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American Airlines’ downbeat outlook leaves airline sector in the red
American Airlines (AAL), which carried above 198 million passengers in 2017 and holds “the largest airlines of the US” title…
Will Amazon eclipse the $1 trillion market cap?
The race for joining the $1 trillion market cap seems to be getting intense in 2018. Amazon (AMZN) is expected…
David Hoffmann to head Dunkin’ Brands; Nigel Travis retires as CEO
Dunkin’ Brands Group (DNKN), the parent of two fast-food restaurant companies Dunkin’ Donuts (DD) and Baskin-Robbins (BR) named Dave Hoffmann…
Fastenal Q2 results crush estimates; stock gains 7%
With a client base that includes several large corporate firms, Fastenal (FAST) has been registering sales growth consistently for nearly…
Facebook escapes $2 billion penalty for now, slapped smaller fine
The Cambridge Analytica scandal came biting once again as Facebook (FB) was slapped with a fine of £500,000 ($662,900) by…
With orders pouring in, Boeing flies above Airbus in first half
A spurt in demand for the latest passenger jets helped Boeing (BA) extend the lead over its European rival Airbus…
BMW: High tariffs bring price hike and production shift
As the US and China fire tariff shots at each other, someone or the other keeps getting hit. This time,…
JM Smucker sheds baking brands to focus on pet foods, snacking
JM Smucker (SJM), one of the popular food brands in American households, has been busy revamping its brand portfolio for…
Celgene gets a booster shot from recent positive clinical trial results
Troubled pharma giant Celgene (CELG) has announced 3 positive clinical trial results in the past two weeks. Today, the company…
Nissan concurs on fudging emission stats
Japan’s second largest automaker Nissan revealed today that it has identified slip-ups in the emission and fuel economy inspections, which…
BREAKING: Twitter stocks are tanking today. Here is why
Twitter (TWTR) is likely heading towards its worst single-day decline, losing as much as 8.4% of its value in the…
Musk’s special pods to save Thai boys ready, but eight already rescued
Tesla (TSLA) CEO Elon Musk had volunteered to help with the rescue operations to save Thai boys and their football…
IPO Alert: Tencent will list its online music arm in the US
Chinese internet mammoth Tencent Holdings on Sunday announced that it might spin off to list its online music unit in…
After defying tariffs, Harley-Davidson kicks off birthday bash in Europe
At a time when the tariff battle is sending jitters across the corporate world, one company is in celebration mode…
Chinese Court forbids Micron from selling its chips in China
Micron Technology (MU) announced that Fuzhou Intermediate People's Court in China has forbidden the company from selling its products in…
Baidu brings China to the autonomous vehicles race
While all major automakers in the US have invested in autonomous vehicle technology, with Tesla (TSLA) and Waymo as frontrunners,…
Auto sector stays resilient in times of tariffs and oil spike
Last month’s positive sales data came as a relief to automakers in the US, amidst apprehensions that the latest import…
Electric motorcycles: A ride for Tesla to profitability
Tesla's (TSLA) chief Elon Musk has surprised us earlier with Model 3 and Semi truck in the auto space, but…