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Deal Alert: Walmart, Microsoft find a common enemy in Amazon
Less than a week after striking a crucial deal with data-warehousing start-up Snowflake Computing to offer the latter’s...
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FCC raises concerns over Sinclair-Tribune transaction
The ambitious merger between the most diversified local TV station operators, Sinclair (SBGI) and Tribune Media (TRCO) is...
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Goldman Sachs tops estimates; profit jumps 44%
Multinational investment banking titan Goldman Sachs (GS), which named its operating chief David Solomon as successor to executive...
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UnitedHealth Group reports Q2 earnings above estimates
UnitedHealth Group (UNH) reported revenues of $56.1 billion for the second quarter of 2018, a 12% increase year-over-year....
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With $150-bln net worth, Amazon’s Jeff Bezos becomes the richest man in the world
This year, Amazon’s (AMZN) Prime Day event seems to have brought mixed fortunes for CEO Jeff Bezos. The...
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Earnings Preview: What to expect from United Airlines Q2 2018 results?
United Airlines parent firm United Continental (UAL) is scheduled to report its second quarter earnings tomorrow after the...
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AMD stock inches higher on growth prospect
Advanced Micro Devices (AMD) stock inched higher on Monday, with shares jumping more than 21% in the past...
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Elon Musk needs to invent something to keep his own mouth shut
Elon Musk seems to have a problem with everything. Be it the American media or the Thai rescue...
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Goldman Sachs may name long-term executive David Solomon as CEO
Goldman Sachs Group (GS) has reportedly identified president and chief operating officer David Solomon as successor to Lloyd...
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McDonald’s is the latest company to issue recall over CDC’s complaint
The foodborne illness outbreak related to the popular fast-food chain McDonald’s (MCD) has been in news since May....
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IBM earnings preview: the Cloud might rain profits
IBM (IBM) is predicted to report its earnings after the market close on Wednesday. Most of the analysts...
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China’s trade surplus with US hits all-time high as tariffs backfire
When the trade standoff between the world’s largest economies intensified in recent weeks, market watchers had cautioned that...