Glen Kellow, the Chief Executive of Peabody said the current market is “historically challenged”. The world’s largest private sector coal company applied for Chapter 11 bankruptcy protection a month after announcing it was delaying interest payments of loans and was on the edge of insolvency...

JP Morgan shares were up 2.5% in New York at 7AM. JPMorgan Chase & Co. reported on Wednesday first-quarter profits ahead of Wall Street expectations...

Pictures of JetBlue’s Mint cabin. After losing its battle to acquire the California-based airline Virgin America, JetBlue Airways has announced on...

Pfizer and Allergan are expected to announce the news on Wednesday. Pfizer, the US pharmaceutical behemoth has decided to cancel its $160 billion merger...

The deal is expected to be complete by January 1st 2017. Alaska Air announced on Monday morning that it had struck a $2 billion deal to purchase Virgin...

Through the help of an anonymous external party the Department of Justice managed to unlock the San Bernardino shooter’s device. The Department of...

SunEdison Inc is a U.S. based solar power plant and wind energy plant developer. SunEdison has been revealed to be at the brink of bankruptcy in a regulatory...

Lorenzo Tan, president of Rizal Commercial Banking Corp is criticised by the Philippine Government. Kim Wong, the Manila based junket operator at the centre...

The Westin is just one of the brands that is under the ownership of Starwood Hotel and Resorts. Starwood stated on Monday, that China’s Anbang Insurance...

The U.S low-cost airline which is fostered by British billionaire Richard Branson is analyzing the possibilities and prospects of a sale. It has been revealed...