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Rite Aid sales drop 8.6% in 4Q
Pharma chain Rite Aid (RAD), which is in the process of being acquired by Albertsons, has struggled with...
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Toys ”R” Us receives billion-dollar bid for its profitable Asian business
Troubled toy retailer Toys “R” Us, which is in the midst of winding its US and UK operations,...
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Oliver Schusser appointed Vice President of Apple Music
Apple Inc. (AAPL) appointed Oliver Schusser as Vice President of Apple Music and international content. He will be...
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Google is coming for Nokia’s in-flight broadband business
In-flight connectivity is booming in business, and now Alphabet Inc’s (GOOGL) Google is all set to join the...
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Idaho resident sues JPMorgan for charging extra on crypto purchases
JPMorgan Chase (JPM) is being sued by one of its credit cardholders, Brady Tucker from Idaho, who claims...
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Bank of America will no longer lend to military-style gun manufacturers
Bank of America (BAC) said it will stop loaning to gun companies that produce military-style firearms for citizens....
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Kroger on hiring spree with 11,000 new jobs
In the recent times, some of the most prominent retailers have been shuttering stores. While the entire sector...
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EU regulators raid Fox Networks offices
In the latest of its conflicts with the European Union, Fox Networks, the TV, and cable unit of...
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Carl Icahn to sell Federal-Mogul to Tenneco for $5.4 billion
Almost after a decade after acquiring a major stake in auto-parts maker Federal-Mogul, billionaire activist Carl Icahn has...
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Even Zuckerberg is unsure if Facebook is a monopoly
Numerous questions were fired from all directions at Facebook (FB) CEO Mark Zuckerberg as he attended a hearing...
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Market: Stocks to open lower ahead of Fed minutes, CPI data
US futures are pointing to a lower open today after ending higher on Tuesday, ahead of Fed meeting...
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Survival instinct brings Sprint and T-Mobile back to the merger table
The Sprint (S)- T-Mobile (TMUS) saga is back once again. The wireless carrier rivals have apparently reignited merger talks...