HCL Tech net up 13%, IT major betters revenue guidance
Revenue for FY20 to grow 16.5%-17% in constant currency HCL Technologies on Friday posted a 13% increase in its consolidated net profit at ₹2,944 crore […]
Organigram stock soars 35% after earnings and boosts broader cannabis sector
Organigram shares soared more than 35% Wednesday and helped lift the broader cannabis sector higher, after the company’s first-quarter revenue more than doubled and beat […]
Here’s the case for Tesla $6,000
Apple, Microsoft and… Tesla? Ark Investment founder Catherine Wood told CNBC Tuesday she sees TeslaTSLA, +2.49%surging to $6,000 within five years, a move that would […]
Apple could fetch a $2 trillion valuation by the end of 2021, analyst says
Apple Inc. shares have gone on a big run over the past year, but a further rally could be in store for the most valuable […]
Ford says China sales fell, likely to get worse
BEIJING– Ford Motor Co.’s China sales fell for the third year in a row in 2019, dropping to less than half of what it sold […]
Boeing faces another million-dollar FAA fine over faulty 737 Max parts
Federal regulators said late Friday they could slap a $5.4 million fine on Boeing Co. BA, -1.91% for allegedly installing "nonconforming" wing parts on some […]
Olympic Committee details rules for protests, demonstrations for 2020 Tokyo Games
LAUSANNE, Switzerland (AP) — No taking a knee at the Olympics. No hand gestures with political meaning. No disrespect at medal ceremonies. The International Olympic […]
Impossible Foods to add pork and sausage in battle with Beyond Meat
LAS VEGAS — Impossible Foods will add pork to its plant-based menu on Monday, and Chief Executive Pat Brown will not stop there. Impossible Foods, […]
Under Armour shares sink after JPMorgan forecasts a ‘full-price hangover’ that will drag down revenue
Under Armour Inc. stock took a 6.6% tumble after bearish JPMorgan analysts lowered their revenue estimates for fiscal 2020 on continued struggles in North America. […]
7 states where Obamacare is cheaper and works better
In 2019, seven U.S. states tried an innovative experiment to improve the Affordable Care Act (ACA) by operating reimbursement pools, which pay back ACA insurers a […]
Government unlikely to announce capital infusion for PSU banks in Budget
Besides, sources said, banks may also look for divesting or selling their non-core business as part of fund raising exercise during 2020-21. The government is […]
Oil markets warily eye Mideast following U.S. airstrike in Iraq
Top Iran general killed in airstrike: Report Iraq State TV is reporting that Iran’s top general Qassem Soleimani was killed in an airport airstrike in […]
Victoria’s Secret parent and The RealReal are 2020 picks as investors start to ‘play offense’: Wells Fargo
Among Wells Fargo’s top picks for 2020 are L Brands Inc., the parent company to Victoria’s Secret, which is struggling through a turnaround, and RealReal […]
Vedanta mulls bidding for BPCL
Firm may invest $1.1 bn to boost crude output in Rajasthan Anil Agarwal-led Vedanta Ltd. is evaluating a proposal to buy the government’s 53.29% stake […]
Regulating Big Tech was mostly talk in 2019 — expect the same in 2020
They face federal antitrust probes from the Justice Department and Federal Trade Commission, a separate investigation by 47 state attorneys general, the launch of the […]
Are concert tickets too cheap? Ticketmaster thinks so
The last time you bought concert tickets, did you think “These should really cost more”? According to the executive in charge of the country’s largest […]
Uber’s Travis Kalanick is leaving the board, and that’s a good thing, analyst says
The news that Uber Inc. co-founder and former Chief Executive Travis Kalanick is leaving the company’s board effective Dec. 31 is a positive for the […]
Tesla shares cross $420 mark over a year after Elon Musk’s buyout tweet
“Whoa the stock is so high lol,” Musk tweeted on Monday, after Tesla shares crossed the $420 mark. Tesla shares traded above $420 on Monday, […]
Boeing’s Muilenburg had to go after botching the handling of 737 Max disasters, analyst says
The replacement of Boeing Chief Executive Dennis Muilenburg is the right decision, coming after the aerospace company’s botched handling of the disasters involving its 737 […]
Facebook plans to clamp down on disinformation about the U.S. census
SAN FRANCISCO (AP) — Facebook plans to clamp down on attempts to use its services to interfere with the 2020 U.S. census, including the posting […]
Twitter bans fake users linked to Saudi Arabia
Twitter has identified and removed nearly 6,000 accounts that it said were part of a coordinated effort by Saudi government agencies and individuals to advance […]
This is why Disney’s stock may be up despite bad reviews for ‘Star Wars: The Rise of Skywalker’
Shares of Walt Disney Co. rose Friday, and it’s not because critics loved the entertainment giant’s finale of the “Star Wars” saga that debuted Thursday […]
These are 13 of the most overused celebrities in advertising
Stars sell. If you feel like you’ve been seeing Chrissy Teigen and John Legend everywhere for … well, forever, you aren’t mistaken. Turns out, they’re among […]
Want clues about home and real estate trends in 2020? Check out these simple internet tools
Indicators don’t always a pattern make. Every few weeks, most of us who work in financial services must digest a new set of data that […]