Every day, Wall Street analysts upgrade some stocks, downgrade others, and “initiate coverage” on a few more. But do these analysts even know what they're talking about?
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Chick-fil-A is killing its Cow Calendar, alerting customers on Wednesday that 2018 would be the last year it would release the calendar.
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Microsoft Corp. MSFT -0.68% topped $100 billion in annual revenue for the first time as the software giant remakes itself from a legacy software provider into a power player in cloud computing.
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Luxury clothing brand Burberry burned $37.8 million worth of its pricey trench coats, bags and perfumes last year to prevent them from being stolen or sold to the “wrong people,” according to The Times of London.
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Amazon failed to secure enough servers to handle the traffic surge on Prime Day, causing it to launch a scaled-down backup front page and temporarily kill off all international traffic, according to internal Amazon documents obtained by CNBC.
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