Markets

Southwest Airlines Co (NYSE:LUV) Increases Flight Simulators To Eighteen And Will Complete Pilot Training And Briefing Rooms In Fall 2020

Southwest Airlines Co (NYSE:LUV) has completed a project, which sits on an area of 414,000 Sq. Ft., that housed pilot training facilities and a new flight operations center in 2018 with an investment of $250 million. The last year’s expansion holds two buildings: the Wings Building, and the Leadership and Air Crew Building (LACB). Southwest […]

AT&T Inc. (NYSE:T) Divests Central Media Enterprises Media Ltd To PPF Group NV For A Cash Of $1.1 Billion

AT&T Inc. (NYSE:T) is sitting on a debt pile of $166 billion at the beginning of 2019. The company initiated several measures to clear part of the debt. It has announced the sale of Central European Media Enterprises Ltd. of Warner Group to PPF Group NV, an investment firm based in the Czech Republic. The […]

Rep. Ocasio Attacks CEO Of Facebook, Inc. (NASDAQ:FB) For Allowing Misleading Political Ads: Facebook Removes A Stunt Ad

Facebook, Inc. (NASDAQ:FB) taken down an ad of a political group that falsely claims the support of Lindsay Graham, a Republican senator, for democrats proposed Green New Deal. According to a communiqué from Facebook, the ad qualifies for truth checking because it comes from a political group and not from a politician. It exhibits the […]

Tesla Inc (NASDAQ:TSLA) Begins Selling Model 3 With Autopilot In China: Tesla Races To Reach Annual Production Of 500,000 Vehicles

Tesla Inc (NASDAQ:TSLA) started selling Model 3 vehicle with an autopilot function in China from Friday. The autopilot equipped model 3 is priced at $50,310. It has discontinued the sale of Model 3 without autopilot ($46,389), the cheapest model, on its website in the country. Shares edged higher on improved quarterly profits The shares of […]

Microsoft Corporation (NASDAQ:MSFT) Wins $10 Billion Joint Enterprise Defense Infrastructure Project From Pentagon

Microsoft Corporation (NASDAQ:MSFT) has outpaced Amazon to win the $10 billion Joint Enterprise Defense Infrastructure (JEDI) Project from Pentagon. Donald Trump, the US president, and other rivals criticized the competitive bid of Amazon. Who bids on the JEDI Project? Tech giants such as IBM, Oracle, Microsoft, and Amazon have submitted their competitive bids to win […]

FDA finds Asbestos in Johnson & Johnson (NYSE:JNJ) Baby Powder Days After CEO’s Deposition

Early this month Johnson & Johnson (NYSE:JNJ) CEO Alex Gorsky said that the company’s iconic baby powder and talc did not have asbestos. Grosky was testifying in a deposition on October 3 in a case in which an Indian college retired professor claimed that the powder caused cancer. FDA finds asbestos contamination in Johnson & […]

Amazon.com, Inc. (NASDAQ:AMZN) Strikes A Deal With Health Mart, GNC, And State Stores To Expand Counter Pick Up Network In The US

Amazon.com, Inc. (NASDAQ:AMZN) has signed deals with GNC, Health Mart and State Stores to expand the Counter Pick Up network to more locations across the US. The company introduced Counter service in 100 Rite Stores in the US in June 2019 after the initial launch in Europe in May this year. Amazon is planning to […]

Alphabet Inc (NASDAQ:GOOGL) ‘s Home Devices And Amazon.com, Inc. (NASDAQ:AMZN) ‘s Alexa Allow Hackers To Collect Sensitive Information

Amazon.com, Inc. (NASDAQ:AMZN) ‘s Alexa, and Alphabet Inc (NASDAQ:GOOGL) ‘s Home Devices are the targets for hackers to steal sensitive information without the knowledge of users. In April 2018, the security researchers detected eavesdropping vectors and phishing attacks on Amazon’s Alexa. They have also identified similar attacks on Google’s Home smart assistants and Alexa in […]

Best Buy Co Inc (NYSE:BBY) Offers A Free Next Day Delivery To Win Customers And Gives A Tough Fight To Amazon.com, Inc. (NASDAQ:AMZN)

Best Buy Co Inc (NYSE:BBY) announced a free next day delivery to 99% of the customers. The free next day delivery is only available on holidays. However, heavy products – Refrigerator and large screen TVs are fit for standard free delivery. The customers can avail of free next day delivery on various items that include […]

Facebook, Inc. (NASDAQ:FB) ‘s Algorithm Stops Medical Misinformation And Hoaxes From Going Viral: Facebook Optimizes Native Content

Facebook, Inc. (NASDAQ:FB) has put in place an algorithm to amplify and optimize the native content to engage the readers. The optimized native content allows people to spend more time on Facebook and derive more dividends for the companies that sponsored the content. Facebook vows to stop hoaxes In his speech this week, Mark Zuckerberg, […]

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