United Airlines to replace employee bonus with lotto
United Airlines is planning to do away with its quarterly performance bonuses for employees. The airline will replace the employee...
This CEO deserves the Ironman-tag more than Elon Musk
Elon Musk is a great entrepreneur. An excellent visionary. A dominant force in a technologically driven world. It was not...
Microchip joins the consolidation party of chipmakers
We had earlier reported that consolidation in the semiconductor industry appears to be the order of the day. Thanks to...
Market: US stocks to open lower as Trump’s tariff changes worry investors
US futures are pointing to a lower open today after ending mixed on Friday. Investors remained concerned on the recent...
Steel tariff: Is a trade war imminent?
President Trump’s affinity towards the American steel industry is evident from the promise he made during the 2016 election. In...
AIG leans on travel insurance to drive turnaround; signs second deal in 5 months
After weathering multiple headwinds since the massive government-funded bailout nearly a decade ago, American International Group (AIG) is slowly regaining...
Twitter looks to new strategy to tackle its troll-bot disease
Twitter wants to improve its health and it is asking your help to do so. Twitter has for long been...
Facebook to step into music streaming market
During the past few years, the online music industry has been gaining momentum and this can be largely attributed to...
KaiOS sets stage for feature phone vs smartphone clash
At a point of time when even some of the top business executives are criticizing the ill-effects of increased penetration...
Guess who is a Google Cloud customer – Apple!
Yes, you heard that right! Apple is indeed a Google Cloud customer. Many would recall that, back in 2016, there...
US jobless claims at record low levels in nearly five decades
US Labor Department released its weekly jobless claims numbers. The latest data shows that the labor market remains buoyant in...
Survival of rebel stock exchange in peril after patent infringement suit
The rivalry between Nasdaq and IEX Group, the controversial startup stock exchange rolled out some years ago by a former...
Bill Gates on cryptocurrency, Hyperloop and some more
When the world’s second richest man has something to say, you may want to listen. Microsoft co-founder Bill Gates shared...
P&G trimmed $200 million in digital ad costs last year
Procter & Gamble (PG), the world’s biggest marketer, last year raised a few eyebrows after it highlighted how broken and...
Verizon, Straight Path pay massive FCC fine
Verizon and Straight Path Communications paid a $614.3 million fine to the Federal Communications Commission (FCC). The FCC had accused...
Foot Locker Q4 2017 earnings snapshot
Athletic footwear and apparel retailer Foot Locker (FL) reported a loss of $49 million in the fourth quarter. The company’s...
J. C. Penney Company, Inc. Q4 2017 earnings snapshot
J. C. Penney today reported earnings for its holiday quarter, reflecting marginal gains in sales, impacted by lower promotional activity...
Sinclair inches closer to Tribune deal
The much debated Sinclair-Tribune deal is now inching closer to its final stage. According to the latest update, the takeover...
Old Navy keeps Gap Inc. afloat
Gap Inc. reported an 8% increase in total sales for its fourth quarter of 2017 while its same-store sales beat...
Sky, Netflix fire viewers’ imagination with all-in-one bundle pack
Television buffs in Europe couldn’t have asked for more! On the heels of Comcast’s surprise offer to buy the majority...
Dick’s Sporting Goods vows stringent curbs on firearm sale
Even as the need for proper legislation to control gun sales is vehemently debated on various forums, one more firm...