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Blue Apron IPO Coming Soon

Blue Apron IPO Coming Soon

Meal-delivery service Blue Apron has official filed to go public. The company plans to list its shares on the New York Stock Exchange under the ticker symbol APRN. Blue Apron was founded in 2012 and is known for sending recipes,... 
Supreme Court Ruling On Lexmark Patents Victory For Consumer Groups

Supreme Court Ruling On Lexmark Patents Victory For Consumer Groups

The Supreme Court has handed a victory to consumer groups with its ruling that patent rights do not extend to multiple sales of a single product. The case at hand is called Impression Products v. Lexmark. The case focused on... 
McDonald’s Delivery Expanding Across The Nation

McDonald’s Delivery Expanding Across The Nation

McDonald’s (NYSE:MCD) is planning on having its delivery service available in more than 3,500 locations by end of June. That accounts for about 1 in 4 of its U.S. locations. The expansion will more than double the number of... 
Exxon Mobil Loses Fight Over Climate Change Assessments

Exxon Mobil Loses Fight Over Climate Change Assessments

Exxon Mobil (NYSE:XOM) investors have voted to require the oil giant to report on the impact of global measures designed to limit climate change at the annual meeting Wednesday. The resolution was introduced by the New York... 
New York Times Reducing Employee Total

New York Times Reducing Employee Total

The New York Times Company (NYSE:NYT) is taking steps to reduce its employee headcount at the Times by offering buyouts to its newsroom employees. The buyouts are aimed primarily at editors, but reporters and others in the newsroom... 
Goldman Sachs Investment In Venezuela Sparks Criticism

Goldman Sachs Investment In Venezuela Sparks Criticism

Goldman Sachs Group’s (NYSE:GS) recent purchase of $2.8 billion in Venezuelan bonds has resulted in the company having to defend its actions. The bonds were issued by state oil company Petróleos de Venezuela SA in 2014... 
Millions Of Android Devices Infected With Ad-click Malware

Millions Of Android Devices Infected With Ad-click Malware

Tens of millions of Android devices may have been infected with a newly discovered piece of malware used to generate fraudulent ad revenue. Security firm CheckPoint has discovered dozens of Android applications that have been... 
General Motors Accused Of Using Emissions Defeat Devices

General Motors Accused Of Using Emissions Defeat Devices

General Motors Co. (NYSE:GM) has been accused of cheating on emissions-testing with its diesel-powered Chevy Silverado, GMC Sierra, and Cruze Diesel models. The class action lawsuit claims that the company used computer software... 
President Trump’s Budget Takes Aim At Student Loan Programs

President Trump’s Budget Takes Aim At Student Loan Programs

President Trump’s 2018 budget, released Tuesday, proposes considerable changes to federal student loan programs. The budget contains three main proposals aimed at student loans that would apply to loans that were issued on... 
Fiat Chrysler Facing Lawsuit Over Excess Diesel Emissions

Fiat Chrysler Facing Lawsuit Over Excess Diesel Emissions

The U.S. Department of Justice is filing a civil suit against Fiat Chrysler (NYSE:FCAU) for violating the Clean Air Act. The DoJ released an announcement Tuesday stating that they will be filing the lawsuit against the company.... 
Apple And Nokia Reach Agreement In Patent Case

Apple And Nokia Reach Agreement In Patent Case

Apple (NASDAQ:AAPL) and Nokia (NYSE:NOK) have reached a new patent license agreement and have signed a new business deal, ending its legal battle. Nokia’s Chief Legal Officer Maria Varsellona said, “(The agreement)... 
Big Changes Coming To Federal Student Loan System

Big Changes Coming To Federal Student Loan System

Students at colleges and universities will soon see changes to how their federal student loans are managed. A plan recently announced by the Education Department is intended to simplify a federal student loan servicing system... 
Uber Engineer Levandowski Under Fire Over Court Order

Uber Engineer Levandowski Under Fire Over Court Order

Uber has threatened to fire Anthony Levandowski, its current VP of engineering, if he doesn’t comply with a court order and hand over certain documents he is alleged to have taken from Waymo, Google’s self-driving car... 
Foot Locker Disappoints Investors In First Quarter

Foot Locker Disappoints Investors In First Quarter

Foot Locker Inc. (NYSE:FL) missed analysts’ estimates for its first-quarter results, sending its stock on its worst decline in more than eight years. Foot Locker reported first-quarter earnings of $180 million, or $1.36 a... 
Wal-Mart Surprises With Online Sales Strength

Wal-Mart Surprises With Online Sales Strength

Wal-Mart (NYSE:WMT) e-commerce numbers increased dramatically over the same quarter last year, according to its earnings report released Thursday. Its online sales rose a staggering 63 percent and added 0.8 percentage points... 
Biggest Online Retailers Find Themselves In Shipping War

