Amazon.com, Inc. (NASDAQ:AMZN), the world’s largest online retailer, has penned a deal with India’s largest retailer Future Retail Ltd (BOM:523574) to jointly sell goods online. The companies will first begin with the sale of apparel before going into other commodities. The two economic juggernauts are also expected to partner on marketing the products. The deal…
Google Inc (GOOGL) Planning To Connect Patients With Doctors With Its New Telemedicine Helpout Service
Several tech companies have been making forays into the medicine field by creating gadgets and services meant to make access to health information, diagnoses and consultancy easier. Just recently, information came out that Facebook Inc is secretly working on an online medical support community for its users. And now, the owner of the world’s biggest…
Comcast Corporation (CMCSA) Acquisition of Time Warner Cable Inc (TWC) to Undergo Further Scrutiny
When both Time Warner Cable Inc (NYSE:TWC) and Comcast Corporation (NASDAQ:CMCSA) shareholders overwhelmingly supported the merger of the two companies, many observers thought that the deal was done. However, that’s not the case after U.S. Federal Communication Commission (FCC) failed to issue an approval to the deal, but instead extended the period of scrutiny till…
Gilead Sciences, Inc. (GILD) Wins FDA Approval for Hepatitis C Drug That Costs More Than $1000 a Pill
Gilead Sciences, Inc. (NASDAQ:GILD) has finally secured U.S. Food and Drug Administration’s approval for its Hepatitis C drug. The once-a-day pill is however coming into the market even pricier than Solvadi, which costs $1000 a pill. The drug, which is the first only oral full treatment for the illness is said to cost $1125. The…
Microsoft Corporation (MSFT) CEO Criticized Over Comment That Women Should Not Ask For Pay Raise
Microsoft Corporation (NASDAQ:MSFT) came on the spotlight, but all for the wrong reasons. The software company’s Chief Executive Officer Satya Nadella had made a comment saying that women shouldn’t ask for pay raise, but should wait for their work to be recognized before getting a raise. That comment didn’t go down well with men and…
Tesla Motors Inc (TSLA) Unveils Spiced Up Model S but Falls Short of Exciting Investors
When Tesla Motors Inc (NASDAQ:TSLA) CEO Ellon Musk tweeted about a “D,” Twitter went awash with into a frenzy, with many speculations surrounding what the electric car maker was about to unveil. Thursday evening marked that day, and the company unveiled the “D.” So what’s it? Well, it’s Model S sedan, but this one has…
The Coca-Cola Company (KO) Rises Record High As Investors Go For Stability
The Coca-Cola Company (NYSE:KO) has been posting highs in market trading this week as investors run away from the highly volatile stocks to join the company, which is believed to be stable. The company has recently had financial struggles, but that hasn’t put off investors who feel that the stock is a long term stable.…
Exxon Mobil Corporation (XOM), Apple Inc. (AAPL), Johnson & Johnson (JNJ): Top Stock Holdings of Carnegie Capital Asset Management
Carnegie Capital Asset Management was founded in 1974 as an investment management firm. The firm operates exclusively on fee, meaning it doesn’t accept commissions for investments. According to its most recent SEC 13F filing on October 10, 2014, its primary stock holdings are Exxon Mobil Corporation (NYSE:XOM), Apple Inc. (NASDAQ:AAPL), and Johnson & Johnson (NYSE:JNJ).…
Amazon.Com, Inc. (AMZN) To Establish First Physical Retail Store in New York City
After a whole 20 years operating only as an online retailer, Amazon.com, Inc. (NASDAQ:AMZN) now sets foot into the brick-and-mortar business with the first store to be established in New York City, according to sources on the loop. Critics have however pointed out extra running costs and huge risks as some of the challenges that…
Google Inc (GOOGL) Set to Unveil a Super-Sized Smartphone Codenamed Shamu
The battle lines are drawn, and companies are out to reap big from the high demand for high performance super-sized smartphones, or better still phablets. Google Inc (NASDAQ:GOOGL) isn’t ready to lag behind after companies such as Samsung and Apple Inc unveiled their treats. Sources close to the Android developer have leaked that the company…