Kohl’s Corp posts upbeat first quarter results
Kohl’s Corporation (KSS) reported a 3.5% increase in total revenues to $4.2 billion for the first quarter of 2018. Comparable...
Uber plans to partner with local firms to roll out app in Japan
Uber, which has been fighting off Google products and rival Lyft, is headed to the land of Pikachu and ramen...
Adobe Systems agrees to buy Magento Commerce for $1.68 billion
Adobe Systems Inc. (ADBE) is planning to acquire e-commerce services firm Magento Commerce for $1.68 billion. The closure of the...
From real to reel: Netflix ropes in the Obamas to produce shows
This could undoubtedly be the mother of all deals in the video streaming industry. Netflix (NFLX) once again proved it...
China is currently ahead of the US in the 5G race
All the hype about 5G is reaching a fever pitch. 5G or the fifth generation of wireless networks is faster...
Soon after Hilton exit, Blackstone grabs LaSalle Hotel for $4.8 billion
Three days after ending an 11-year association with Hilton Worldwide Holdings (HLT) by divesting its remaining stock in the hotel...
NextEra Energy inks a deal to acquire certain assets of Southern Company
Energy producer NextEra Energy (NEE) has agreed to acquire Southern company’s (SO) some assets including Florida City Gas, Gulf Power...
Microsoft acquires Semantic Machines to boost AI capabilities
The ever-increasing prominence of artificial intelligence gets another push from Microsoft Corp.’s (MSFT) purchase of AI start-up Semantics Machines in...
GE to merge transportation unit with Wabtec
General Electric (GE) has agreed to merge its transportation unit with rail equipment manufacturer Wabtec Corp. (WAB) in a deal...
Airliners are boarding this summer with caution
Brace for impact; the aviation sector is cruising into the busy summer season with fuel prices soaring at a higher...
Fifth Third Bancorp to buy MB Financial for $4.7 billion
Broadening its presence in the regional markets further, Fifth Third Bancorp (FITB) agreed to acquire MB Financial (MBFI) in a...
US households struggle to make ends meet
A large number of US families are still struggling to make ends meet despite favorable employment and economic trends. A...
Cambridge Analytica succumbs to data scandal; files for bankruptcy
There are many examples of thriving businesses getting embroiled in scandals that ultimately spoil their financial prospects, but rarely well-established...
Fox News appoints Suzanne Scott as its first female CEO
Suzanne Scott has been named Chief Executive Officer of Fox News and Fox Business Network. Scott, who was in charge...
The world’s first ‘holographic smartphone’ is coming to AT&T, Verizon
The much awaited — and profoundly mysterious — Google (GOOGL) Android offering of the year, the Red Hydrogen One, is...
Head of flying taxi program Jeff Holden is the latest to leave Uber
The deepening chaos at Uber, both in operations and governance, gives the impression that the company is struggling to cope...
Amgen stock increases as its new migraine treatment won FDA approval
People who experience frequent migraine headaches may soon find relief with the help of a new drug ‘Aimovig’ that won...
Market: Stocks to open higher with trade talks in spotlight
US stocks are set to open higher after ending in red on Thursday, as investors kept a close watch on...
Costco’s rival BJ’s Wholesale Club to reenter public market
The membership-based warehouse operator BJ Wholesale Club, which competes with the likes of Costco (COST) and Sam’s Club, is all...
Campbell Soup reports market-beating third quarter earnings
Campbell Soup Company (CPB) reported a 15% increase in sales to $2.12 billion for the third quarter of 2018, helped...
PayPal agrees to buy iZettle for $2.2 billion in the biggest acquisition till date
PayPal Holdings Inc. (PYPL) agreed to buy European payments services provider iZettle for $2.2 billion. The deal, which is expected...