European stocks are set to open higher on Tuesday morning as political concerns ease slightly and investors focus on data releases. The FTSE 100 is seen up by 8 points at 7,437; the DAX 30 is set to start the day up by 36 points at 12,930 and the CAC 40 is expected to open […]
Read moreThis article is part of a “Reporter’s Notebook” series, wherein CNBC journalists submit tales and observations from the field. To Elon Musk’s audience, the storied entrepreneur is less of a CEO than he is a rockstar. That’s what I learned after covering an afternoon of events by his companies SpaceX and Tesla in Australia, where […]
Read moreFood delivery start-up Deliveroo, reportedly valued at over $2 billion after its latest round of funding, plans to push out a novel food delivery strategy to more cities around the globe. The big winners of the global tech firm’s move are likely to be small local restaurants. The start-up says it is devoting “a significant […]
Read moreWalmart.com will soon begin offering same-day delivery to some customers in New York City, and it has purchased a local startup to help it with the behind-the-scenes logistics. The giant retailer has acquired Parcel, a Brooklyn, N.Y.-based company that handles scheduled and same-day delivery services in New York for online retailers like Bonobos and meal-kit […]
Read moreAustralia’s central bank left its cash rate at 1.5 percent on Tuesday, a widely expected decision given policy makers have signaled a steady outlook for some time to come. The Reserve Bank of Australia (RBA) made the announcement following its monthly policy meeting. A Reuters poll of 49 analysts had found all but one expected […]
Read moreMusician Tom Petty, frontman of Tom Petty and the Heartbreakers, has died on Monday at age 66, his manager said in a statement. “On behalf of the Tom Petty family, we are devastated to announce the untimely death of of our father, husband, brother, leader and friend Tom Petty,” Tony Dimitriades, longtime band manager, said […]
Read moreJapanese Prime Minister Shinzo Abe has seen a political rival creating a stir ahead of the country’s October snap elections: The newly formed “Party of Hope,” led by Tokyo’s popular governor, is challenging the current power structures. Yet lost in the intrigue of political competition is a important characteristic of the new party, according to […]
Read moreFirst daughter Ivanka Trump and her husband Jared Kushner have used at least three separate personal e-mail accounts for White House business, according to Politico. Reports emerged last month that both senior aides had previously used their respective personal accounts for official information, but on Monday, Politico reported of a third and previously unreported address. […]
Read moreSidewalk Labs, the mysterious urban innovation group of Google parent company Alphabet, has spun out a start-up with ambitious plans to rethink health care. The startup, known as Cityblock and known internally at Sidewalk as “CareLab,” is focusing on low-income communities with serious health problems. Little has been known about Sidewalk’s health plans until Cityblock […]
Read moreWashington has praised the world’s second-largest economy for making progress in enforcing sanctions imposed on North Korea. But China’s current measures may just be a temporary move for its own gain. Since Pyongyang’s first nuclear test in 2006, China has adopted the United Nations’ multiple resolutions against the rogue state. Doubts about enforcement have persisted, […]
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