Elon Musk’s not-so-Boring plans
The Boring Company is an infrastructure initiative owned by Elon Musk. Despite its unusual name, the company has some very...
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Kraft Heinz: 4Q 2017 earnings snapshot
King of mayonnaise and ketchup, The Kraft Heinz Company, posted its fourth-quarter results Friday with net sales inching 0.3% up...
Will Spotify face the music for its unconventional public listing?
Spotify has undoubtedly won the admiration of music lovers, with over 60 million subscribers to date. And now it is...
Walmart Stores Inc. Q4 2018 earnings snapshot
Retail giant Walmart, which is planning to invest in Flipkart, an India-based e-commerce company, reported its fourth quarter 2018 results...
Albertsons to merge with Rite Aid
Privately-held Albertsons Companies is planning to buy the portion of Rite Aid that is not being sold to Walgreens Boots...
This billionaire has lost faith in the Silicon Valley
Billionaire Peter Andreas Thiel feels it’s finally time to sign off from what had been his home and heart for...
The Home Depot: 4Q 2017 earnings snapshot
Home improvement chain Home Depot reported its fourth-quarter results Tuesday and the company saw a sales jump of 7.5% year-over-year...
Facebook faces $312,000-a-day fine in Belgium till it plugs privacy breach
The hallmarks of top tech companies have long been Innovation and market expansion, ever since the internet boom changed the...
AT&T puts Trump administration in a spot over Time Warner Deal
AT&T and Time Warner have been looking to merge, with their proposal blocked by the Department of Justice recently. The...
Russian metal giant Rusal to get new CEO
World’s second largest aluminum company (by primary production output), United Co. Rusal is on its way to name as its...
Walmart is pretty serious about virtual reality
The energy and zeal Walmart has displayed in competing with rival Amazon over the past few years has been nothing...
The new Fed chief needs to find a balance between growth and inflation
While investors are still trying to come to terms with last week’s monster sell-off, it has definitely set a precedent...
Netflix is amassing creative talent; gets ace producer Ryan Murphy to enliven prime time
There is hardly any business entity whose mass appeal can be matched with that of Netflix. In recent times, the...
Will the soda market ever recover from the drain?
Soft drink giant Coca-Cola reported a 20% fall in revenues in the most recent quarter, hurt by continued weakness in...
The mad rush of millennials to cryptos: Should you join the bandwagon?
According to a recent survey, a third of the country’s novice millennial investors prefer to spend their money in cryptocurrencies,...
From Chicago to China, or not!
The Securities and Exchange Commission (SEC) rejected the proposal for the sale of the Chicago Stock Exchange for $20 million...
The Coca-Cola Company: 4Q 2017 earnings snapshot
Tailing its lover PepsiCo, the red-giant Coca-Cola announced its fourth quarter results on Friday — the week that has Valentine’s...
Swiss giant Roche buys Alphabet-backed Flatiron Health
Switzerland-based pharma giant Roche has agreed to acquire Flatiron Health for $2.1 billion. Roche, a significant investor in Flatiron, will...
Market: US stocks poised to open higher today
US futures are trading higher, pointing to a higher open in the stocks today, after ending yesterday higher. However, investors...
The four great houses of Telecom, Game of Thrones style!
The US telecom industry is now a vast empire, with most of it controlled by four houses. Drawing parallels to...
Has Facebook caught a bug?
Facebook’s two-factor authentication system, or 2FA, seems to be having some sort of a glitch. The 2FA system is supposed...