U.S. Markets News
User claims iPhone X exploded during iOS update; Apple to probe the incident
An iPhone X user from Federal Way, Washington, on Wednesday, tweeted that his device emitted smoke and exploded after it…
Faster networks come with bigger challenges as 5G era sets in
Discussions about the telecom sector are incomplete these days with no reference to the fifth-generation (5G) wireless network. The general…
Allergan, Mylan and other generics beam as Pfizer loses patent war in the UK
It was good news for generic drug firms such as Allergan (AGN) and Mylan (MYL), as pharma giant Pfizer (PFE)…
A decade since Lehman collapse, tracking the key executives
It’s been 10 years since the largest bankruptcy filing was made in the history of the country, by Lehman Brothers.…
You’ll soon get Walmart groceries delivered in self-driving Ford cars
Delivery service Postmates Inc will join Ford Motor Co (F) to collaborate and design a service to deliver groceries and…
Starbucks shows the door to its 350 Seattle employees
Starbucks (SBUX) plans to axe its 5% of corporate employees, which includes some senior executives. This layoff would impact around…
Talent acquisition, accessibility key benefits when Amazon moves into dual HQ2
One of the famous quotes by Amazon (AMZN) chief Jeff Bezos goes like this: What’s dangerous is not to evolve.…
Boeing delivers more aircraft in October, but stock slips
Boeing Co (BA) announced that in October, the aircraft maker delivered 43 737 single-aisle aircraft. The growing jet market fueled…
Softbank pours another $3 billion into WeWork
New York-based WeWork said it will receive $3 billion in funding, in yet another investment from its already biggest financier…
With iPhone hype reaching its peak, Apple needs a reality check
The changing order trends at Apple’s (AAPL) component suppliers often trigger speculations about the health of the tech giant’s product…