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Walmart sells its struggling UK unit Asda to rival J Sainsbury
Given the changing dynamics of the retail industry, Walmart (WMT) is gearing up to take the lead over...
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Airline companies stare at a burning issue as fuel prices skyrocket
The aviation industry invariably falls on the receiving end whenever there is a financial crisis or geopolitical issue....
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T-Mobile, Sprint to create the third great pillar of US telecom
On Friday, we had reported that the T-Mobile-Sprint merger may happen this week, and it’s finally taking off....
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Banks at risk as tech firms trespass into the financial services territory
Tech firms have become so popular that they are already quite ubiquitous. In fact, they are like The...
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Southwest sued by a passenger post the engine debacle
A couple of weeks back, Southwest Airlines 1380 flight, which was flying to Dallas from New York, was...
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Market: Strong McDonald’s earnings lift stocks
US stock market opened higher today as seen from major index futures after strong earnings from McDonald’s (MCD)....
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Marriott Vacations buys ILG to create timeshare giant
Taking cue from the renewed uptrend in the hospitality industry, which witnessed frequent turbulence in the latter part...
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Loews beats earnings estimate in 1Q 2018
First quarter earnings of the commercial property and casualty insurance company Loews Corp. (L) topped analysts’ estimates. Despite net income...
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Rockwell Collins reports higher earnings and sales in Q2
Avionics and aircraft parts maker Rockwell Collins (COL) beat profit and sales expectations in the second quarter 2018, bolstered...
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Market: Stocks fall after slowdown in economic growth
US stock market opened higher today as seen from major index futures, but turned lower following a slowdown...
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Square acquires website maker Weebly for $365 million
The small payments company Square Inc. (SQ), developed by Twitter co-founder Jack Dorsey, has been aggressively diversifying itself into...
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T-Mobile and Sprint merger may happen next week
T-Mobile US Inc. (TMUS) and Sprint Corp. (S) appear to be making progress in their talks for a...