Nothing has been formally agreed with the European Union on moving the next round of Brexit negotiations, British Prime Minister Theresa May‘s spokeswoman said on Tuesday. Earlier, diplomats in Brussels said the EU and Britain had agreed to delay the talks by a week to Sept. 25 on expectations that May would make an important […]
Read moreGiving President Donald Trump credit for the strength of the U.S. stock market is a “stretch,” said hedge fund manager Jim Chanos, a noted short seller. Global equities are experiencing a “synchronized bull market,” fueled by years of the easy money policies of world central banks, he told CNBC’s “Fast Money Halftime Report” on Tuesday. […]
Read moreApple is expected to launch three new iPhones at its brand new Apple Park campus today. The widely anticipated Apple event, known to draw rock concert-like crowds, will be the first event held at Steve Jobs theater and is the first time the “Spaceship Campus” welcomes press and VIP outsiders. Over 40 years after the […]
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Apple invited the press to its new campus, Apple Park, for the first time on Tuesday. It’s where Apple will show off its latest iPhones, but it’s also a gorgeous new campus and includes a brand-new facility called the Steve Jobs Theater. Source: Tech CNBC Here is the gorgeous new building Apple built just for […]
Read moreStarboard Value Jeffrey Smith pitched store-brand pharmaceutical company Perrigo as his best investment idea now, during a conference Tuesday. In addition to Perrigo, Smith also advocated for Altaba, the former Yahoo, which he said will benefit from tax reform once it makes its way through Congress. Perrigo makes versions of ibuprofen, liquid cold medicines and […]
Read moreAncestry CEO Tim Sullivan announced on Tuesday he would leave his post, seizing a window of opportunity as the company decided to delay its forthcoming IPO. Sullivan, who helmed the company for 12 years, will transition to chairman of the board in October, the company said, while chief financial officer Howard Hochhauser will serve as […]
Read moreAmazon buying Whole Foods and slashing prices on organic produce and pasta sauce, among other items, is reportedly bringing increased foot traffic to the grocery chain. Across the U.S., Whole Foods stores saw a spike of more than 25 percent in foot traffic on Aug. 28 and 29, the first Monday and Tuesday that the […]
Read moreAlibaba founder and executive chairman Jack Ma turned the company’s 18th birthday celebration into a thriller with a Michael Jackson-inspired dance performance. The Alibaba founder began the Sept. 8 performance by entering the stage on a motorcycle incognito while wearing a gold-and-silver mask and military-style outfit. After channeling his inner King of Pop with a […]
Read moreOwning 10 percent of the most profitable company in the world sounds like a money-making dream. Especially as Apple launches its new iPhone, which will reportedly cost nearly $1,000. But one man knows what it’s like to watch that opportunity slip away: Ronald Wayne, the little known third co-founder of Apple. According to a recent […]
Read moreThe “operational limitations” of Tesla’s Autopilot system played “major role” in 2016 crash, said the National Transportation Safety Board on Tuesday. NTSB investigators met to determine the cause of a fatal crash involving a Tesla on Autopilot in May of 2016. The Board had previously determined the crash was not the result of a defect […]
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