U.S. Markets News
Nike will sell cheaper self-lacing shoes next year
Nike (NKE) will launch its second-generation hi-tech self-lacing sneakers in 2019 at a cheaper price tag of $350. This was…
Tencent and Netease pops up as China reinstates gaming approvals
Tencent Holdings, the Chinese Internet and gaming conglomerate, and its peer NetEase (Nasdaq: NTES) jumped on Friday following Chinese government’s…
CrowdStrike: The cybersecurity firm you need to watch out for next year
As cyber threats and security breaches increasingly become commonplace, it lays fertile grounds for innovative cybersecurity firms. BlackBerry’s (BB) recent…
PepsiCo North America chief to retire, Frito-Lay and Beverages get new chiefs
PepsiCo, Inc. (PEP) announced today that its North America CEO Albert P. Carey will retire at the end of March…
Market: US futures point to lower open on shutdown concerns
US futures are pointing to a lower open in the stock market today after ending on a negative note on…
Apple rout deepens after Qualcomm wins partial ban on iPhone sales in Germany
The ongoing patent infringement litigation between Apple (AAPL) and Qualcomm (QCOM) took a new turn this week after the latter…
Altria announces minority stake in JUUL and cost reduction plans
Altria Group Inc. (MO) acquired a 35% stake in e-cigarette company JUUL Labs Inc. (JUUL) through a $12.8 billion investment…
Budweiser-parent mulls pot-based drinks, inks JV with Tilray
The world’s largest brewery and the parent company of Budweiser, AB InBev (BUD), has given potheads more reasons to cheer…
Allergan stock plunges to 5-year low after product recall in Europe
Allergan (AGN) suffered a major setback Wednesday after European regulators asked the company to stop the sale of its textured…
GSK teams up with Pfizer to announce major changes to business
GlaxoSmithKline plc (GSK) and Pfizer Inc. (PFE) have decided to combine their consumer health businesses in an all-equity transaction that…