When 3G and Warren Buffett’s Berkshire Hathaway (BRK.B) got together to merge Kraft with Heinz to form Kraft Heinz (KHC), they argued that they could cut expenses to create a more efficient business. But if today’s earnings–which appeared, at least on the surface, to be pretty good–demonstrated anything, it’s that Kraft Heinz might be running out of synergies to juice....More>>>
Alphabet’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google is best-known for its search engine, but is also home to some big moves in artificial intelligence (AI). Nearly a year ago, Google CEO Sundar Pichai stepped in as the guest writer of Alphabet’s annual founders’ letter and noted:
“… the next big step will be for the very concept of the ‘device’ to fade....More>>>
I expect AT&T (NYSE: T) to perform in line with its peers. I believe there could be further upside from DTV synergies and the Mexican mobile investments as the company’s foray into major Latam markets presents a diversification away from the uncertainties of U.S. wireless competition. I have a $44 price estimate for AT&T, which is about 15% ahead of the current market price.
Shares of Ceragon Networks (NASDAQ:CRNT) fell 11.1% in March 2017, according to data from S&P Global Market Intelligence.
At the end of February, Ceragon shares had posted 234% of gains in the previous 52 weeks. The maker of microwave-based networking equipment had no significant news to share in March, and investors should count themselves lucky....More>>>
(NEWSER) If a company plans to help customers showcase their “local pride,” said company should probably have some basic local knowledge. That might not have been the case with Target, whose series of flawed, Boston-themed T-shirts came under attack this week. ATwitter userwas among the first to draw attention to numerous misspellings (Jamaica Plain is Jamaca Plain, for instance) on....More>>>
Uber driverless Ford Fusions sit in the Uber Technical Center parking lot on September, 22, 2016 in Pittsburgh, Pennsylvania. (Photo by Jeff Swensen/Getty Images)
The self-driving car craze seemed to come out of left field. In just the last few years, the idea that cars could pilot themselves around cities and along freeways went from science fiction to a genuine possibility.
U.S. equities moves lower in rare fashion on Thursday, pushing large-cap stocks down to test levels not seen since late December amid a bid in safe haven assets and weakness in the U.S. dollar following a contentious press conference from president-elect Donald Trump on Wednesday.
In the end, the Dow Jones Industrial Average lost 0.3%, the S&P 500 lost 0.2%, the Nasdaq Composite lost....More>>>
Facebook Inc. (NASDAQ: FB) was worried about this, and so was traditional media. Bogus news sites had more traffic than legitimate ones late in the election cycle, according to a survey done by BuzzFeed:
A BuzzFeed News analysis found that top fake election news stories generated more total engagement on Facebook than top election stories from 19 major news outlets combined.
Singapore's largest property developer, CapitaLand (OTCPK:CLLDY) (CATL.SI) had a pretty good 2017. Helped by improving conditions in Singapore and China, not to mention significant project openings, CapitaLand's local shares climbed 20% and the ADRs did even better.
A power outage hit the CES consumer electronics show in Las Vegas, dimming the lights in one of the main convention halls hosting demonstrations from the likes of LG Electronics Inc. and Samsung Electronics Co.
“There is an isolated power outage at the Las Vegas Convention Center. W
In Lahore and Karachi, American flags were burned in front of TV cameras after President Trump’s decision on Jan. 4 to withhold $2 billion of security aid from Pakistan to punish it for allegedly harboring terrorists. The country’s government issued angry statements claiming no ins