Morgan Stanley Q2 earnings surged
Morgan Stanley Q2 earnings surged, driven mainly by a strong performance in the company’s wealth management operations. The American multinational financial services corporation has...
‘Magnetic graphene’ can switch between conductor and insulator
FePS3 , which scientists sometimes refer to as magnetic graphene, can switch from insulator to conductor, researchers found. The material’s ability to switch occurs...
Premier League revenue rose to a record £4.5bn in 2016-17
Premier League revenue in the 2016-17 season rose to a record £4.5bn, up 25% compared to the previous year, according to a report from...
Amazon looking into adding AR and VR to its physical stores
Amazon is exploring the idea of adding virtual reality and augmented reality to its physical brick and mortar retail stores, part of an effort...
Tesla executive Matt Schwall leaves company and joins Waymo
Tesla executive Matt Schwall has left the company and joined rival Alphabet’s self-driving car unit Waymo.
Schwall served as director of field performance engineering at...
US borrowing ceiling crisis nears, nerves jangle
Pushing the US borrowing ceiling to its limit, including extraordinary measures, is about to become exhausted. According to Treasury Secretary Jacob J. Lew in...
Will Russian sanctions undermine ceasefire hopes?
As the European Union and United States expand their economic sanctions against Russian individuals and companies, will this move undermine the fragile ceasefire and...
Macy’s first quarter earnings exceeds expectations
Retail giant Macy’s posted first quarter earnings that exceeded expectations thanks to double-digit growth in digital sales as well as robust sales at its...
Chinese economic forecast trimmed down
The World Bank’s Chinese economic forecast for 2014 has been reduced from 7.7% to 7.6%. The World Bank describes China’s first quarter of 2014...
Actavis acquires Allergan for $66 billion in cash and stock
Allergan Inc has accepted a $66 billion takeover bid from Irish based Actavis Plc, putting an end to the hostile takeover attempt by William...