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Airlines take a stand against immigrant crisis

Airlines take a stand against immigrant crisis

President Trump officially reversed his argument that the office of the president has no authority to stop separations of undocumented immigrant families, signing an executive order on Wednesday afternoon to keep families together at the border due ..

Fed Turns Towards Amazon's Finance Plans

Fed Turns Towards Amazon's Finance Plans

American banks have long been wary of Amazon.com, Inc. (NASDAQ: AMZN) and a number of other technology behemoths who desperately want to enter the finance train. If one goes by the latest news, the Federal Reserve has also expressed interest in the ..

Smith & Wesson Gun Sales Continue to Decline

Smith & Wesson Gun Sales Continue to Decline

Smith & Wesson Corp., an American gun manufacturer, has been facing declining sales in recent years, struggling to improve performance. The company announced that quarterly sales dropped 25% compared to the fourth quarter of last year and profit..

Xiaomi Sets Terms for $6.1 Billion Hong Kong IPO

Xiaomi Sets Terms for $6.1 Billion Hong Kong IPO

Xiaomi has set initial tentative terms for the world’s biggest initial public offering with potential to raise up to $6.1 billion in Hong Kong. The Chinese smartphone maker plan to offer 2.18 billion shares at HK$17 to HK$22 each, with talks w..

Uber to pay drivers for switching to electric cars

Uber to pay drivers for switching to electric cars

Uber, one of the biggest ride hailing apps in the U.S., announced on Tuesday its new pilot program to get drivers to switch over to the more environmentally friendly, electric cars. The pilot program, called EV Champions Initiative, plans to deliver..

Microsoft’s Ethical Reckoning is Here

Microsoft’s Ethical Reckoning is Here

Microsoft has become the latest company to pull into the tech industry’s ethical view over the use of its products by government agencies. Critics have stated in a blog post in January that Microsoft Corporation (NASDAQ: MSFT) publicized its w..

Fujifilm sues Xerox for well over $1 billion after aborted merger

Fujifilm sues Xerox for well over $1 billion after aborted merger

Fujifilm Holdings Corp. sued Xerox Corp (NYSE: XRX) for over $1 billion, blaming the company for giving in to pressure from activist investors, Carl Icahn and Darwin Deason, for ending a planned merger. According to a complaint filed with the U.S. D..