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Finance

AIG leans on travel insurance to drive turnaround; signs second deal in 5 months

After weathering multiple headwinds since the massive government-funded bailout nearly a decade ago, American International Group (AIG) is slowly regaining…

Survival of rebel stock exchange in peril after patent infringement suit

The rivalry between Nasdaq and IEX Group, the controversial startup stock exchange rolled out some years ago by a former…

Bill Gates on cryptocurrency, Hyperloop and some more

When the world’s second richest man has something to say, you may want to listen.  Microsoft co-founder Bill Gates shared…

Macy’s makes a stellar comeback

Department store chain Macy’s has finally woken up from a sales stupor, posting a gain in sales for its fourth…

Nuggets from the buffet: Warren Buffett’s words of wisdom from 2017 annual letter

It's that time of the year when investors and fans across the globe eagerly await to hear from Warren Buffett.…

Martin Shkreli bitten by Karma; Held liable for investor losses

Martin Shkreli’s notorious brilliance in pumping up the price of Daraprim, an antiparasitic drug, by 5,000% had earned him the…

Comcast threatens Fox with a $31-billion offer for Sky

The takeover of European broadcaster Sky has both action and drama that promises to grab the attention of many an…

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…

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…

Fitbit steps up to a better position but fails to impress the market

Fitbit, back to grab the wearable crown from the likes of Apple and Samsung, was in very good shape last…