Other Industries
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…
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…
Qualcomm softens stance on merger bid by Broadcom ahead of board meeting
Broadcom’s unsolicited bid to buy rival Qualcomm has been plagued with uncertainties ever since the proposal was made. The deal…
Fiat Chrysler to ditch diesel; Phase-out by 2022
Vin Diesel might still have a place in people’s hearts, but it looks like this once-popular petroleum-based fuel has lost…
Geely bets big on Daimler
Privately-owned Chinese automobile company Zhejiang Geely Holding Group, or Geely, has made a $9 billion investment in Daimler. This adds…
Will NRA finally bite the bullet of public ire?
National Rifle Association finally came under fire last weekend after an online campaign #BoycottNRA picked up steam on Twitter and…
US jobless claims hit 45-year low, beat estimates
The current fiscal year so far witnessed a lot of financial data coming in favor of the economy, and the…
Gun-makers see ballistic pull to divest stock
The mass shooting incident at Marjory Stoneman Douglas High School in Florida has left the country in grief. Debates on…
Garmin sales rise 3% despite weak demand for portable navigation devices
Garmin Ltd, a leading provider of wireless and other technical equipment, reported higher revenues in the December quarter helped by…