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Amazon Prime Air Closer to Take Off in U.S.

Amazon conducted a test of Amazon Prime Air in the U.S. The online retail giant delivered a small box of sunscreen bottles to a...
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Tesla Inc Shares Bought by Tencent for $1.78B

Tencent Holdings Ltd, a Chinese company, purchased nearly $2 billion of Tesla Inc shares. This represents nearly 5 percent of company. This marks the...
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Sears Holdings Corp Downplays Financial Woes

A Sears Holdings Corp official said predictions of the company's meltdown are based on an incomplete picture. The statement came from Howard Riefs, Sears...
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Toshiba Westinghouse Bankruptcy Moves Forward

Toshiba Westinghouse decided to declare Chapter 11 bankruptcy for its Westinghouse unit recently.  The bankruptcy will take place on March 31. Different sources reported the company...
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Uber Says You Cannot Sue Them

Agreeing to the company's terms of service means you lose the right to sue. Uber claimed the other day in U.S. district court that...
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Samsung Electronics Will Not Change Structure

Samsung Electronics Co Ltd will not change its organizational structure to that of a holding company for now. U.S. activist hedge fund Elliot Management...
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Charter Communications Plans to Invest $25 Billion in US

Charter Communications CEO Tom Rutledge promised the president he would "invest $25 billion in broadband infrastructure and technology in the next four years." But the company...
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POSaBIT: Bitcoin Can Now Buy Legal Cannabis

Bitcoin has come a long way since it was announced in 2009. We have seen the number of users, price and value grow significantly in...
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Toshiba Westinghouse Files For Bankruptcy

Toshiba Westinghouse decided to declare Chapter 11 bankruptcy for its Westinghouse unit. The bankruptcy will take place on March 31. We reported previously, Standard and...
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Petroleos de Venezuela SA Cuts Gas Supplies

Petroleos de Venezuela SA rushed to refill gasoline supplies in Caracas neighborhoods yesterday. The state oil company said the gasoline supplies are returning to...