CNBC’s Jim Cramer said Thursday that Equifax Chief Executive Richard Smith “should be fired today” after the fallout from the credit reporting agency’s massive data breach. “I think the board is unbelievable. What does it take to get fired in this country?” Cramer said on “Squawk on the Street.” “I mean, this was — you […]
Read moreJPMorgan becomes just seventh bank to cover Buffett's Berkshire Hathaway, calling it a screaming buy
If there is anyone out there who doesn’t need affirmation from Wall Street analysts, it’s the 87-year-old investing icon Warren Buffett. But JPMorgan gave it to the “Oracle of Omaha” anyway Thursday, initiating coverage on Berkshire Hathaway, the conglomerate he’s run for five decades, with an overweight rating. Despite Berkshire being the sixth-largest company in […]
Read moreCall it the next Warby Parker to hit the market, but for shoes. Allbirds has already won over Silicon Valley, where the business is based, with its wool sneakers spotted on the feet of Google co-founder Larry Page, Twitter Chief Dick Costolo and venture capitalists Ben Horowitz and Mary Meeker, to name a few. And […]
Read moreApple’s new iPhone X has a spectacular edge-to-edge display that dominates the entire front of the device. Well, nearly the entire front. Unlike Xiaomi’s Mi Mix 2, Samsung’s Galaxy S8, and LG’s V30, Apple hasn’t kept the iPhone X top bezel intact; and compared to the Essential Phone, its camera array is much, much more […]
Read moreIndia’s billion plus customers are in the sights of internet giant Google who are reportedly set to release a mobile payment service in the country. Digital payment platforms can earn money in a number of ways as operators skim percentages from transactions costs, charge to advertise seller products or earn interest on cash held in […]
Read moreAs a social worker with 30 years’ experience working in hospice care, Christina Ingenito expected to face death gracefully when her time came. But when a breast cancer diagnosis at 59 left this once ebullient woman “severely clinically depressed” — her words — she turned to an unusual research project for help. In 2016, Ingenito […]
Read moreA San Francisco startup called Good2Go wants to make it easy to find clean, well-lit bathrooms in any major city. And you won’t have to touch a single surface inside them, either. The company’s iOS app, available Thursday, will present users with a map of nearby bathrooms at private establishments, along with a rough estimate […]
Read moreNow that Amazon officially owns Whole Foods Market, one top Wall Street firm predicts the internet giant expanding into the physical grocery store market will boost its other businesses. Morgan Stanley reiterated its overweight rating for Amazon shares, saying millions of Whole Foods shoppers will likely sign up for Amazon Prime. Amazon’s “price cuts, Prime […]
Read moreTired of hearing about the iPhone X? Google clearly is, as the Mountain View company has just debuted a new marketing campaign and website that urges viewers to “ask more.” The new landing page is part of the madeby.google.com subdomain, and it carries the teasing tagline of “thinking about changing phones?” It was on October […]
Read moreU.S. consumer prices accelerated in August amid a jump in the cost of gasoline and rents, signs of firming inflation that could allow further monetary policy tightening from the Federal Reserve this year. The Labor Department said on Thursday its Consumer Price index rose 0.4 percent last month after edging up 0.1 percent in July. […]
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