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Customer abuse: Wells Fargo may revise down Q1 numbers over $1-bln fine
For the last several years, Wells Fargo (WFC) has been making news for all the wrong reasons. During...
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Everyone in entertainment biz wants a slice of the Netflix pie
The pace at which Netflix (NFLX) is signing partnership agreements with streaming companies and cable TV operators across...
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JPMorgan trades in red despite record results in first quarter
JPMorgan Chase (JPM), the biggest U.S. bank by assets, reported record revenue and profits in the first quarter...
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GoPro finally gets a date, and it’s Xiaomi
It appears Chinese smartphone giant Xiaomi Inc. is interested in buying GoPro Inc. (GPRO) for about $1 billion,...
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What to expect from Netflix first quarter earnings on Monday?
Streaming major Netflix (NFLX) will report its first quarter 2018 results on April 16 after market close and...
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Jobless claims dip indicating better labor market
Fresh applications for unemployment benefits in the US saw a decline last week, hinting a healthy labor market....
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Shares jump as Broadcom board gives the green light to $12-billion share buyback
Chipmaker Broadcom Inc. (AVGO) announced that its Board of Directors authorized the buyback of up to $12 billion...
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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...