LG reports record-breaking smartphone sales and impressive profits
With Samsung struggling in the smartphone market and Apple beginning to encroach on the traditionally Android-powered phablet market, LG’s smartphone business is doing pretty well,
Category: Wall Street
Bank of America has agreed to a record-breaking $16.65 billion settlement
Bank of America and the Justice Department have finally reached a settlement, with Bank of America agreeing to pay $16.65 billion to end the federal
Sprint has given up on its attempt to acquire T-Mobile
Sprint, as well as its parent company Softbank, have decided that the regulatory barriers that they would need to overcome to acquire T-Mobile were too
Goldman Sachs downgraded its global equities to neutral
Goldman Sachs downgraded its global equities allocation to neutral on a short-term basis on Friday, even though the brokerage remains overweight stocks for the longer
The CEO of Walmart’s U.S. branch is making a sudden departure
As it grapples with sluggish store sales, Wal-Mart said Thursday that its U.S. CEO is stepping down and is being replaced by the head of
Fox considers selling Sky assets to assist Time Warner merger
Last week, 21st Century Fox confirmed that it had made a formal proposal to Time Warner in June to combine the two companies, a bid
The U.K.’s economy hasn’t just recovered, it’s expanding
The United Kingdom’s economy has finally passed its pre-2008 financial crisis peak and is set to achieve the strongest annual gross domestic product growth rate
J. D. Power Award Winners
Just a few days ago, J. D. Power announced the award winner for 2014. We are all basically familiar with the J. D. Power and