Trump's and the GOP's tax reform agenda is getting a hard push from the president as well as the Senate Majority Leader Mitch McConnell as the two teamed up this week at a hurriedly scheduled press conference to discuss...
The month's long battle between activist investor Nelson Peltz, who wanted a seat in the board at Procter & Gamble, and those who did not want Nelson's team on board for fear that they might push to break up...
Tesla Inc is recalling 11,000 Model X vehicles that were built between October 28, 2016 and August 16, 2017 due to issues with the second row seats."During recent internal testing, Tesla determined that a small number of cables in...
Hyperloop One now has not one but two well-known billionaire industrialists backing it. Sir Richard Branson, founder of the Virgin Group, will be joining the Board of Directors at Hyperloop One. We don't know the terms of the investment,...
Alibaba, the Chinese e-commerce giant, announced today during its cloud computing conference,  that the company will pour $15 billion into research and development over the next three years, covering diverse areas such as Artificial Intelligence, Internet of Things, fintech, quantum...
Well, to be honest, just because it can.Walmart is not just another retailer. It is the world's largest in terms of revenue, which means it is also the largest in terms of the number of goods sold and number...
As the United States' retail wars rage on, every company is already in the "do whatever it takes" mode, slashing prices, enhancing delivery methods, simplifying returns processes, increasing stock keeping units and so on. But what goes on in...
Costco Wholesale Corporation (COST) crushed its fourth quarter 2017 earnings, only to watch its own stock price crushed as a reward from investors. The leading warehouse company in the United States reported stellar numbers during the fourth quarter, easily...
Tesla (TSLA) is in a fix, but it's a problem that any carmaker would kill for. What's going on behind the scenes at Tesla Motors, what are the dynamics impacting the EV market, and can Tesla overcome the challenges...
Is it a coincidence that Amazon's Great Indian Sale just happened to be on the same days that its rival Flipkart announced its Big Billion Days sale? Hardly. And neither is it a coincidence that both deep-discount events opened...
Alphabet, Google's parent company, has gone from strength to strength in the last ten years, growing its revenues from just $16.59 billion in 2007 to $99.27 billion in the last twelve months.Alphabet's phenomenal growth was made possible by the...
The last year that PC sales registered growth was in 2011, when global PC sales grew by 4%. Since then, PC sales have declined and declined, and are still declining. Worldwide PC shipments totaled 61.1 million during the second...
Alibaba (BABA), the Chinese e-commerce giant who we cannot stop comparing to Amazon (AMZN), has done one thing much better than Amazon this year - send their stock price soaring way higher than what Amazon could manage. Alibaba's stock has...
Earlier this Wednesday, the FTC cleared Amazon's proposed purchase of Whole Foods Market, a deal that is valued at $13.7 billion and is expected to be closed by the end of the year.In a statement, Acting Director of the...
Joining Chinese media giant Tencent Holdings and Foxconn Technology Group, Amazon is now an investor in Android co-creator Andy Rubin's smart hardware startup, Essential Products Inc.The investment was part of a $300 million round of funding for Essential, where...