Amazon lifts annual prime membership fee by $20
Just a week after Amazon disclosed the eye-catching number of its Amazon Prime membership, the e-commerce giant has decided to...
Walmart sells its struggling UK unit Asda to rival J Sainsbury
Given the changing dynamics of the retail industry, Walmart (WMT) is gearing up to take the lead over other retailers....
Airline companies stare at a burning issue as fuel prices skyrocket
The aviation industry invariably falls on the receiving end whenever there is a financial crisis or geopolitical issue. At a...
T-Mobile, Sprint to create the third great pillar of US telecom
On Friday, we had reported that the T-Mobile-Sprint merger may happen this week, and it’s finally taking off. T-Mobile US...
Banks at risk as tech firms trespass into the financial services territory
Tech firms have become so popular that they are already quite ubiquitous. In fact, they are like The Mad Titan...
Southwest sued by a passenger post the engine debacle
A couple of weeks back, Southwest Airlines 1380 flight, which was flying to Dallas from New York, was forced to...
Market: Strong McDonald’s earnings lift stocks
US stock market opened higher today as seen from major index futures after strong earnings from McDonald’s (MCD). Also, the...
Marriott Vacations buys ILG to create timeshare giant
Taking cue from the renewed uptrend in the hospitality industry, which witnessed frequent turbulence in the latter part of last...
Loews beats earnings estimate in 1Q 2018
First quarter earnings of the commercial property and casualty insurance company Loews Corp. (L) topped analysts’ estimates. Despite net income falling slightly...
Lovin’ It: McDonald’s stock soars on upbeat first quarter
The burger giant McDonald’s Corp. (MCD) reported better-than-expected first-quarter results, helped by an increase in sales-driven franchised margin dollars and...
Botox, Juvederm sales lift Allergan in first quarter
Allergan plc (AGN) reported a 3% improvement in revenues to $3.7 billion for the first quarter of 2018 compared to...
Starbucks earnings fail to impress investors; Stock remains in red
Coffee chain operator Starbucks (SBUX) reported an increase in its second-quarter profit, in line with expectations. However, the company’s shares...
Rockwell Collins reports higher earnings and sales in Q2
Avionics and aircraft parts maker Rockwell Collins (COL) beat profit and sales expectations in the second quarter 2018, bolstered by strong...
Phillips 66 reports first quarter 2018 results
Energy company Phillips 66 (PSX) reported net earnings of $524 million, or $1.07 per share, for the first quarter of...
Market: Stocks fall after slowdown in economic growth
US stock market opened higher today as seen from major index futures, but turned lower following a slowdown in economic...
Square acquires website maker Weebly for $365 million
The small payments company Square Inc. (SQ), developed by Twitter co-founder Jack Dorsey, has been aggressively diversifying itself into new business...
T-Mobile and Sprint merger may happen next week
T-Mobile US Inc. (TMUS) and Sprint Corp. (S) appear to be making progress in their talks for a merger and...
Colgate-Palmolive shares fall on Q1 revenue miss
Consumer products company Colgate-Palmolive Co. (CL) witnessed a 3% decline in its shares during the premarket trading, after the company...
Higher volume, prices fuel Chevron’s earnings beat; Stock gains in early trading
Chevron Corp. (CVX) Friday reported robust earnings growth for the first quarter even as crude oil prices continue to spike....
Charter Communications stock rises after upbeat Q1
Cable services provider Charter Communications (CHTR) reported a rise in first-quarter earnings helped by higher adjusted EBITDA and lower severance-related...
ExxonMobil reports 16% hike in Q1 earnings
Exxon Mobil Corporation (XOM) reported total revenues and other income of $68.2 billion for the first quarter of 2018, up...