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Uber reports 67% jump in Q1 revenue and trims down losses
Ridesharing company Uber Technologies revenue in the first quarter jumped 67% year-over-year to $2.5 billion and adjusted loss...
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Will Comcast win the bidding battle against Disney and grab Fox’s assets?
Comcast (CMCSA) is engaging in a bidding war with Walt Disney (DIS) by proposing a higher, all-cash superior...
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Deutsche Bank looking to cut around 10,000 jobs
Deutsche Bank (DB) is planning to cut nearly 10,000 jobs as part of its efforts to reduce expenses....
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Apple may launch three iPhones with 7nm chip this year
Apple’s (AAPL) upcoming iPhone models this year would have an A12 chip with 7-nanometer design instead of the...
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Many Americans unable to afford emergency expenses: Fed report
The Federal Reserve’s Report on the Economic Wellbeing of US Households in 2017 reveals that around 40% of...
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Flickr updates user terms and privacy as ownership changes hands
With photography platform SmugMug agreeing to buy Flickr from erstwhile Yahoo!, Flickr users have until May 25 to...
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Red Robin shares tank 18% after insipid Q1 results
Restaurant chain Red Robin Gourmet Burgers (RRGB) saw its shares plunge 18% in the early hours of trading...
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Roche’s latest trials prove wider use of new drug Hemlibra
Just a month after picking an accelerated review by U.S. regulators for its new blockbuster drug Hemlibra, the...
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Surge in crude oil prices may spark a recession
A strong demand has been driving crude oil prices higher since last August, and many economists fear this...
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Target posts strongest performance in over a decade
Target Corporation (TGT) posted a 3.4% rise in total revenues to $16.8 billion for the first quarter of...
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HPE Q2 results beat estimates; lifts full-year guidance
Information technology company Hewlett Packard Enterprise (HPE) turned to profit in the second quarter of 2018 from a...
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JC Penney falls to record lows as CEO Marvin Ellison quits to head up Lowe’s
Troubled department store chain JC Penney (JCP) suffered yet another setback after Chairman and CEO Marvin Ellison stepped...
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