Aircraft makers Boeing (BA) and Embraer are close to entering into a strategic tie-up, creating synergies that would give them a significant
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Milestone: Tesla makes 5000 Model 3s in a week!
According to various sources, Elon Musk wrote to his employees in Tesla Inc (TSLA) that the company made 5,000 Model 3 sedans
EU warns the US of counter-measures if car tariffs are imposed
In a communication received by the Commerce Department of the United States of America, the European Union warned that imposing import tariffs
Jack Dorsey reboots Twitter’s leadership team to equip for the future
On Thursday, Twitter (TWTR) CEO Jack Dorsey announced about key changes in the leadership team along with a change in its reporting
Goodyear stock crashes to yearly low
Shares of The Goodyear Tire & Rubber (GT) have hit a new yearly low of $23.28 on Friday. The downward trend in
KB Home stock rebounds after Q2 earnings beat
Benefitting from the strong demand for residential properties and higher prices, revenues of KB Home (KBH) rose sharply in the second quarter,
Constellation Brands stock dips on Q1 earnings miss
Beer-maker Constellation Brands (STZ) reported an earnings miss, in spite of beating sales expectations for the first quarter of fiscal 2019. Net
Nike pops on earnings and revenue beat; North America returns to growth
Global sneaker giant Nike (NKE) reported above consensus earnings and revenue numbers for the fourth quarter, surpassing the management’s expectation of high
Kroger customers, your grocery delivery is coming in robo-cars
The automation fad is catching up fast in the retail sector where the leading players keep on innovating to fight competition and
Amazon swallows online pharmacy PillPack; gives a bitter pill to other drug store firms
Amazon (AMZN) inked a merger agreement with online pharmacy PillPack for an undisclosed amount. This deal, which is expected to close during
Bed Bath & Beyond Q1 comps dip, reports in line earnings
The US home decor retailer Bed Bath & Beyond (BBBY) reported a beat on the top line results, while posted in-line bottom
Rite Aid swings to profit in Q1 on one-time gains
Drugstore chain Rite Aid (RAD) swung to profit in the first quarter owing to one-time gains from the sale of its stores.
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 financial performance,
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 that technology
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 manufacturing set-up.
Sonic tops Q3 earnings estimates; misses on revenue
Oklahoma based drive-in fast-food restaurant chain, Sonic Corp (SONC), surpassed third quarter adjusted earnings estimates, while missed slightly on revenue targets. Revenue
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 small part
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 own 2014-model
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 healthcare business
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 2.09%, respectively.
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 are left