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Wells Fargo slides after missing Q2 earnings
Banking giant Wells Fargo (WFC) reported downbeat results both on earnings and revenue front amid the pressure from...
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It’s a whopping $4.7 billion penalty for Johnson & Johnson in talcum powder case!
Johnson & Johnson (JNJ) has been asked to pay a fine of close to $4.7 billion in a...
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PNC tops Q2 earnings estimate on higher NII
PNC Financial Services (PNC) reported strong Q2 2018 results. The company smashed past consensus estimates on both the...
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JPMorgan reports solid results for Q2 2018; beats analyst expectations
JPMorgan Chase & Co. (JPM) reported revenues of $27.8 billion for the second quarter of 2018, in line...
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MacBook gets a surprise makeover, with extra speed and power
The credit for Apple’s (AAPL) improved position in the global PC market this year mainly goes to MacBook,...
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Tesla’s ambitious plans for Model 3 and Gigafactory 3
Tesla (TSLA) achieved its production goal of 5,000 units a week for its Model 3 cars by the...
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Uber axes self-driving vehicle operators in Pittsburgh and SF
Three months after a self-driving Uber car killed a 49-year-old woman during its testing operations in Arizona, the...
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For you, a thousand times over, Comcast tells Sky with a higher bid
Comcast Corporation (CMCSA) raised its offer for Sky plc (SKY) to $34 billion, beating 21st Century Fox’s (FOX)...
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Snowflake-Microsoft deal shows retailers prefer Azure over Amazon Web Services
With the reach of cloud services expanding to new markets rapidly, corporate computing is undergoing a revolution. The...
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Alphabet’s Verily teams up with ResMed to tackle sleep apnea
The healthcare-based subsidiary of Alphabet (GOOGL), Verily, and medical equipment company ResMed (RMD) will join forces to form...
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ZTE gets help from US government to end export ban
The US Commerce Department signed an agreement with ZTE Corp. that will help ease the restrictions on the...
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JD.com’s finance unit raised $2 billion in fresh equity
JD Finance — the financial arm that JD.com (JD) spun off last year — managed to raise $1.96...