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Fiat Chrysler slapped with $105 Million fine for safety issues

Italian-American car manufacturer Fiat Chrysler gets fined $105 million by the US National Highway Traffic Safety Board.

Jul 27, 2015 10:23 PM EDT


Running out of steam: Energy sector is underperformer among all 10 sectors in S&P 500

Market looks to Exxon Mobil, Chevron Crop results this week; Weightage in the index composition eases

Jul 27, 2015 10:11 AM EDT


Major oil companies layoff more employees due to U.S. crude oil price drop

It had been difficult for market commodities this week as U.S. crude oil price dropped down. Major oil companies are addressing this glitch by cutting off jobs extended to engineers and scientists this time.

Jul 27, 2015 9:56 AM EDT


Mutual funds and ETFs are dancing to the tune of Apple's stock

Apple stock's latest drop after results is pulling funds, ETFs lower; Apple with its largest market capitalization is significantly influencing funds, indices

Jul 27, 2015 9:47 AM EDT


All eyes on talks over bailout plan for Greece

Amidst threats from partymates, Greece's prime minister Alexis Tsipiras will hold negotiations with creditors on Tuesday over a third bailout plan.

Jul 27, 2015 9:32 AM EDT


Gold price meltdown continues; poised for further drop

Yellow metal dips below $1,100/oz; Dumping by China further pushing it down while research firms forecast price fall to continue.

Jul 27, 2015 9:14 AM EDT


Flipboard raises new $50M fund for expansion - reports

Flipboard has reportedly confirmed receiving $50 million in new funding. The company is going to use the money on developing the product and the team, according to reports.

Jul 27, 2015 2:43 AM EDT


AT&T meets earnings estimates, clocks $33B revenues in Q2

With 2.1 milliion new wireless subscribers, AT&T's focus on high quality and high speed wireless service is paying off as it recorded 1.4% growth in revenues in the second quarter. Regulatory approval on its $48.5milllion acquisition of DirecTV is expected soon

Jul 24, 2015 5:24 AM EDT


Amazon reports strong Q2 gains, overtakes Wal-Mart in market value

Amazon overtakes Wal-Mart in market value after shares surge on big gains in the second quarter. The online retailing giant expects to further exceed expectations in the third quarter.

Jul 24, 2015 5:12 AM EDT


Walmart takes full ownership of e-commerce site Yihaodian in China

Walmart buys the remaining 49 percent stake in Yihaodian, a Chinese e-commerce website taking full ownership of the company.

Jul 24, 2015 5:07 AM EDT


LeBron James' SpringHill Entertainment teams up with Warner Bros. to produce TV, film and digital content

LeBron James teams with Warner Bros. to produce movies and TV programs. NBA superstar LeBron James announced on Wednesday he is teaming up with Warner Bros.

Jul 23, 2015 11:39 PM EDT


YouTube hires former MTV exec Susanne Daniels to create original content

YouTube announced the hiring of Susanne Daniels, former MTV executive as the vice president for YouTube Originals, to create a more original program content.

Jul 23, 2015 9:47 AM EDT