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Oracle In Record Highs As Cloud Business Takes Off

Oracle In Record Highs As Cloud Business Takes Off

Oracle’s foray into cloud computing continued to gain momentum resulting in growth in revenue for the fourth quarter in a row. Total sales for the enterprise software maker easily exceeded estimates by analysts and this sent the... 
Walmart To Acquire Bonobos As It Accelerates Online Push

Walmart To Acquire Bonobos As It Accelerates Online Push

Walmart has announced that it is acquiring Bonobos for a price of $310 million in a cash deal. Bonobos is a hip clothing brand and will help Walmart diversify its apparel offerings since it concentrates on low cost clothing rather... 
Aldi To Invest $3.4 Billion In US Expansion

Aldi To Invest $3.4 Billion In US Expansion

If you have not yet heard about the low-cost grocery chain Aldi, your awareness should soon change. The German-based company has just said it plans to invest $3.4 billion to add another 2,500 store3s across the United States. This... 
Uber Reveals That Its Sales Figures Grew Faster Than Losses

Uber Reveals That Its Sales Figures Grew Faster Than Losses

Despite not being required to publicly announce its finances since it is privately held, Uber has revealed that sales grew faster than losses. This comes as the ride-hailing company tries to put behind a recent wave of scandals. In... 
Musk Tells Off Disgruntled Investors Who Are Pushing For More Independent Directors

Musk Tells Off Disgruntled Investors Who Are Pushing For More Independent Directors

A group of investors with a stake in Tesla have called into question the board’s independence. The investors have argued that the Tesla board is suffering from groupthink and doesn’t possess the capacity to stand up to or challenge... 
Will Paul Singer’s Elliott Management Corporation Finalize BHP Proposal?

Will Paul Singer’s Elliott Management Corporation Finalize BHP Proposal?

Hedge fund billionaire Paul Singer wants to overhaul the largest mining company in the world and hopes that his plans to do so will win over his shareholders. Singer’s company, Elliott Management Group, has quite the record of... 
Google Fires Back Against Gender-Based Wage Gap Accusations

Google Fires Back Against Gender-Based Wage Gap Accusations

Google continues to challenge claims from the United States Department of Labor which accuse the tech company of systematically underpaying women: and the company has released information in an attempt to explain just how it measures... 
FDA Approves Supplemental Indications for Gilead Science Hepatitis Drugs Harvoni and Sovaldi To Treat Pediatric Patients

FDA Approves Supplemental Indications for Gilead Science Hepatitis Drugs Harvoni and Sovaldi To Treat Pediatric Patients

Earlier today, Gilead Sciences, Inc announced that the United States Food and Drug Administration (US FDA) has approved supplemental indications for the Hepatitis drugs Harvoni (ledipasvir 90 mg/sofosbuvir 400 mg) tablets and Sovaldi... 
Swedish Start-Up Implants Employees with Microchips

Swedish Start-Up Implants Employees with Microchips

Swedish start-up hub, Epicenter, has initiated a new program which implants workers with microchips that are roughly the size of a grain of rice. These microchips, essentially, function like swiped key or debit cards, opening doors... 
SUVs Hold Strong While Overall Auto Sales Fall

SUVs Hold Strong While Overall Auto Sales Fall

On Monday, major automakers in the United States posted sales figures for March, showing that numbers for the month were notably lower than expectations. Of course, this further highlighted concerns over the wane of the country’s... 
We Live In A Time $65,000 A Year for a Drug Is Celebrated

We Live In A Time $65,000 A Year for a Drug Is Celebrated

High drug prices are nothing new but that does not take away from the surprise every time a drug company announces the price of a new drug. This time, though, two new drugs have recently been cleared for market—with surprisingly... 
J.Crew President Jenna Lyons Announces Departure

J.Crew President Jenna Lyons Announces Departure

There was once a time when J.Crew was the premier clothing company for young adults. And the success of this company was largely a result of the diligence of president and creative director Jenna Lyons. Now, after 26 years, though,... 
Panera Shares Jump on Sale Speculation

Panera Shares Jump on Sale Speculation

While many fast food and casual restaurant chains have been struggling, of late, Panera seems to be doing very well. Indeed, the company has seen steady growth over the past few years and, in fact, is now one of the largest chains...