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MGM Resorts announce restructuring plan to cut costs

MGM Resorts International (NYSE: MGM) on Thursday announced its plan to reduce costs, with it becoming imperative for the S&P500…

2019 might be good for derivatives after a record-breaking 2018 for CME Group

Derivatives marketplace CME Group (CME) on Thursday posted an 18% hike in 2018 average daily volume as it hit a…

2018 sees a new global leader in electric vehicle consumption

Despite their constant push, neither the US nor China could outbid the western European countries as a leader in the…

Dominion Energy adds SCANA Corp into its domain

SCANA Corp on Wednesday completed its assimilation into Dominion Energy (D), with the proposed merger bringing together consumers from Georgia,…

Resolute closes $300-million sale to boost financial flexibility

Resolute Forest Products (RFP) announced that it completed the $300-million sale of the Catawba, South Carolina, paper and pulp mill…

Soaring monthly sales lift semiconductor industry in 2018

Worldwide semiconductor sales soared 9.8% to $37.7 billion in November 2018. However, this was 1.1% lower than the October sales,…

Formlabs: A unicorn that is molding its space in the 3D printing market

Though relatively a newcomer, the 3D printing market holds a lot of promise. Due to the rapidly increasing commercial use…

The cannabis industry is high on deals and partnerships

The marijuana industry may be a relative newbie in the stock markets, but that isn’t stopping it from going on…

JinkoSolar and Schneider Electric join hands to build 55kW solar plant in Egypt

Chinese solar-module maker JinkoSolar Holding (JKS) recently joined hands with Schneider Electric to donate a 55kW off-grid solar project in…

Johnson & Johnson will spend more time in court in 2019

The tainted talc has been snowballing into a gigantic threat since 2016, and things are not looking good as Johnson…

Netflix now gives you the remote to the protagonist’s life

In 1995, American writer RL Stine gave young bibliophiles a new kind of reading experience with his horror series Give…

Happy New Year: Nearly half the US to get a minimum wage hike in 2019

Nearly half the US is getting a better New Year, as 22 states are just days away from raising the…

Indian govt delivers Amazon, Flipkart a rude shock with new e-comm rule

India was perceived as a fertile ground for e-commerce growth by both Amazon (AMZN) and Walmart-owned local rival Flipkart, both…

Apple will rise on the wings of services: Analyst

Apple (AAPL) may have had a difficult year but that’s temporary, feels long-time analyst Gene Munster. Munster on Wednesday predicted…

Disney looks rock solid, thanks to a powerful 2019 theatrical line-up

A couple of weeks back, Disney (DIS) released the first theatrical trailer of Avengers: Endgame and movie buffs can’t stop…

Amazon sells more items than ever before this holiday season

Amazon (AMZN) on Wednesday said it had a record-breaking holiday season, with the number of orders hitting a new peak.…

Thailand legalizes medical use of cannabis, opens up a new region for pot stocks

After Uruguay and Canada, Thailand has now amended its drug law to legalize marijuana for medical purposes. However, unlike the…

Egnyte: The Dropbox-rival that is backed by Google

It might not be surprising if you are unfamiliar with Egnyte. Though 11 years old, the enterprise cloud storage company…

Brexit crisis could hurt UK retailers next year

Retailers in the UK, which are already reeling under pressure due to increased competition from online stores, are heading towards…

Netflix is heading into what could be a very difficult year

So far, it had been a dream run for Netflix (NFLX). The company has benefited immensely for recognizing the potential…

An Apple-Tesla merger could be the shortest route to an iCar

For long, the concept of an Apple car, or iCar, have remained mostly under the covers. But a recent prediction…