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More assets on sale as General Electric sets out to grow by shrinking
The pace at which General Electric (GE) has been trimming assets gives the impression that its goal of...
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Amazon to open health clinics for Seattle employees
In a move aimed at reducing healthcare costs, Amazon (AMZN) is reportedly preparing to bring in-house employee healthcare...
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Ex-employees slam Nike for harassment, file class-action suit
At a time when workers are becoming increasingly aware of their rights, be it workplace behavior or wages,...
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A private Tesla could be more efficient than a public one
CEO Elon Musk’s idea of taking Tesla (TSLA) private makes sense on many grounds. Evidently, he wants to...
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Dropbox tumbles on COO departure news
Investors sent Dropbox (DBX) shares down as much as 10% as it opened trading on Friday, concerned over...
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Activist investor wants Campbell Soup sale, but who will buy?
Dan Loeb, manager of Third Point hedge fund, along with another shareholder is pushing for the sale of...
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Intel stock drops after downgrade by Goldman Sachs
Intel’s (INTC) pioneering chip-making technology, which has been an inspiration for several emerging semiconductor companies, seems to have...
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Universal Display’s stock surges nearly 9% on Q2 earnings beat
Universal Display (OLED) reported its second quarter results today after the bell. The company’s shares surged nearly 9%...
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YouTube is becoming the new American favorite versus Facebook
Facebook’s (FB) web traffic has nearly halved over the past two years and YouTube is all set to...
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Microchip Q1 earnings beat street view; stock falls on weak guidance
Revenues of semiconductor firm Microchip Technology (MCHP) rose sharply in the first quarter aided by strong demand for...
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JCPenney aims to capitalize on Babies R Us closure
JCPenney (JCP) may be struggling to stay relevant in a difficult retail environment, but the closure of Babies...
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IPO fears send Albertsons, Rite Aid apart
Rite Aid (RAD) and have Albertsons decided to terminate their $24 billion merger agreement due to stiff opposition...