The Apple Card May Not Be Profitable for Goldman Sachs

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The Apple Card May Not Be Profitable for Goldman Sachs

Apple’s (NASDAQ:AAPL) foray into the credit card industry is almost here. The Apple Card, unveiled in March, is expected to launch at some point this summer, and Apple is hoping to help its users better manage their finances and debt. The company is …
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Zynga headquarters sale is 'dry powder' for M&A, says analyst

Shares of Zynga Inc. ZNGA, +2.31% are up 2.3% in midday trading Tuesday after the company announced that it had agreed to sell its corporate headquarters with a leaseback provision. The deal, which is expected to close in July, carries a net cash benefit …
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Saudi Stocks Surge as Investors Prepare for MSCI Inclusion

… in the Saudi market, Ahmed Badr, head of equities for the Middle East, North Africa at Credit Suisse in Dubai, said in a Bloomberg TV interview.
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Sports Illustrated magazine sold for $110 million

NEW YORK >> Sports Illustrated magazine has been sold for $110 million to a company that specializes in managing fashion, entertainment and sports brands, including marketing rights to Shaquille O’Neal and Muhammad Ali. The seller, Meredith Corp., will …
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Walmart's new tech chief comes from Google, Microsoft and Amazon

New York (CNN Business) Walmart has tapped a veteran of Google, Microsoft and Amazon to lead its growing tech operation around the world. On Tuesday, Walmart said it appointed Suresh Kumar to become its global chief technology officer and global …
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