Will Tesla file for bankruptcy?
Tesla (TSLA) is facing tough times ahead as the automaker’s aggressive Model 3 production strategy in meeting deadlines failed as...
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Your next iPhone might have touchless control, curved screen
According to a new report, your next iPhone could be controlled by hand gestures, a feature that would do away...
Automakers end March on a high note amidst looming tariff headwinds
For the automobile industry, March was an eventful month that witnessed a series of developments ranging from new product launches...
Tit-for-tat response from Beijing sets the stage for full-blown trade war
Though it was widely expected, China’s decision to impose trade tariffs on US products has triggered concerns that the international...
Alibaba digests Chinese food delivery platform Ele.me
Marking yet another huge deal, Alibaba Group (BABA) said it would take over food delivery app Ele.me for an estimated...
CME Group buys UK-based NEX to create futures exchange behemoth
The first quarter of the year saw a slew of consolidation activities happening in the business world, making it one...
Movado beats revenue and adjusted profit expectations for Q4
Watchmaker Movado Group’s (MOV) revenue and adjusted profit for fourth quarter 2018 beat analyst expectations. However, the company swung to...
Caterpillar might crawl out of metal tariff stomping
After coming out of 2017 as the second best performing Dow component, Caterpillar (CAT) had somewhat a troubled ride this...
Apple is headed back to school with a smart mission
Apple (AAPL) CEO Tim Cook is an avid exponent of value-based entrepreneurship, an idea he has propagated quite often. Cook,...
Yeti fails to stay cool, abandons IPO plans
The IPO market is pretty busy these days with all the activity from Dropbox (DBX), Spotify, Zscaler (ZS) and a...
Commercial vehicle makers shift to over-drive amid tariff blues
One of the major concerns triggered by the import tariffs rolled out by the government is its impact on the...
Red Hat posts strong quarterly and full-year revenues
Red Hat reported solid growth in total revenues and subscription revenues for Q4 2018 and full year 2018. Quarterly results...
Engineering a mega breakup to ‘fix’ GE
“We have a long-term plan. We have a lot of work to do,” said John Flannery a few months after taking...
Analytics products help FactSet to report 14% revenue growth in Q2
Financial data and software company FactSet (FDS) reported splendid revenue growth for the second quarter of 2018, driven by increased...
Dropbox outshines in Level 1; But Level 2 is tougher
After two weeks of blunders and scams – thanks to Facebook (FB) and Uber – the tech space ended Friday’s...
Last shot for Remington as gunmaker files for bankruptcy protection
Remington filed for Chapter 11 bankruptcy protection after two centuries in the gun manufacturing business. The country’s oldest gun maker...
What if Musk’s hyperloop fails?
A few days back Elon Musk shared a video of the ‘loop’ transit system’s prototype on his social media account....
Uber sells Southeast Asia business to Grab
Uber has agreed to sell its Southeast Asian operations to Singapore-based competitor Grab, signaling its departure from a key market....
Micron reports Q2 2018 earnings; sales grew 58% to $7.35 billion
Semiconductor company Micron Technology (MU) reported positive top and bottom line results for the second quarter of 2018. Revenue climbed...
Tesla gets shareholders’ nod for Elon Musk’s pay hike
Shareholders of Tesla (TSLA) have authorized a hefty pay package for CEO Elon Musk, but with strings attached. The $2.6...
Accenture reports double digit revenue growth; earnings benefit from US tax code
IT services provider Accenture (ACN) reported positive top and bottom line results for the second quarter. Revenue climbed by 14.9%...