On Thursday, Lufthansa signed a $249 million deal to buy parts of Air Berlin to use their assets and quickly expand their Eurowings budget business. Following this announcement, shares of Lufthansa jumped more than 3% marking their highest level in ..

The world’s biggest music streaming service, SoundCloud, has announced on Thursday that they have enough cash to last until fourth quarter even after laying off 40 percent of their staff. With competitors such as Apple (NASDAQ: AAPL), Spotify,..