Dropbox Inc on Thursday reported a better-than-expected quarterly profit, raised its outlook for operating margin and announced a $600 million share buyback, sending its shares up 11% in trading after the bell.
T- Mobile US and Sprint Corp said on Thursday that they had agreed on new merger terms and were looking to close the deal as early as April 1.
Another bad week for Democrats boosts Trump’s reelection odds. …read more […]
Airbus SE plans to invest between 500 million euros and 1 billion euros ($539 million-$1.08 billion) this year on its A220 passenger jet program, Chief Executive Guillaume Faury said on Thursday at the company’s A220 factory in Canada.
(Bloomberg) — While a wave of employee activism marked by walk-outs and protests has rippled through Silicon Valley the past few years, Oracle Corp. glided along unscathed.Now, a symbol of tech’s old guard is facing the stirrings of a worker uprising as well. People left their desks Thursday at Oracle offices around the world to protest Chairman Larry Ellison’s fundraiser a day earlier for President Donald Trump, according to people familiar with the matter. The protest, called No Ethics/No Work, involved about 300 employees walking out of their offices or stopping work at remote locations at noon local time and …read more […]
(Bloomberg) — Tesla Inc. has overcome a legal roadblock standing in the way of Elon Musk’s plan to build an electric-car factory in Germany.A Berlin-Brandenburg court on Thursday ruled that Tesla can resume cutting down trees at a forest site in the small town of Gruenheide to make way for its first assembly plant in Europe. That puts the U.S. carmaker on track to start construction before the start of a crucial breeding period for local wildlife in March.The court found that local authorities didn’t violate laws when they allowed work on the factory to start, throwing out a complaint …read more […]
New Mexico Attorney General Hector Balderas on Thursday filed a lawsuit against Alphabet Inc’s Google, alleging that it acquired personal information from school children in the state violating their privacy rights.
Former Obama economic adviser Austan Goolsbee called out Bloomberg’s mischaracterization of Bernie Sanders and Elizabeth Warren. …read more […]
In our experience one of the best tools for ordinary investors who are on the hunt for new ideas is 13F filings. Once every quarter, hedge funds with at least $100 million in total positions in publicly traded US stocks are required to disclose the number of shares and the total value of its positions […] …read more […]
T- Mobile US and Sprint Corp are nearing an agreement on new merger terms and the final deal could be announced as soon as Thursday, the Wall Street Journal reported citing people familiar with the matter.
Tesla Inc got approval from a German court on Thursday to continue to cut down forest near the capital Berlin to build its first European car and battery factory, in a defeat for local environmental activists.
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