Cover Up by Uber of Data Breach Might Bring EU Investigations
Privacy regulators in the European Union will be discussing the massive breach of private data at Uber the ride-hailing startup that was covered up. Next…
Alibaba Makes $2.9 Billion Investment in Sun Art
Alibaba continued its growth into offline retail after the e-commerce giant based in China bought over a third of one of the most prolific Chinese…
Tesla Unveils Its First Electric Semi
Tesla unveiled its latest electric vehicle on Thursday with CEO Elon Musk making a nighttime presentation of its battery powered, close to self-driving semi-truck. The…
Airbus Inks Record Deal with Indigo for $49.5 Billion
Airbus has signed its largest individual deal for $49.5 billion with Indigo Partners an investment firm in the U.S. for 430 planes. Indigo, whose interests…
General Electric Will Focus on Three Units
New CEO at General Electric John Flannery will unveil a plan for the conglomerate that will be focused on three of its largest business units,…
Macy’s Sales Plunge, Results Mixed
On Thursday, Macy’s posted sales that plunged for its most recent quarter, but tight inventory controls were able to give a boost to profit margins,…
Alcohol Risk Cited by Cancer Doctors
The American Society of Clinical Oncology, an association that represents many of the top cancer doctors in the country, is bringing to the attention of…
Altice Enters Wireless Business in U.S. with Sprint
Altice USA has reached an agreement with Sprint Corp that allows the cable operator to sell a wireless service through Sprint’s network. Included in the…
Starbucks Revenue Misses, Selling Tazo Tea
Starbucks revenue missed expectations of analysts when posted Thursday which sent shares down over 3%. The miss on revenue shows the café chain based in…
Earnings at Shopify Beat, But Investors Not Reassured
Shares of Shopify the Canadian e-commerce company fell Tuesday despite earnings that were better than had been expected, as concerns over future growth and a…