Amazon is shaking the medical industry — and now Wall Street’s digging up clues on exactly what it has planned. Jefferies analyst Brian Tanquilut wrote on Friday that he suspects Amazon is growing its professional medical device business, while Wells Fargo pointed out Thursday that Amazon now owns the AmazonRX.com domain. It’s all part of […]
Read moreLinkedIn, the employment social networking site, has a surprising strategy to lure in top talent: Giving prospective employees the chance to show off their musical prowess in an open mic night. The company-sponsored talent show is the brainchild of Lesley Toche, a diversity strategist at LinkedIn. Toche, who was formerly a recruiter at the company, […]
Read moreTechnology is the most important industry for stocks today, indicating that blowout earnings from giants such as Microsoft could be good for the market. Shares of Google parent Alphabet, Microsoft and Intel soared nearly 6 percent or more in Friday trading after reporting solid quarterly earnings that came in well above Wall Street’s expectations. The […]
Read moreExpedia CEO Mark Okerstrom told CNBC that the company’s stock decline on Friday is a “concern” but he is still “incredibly optimistic” about the future of the business. Shares of the travel company fell Friday, one day after it reported quarterly earnings that failed to meet Wall Street’s expectations. The stock was down about 18 […]
Read moreRobots are already a common sight in warehouses (Amazon alone use more than 45,000) but now they’re moving into stores too. Walmart has announced it’s deploying shelf-scanning bots in 50 locations around the US, using the machines to check things like inventory, prices, and misplaced items. The retailing giant says the robots’ introduction won’t lead […]
Read moreWhile economists parse through every word from the Federal Reserve in the hopes of figuring out where interest rates are headed, a more telling indicator may be found in the commodities market; and it’s likely pointing to growth ahead. The copper-gold ratio, a metric that is calculated by dividing the price of copper by the […]
Read morePresident Donald Trump, in unprecedented fashion, has been able to get the Chinese government to turn the screws on North Korea in hopes of getting Kim Jong Un to halt military provocations, according to a former diplomat who has advised Republican and Democratic presidents. “The Chinese have done more under President Trump’s prodding than any […]
Read moreCurrency, United States Finance
Extent of VW emissions cheating discussed earlier than known: Spiegel
Volkswagen engineers told top managers that diesel emissions manipulations went far beyond issues in the United States two days before the carmaker made a public announcement to that effect in 2015, Der Spiegel reported Friday. Volkswagen (VW) admitted on September 20, 2015, to installing secret software in hundreds of thousands of U.S. diesel cars to […]
Read moreApple’s iPhone X is already shaping up to be one of the hottest gifts of the season — but you may want to order today, or get ready to camp out, if you want one in time for the holidays. The phone opened for preorder overnight. Already, almost every permutation of zip code, color, carrier […]
Read moreBig tech stocks are already having a record day on Wall Street. Amazon, Microsoft and Google-parent Alphabet all reported Q3 earnings after the bell Thursday, beating Wall Street expectations and sending stocks on the rise after hours and into the start of trading Friday. Amazon surged 11 percent, Microsoft spiked 9 percent, and Alphabet rose […]
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