Category: Business
Oracle Stock Plunges on New Guidance
0Oracle posted earnings that were better than had been expected for the fiscal fourth quarter thanks to customers spending more on cloud services. In extended after hours ...
READ MORE +
Elizabeth Holmes Steps Down at Theranos After Indictment
0Elizabeth Holmes, the founder of Theranos, was indicted this week on wire fraud charges, announced the Northern District of California U.S. Attorney’s office. Holmes and the ...
READ MORE +
Norway’s 1 trillion wealth fund is expected to remove gambling stocks from its portfolio
0The Government Pension Fund of Norway, valued at $1 trillion is the largest sovereign wealth fund in the world. Established in the 1990s, it made large investments in oil and gas ...
READ MORE +
AT&T-Time Warner Merger Approved Without Conditions
0On Tuesday, the $85 billion acquisition of Time Warner by AT&T was approved by Judge Richard Leon in U.S. District Court. The combination of the two will likely spawn more ...
READ MORE +
American Airlines: Fare Increases Possible If Oil Stays High
0American Airlines has warned that airline passengers might eventually have to pay higher prices for their tickets if the price of oil remains high, prompting air carriers to ...
READ MORE +
Vegas Strip Could Loss Millions as Strike Deadline Nears
0Las Vegas is preparing for a possible strike by over 50,000 casino-hotel employees if representatives from 34 casino and hotel properties along the famous strip of Sin City and ...
READ MORE +
Stock Value of Netflix Surpasses That of Disney
0Netflix’s value on the stock market ballooned on Thursday to a new record high of $153 billion and passed that of Walt Disney Co. for just the first time and making it the most ...
READ MORE +
China Cutting Import Duties for Cars After Reaching Truce
0China will lower its import duty for passenger cars to 15% helping automakers like Ford Motor and BMW as the threat of an all-out immediate trade war with the United States ...
READ MORE +
Mercedes Benz Will Make Electric Compact Car to Rival Tesla
0Daimler is investing €500 million equal to $589 million in France to begin manufacturing an electric Mercedes Benz compact car that is in addition to its electric vehicles that ...
READ MORE +
CEO at Bumble Bee Foods Indicted for Price Fixing
0A federal grand jury has indicted the CEO and president of Bumble Bee Foods in California this week on charges that he conspired to fix the prices of packaged seafood that was ...
READ MORE +- 1
- 2
- 3
- …
- 16
- Next Page »