Kroger gobbles up Home Chef in second acquisition of the week
There is no denying that Kroger (KR), the grocery store chain, has suddenly emerged as a formidable player in the...
Ross Stores stock drops on weak outlook despite upbeat quarterly results
Off-price retail apparel operator Ross Stores (ROST) reported a 30% jump in earnings for the first quarter helped by higher...
Gap slips on Q1 earnings miss
Clothing retailer Gap Inc. (GPS) posted better-than-expected top-line in the first quarter, while the bottom-line missed expectations. The stock dropped...
Autodesk shares plunge 5% on weak outlook
Autodesk (ADSK) reported its first-quarter results after the closing bell. The quarterly results topped analyst estimates both on revenue and...
Think before returning items to Amazon, you may avoid a lifetime ban
One of the proclaimed policies of Amazon (AMZN) is to “be patient” with customers. Now, shoppers who so far enjoyed...
Uber crash: NTSB confirms the victim was detected before the mishap
As per the preliminary report released by the National Transportation Safety Board (NTSB) on Thursday, the self-drive Uber car, which...
Hyperloop – a global race to jackpot
Hyperloop is a hot buzzword right now and if you haven’t been living under a rock, chances are you have...
Apple turns to Volkswagen for driverless cars
Apple (AAPL) is nearing to fulfill its dream of creating self-driving cars by joining hands with Volkswagen after being ignored...
Netflix steals the show as cord-cutters shun Comcast
Netflix (NFLX) has added one more feather to its hat, proving once again it is on an unstoppable path. The...
GDPR is a shadow monster that can hunt down US firms
The deadline for companies having operations in the European Union (EU) to comply with the General Data Protection Regulation (GDPR)...
Visa strengthens hold in the Caribbean as YellowPepper receives $12.5-million funding
Latin American fintech firm YellowPepper, which provides mobile payments solutions in the region and the Caribbean, received an addition funding...
German automobile shares tank on US tariff fears
Brace yourselves, for your dream of that German supercar just got dearer. The shares of German autogiants Daimler, BMW, and...
Best Buy stock slips on weak guidance, despite upbeat earnings
Best Buy’s (BBY) first-quarter earnings got a boost from broad-based revenue growth, aided by positive comparable store sales across all...
Upbeat quarterly results lift Medtronic shares
Medical device company Medtronic (MDT) posted better-than-expected fourth quarter earnings, sending its shares up. Earnings during the quarter came in...
L Brands reports 8% jump in revenue; stock slips on weak guidance
The Columbus-based retailer L Brands (LB) reported a 7.7% increase in net sales, while earnings plunged almost 50% year-over-year to...
Uber reports 67% jump in Q1 revenue and trims down losses
Ridesharing company Uber Technologies revenue in the first quarter jumped 67% year-over-year to $2.5 billion and adjusted loss improved to...
NetApp shares fall despite upbeat 4Q results
NetApp’s (NTAP) fourth quarter revenue and earnings topped Street estimates. Net revenue of $1.64 billion, surged 11% over the prior...
Tension lingers even after US-China talks ease trade war fears
Wall Street Investors who were divided in their opinion on the merits of the trade sanctions imposed by President Trump...
Will Comcast win the bidding battle against Disney and grab Fox’s assets?
Comcast (CMCSA) is engaging in a bidding war with Walt Disney (DIS) by proposing a higher, all-cash superior offer for...
Deutsche Bank looking to cut around 10,000 jobs
Deutsche Bank (DB) is planning to cut nearly 10,000 jobs as part of its efforts to reduce expenses. The job...
Apple may launch three iPhones with 7nm chip this year
Apple’s (AAPL) upcoming iPhone models this year would have an A12 chip with 7-nanometer design instead of the current 10-nanometer...