Amazon shares rise for third straight week despite Bezos divorce
Shares climbed even as investors processed the potential implications of Bezos’ split with his wife of 25 years, MacKenzie.
GM lifts outlook after plans to cut 15,000 North American workers, stock jumps
The automaker said its decision to cut jobs and close plants will boost its bottom line this year.
Stocks close down after five-day winning streak
Despite the negative close the key equity indexes had a strong week and a strong beginning to the year.
China retailers slash iPhone prices after Apple sales warning
The discounting has been as steep as $118 for the recently launched 64GB iPhone XR.
Carlos Ghosn indicted on two new charges
Ghosn has been detained since his November arrest.
Amazon launches ad-supported streaming-video service
It is the e-commerce giant’s latest effort to grab a larger share of the ad market.
Macy's stock has worst day ever on holiday sales warning
The plunge erased $1.7 billion from Macy’s overall valuation.
Will Jeff Bezos' divorce impact Blue Origin $1B funding pledge?
Bezos has repeatedly said he plans to liquidate $1 billion worth of Amazon stock each year to fuel the space firm's growth.
Bezos divorce clouds his Amazon stake
During the marriage, Bezos amassed a personal fortune while building the world’s most valuable company.
Ford Europe to slash thousands of jobs in turnaround plan
The plan is aimed at achieving a 6 percent operating margin in Europe.
Stocks book 5 straight days of gains, exit correction territory
Trade-sensitive shares led gainers.
Sears chairman submits new roughly $5B bid to save retailer: Report
The bid would be one more chance for the iconic retailer to escape liquidation.
GoPro to pull production of US bound products out of China in 2019
GoPro will continue to produce its product that are for non U.S. markets in China.
Goldman gives Michael Milken 'hero's welcome' as firm lecturer
Goldman's CEO David Solomon brings in Milken as a VIP guest.
Constellation Brands: Cannabis investment will weigh on bottom line in 2019
Constellation initially invested in Canopy Growth in late 2017 and announced it had acquired a larger stake in the Canadian firm last August.
5G wireless spectrum expected to roll out in 2019 and 2020
AT&T, Dish, T-Mobile and Verizon are among the wireless carriers bidding for the millimeter-wave spectrum bands.
Stocks rise on optimism about trade talks
Crude oil prices rose are higher for their eighth consecutive session, the longest winning streak since July 3, 2017.
Apple cuts 1Q production for new iPhones by 10 pct.: Report
The higher price for the new iPhones has been a concern for analysts and consumers.
Samsung appliance prices rose due to US-China trade war
The first 1.2 million imported washing machines were slapped with a 20 percent tariff in 2018 followed by 50 percent tariff on all subsequent imports.
AT&T to lay off unspecified number of workers
A company spokesperson said the cuts would impact a small portion of AT&T's overall workforce.


















