American companies hold an estimated 11 million meetings every day. That’s a lot of conference room hours. Meetings may be an inescapable aspect of work culture, but Amazon CEO Jeff Bezos has implemented a very strict rule of thumb to ensure that his schedule is only filled with meetings that are worth his time. In […]
Read moreAfter several resignations from presidential advisory councils following Donald Trump’s waffling responses to the deadly right-wing violence in Charlottesville, Virginia, over the weekend, CNBC took a look at where all the executives stand. Seven of 37 members of president’s Strategic and Policy Forum and Manufacturing Jobs Initiative councils resigned this week, while 12 condemned the […]
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As the Trump administration looks to take a tougher stance against Beijing, Chinese investments into the U.S. have more than halved this year, according to Dealogic. “Amid growing regulatory scrutiny of China outbound M&A targeting the U.S., volume has seen a 65 percent year-on-year decline in 2017 year-to-date,” Nicholas Farfan and Karl But of Dealogic […]
Read moreEver have an idea for a new product so good it could hurt your business? It may seem far-fetched, but that’s what happened to Wawa, the popular convenience store chain that operates more than 750 locations in six East Coast states. The company had introduced a new flatbread breakfast sandwich. Everybody in the company was […]
Read moreOne day in the not-so-distant future, going to the grocery store to buy food will be as novel as going to the record store to buy vinyl albums. Your refrigerator will monitor what food you have in the house and, based on a budget you give the computer, it will put together a shopping list […]
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The long-running bull market could be on its last legs, says PNC’s Bill Stone. “I want people to get a little careful because we’ve gone so much longer than normal without even a 5 percent pullback,” Stone said Tuesday on CNBC’s “Futures Now.” According to the global chief investment strategist at PNC Asset Management, the […]
Read moreThe market isn’t moving on the turmoil from President Donald Trump‘s comments about the deadly violence in Charlottesville. Virginia, because it “divorced” him, CNBC’s Jim Cramer said Wednesday. “The market is completely divorced from whatever is going on,” Cramer said on “Squawk on the Street.” “Because I think the market just says, ‘Listen, we’re not […]
Read moreSnap shares have tumbled since its March initial public offering. One Wall Street firm believes there will be no turnaround for the social media firm’s stock anytime soon. SunTrust Robinson Humphrey on Tuesday initiated coverage for Snap shares with a sell rating, citing the competitive threat of its larger rivals copying its innovations. Snap’s “challenges […]
Read moreEssential, a new phone brand by Android creator Andy Rubin, will begin shipping phones within 7 days, 9to5Google reports. The technology blog obtained emails sent to customers that pre-ordered the phones, indicating the shipping date. According to 9to5Google, the shipment will only include phones with a black finish (it also comes in at least one […]
Read moreBillionaire entrepreneur Richard Branson is the latest in a string of iconic businessmen to talk about cash handouts, or universal basic income, as a solution to jobs being replaced by technology. “With the acceleration of [artificial intelligence] and other new technology … the world is changing fast,” Branson writes in a post published this week. […]
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