Bayer looks at global lay-offs and divestments post Monsanto acquisition
German drugmaker Bayer (Frankfurt:BAYGn) on Thursday announced the divestment of many businesses, about 12,000 layoffs and $3.8 billion in impairments....
U.S. Markets News
US stock market overview from AlphaStreet. Get updates on the major US stock exchanges including Dow Jones, NYSE, NASDAQ and S&P.
IPO update: Companies that went public in November
For value investors, there is nothing like investing in a promising new stock immediately following its IPO. In November, a...
Defying tech selloff, Microsoft races ahead of Apple in market cap
A few months ago, Apple (AAPL) achieved an enviable milestone when its market value crossed the $1-trillion mark. However, the...
Is the solar sector a good long-term investment?
Many experts tout solar energy as the most accessible power resource in the future. And China has been ahead in...
Market on alert after Trump’s tariff threat adds to Apple rout
Analysts’ outlook on Apple (AAPL) has never been as dismal as it is now, and the sentiment is turning from...
United Technologies decides to split into three companies
United Technologies Corp. (UTX) completed its acquisition of Rockwell Collins, and the conglomerate now plans to split into three different...
Cyber Monday extends record-breaking retail sales streak
Following record-breaking sales during Thanksgiving Day and Black Friday, Cyber Monday was welcomed with an equally enthusiastic response. According to...
Google faces hefty fines in Europe for GDPR violation
Alphabet Inc.’s (GOOGL) subsidiary Google is facing fresh trouble over GDPR with consumer groups in seven countries threatening to file...
Chinese state paper names Alibaba founder Jack Ma as Communist Party member
China’s richest man, Jack Ma, is a Communist Party member, according to the party’s official newspaper The People’s Daily. The...
Opinion: Facebook may have delayed and denied. But did it collude?
The last thing Facebook (FB) needed at a moment of crisis like this was an article by an established publisher...
New approval system may shake up medical device industry
Despite the vital role medical devices play in the diagnostic process, issues related to their quality often get buried under...
General Motors takes hard decisions on restructuring and job cuts
General Motors Company (GM) is planning a major overhaul of its operations and this involves closing several facilities and cutting...
Seven retail sales trends from the Black Friday week
Initial reports are out on the sales trends from the Black Friday and the statistics are quite appealing, thanks to...
Recovery hopes brighten as Campbell Soup nears deal with Third Point
The future of Campbell Soup Company (CPB) has been hanging in the balance for several months now amidst pressure from...
Goldman Sachs sees good time for commodities post G20 summit
According to Goldman Sachs, oil, gas and base commodities will position themselves as attractive investments as it forecasted a 17%...
JinkoSolar Q3 2018 earnings fall short of market expectations
Chinese solar giant JinkoSolar (JKS) saw third-quarter revenue grow 4.3% to $974.8 million, pushing net profit to $27.5 million or...
Snap needs to win back users fast for its own sake
Snap Inc. (SNAP) reported its third quarter 2018 results almost a month ago, in which the company managed to narrow...
Companies reporting earnings this week: Nov 26 – 30
A slew of major companies are reporting earnings this week. Cloud computing company Salesforce.com (CRM) will announce third-quarter earnings on...
Mastercard, Visa slip after decision to cut controversial fees in EU
Every year, retail merchants witness a sharp increase in the number of electronic transactions during holiday shopping, a trend that...
Crypto losses hit $700 billion as Bitcoin sees worst week
Bitcoin is slipping and how. On Friday, the cryptocurrency and its peers slid marking a 24% decline since Nov. 16...
Massive recall hits over 62,000 Mazda cars in Russia
Mazda has initiated the recall of 62,357 cars sold between May 2006 and November 2014 due to a possible airbag...