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Rite Aid narrows earnings outlooks ahead of Albertsons vote
Shares of the drug retailer Rite Aid Corp (RAD) tanked on Monday after the company narrowed its fiscal...
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First glance at Facebook Dating
Almost three months after Facebook (FB) announced its plans to launch a dating application at the F8 event,...
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Didi Chuxing pumps in $1 billion into car services unit
The latest move by Chinese ride sharing platform Didi Chuxing indicates that the company has no plans of...
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New Goldman CEO picks Jim Esposito as co-head of equity division
After reporting excellent earnings and revenue numbers for the second quarter, Goldman Sachs (GS) is taking forward the...
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Indra Nooyi steps down as PepsiCo CEO; Ramon Laguarta to succeed
PepsiCo’s (PEP) Indra Nooyi stepped down as the company’s CEO on Monday and the Board of Directors elected...
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Is McDonald’s stock an attractive long-term investment?
From cleaning fluid in latte to drug in soda, McDonald’s (MCD) has been making news for all the...
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Tesla and BMW are not rivals, but role models to each other
During the second quarter earnings conference call on Wednesday, Tesla (TSLA) chief Elon Musk confronted a tricky question...
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MoneyGram stock hits new yearly low after weak outlook
MoneyGram International (MGI) stock hit a new yearly low of $5.86 on Friday after showing signs of weakness...
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5G smartphone is here, but 5G isn’t
Lenovo-owned Motorola has launched what it claims to be the first 5G smartphone. Moto Z3 along with the...
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GE employee steals confidential files, hides them in a picture of sunset
General Electric Company (GE) received a rude shock after one of its employees was arrested for stealing confidential...
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Oil price: Uncertainties rife in the long-term
Oil prices saw an initial drop before steadying on Friday while long-term factors point to further pressures in...
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Kraft Heinz stock jumps as Q2 results beat street view
An uptick in overseas sales pushed up Kraft Heinz’ (KHC) adjusted earnings in the second quarter, which also...