BUSINESS

Merger bells seem to be ringing for Fiat Chrysler with Peugeot (Groupe PSA) evincing interest. The resulting cheer in the stock market pushed up both stocks immensely on Tuesday.

Google’s unveiling of its game streaming platform Stadia has dented the stocks of entrenched game market players Sony and Nintendo. Their Japanese stocks crashed on Wednesday.

Mixed or flat open likely for the U.S markets Wednesday after trends in key stock index futures looked mixed in the morning.

While American electric car maker Tesla ramped up Tesla Model 3 production numbers, it took a toll on workers safety in terms of escalated injury and illness rate plus doubled up working hours.

Passenger rockets will replace long-distance jetliners in ultra-long distance air travel.

FedEx continues to be battered by the global economic slowdown.

U.S. CEOs are paid far too much while workers receive far too little.

When Apple finally starts its high profile streaming service it cannot expect to get Netflix series. According to Netflix CEO, the world’s dominant streaming service will not integrate its TV shows and movies with Apple’s video streaming service platform.

Higher open likely for U.S markets Tuesday after top stock index futures looked up in the morning. The market cheer is spurred by an expected benign stance of Federal Reserve in not tightening interest rates.

None of the members of Starbucks' loyalty program – gold or otherwise – has to wait to accumulate 125 stars to earn free goodies.

Finding the replacement for ousted Warner Bros. Chairman and CEO Kevin Tsujihara tops the mission of Warner Media’s CEO John Stankey who is rushing to Los Angeles. He may set up an interim team and will look for a permanent replacement, preferably a woman.

Famous Chinese supermarket chains like Greenland Direct Global Goods and Hualian Supermarket in Nanjing, and Carrefour in Beijing, were found selling fake Starbucks coffee.

A fintech powerhouse will emerge from the merger of Fidelity National Information Services Inc (FIS) and payment processor Worldpay Inc.

New batteries being developed by California startups might make the lithium-ion battery packs on Tesla electric cars obsolete.

Riding high on Canada's legalization of recreational marijuana in October 2018, Canadian cannabis firm Tilray saw sales surge.

Facebook's beleagured Wall Street stock is paying for the social media company's many missteps.

Shopko will close all 360 store locations by June 16 as part of its Chapter 11 bankruptcy.

Meet the Warner Bros. CEO who is now stepping down after reports of his relationship with actress Charlotte Kirk.

Eldorado Resorts and Caesars Entertainment are in talks over a possible merger between the two casinos.

Despite recent controversies around Tesla CEO Elon Musk including the confrontation with SEC, a survey says nearly 80 percent of the employees in Tesla and Space X have full faith in Musk’s leadership.

Close on the heels of top Canadian marijuana producers Aurora Cannabis and Canopy Growth reporting their fourth-quarter results another leading player Tilray Inc will announce its last quarter earnings on Monday.

Legacy Pharmaceutical Packaging has recalled 43 lots of Losartan Potassium USP tablets for a possible cancer-causing impurity.

The Fed is expected to remain “patient” and hold the rates Wednesday but more than half of the 31 analysts polled, still expect the central bank to hike rates once this year.

Federal agencies in the United States are reportedly probing the processes that involved the development and approval of Boeing 737 MAX 8 jetliner responsible for two fatal crashes.

After banning direct Tesla sales, Texas now wants to outlaw the servicing of Tesla electric vehicles within the state.

Virginia is on its way to becoming the site of Amazon's HQ2 despite loud opposition from anti-Amazon citizens.

Harvest Health and Recreation has ambitions of becoming the largest cannabis company in the USA.

New lines of business are opening up at the Pentagon. That means new opportunities for some but risks for others.

No winner means a bigger jackpot for Wednesday, so the prize will reach $550 million.