Finance

Gibson, operator of Memphis guitar factory, files for bankruptcy protection

Slash swears by them. Founded in 1894 and based in Nashville, Tennessee, Gibson has the top market share in premium electric guitars. The bankruptcy filing ...


WhatsApp CEO Jan Koum to quit amid reported privacy disputes with Facebook

Facebook has declined SiliconValley.com's request for comment at this time. The inner circle of management - and the Board of Directors - have been fiercely l...


The World's Oldest Spider Has Died At 43

The spider is however not dead because of her age, but because of a wasp sting, the researchers told journalists. Main launched a longterm population study of...


Ford To Stop Making Most Cars, Focus On SUVs And Trucks

The company's stock was up 2.6 percent at $11.40 in after-hours trading. The company is cutting all of its cars, with the exception of the Ford Mustang , to ...


Hardware failure led to Toronto stock exchange shutdown, says TMX

We apologize for the inconvenience. TMX Group sent out an initial tweet warning of the problem shortly after 2 p.m. "TMX is committed to applying the lessons ...


Were Analysts Bullish Mitie Group plc (LON:MTO) This Week?

The rating was maintained by Peel Hunt with "Buy" on Monday, March 26. The stock of Carpetright plc (LON:CPR) earned "Hold" rating by Shore Capital on Thursday,...


Starbucks CEO apologizes for 'reprehensible' arrest of two black men

The employee said there was a number the store could call in case of a situation like a sit-in protest or someone disturbing the peace. The two arrested ...


Asian stocks fall as Treasury yield fans economic growth concern

Alphabet, Google's parent company, slid after it reported greater revenue but also an increase in spending. THE QUOTE: "The U.S. dollar has put on a compell...


Bank of America Corporation (NYSE:BAC)

It has outperformed by 16.63% the S&P500. The stock price value Change from Open was at 0.00% with a Gap of 2.04%. Grisanti Capital Management Limited Liability...


BlackRock (NYSE:BLK) Lowered to "Sell" at Zacks Investment Research

The stock was purchased at an average cost of $573.44 per share, with a total value of $2,214,051.84. About 410,986 shares traded. (NYSE: BLK ). 1832 Asset Mgmt...


Apple Cofounder Is Quitting Facebook Amid Privacy Concerns

For tech-savvy users, the Cambridge Analytica scandal simply encapsulates what privacy activists have been warning about for years. Facebook acknowledged ...


Investors Sell Tesla (TSLA) on Strength After Insider Selling

The stock has performed 14.73% over the last seven days, -11.98% over the last thirty, and -8.50% over the last three months. In terms of the mechanics underlyi...


Will Rusal default on some liabilities due to new sanctions?

The value of Deripaska's aluminium producer Rusal halved in Hong Kong and more than 40% was wiped off the value of his London-listed EN+ as investors took frigh...


Winter Storm Warning, Watch issued for parts of area starting tonight

Thursday. On Monday, New York's Westchester County Board of Legislators held a special meeting on the massive power outages caused by the previous storms, g...


Dow gains slightly as Wall Street weighs Dragon's swift retaliation

The Dow Jones Industrial Average fell 424.69 points, or 1.77 per cent, to 23,533.2, the S&P 500 lost 55.43 points, or 2.10 per cent, to 2,588.26 after hitti...


Fed lifts key rates 6th time since crisis

Fed officials widely expected that the U.S. economy would grow at a faster pace this and next year, driven by fiscal stimulus and improved overseas demand. Spot...


Toyota Suspends US Driverless-Car Tests After Fatal Uber Accident

There were an estimated 40,000 traffic fatalities on US roads a year ago, according to the National Safety Council, and more than 90% of them were caused by hum...


Powell 'Carefully Considering' More Frequent Press Conferences

But U.S. wage growth has remained sluggish and household budgets are tight. But among Fed officials meeting in Washington Tuesday and Wednesday, Powell says...


United makes (another) mistake, flies Kansas-bound dog to Japan

The $125 fee that Robledo paid for her dog to fly in the cabin and the cost of the airfare have been refunded. "My mom was crying". United apologized for ...


Microsoft to Open Datacenters in Abu Dhabi and Dubai

The expansion is the result of customer demand, showing Microsoft is following their money and further pushing to compete with Amazon and Google in the clou...


Google Will Ban Online Ads for Cryptocurrencies and Initial Coin Offerings

Facebook introduced a similar ad ban on cryptocurrencies like Bitcoin and Ethereum back in late January . Alphabet Inc .'s Google LLC plans to ...


Twitter is working to expand its verification to everyone

Twitter's verification process has previously been the subject of controversy after the company reportedly verified white supremacist organizers of the Char...


Goldman CEO Blankfein to step down as soon as year-end

It's a possibility following today's news that Lloyd Blankfein, CEO of Goldman Sachs since 2006, will be retiring as soon as the end of this year . Gary Cohn...


Audi e-tron prototype revealed All-electric SUV previewed in Geneva

The EVision Electric Sedan Concept comes with prognostics controller that forecasts service requirements of key components. It's also designed for full acce...


BJP gets shot in arm with big expansion in the Northeast

National People's Party ( NPP ) supremo Conrad Kongkal Sangma will be sworn in as the Chief Minister of Meghalaya on Tuesday even as the Hill State People's Dem...


Comcast shares end higher as United States business bids for Sky

Comcast said its possible all-cash offer of £12.50 per Sky share represented a premium of 16% on the current Fox terms, which value Sky at £18.5bn. T...


Unions Must Stick to Basics if Janus Decision Goes Against Them

My case, Janus v. AFSCME , will be heard by the court on February 26. A deeply divided U.S. Supreme Court heard oral arguments in a labor union dues case Mon...


Fraud at PNB may cost banking sector much more than Rs 11400cr

Noting the reports about banks clamping down certain impractical rules and procedures for trade finance, affecting both importers and exporters in the wake of t...


Ford North America President Raj Nair Fired For 'Inappropriate Behavior'

There are no current investigations or lawsuits involving Nair, Ford said . As of this writing Thursday morning, no further details have come to light. For...


Sony will form Japanese alliance to build taxi-hailing system

Basically instead of taxis being dispatched manually via a main center, this AI hailing system will use algorithms to determine where to send taxis most efficie...