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IBM seeks $167 million in settlement from Groupon
IT giant IBM (IBM) and coupon site Groupon (GRPN) have been at war over patents since 2016. IBM...
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United Parcel Service starts testing smart lock technology
United Parcel Service (UPS) has reportedly started testing smart lock technology in New York City’s apartment buildings that...
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Motorola bags 5-year US Army contract capped at $495 million
The US Army awarded Motorola Solutions (MSI) a five-year IDIQ contract capped at $495 million to upgrade its...
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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...