According to an announcement by Kroger Company (KR) on Tuesday, the supermarket chain has begun using unmanned autonomous vehicles for grocery deliveries in Scottsdale, Arizona by cooperating with start-up firm Nuro. Shares of Kroger Company closed lower for a third consecutive trading session in New York on Tuesday. The stock […]

The terms of a proposed deal between Embraer SA and Boeing Co have already been finalized, the Brazilian aerospace manufacturer announced on Monday. Under the agreement, Boeing is to acquire 80% of Embraer’s commercial aircraft and services operations for as much as $4.2 billion. Boeing shares closed lower for a […]

According to an announcement by Alphabet Inc’s Google on Monday, it intends to set up a new campus in New York in the latest effort to boost its presence in the technology corridor along the Hudson River. Google said it would invest more than $1 billion in the 1.7 million […]

A bug has been discovered, which may have affected up to 6.8 million users who input their Facebook login credentials in order to permit third-party applications to gain access to photos, Facebook Inc (FB) said last week. Facebook shares closed lower for the third time in the past twelve trading […]

According to a source with knowledge of the matter, Intel Corp and TPG Capital are in early talks to sell security software firm McAfee to Thoma Bravo LLC, a private equity company. Since negotiations are at an early stage, it is not certain whether an agreement will be reached, the […]

According to an announcement by General Electric Company (GE) on Thursday, its digital unit intends to sell a majority stake held in ServiceMax to Silver Lake, a technology-oriented private equity company. The deal is expected to be finalized in early 2019. However, no financial details of the agreement were disclosed. […]

According to a Tuesday note by Cowen Inc, Amazon.com Inc (AMZN) is expected to achieve a 17% annual revenue growth during the upcoming five years. The note pointed to a number of opportunities that would drive revenue and margin growth globally, including in the e-commerce giant’s cloud business as well […]

Verizon Communications Inc (VZ) said earlier this week that it expected to incur a charge of $1.8 billion to $2.1 billion during the present quarter in relation with the layoffs it plans. About half of the layoffs, which the company announced on December 10th, are expected to come into effect […]

Lockheed Martin Corporation (LMT) said earlier this week that Kenneth Possenriede had been appointed as its new Chief Financial Officer. Possenriede is to replace Bruce Tanner who will retire in mid-2019, the company said. Lockheed Martin shares closed lower for the sixth time in the past ten trading sessions in […]

GoPro Inc said on Monday that it had begun preparations to move a larger part of its US-bound camera production out of China by the summer next year, as the company seeks to avoid the potential impact from new tariffs. At the same time, international-bound camera production is expected to […]