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Lockheed Martin to benefit from steady flow of defense contracts
Lockheed Martin (LMT) is one of the few Wall Street companies that registered steady growth over the years. Matching its…
Upcoming Boeing jets may fly five times faster than sound
Airplanes, capable of flying faster than sound, were considered the fastest mode of transport until recently. The latest developments indicate…
Tesla slashes Model 3 pricing
Tesla (TSLA) seems to be marching ahead to a profitable second half of the year, thanks to an effective tent…
Warren Buffett ropes in Lee Enterprises to revive Berkshire newspapers
Warren Buffett’s Berkshire Hathaway (BRK-A) is seeking the service of industry experts to revamp its newspaper business, which is a…
British firm mulls $1.3bn-lawsuit against Ford for putting dangerous vehicles on road
It all started when a frustrated customer in the UK created a Facebook page called ‘Ford EcoBoost Nightmare' after her…
GE to sell healthcare unit and Baker Hughes stake; stock jumps 6%
Shareholders of General Electric (GE) got a morale booster on Tuesday when the company disclosed plans to spin off the…
Why semiconductor stocks tumbled today?
Trade war tensions battered the US stock market today. Dow, S&P 500 and Nasdaq indexes were down 1.33%, 1.37% and…
Trade war forces Harley-Davidson to shift production from the US
Thanks to the brewing trade war between the US and its allies, numerous automobile companies having customers around the globe…
AT&T buys AppNexus, will compete with Facebook and Google in digital ad space
Only a few days after getting the court’s green signal for the Time Warner deal, AT&T (T) has inked an…
BGR leaks reveal budget iPhone X with upgraded LCD screen
Apple initiated its major design overhaul with the iPhone X in 2017. While the iPhone 8 and 8 Plus were…
Weekend roundup: Oil prices slide, gold gets a lift, dollar struggles
00:15 AM ET, New York: Here's a roundup of the important market news from the weekend. OPEC deal hints at…
Will Atul Gawande shake the US healthcare industry?
Berkshire, JPMorgan and Amazon have announced on Wednesday that Dr. Atul Gawande will be donning the role of CEO for…
BlackBerry tops Q1 estimates; net loss widens
IoT and enterprise software-solutions provider BlackBerry Limited (BB) reported adjusted revenue and earnings that beat analyst estimates for the first…
Red Hat stock plunge on weak guidance; Q1 earnings tops estimates
Open source solutions provider Red Hat (RHT) reported yet another quarter of revenue growth, consistent with the trend it has…
Earnings preview: Q1 will reveal the truth about BlackBerry as a service firm
It almost feels like a different era when people used to carry all those BlackBerry (BB) handsets that were dominated…
Chipmaker giant Intel’s CEO Brian Krzanich resigns
Brian Krzanich, who has been the CEO of the technology giant Intel (INTC) since 2003, has announced his resignation today from…
Q4 Earnings: Gun sales miss the mark, but Smith & Wesson parent jumps 5%
With gun companies reporting sluggish sales and tapering stock prices, American Outdoor Brands (AOBC), the parent company of Smith &…
Micron stock falls despite Q3 earnings beat
Earnings of chipmaker Micron Technology (MU) increased sharply in the third quarter as higher product demand and strong execution pushed up…
Instagram reaches 1 billion users; introduces long-form video
As expected, the photo-sharing app Instagram announced that it had reached 1 billion monthly active users. The Facebook (FB) subsidiary…
Will Apple and Google top Disney’s $71-billion bid for FOX?
While Comcast looked like it was about to spoil the dream of every Marvel fan to see the Avengers teaming…