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Tax reform spells doom for H&R Block, stock plunges most in 30 years
The early months of the year witnessed several companies reporting unusually large quarterly profits, mostly benefitting from the...
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Fred’s Inc. reports first quarter 2018 results
Fred’s Inc. (FRED) reported a 5.8% decline in net sales to $437.1 million during the first quarter of...
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Microsoft may team up with Walmart to outshine Amazon in checkout-free shopping
Microsoft Corp (MSFT) appears to be making an effort to take on Amazon (AMZN) in a subtle way...
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The storm is over now, but ZTE needs to pay the price
Shares of embattled Chinese phone maker ZTE edged up on Thursday after it took the first key step...
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GM plans 20 new EVs by 2023 to fuel its clean-energy initiative
Continuing the efforts to ramp up its electric vehicle portfolio, General Motors (GM) is planning to roll out...
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Comcast bids $65 billion for Twenty-First Century Fox
After the unconditional AT&T – Time Warner deal, CNBC’s parent company Comcast (CMCSA)/21st Century Fox (FOXA) deal was...
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Elon Musk increases his stake in Tesla; buys 72,500 shares
Tesla revealed in its SEC filing today that its CEO Elon Musk had bought the company’s stock for...
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Dhivya Suryadevara becomes GM’s first woman CFO, succeeds Chuck Stevens
In what could be termed a rare distinction, General Motors (GM) will soon have a second woman executive...
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Toyota makes a massive investment in Grab
Toyota Motor Corp. will make a $1 billion investment in Singapore-based cab service company Grab. The investment, which...
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VIDEO: Microsoft Office gets a new look
Microsoft (MSFT) has finally decided to bring its “fluent” design language from Windows 10 to its most coveted...
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Stryker confirms that it didn’t bid for Boston Scientific
Two days after the acquisition speculation sparked in the internet, medical equipment maker Stryker (SYK) stated today in...
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Salesforce stock jumps to all-time high amid UK investment plans
Salesforce (CRM) is among the few Wall Street companies that are used to consistently setting new records. The...