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Brookstone files for second bankruptcy in four years
For the second time in the past four years, retail chain Brookstone has filed for Chapter 11 bankruptcy...
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MILESTONE: Apple is the first trillion dollar US company!
Thursday marked the first time a US company achieved the milestone of $1,000,000,000,000 market cap. As Apple (AAPL)...
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Bleak comp sales adulterate Yum! Brands’ Q2 earnings beat as stock drops
Multi-brand fast-food chain Yum! Brands (YUM) reported better-than-expected earnings for the second quarter as the continuing global expansion...
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The Kellogg Co posts wholesome quarterly profit jump
The Kellogg Co (K) posted a whopping 111% jump in earnings for the second quarter as key businesses...
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FireEye quarterly results beat estimates
FireEye (FEYE) reported a wider loss for the second quarter due to an increase in operating expenses. The...
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Huawei outstrips Apple, Samsung in shipment growth
Chinese technology company Huawei has outstripped Samsung and Apple (AAPL) in terms of shipment growth. Apple had on...
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Battered by stock plunge, FB looks to WhatsApp for revenue
Popular messenger WhatsApp has decided to charge marketing and promotional messages disseminated by enterprises. The move comes after...
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Startup firm Bird plans to expand into international markets
Electric scooter ride-sharing company Bird is expanding beyond the US for the first time. In its latest announcement,...
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Elon Musk faces two lawsuits from “whistleblowers”
Tesla (TSLA) CEO Elon Musk is facing lawsuits in two separate cases from employees who claim to be...
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Humana beats on Medicare Advantage plans, raises outlook
Health insurer Humana (HUM) today reported its second-quarter earnings that surpassed analysts’ forecast, mainly due to surge in...
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Sprint stock gains after Q1 results beat estimates
Telecommunications giant Sprint Corp. (S), which recently entered into a merger agreement with rival T-Mobile (TMUS), Wednesday said...
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Uber to shift focus from self-driving trucks to cars
Uber is planning to shut down its self-driving truck operations in order to devote its entire attention to...