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U.S. and China in talks to remove restrictions on ZTE
The U.S. and China are said to be nearing a deal that could see the removal of the...
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Sony jacks up stake in EMI to become largest music publisher
In a deal that augments its fast-growing entertainment portfolio, Sony Corp. (SNE) has added to its fold an...
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Celgene plunges to a new 52-week low battered by setbacks
On Monday, shares of the troubled pharma giant Celgene (CELG) succumbed to $74.13, its new 52-week low and...
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LIVE BLOG – European lawmakers leave fuming as Zuckerberg gives broad answers
Tajani asks Zuckerberg whether it is possible to give individual answers to the questions posed at him on...
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Toll Brothers Q2 earnings miss Street’s expectations
Luxury homes builder Toll Brothers (TOL) reported a 10.3% drop in earnings for the second quarter due to...
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Elon Musk admits to Tesla Model 3 braking issue, confirms firmware fix
And just like that, Tesla is back in the news. And this time, it is actually regarding a...
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Uber plans to partner with local firms to roll out app in Japan
Uber, which has been fighting off Google products and rival Lyft, is headed to the land of Pikachu...
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Adobe Systems agrees to buy Magento Commerce for $1.68 billion
Adobe Systems Inc. (ADBE) is planning to acquire e-commerce services firm Magento Commerce for $1.68 billion. The closure...
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From real to reel: Netflix ropes in the Obamas to produce shows
This could undoubtedly be the mother of all deals in the video streaming industry. Netflix (NFLX) once again...
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Soon after Hilton exit, Blackstone grabs LaSalle Hotel for $4.8 billion
Three days after ending an 11-year association with Hilton Worldwide Holdings (HLT) by divesting its remaining stock in...
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NextEra Energy inks a deal to acquire certain assets of Southern Company
Energy producer NextEra Energy (NEE) has agreed to acquire Southern company’s (SO) some assets including Florida City Gas,...
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Microsoft acquires Semantic Machines to boost AI capabilities
The ever-increasing prominence of artificial intelligence gets another push from Microsoft Corp.’s (MSFT) purchase of AI start-up Semantics...
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