Toshiba Issues $5.4 Billion in New Shares to Investors Overseas
Walmart Keeping Pace With Amazon During Third Quarter

Walmart Keeping Pace With Amazon During Third Quarter

It is no easy chore trying to unseat e-commerce behemoth Amazon as the biggest online player. It might just be impossible to do, but Walmart it doing all it can to succeed. One Wall Street analyst said Walmart will not become Amazon,... 
Amazon Cuts Whole Foods Prices as Holidays Approach

Amazon Cuts Whole Foods Prices as Holidays Approach

This week Amazon.com announced that it would offer additional discounts and steeper cuts in prices at its Whole Foods Market for many groceries and organic foods that are popular during the holiday season. Amazon’s plan was released... 
Tencent Profit for the Third Quarter Surges

Tencent Profit for the Third Quarter Surges

Tencent Holdings Ltd. the internet giant based in China posted a jump of 69% in net profit for the quarter, easily beating Wall Street estimates, thanks to strong revenue growth from its games on smartphones and payment services. Net... 
Home Depot Comparable Sales Smash Estimates on Wall Street

Home Depot Comparable Sales Smash Estimates on Wall Street

Quarterly sales of same-stores at Home Depot crushed analyst estimates, thanks to the home improvement retailer experiencing an increase in customer transactions, and shoppers have been on average spending more in its stores. Following... 
The Damage Climate Does The Health of Millions of People

The Damage Climate Does The Health of Millions of People

Evidence that climate change is already having a profound effect, which is also detrimental to public health, is becoming more and more difficult to ignore. Warmer temperatures throughout the world are creating complications and bringing... 
SoftBank to Invest Billions of Dollars with Uber

SoftBank to Invest Billions of Dollars with Uber

Japanese technology giant SoftBank reached an agreement with ride-sharing startup Uber to make an investment in the billions of dollars. Uber Technologies confirmed the investment during a statement made Sunday but did not release... 
Nordstrom Returns to Profit, Sales Numbers Disappoint Investors

Nordstrom Returns to Profit, Sales Numbers Disappoint Investors

Nordstrom posted a profit for the third quarter of $114 million compared to posting a loss for the same period one year ago, but the operators of upscale department stores saw a drop in a key sales metric and cut its outlook for profit... 
AT&T and U.S. Regulators at Odds Over Deal for Time Warner

AT&T and U.S. Regulators at Odds Over Deal for Time Warner

Antitrust regulators in the U.S. and AT&T held tense discussions on Wednesday over whether the second largest wireless carrier in the U.S. would have to sell CNN a Timer Warner cable network as one of the conditions of receiving... 
Snapchat Weak Ads Sales and User Growth Prompts Redesign

Snapchat Weak Ads Sales and User Growth Prompts Redesign

One of the biggest complaints users have about video messaging app Snapchat is that it is confusing. On Tuesday, Snap, Inc. the parent company of Snapchat finally conceded that, that must change. Still reeling following the third straight... 
Uber and Rivals Join Forces to Stop Regulation in Brazil

Uber and Rivals Join Forces to Stop Regulation in Brazil

Uber Technologies has formed an alliance of unprecedented proportion in Brazil with other companies offering ride-hailing services including 99 it biggest rival in the country, in an attempt to win support of the public to block new... 
Truck Companies in U.S. Going Through Merging Trend

Truck Companies in U.S. Going Through Merging Trend

The consolidation of the trucking industry in the U.S. is increasing in speed, with large trucking companies along with private equity firms absorbing smaller firms as a regulatory mandate in the country will go into effect while drivers... 
Apple Blasts Past the Street With iPhone 8 Help

Apple Blasts Past the Street With iPhone 8 Help

The priciest smartphone in Apple’s lineup has barely reached store shelves, but the anticipation did not stop consumers from handing over their money. Apple posted its quarterly earnings Thursday that were far above Wall Street expectations... 
Kraft Heinz Comes Up Short of Estimates

Kraft Heinz Comes Up Short of Estimates

Kraft Heinz Co just missed expectations on Wall Street for sales during the third quarter and warned that it would be hurt during the fourth quarter by many consumers in the U.S. working through emergency stores from hurricanes. Excluding... 
Largest Publisher of Academic Books Bows to Censors in China

Largest Publisher of Academic Books Bows to Censors in China

Another giant in the publishing world is found to be blocking access in China to academic research. Springer Nature, which says it is the biggest publisher in the world of academic books, confirmed that it restricts access to over... 
Under Armour Cuts Outlook for Full Year, Shares Plunge

Under Armour Cuts Outlook for Full Year, Shares Plunge

Under Armour posted revenue for the third quarter Tuesday that came up short of Wall Street expectations due to weaker demand across North America. The athletic apparel and footwear retailer also cut its revenue and profit outlook...