarter 2018 results. Revenue surged about 60% to $2.7 billion compared to...