Toby
Do not write-off Tesla yet; Beijing loves it
While customers were busy cribbing about Tesla’s (TSLA) safety features and investors were chastising CEO Elon Musk for not meeting…
Alphabet is on splurge-mode, and investors are worried
Alphabet (GOOGL) reported better-than-expected first quarter results on Monday and, on prima facie, the results looked impressive. But Wall Street…
Can CEO Lampert save Sears?
There is no doubt that Sears Holdings (SHLD) is struggling to stay relevant. Now CEO Eddie Lampert is hoping to…
Is your data ever safe? Guess who’s more dangerous than Facebook!
“Last weekend I was at the hospital to get my blood pressure checked when a close friend, who had just…
Pfizer’s cancer drug hits FDA roadblock
With the loss of patent protection for its flagship drugs - Lipitor and Viagra - drugmaker Pfizer (PFE) has been struggling…
Hoping to get a better slice of Domino’s this quarter
The last time Domino’s Pizza (DPZ) reported earnings, it was kind of a mixed bag. While the company managed to…
Home Depot goes on a hiring spree to survive in the Amazon era
As Amazon (AMZN) continues its diversification spree – from grocery delivery to pharma – one area that remained relatively unharmed…
Schlumberger profits jump 88% in first quarter
Companies in the energy sector have started rolling out their earnings. And one of the big oilfield service providers Schlumberger…
Mattel chief steps down amidst challenges
Margaret Georgiadis, CEO of Mattel (MAT) — the troubled toymaker mostly known for the iconic Barbie dolls -- has decided…
Shire rejects Takeda’s $60-billion takeover offer
Irish drugmaker Shire (SHPG) has been in the limelight ever since the Japanese giant Takeda made an acquisition offer. The…
Qualcomm opts for mass layoffs as part of cost-cutting plan
Chipmaker Qualcomm (QCOM), which is trapped in the middle of the trade war between China and the US, is slashing…
General Electric finds itself at the center of the Southwest Airlines fatality
Wednesday’s Southwest Airlines (LUV) incident is arguably the first mid-air miracle since the one on the Hudson. However, the first…
P&G ditches Pfizer, picks Merck’s consumer health business
After weeks of offers and speculations, a deal has finally been struck in the consumer health space, though not really…
Starbucks to close 8,000 stores for a few hours to conduct racial-bias education program
The arrest of two black men from a Starbucks (SBUX) Philadelphia café following a white employee’s 911 call, complaining that…
This year will be a litmus test for Netflix
Netflix (NFLX) shares are like its shows: full-on action. The stock received a significant boost after it reported earnings results…
Amazon finds the healthcare space a hard nut to crack
Rumors surrounding Amazon’s (AMZN) foray into the trillion-dollar healthcare market had not only grabbed widespread media attention; it had also…
Twitter outage is trending on Facebook!
Earlier on Tuesday, Twitter (TWTR) went offline for some time. Many users reported that the website and smartphone apps of…
Sanofi nears deal to sell its generic business unit Zentiva
Pharma sector is currently going through a volatile phase with companies shifting business models, either by divesting or swapping their…
Lower first-quarter expenses aid UnitedHealth as it raises full-year outlook
By keeping medical expenses in check despite a heavy flu season, the largest healthcare insurer in the US, UnitedHealth Group…