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Business News

Haunted by wildfire lawsuits, PG&E faces fresh trouble after California fire

Rarely do businesses get so severely rattled by accidents as Pacific Gas and Electric Company (PCG) did after the California…

Microsoft is on a mission to make AI accessible to all

It seems artificial intelligence is the latest fad for Microsoft (MSFT), with most of the company's expansion initiatives this year centered…

Cisco stock gains after Q1 results beat on broad-based growth

Another impressive performance by its key business segments pushed up Cisco’s (CSCO) revenues in the first quarter, defying the challenges…

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…

Tilray stock falls after Q3 loss widens despite revenue growth

Tilray, Inc. (TLRY) reported a net loss for the third quarter, hurt by higher operating costs. Analysts had forecast a wider…

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.…

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…

Snap content head quits amid turnaround efforts

A lot has been happening at Snap (SNAP) these days, at a time when the social media app is struggling…

Earnings preview: Market pins hope on new CEO for JC Penney’s turnaround

Shareholders of JC Penney (JPC) have waited for a long time looking for signs of improvement, but disappointment lingered as…

Earnings preview: NVIDIA to put up a good show in Q3 despite crypto slump

While NVIDIA (NVDA) continues to thrive on the strength of the cryptocurrency and gaming industries, the faltering enthusiasm among crypto…

A bleak future awaits e-cig brands as the hype proves to be flawed

The safety of e-cigarette has been a point of contention ever since it was made popular by people who are…

Strong earnings growth in cards as Cisco gets ready for Q1 report

Cisco Systems (CSCO) will be reporting its first-quarter earnings on November 14 after the closing bell, and the network solutions…

Adient Q4 earnings fall on higher costs, despite revenue growth

Adient plc (ADNT) Friday reported a decline in fourth-quarter adjusted earnings, hurt mainly by higher operating costs. Revenues, meanwhile, increased…

Yelp stock plunges after Q3 revenues miss estimates

Yelp Inc. (YELP) Thursday reported higher earnings and revenues for the third quarter, but the top-line missed estimates. The company’s…

Broad-based revenue growth lifts Disney’s Q4 earnings; stock gains

Entertainment conglomerate Walt Disney Company (DIS) reported strong earnings growth for the fourth quarter when revenues rose sharply with contributions…

Coca-Cola confirms energy drink launch as the Monster spat intensifies

On Thursday, The Coca-Cola Company (KO) confirmed its plans to launch two energy drinks under the brand Coca-Cola, in a…

Cloud hosting made hassle-free, thanks to Cisco’s hybrid solution for AWS

Cisco (CSCO) is developing an innovative solution in association with Amazon Web Services (AWS) to simplify the process of deploying…

Monster Beverage stock falls on strained Coca-Cola deal, despite Q3 beat

Shares of Monster Beverage (MNST) fell sharply after it hinted at a crack in its relationship with rival and partner…

Take-Two Interactive rebounds in Q2 on stable demand; stock gains

Gaming company Take-Two Interactive (TTWO) turned to profit in the September quarter from a loss last year, aided by a…

Roku stock falls despite better-than-expected Q3 results

Shares of Roku Inc. (ROKU) fell sharply Wednesday despite the TV streaming platform reporting a narrower net loss and higher…

Mark Zuckerberg is busy tackling Russian hackers; declines to meet UK lawmakers

While Facebook (FB) chief Mark Zuckerberg has every right to think he has done his bit by plugging the social…