U.S. Markets News
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…
Economic growth slowed quicker than estimated in Q4
Latest data released by the Commerce Department showed that GDP growth decelerated at a slightly higher pace in the fourth…
New Federal Reserve chief bullish on growth
It is typical for financial markets to react when there is a change of guard at the central bank, and…
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…
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…
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…
Netflix customers will stay loyal despite price hike, finds survey
Gone are those days when people used to bicker over price hikes of products and services, at pubs or gatherings.…
Retail war turns virtual with simulated merchandise, digital warehouses
Imagine being able to click photos of an Egyptian pyramid moments after picking your new camera from the shelves of…
Kylie Jenner erased $1 billion from Snap Inc stock value with one tweet
2018, just like its immediate predecessor, has been at its amusing best when it comes to celebrities. And in the…
Stock market correction hints at the beginning of a high-volatility era
So where is the stock market headed after the unexpected crash earlier this month? While the bourses are back on…
Ford names new North American head after exit of executive; undergoes management shuffle
Ford Motor has appointed Kumar Galhotra as President of the North American operations in place of Raj Nair who is…
Curse of the pigs? Angry Birds maker sees worst selloff since IPO
Rovio Entertainment, the force behind the ever-so-popular Angry Birds game, is however losing its popularity among investors. This comes after…
GoPro got famous and went boring
From a humble wrist watch for surfers to the king of action cameras, GoPro has come a long way. However,…
Sinclair to sell stations to win FCC approval for Tribune deal
If there is a book on M&As in the media industry, at least one chapter needs to be allotted to…