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Comcast

Comcast abandons bidding for 21st Century Fox

Comcast will not make another better bid for 21st Century Fox, as the company will focus on acquiring British Sky T. Comcast was engaged...
David Solomon

Goldman Sachs Group appoints David Solomon as new CEO

The US financial company Goldman Sachs Group will appoint David Solomon as its managing director as early as this week. The 56-year-old Solomon will...

Broadcom acquired software company and wiped out 19 billion USD of its market value

One of the world's largest chip makers Broadcom wiped out nearly 19 billion USD of its market capitalization for a day after announcing a...
Wells Fargo

Wells Fargo posted worse than expected finance report in Q2 2018

Wells Fargo posted worse than expected finance report in the second quarter of the year amid continued attempts by one of the largest US...
Citigroup

Citigroup reported better-than-expected earnings in Q2 2018

The US bank Citigroup reported better-than-expected earnings in Q2 2018, although the revenues for the period were slightly below forecast. The earnings per share...
Tesla

Tesla has achieved the key 200,000 deliveries of electric cars

Tesla reached a key achievement in the supply of electric cars produced by the company, which will lead to a federal tax credit reduction...
JPMorgan Chase

Profit of JPMorgan Chase in Q2 2018 exceeded Wall Street’s expectations

The profit of JPMorgan Chase in Q2 2018 exceeded Wall Street's expectations, backed by higher trading revenues and rising demand for loans. The US...
Johnson baby product

Johnson & Johnson sentenced to pay 4.7 billion USD compensation over talc cancer claim

Missouri Court ordered the cosmetic giant Johnson & Johnson to pay a record 4.69 billion USD compensations to 22 women, who accused the company...
Harley-Davidson

Steven Mnuchin doubts that Harley-Davidson wants to move its production because of the duties

The US Treasury Secretary Steven Mnuchin has doubts about why Harley-Davidson's production has been outsourced outside of the country. According to him, the company's...
apple fund

Apple creates a clean energy fund for China worth 300 million USD

Apple established 300 million USD fund for clean energy in China with 10 of its suppliers, expanding the technology giant's commitment to a country...

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