U.S. Markets News
Huawei remains in spotlight, but for all the wrong reasons
It seems there is no end in sight for the controversies surrounding Chinese tech company Huawei. While security agencies for…
Companies reporting earnings this week: Jan 14 – 18
A slew of major companies are reporting earnings this week. The third largest US bank, Citigroup (C) will announce fourth-quarter…
Apple is introducing three new iPhones but is that enough?
Apple Inc. (AAPL) is coming up with three new iPhones in 2019, and one of them will be an XR…
GM to take on Tesla in the EV market with Cadillac brand
Cadillac will be General Motors’ (GM) flagship brand for electric vehicles, the company announced in a press release on Friday.…
Weight Watchers stock plunges to yearly low
Weight Watchers International Inc. (WTW) stock plunged to a yearly low of $31.58 on Friday as a weak start to…
Slack likely to make stock market debut this year through direct listing
After building a strong user base, direct messaging app Slack Technologies has been planning to go public for some time…
Accenture chief executive Pierre Nanterme resigns on health grounds
Accenture's (ACN) Chairman and Chief Executive Officer Pierre Nanterme resigned with immediate effect on health grounds. The company appointed CFO David…
Ironman Triathlon organizer Wanda eyes $500 million US IPO
Dalian Wanda Group, a Chinese multinational conglomerate with businesses ranging from property development to cinemas, has confidentially filed for the…
Retail stocks hit hard by dismal holiday sales
As investors continued to punish retail companies after the lackluster holiday season, most of the leading store operators witnessed stock…
Ford announces major restructuring and job cuts in Europe
If it was GM last year, this year it is Ford. Ford Motor Company (F) is said to be planning…