Troubled Goldman Sachs in retrospective mode as CEO exits
Invest banking firms in the US witnessed an unusual fragility in bond trading last year, and most of them were...
Finance
Exchange Traded Funds you should not miss in 2018
The investment landscape has been witnessing a mass migration of investors from hedge funds and mutual funds to more secure...
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...
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...
Macy’s makes a stellar comeback
Department store chain Macy’s has finally woken up from a sales stupor, posting a gain in sales for its fourth...
Nuggets from the buffet: Warren Buffett’s words of wisdom from 2017 annual letter
It’s that time of the year when investors and fans across the globe eagerly await to hear from Warren Buffett....
Martin Shkreli bitten by Karma; Held liable for investor losses
Martin Shkreli’s notorious brilliance in pumping up the price of Daraprim, an antiparasitic drug, by 5,000% had earned him the...
Comcast threatens Fox with a $31-billion offer for Sky
The takeover of European broadcaster Sky has both action and drama that promises to grab the attention of many an...
AT&T loses case to FTC over regulation loophole
A federal court has issued a ruling which hopes to put to rest a case that seems to have been...
New home sales take a beating from high mortgage rates, bad weather
Ripples of the lackluster activity witnessed in the housing sector during the final weeks of last year are yet to...
Fitbit steps up to a better position but fails to impress the market
Fitbit, back to grab the wearable crown from the likes of Apple and Samsung, was in very good shape last...
Fitbit Inc: Q4 2017 Earnings Snapshot
Leading wearables maker Fitbit (FIT) reported flat fourth quarter revenues of $571 million vs. prior year period. On a GAAP...
Netflix customers will stay loyal despite price hike, finds survey
Gone are those days when people used to bicker over price hikes of products and services, at pubs or gatherings....
$190 refund for Citi credit card customers
Attention Citibank credit card holders – some of you lucky ones are going to get around $190 refunded! The New...
Fiat Chrysler to ditch diesel; Phase-out by 2022
Vin Diesel might still have a place in people’s hearts, but it looks like this once-popular petroleum-based fuel has lost...
Geely bets big on Daimler
Privately-owned Chinese automobile company Zhejiang Geely Holding Group, or Geely, has made a $9 billion investment in Daimler. This adds...
Ford names new North American head after exit of executive; undergoes management shuffle
Ford Motor has appointed Kumar Galhotra as President of the North American operations in place of Raj Nair who is...
Curse of the pigs? Angry Birds maker sees worst selloff since IPO
Rovio Entertainment, the force behind the ever-so-popular Angry Birds game, is however losing its popularity among investors. This comes after...
General Mills gets its fill of Blue Buffalo
Blue Buffalo Pet Products will now have a new home at General Mills. The consumer-foods giant plans to buy the...
Double delight for Hewlett Packard
Back in 2015, when Hewlett Packard Company split into HP Inc. and Hewlett Packard Enterprise, the separate results then painted...