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Toys ‘R’ Us closes remaining stores for good
After more than 70-years in business, the iconic toy retailer Toys ‘R’ Us will complete the closure of...
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No antitrust violation by American Express, says SC
American Express (AXP) has won the lawsuit on credit card fees, with the Supreme Court declaring that the...
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British firm mulls $1.3bn-lawsuit against Ford for putting dangerous vehicles on road
It all started when a frustrated customer in the UK created a Facebook page called ‘Ford EcoBoost Nightmare’...
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JinkoSolar stock drops on weak quarterly results
JinkoSolar Holding (JKS) reported a 93.3% dip in earnings for the first quarter due to lower solar module...
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GE to sell healthcare unit and Baker Hughes stake; stock jumps 6%
Shareholders of General Electric (GE) got a morale booster on Tuesday when the company disclosed plans to spin...
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China’s richest eye Xiaomi IPO despite Shanghai index slump
As smartphone giant Xiaomi Corp readies itself for a mammoth IPO in Hong Kong, China’s billionaires are circling...
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Why semiconductor stocks tumbled today?
Trade war tensions battered the US stock market today. Dow, S&P 500 and Nasdaq indexes were down 1.33%,...
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Campbell rallies on rumored deal with Kraft
Reports have emerged that Kraft Heinz (KHC) is interested in buying Campbell Soup (CPB), sending Campbell shares soaring...
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General Electric close to selling the industrial engine unit
The much-delayed sale of General Electric’s (GE) industrial gas engines unit is close to being finalized. Divesting the...
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Trade war forces Harley-Davidson to shift production from the US
Thanks to the brewing trade war between the US and its allies, numerous automobile companies having customers around...
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Incoming Intel CEO has a plate full of problems to solve
Intel Corp. (INTC) is facing a shakeup after the unexpected exit of its CEO Brian Krzanich over non-fraternization...
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AT&T buys AppNexus, will compete with Facebook and Google in digital ad space
Only a few days after getting the court’s green signal for the Time Warner deal, AT&T (T) has...