Frances Frei, who is the SVP of Leadership and Strategy at Uber, is departing from her full-time job at the company. She
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Sempra Energy Q4 2017 earnings snapshot
Energy services holding company Sempra Energy reported a marginal spike in its revenue for fourth quarter 2017 of 3.2% to $2.96 billion
Valeant Pharmaceuticals International Inc. Q4 2017 earnings snapshot
Canada’s Valeant Pharmaceuticals posted a 9.9% decline in its fourth quarter 2017 revenue, driven by the impact of divestitures and lower volumes
AT&T loses case to FTC over regulation loophole
A federal court has issued a ruling which hopes to put to rest a case that seems to have been going on
Toyota, BMW raise the ante in driverless transit venture
Japanese carmaker Toyota Motor Corp. is one of the few international business entities that have successfully tapped the US market. The company
New home sales take a beating from high mortgage rates, bad weather
Ripples of the lackluster activity witnessed in the housing sector during the final weeks of last year are yet to die down,
General Electric restates earnings for 2016 and 2017
General Electric, the worst performing Dow component last year, just dropped another bombshell indicating that the worst is yet not over for
Qualcomm softens stance on merger bid by Broadcom ahead of board meeting
Broadcom’s unsolicited bid to buy rival Qualcomm has been plagued with uncertainties ever since the proposal was made. The deal is being
Fiat Chrysler to ditch diesel; Phase-out by 2022
Vin Diesel might still have a place in people’s hearts, but it looks like this once-popular petroleum-based fuel has lost the love.
Geely bets big on Daimler
Privately-owned Chinese automobile company Zhejiang Geely Holding Group, or Geely, has made a $9 billion investment in Daimler. This adds up to
Will NRA finally bite the bullet of public ire?
National Rifle Association finally came under fire last weekend after an online campaign #BoycottNRA picked up steam on Twitter and other social
US jobless claims hit 45-year low, beat estimates
The current fiscal year so far witnessed a lot of financial data coming in favor of the economy, and the positive employment
Newmont Mining: 4Q 2017 Earnings Snapshot
Newmont reported its fourth-quarter results as higher yellow metal sales and improved prices pushed sales 8% higher to $1.94 billion from a
Gun-makers see ballistic pull to divest stock
The mass shooting incident at Marjory Stoneman Douglas High School in Florida has left the country in grief. Debates on gun control
Garmin sales rise 3% despite weak demand for portable navigation devices
Garmin Ltd, a leading provider of wireless and other technical equipment, reported higher revenues in the December quarter helped by strong contributions
Here is how Apple plans to avoid battery material shortages
Proper supply of raw materials is vital to ensure the smooth running of a business. Cobalt is one such material. It is
Minnesota lawsuit: 3M to pay $850-million settlement
3M Company has agreed to a settlement of $850 million in a lawsuit alleging that the company contaminated groundwater through chemical disposal.
Russian metal giant Rusal to get new CEO
World's second largest aluminum company (by primary production output), United Co. Rusal is on its way to name as its first woman
Between the devil and the deep blue sky: The United saga
Last year, United Airlines were in the news so much even pigeons got jealous. But sadly, the infamous carrier got all the
Bitcoin taxation: Things you need to know
Amidst the widespread discussions on the fall of Bitcoin and its possibility of a rebound, something that gets buried is the tax
Market: US stocks to open higher after inflation data
US stocks are set to open higher today as investors are convinced that the Federal Reserve will lift interest rates at a