Biggest Online Retailers Find Themselves In Shipping War

Target (NYSE:TGT), Wal-Mart (NYSE:WMT), and Amazon (NASDAQ:AMZN) are currently engaged in a shipping war. The goal is to lure shoppers away from one of the others with their free shipping threshold and other shipping strategies.... 
Ford Planning 10% Reduction In Workforce

Ford Planning 10% Reduction In Workforce

Ford Motor (NYSE:F) is reportedly making plans to cut about 10 percent of its workforce around the world. Worldwide, the company employs about 200,000 people, so 10 percent comes out to about 20,000 potentially lost jobs. The... 
Dick’s Sporting Goods’ Shares Fall On Sales Miss

Dick’s Sporting Goods’ Shares Fall On Sales Miss

Dick’s Sporting Goods (NYSE:DKS) failed to grow first-quarter same-store sales as much as Wall Street was expecting, as the company is grappling with intense online competition and declining interest in golf. Same-store... 
Thermo Fisher Reveals Plans To Buy Patheon

Thermo Fisher Reveals Plans To Buy Patheon

Biotech company Thermo Fisher Scientific Inc. (NYSE:TMO) has announced its intentions to buy Dutch drug-ingredients maker Patheon NV (NYSE:PTHN) for $7.2 billion. The deal’s value includes approximately $2 billion of net... 
Microsoft Blames Spy Agencies For Ransomware Attack

Microsoft Blames Spy Agencies For Ransomware Attack

Microsoft (NASDAQ:MSFT) is blaming government agencies for a massive, new ransomware attack that affected hundreds of thousands of computers around the globe. The WannaCry – or WannaCrypt/WanaCrypt – malware locked... 
Snap Inc. Misses On Revenue In Q1

Snap Inc. Misses On Revenue In Q1

Snap Inc. (NYSE:SNAP) posted revenue for the first quarter that missed estimates in its first quarterly earnings report since going public. The company reported revenue of $150 million, lower than the $158 million expected by... 
Comcast And Charter Form Wireless Joint Venture

Comcast And Charter Form Wireless Joint Venture

Comcast Corp. (NASDAQ:CMCSA) and Charter Communications are forming a joint venture to collaborate on the development of technical infrastructure for wireless operations. Under the joint venture, the companies have agreed to... 
21st Century Fox Under Federal Scrutiny Over Payments To Ex-Employees

21st Century Fox Under Federal Scrutiny Over Payments To Ex-Employees

Federal prosecutors want to know if 21st Century Fox (NASDAQ:FOX) improperly accounted for payments to ex-employees to minimize their impact on Fox’s books. Investigators in the U.S. Attorney’s Office for the Southern District... 
Apple To Invest $1B In US Manufacturing

Apple To Invest $1B In US Manufacturing

Apple (NASDAQ:AAPL) has announced that it will be investing $1 billion in manufacturing its products in the United States. Apple CEO Tim Cook made the announcement in an interview with CNBC’s Jim Cramer. The money will be... 
Miami Lawsuit Against Wells Fargo And Bank Of America To Continue

Miami Lawsuit Against Wells Fargo And Bank Of America To Continue

A lawsuit filed by the city of Miami against Wells Fargo (NYSE:WFC) and Bank of America (NYSE:BAC) over discriminatory and predatory lending practices will be allowed to continue. The U.S. Supreme Court ruled that Miami can... 
Apple Ramps Up Fight With Qualcomm

Apple Ramps Up Fight With Qualcomm

The fight between Apple Inc. (NASDAQ:AAPL) and Qualcomm Inc. (NASDAQ:QCOM) has reached a new height. Apple has informed Qualcomm that it would stop paying disputed licensing fees, intending to wait for a court decision to resume... 
United Airlines Incident Leads To Changes In Industry

United Airlines Incident Leads To Changes In Industry

A couple of weeks ago, the world watched horrified as a United Airlines passenger, battered and bloodied, was dragged off an aircraft in Chicago earlier this month. The resulting backlash put airlines’ longstanding policy... 
Twitter Reports First Revenue Decline Since Going Public

Twitter Reports First Revenue Decline Since Going Public

Twitter Inc. (NYSE:TWTR) reported a quarterly revenue decline Wednesday, its first since going public in 2013. The company reported revenue of $548.3 million, down 8 percent year over year. In the same period a year earlier,... 
President Trump Proposes Massive Corporate Tax Cut

President Trump Proposes Massive Corporate Tax Cut

President Trump has signed three executive orders to spark reviews of tax and financial regulations so taxes on businesses and individuals can be cut. He has pledged that the tax cut in total would be the largest in U.S. history.... 
T-Mobile Posts Mixed Results For Q1

T-Mobile Posts Mixed Results For Q1

T-Mobile (NASDAQ:TMUS) reported mixed results for the first quarter of its fiscal year. The company had $9.55 billion in revenue in the period ended March 31, missing analyst expectations of $9.62 billion. Its net income was...