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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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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...