Japan’s economic growth in the second quarter was much slower than seen in a stellar preliminary reading, government data showed on Friday, confounding hopes for a long awaited pick-up in domestic demand. The downgrade was widely expected after data used to revise gross domestic product figures showed capital spending in April-June rose at a slower […]
Read moreFacebook’s ad sales team is hitting up the drug industry. On Thursday, the company’s New York-based health unit hosted an invite-only breakfast for pharmaceutical marketers to learn about targeting users for their clinical trials. CNBC viewed a copy of the invitation, which asked participants to attend a presentation on the company’s “new clinical trials strategy.” […]
Read moreAmazon’s plans to build a second North American headquarters, announced on Thursday, is highly unusual, even for a company this big, and could be more of a “marketing ploy,” some academics said. Amazon’s potential goal: to generate enough buzz to attract more offers with better benefits, including steep tax breaks. The announcement opened up a […]
Read moreKhosla Ventures has added two women to its investment team, hiring Kristina Simmons as chief of staff and Kanu Gulati as principal in recent months, the investors confirmed. Both joined Khosla Ventures at a time when tech companies and venture firms were facing strong criticism for their overall exclusion and treatment of women. Simmons, who […]
Read moreIf CNBC’s Jim Cramer took over as America’s professor, he would make some serious changes in the educational system. Cramer finds it absurd that a student can graduate from school and not know how to write a check, or be required to have knowledge of personal finance. “They say money can’t buy happiness, but I’ve […]
Read moreCNBC’s Jim Cramer cringed when he read a study that said students who graduate with no debt end up being worth more than classmates with outstanding loans. “For any of you who are parents or are thinking about becoming parents, let me just tell you right now that there are very few things you can […]
Read moreAccording to CNBC’s Jim Cramer, it does not matter how good an investor is at picking stocks. If the funds are kept in the wrong account, tons of money could be wasted in hidden fees and opportunity could be missed. This logic is especially applicable to 401(k) and IRA retirement accounts, and whether it makes […]
Read moreWith all of the different mutual fund and exchange-traded fund (ETF) options out there, Jim Cramer’s head is spinning. How the heck are investors supposed to know which ones to invest in when there are so many of them? “The important thing is this: You have all sorts of ETFs and mutual funds out there, […]
Read moreIBM Watson might not deliver on its lofty goal to revolutionize medicine with artificial intelligence, as a recent investigation suggests. But that doesn’t mean new technology will be incapable of improving health care. IBM put a heavy dose of investment and hype into the medical potential of its machine learning system Watson. It was supposed […]
Read moreA report from a Taiwanese news outlet called Commercial Times says Google is in the final stages of acquiring all or part of smartphone maker HTC. The news follows a separate story from late August that suggested Taiwan-based HTC was interested in some sort of sale. HTC, once one of the more popular smartphone makers […]
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