Business News
Shaken by the tariff wind, Dollar Tree is facing a social issue
The unique business model followed by dollar stores has been quite successful over the years. Most of them have remained…
Record traffic growth may help Delta fly past fuel woes in Q3
Delta’s (DAL) persistent efforts to enhance operational efficiency paid off well in the recent quarters when the airline recorded strong…
Made by Google hardware event: Time to welcome new Pixel 3, Chrome-equipped Pixel Slate tablet and Home Hub
Live updates from the Google hardware event on October 09, 2018. Coverage began at 11:00 AM ET 12:10 PM -…
With new finance chief on board, Starbucks restructuring heats up
While the brand name Starbucks (SBUX) continues to be synonymous with ready-to-drink coffee in most parts of the world, the…
It’s time to look at cryptos from a different perspective
There is no doubt Bitcoin and the many cryptos that mushroomed after its success enjoyed the patronage of some serious…
Streaming partnership with MGM kicks off a new era for Walmart
Walmart (WMT) might not have ever considered diversifying its business to video-on-demand service unless arch-rival Amazon (AMZN) had successfully proved…
Search firm Elastic joins IPO spree; stock doubles on debut day
Open source search engine Elastic is the latest to debut in the American stock markets, joining the many tech firms…
Ford needs extra power to tread the rocky road to recovery
We’ve not been hearing much from Ford Motors (F) in recent times on the innovation front, especially at a time…
Costco Q4 sales beat; stock falls amid warning of ‘weakness’ in financial reporting
Higher sales, both in stores and online, pushed up Costco’s (COST) fourth-quarter earnings, which came in line with Wall Street…
Promising diabetes drug gives Eli Lilly a shot in the arm
Pharma giant Eli Lilly & Co. (LLY) has reported positive results from the mid-stage clinical trial of its new diabetes…
GM races past Tesla in automated driving test, clinches top spot
Tesla’s (TSLA) historic success in its core segments has been an inspiration for the entire industry, and literally every major…
Synnex Q3 results beat street view; stock falls on weak guidance
Benefitting from the stable demand for technology solutions, Synnex Corp. (SNX) registered strong earnings growth in the third quarter, which…
Amazon ‘stealing’ eBay sellers?
While expanding its reach to new markets across the world, Amazon (AMZN) also evolved as the preferred selling platform for…
IPO on cards when Dell moves back to square one
The business fraternity was a bit puzzled when Michael Dell unveiled plans to take his namesake company public once again,…
Homebuilding, CalAtlantic merger boost Lennar’s Q3 results
Real estate firm Lennar Corp. (LEN) reported an increase in third-quarter earnings as strong homebuilding operations and contributions from the…
BlackBerry recovery gains steam; Q2 earnings beat estimates
The ongoing recovery of BlackBerry (BB), the once-thriving smartphone maker, gained momentum in the second quarter when the technology company…
Earnings preview: With recovery on track, BlackBerry looks future perfect
BlackBerry Limited (BB), the once-thriving smartphone maker, is passing through a crucial phase of its transition to an IT solutions…
Qualcomm sees a long-term partner in Apple despite disputes
The infamous legal clash between tech majors Qualcomm (QCOM) and Apple (AAPL) reached the tipping point this week after the…
Accenture Q4 earnings beat street view; hikes dividend by 10%
Sustained demand for digital and cloud products pushed up Accenture’s (CAN) revenues in the fourth quarter. As a result, earnings…
Bed Bath and Beyond sinks on weak comps, earnings miss
Bed Bath and Beyond (BBBY) once again disappointed investors this week by reporting dismal results for the second quarter, marked…
It’s time for Accenture to reap the dividends of digital push
Accenture (ACN) is one of the rare Wall Street firms that consistently remained resilient to the growing competition in the…