Houston Rockets Sale Closes as Highest in NBA History
The new owner paid an unprecedented $2.2 billion for the Houston Rockets. The casino and restaurant owner had tried to buy the team in the 1990s.
The new owner paid an unprecedented $2.2 billion for the Houston Rockets. The casino and restaurant owner had tried to buy the team in the 1990s.
In a series of tweets Monday morning, Microsoft has announced that the company will no longer develop mobile phone hardware or its own mobile operating system.
Several high-profile software companies could become targets if big tech becomes suddenly flush with repatriated cash due to tax reform.
The top analyst upgrades, downgrades and other research calls from Monday include Ctrip.com, Goldman Sachs, Johnson & Johnson, Medtronic, Morgan Stanley, Yelp and Yum China.
Altair Engineering, a provider of enterprise-class engineering software, has amended its filing with the SEC regarding its initial public offering.
Amazon has had little success attracting luxury goods to its e-commerce website. Luxury goods makers are wary of the company's interest in protecting against sales of fake goods and the effect that could have…
A new research report from Deutsche Bank points out that declining solar costs are driving growth, and the analysts have three top picks.
"Blade Runner 2049," the sequel to the 1982 cult classic about a dystopian future in Los Angeles, disappointed in its three-day opening.
In California, where the price of an average gallon of regular gasoline is usually high, that price has topped $3 in a number of large cities.
As the holidays approach and the number of returns increases, Walmart may have found an important edge over all its competition.
The recently announced rise in Netflix prices could help Amazon build its Prime services, which include streaming video.
Walmart has launched a new process for fast drop-off of returns, Harvey Weinstein has been fired due to sexual harassment allegations, and more important headlines.
24/7 Wall St. has put together a preview of Bank of America, Wells Fargo and some of the major companies reporting their quarterly results this week.
There are four IPOs on the calendar this week including online auto marketplace CarGurus. The four IPOs are seeking to raise more than $300 million combined.
More than 37,000 people were killed on U.S. streets and highways last year. More than 10,000 of those were killed in crashes involving a drunk driver.