Recent Posts

Boeing Co (BA) Bullish On Air Traffic, New Orders’ Annual Forecast

Boeing Co (BA) Bullish On Air Traffic, New Orders’ Annual Forecast

Boeing Co (NYSE:BA) remains bullish on the airline passenger traffic and commercial aircraft sales. According to Reuters, the company’s airline passenger traffic is expected to increase by 6% by the end of 2019. Boeing said that the increased passenger traffic will ultimately lead to aircraft’s increased demand during the year, […]

China and Truck Sales Drive Profit at GM That Beats Wall Street

China and Truck Sales Drive Profit at GM That Beats Wall Street

General Motors Company reported record earnings for the quarter before charges as strong demand for its trucks across North America and increased profit margins within China overcame a drop in revenues. Shares of GM were up 4.5% on the news in trading before the bell on Wednesday. GM posted a […]

Tribune Bid to Acquire California Papers on Hold

Tribune Bid to Acquire California Papers on Hold

A federal judge granted a temporary restraining order that blocked the purchase by Tribune Publishing of newspapers the Press Enterprise of Riverside and the Orange County Register. This move late from Andre Birotte Jr. a U.S. District Judge, comes one day after the Department of Justice in the U.S. requested […]

Air France Managers Escape As Angry Staff Enter Meeting

Air France Managers Escape As Angry Staff Enter Meeting

Managers of Air France fled a Monday meeting about large scale job cuts after angry staff members waving flags and banners stormed into the room, said a group of journalists who were covering the event. The human resources department at the airline and the chief of labor relations Xavier Broseta […]

23andMe Could Be The Next Big Thing In Biopharma

23andMe Could Be The Next Big Thing In Biopharma

Mountain View, California-based startup 23andMe is partnering up with drug giant Pfizer Inc. (PFE) to undertake a study to explore the possible genetic underpinnings of inflammatory bowel diseases (IBDs). 23andMe is a privately held genomics and biotechnology company, and is currently working on a number of research projects on genetic […]

Comcast Responds To Critics Of Proposed Merger With Time Warner Cable With Filing (CMCSA)

Comcast Responds To Critics Of Proposed Merger With Time Warner Cable With Filing (CMCSA)

The proposed merger between Comcast and Time Warner Cable has resulted in a number of critics making public statements opposing the merger. Comcast submitted around 1,000 pages of documents to the Federal Communications Commission detailing how the complaints of many of the critics of the merger were being made out […]

Wynn Resorts, Limited (WYNN) Stock Jumped 7% After News On A Merger With MGM Resorts Surface

Wynn Resorts, Limited (WYNN) Stock Jumped 7% After News On A Merger With MGM Resorts Surface

Wynn Resorts, Limited (NASDAQ:WYNN) stock surged more than 7%. This was after The Street’s Jim Cramer shared on CNBC that there was speculation about Wynn’s merger with its rival, MGM Resorts International (NYSE:MGM). Both casino operators have been under a financial distress due to tumbling operations in Macau, where Wynn […]

Amazon Enlists Top Creative Minds For New Shows (AMZN)

Amazon Enlists Top Creative Minds For New Shows (AMZN)

Amazon has enlisted a number of studio executives and talent to create original content for its Amazon Prime video streaming service. Judith McGrath, the former chief executive of MTV Networks, is on board. Also working on Amazon products is Jill Soloway, an Emmy-nominated director and writer working on the new […]