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Barnes & Noble Shares Soar After Investor Discusses Sale with Founder
07 Sep, 2018
American International Group Expects Losses After Natural Disasters
According to Reuters, American International Group Inc. (NYSE: AIG) announced that it expects to book pre-tax losses of about $3 billion in the third quarter related to natural disasters, hurricanes Harvey, Maria and Irma. American International Gro..
Snapchat sells 150,000 Spectacles; is it enough to recover?
Snap Inc.’s (NYSE: SNAP) CEO, Evan Spiegel, said on Tuesday that the company has sold approximately 150,000 of its camera glasses or Spectacles. Spiegel delivered the announcement in a conversation with Walter Isaacson, president and CEO of th..
Nissan Recalling 1.2 Million Cars in Japan
On Monday, Nissan announced plans to recall 1.2 million vehicles in Japan after final vehicle inspections were not performed by authorized technicians. This recall would cost about 25 billion yen ($222 million) to re-inspect cars such as the Note co..
IBM invests $240 for AI research with MIT
International Business Machines Corp. (NYSE: IBM) and Massachusetts Institute of Technology announced on Thursday that the two plan for 10 year, $240 million investment to create the MIT-IBM Watson AI Lab. The lab’s purpose is to research fund..
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