Asian shares are expected to open higher on Friday as global equities appeared to bounce back after declines earlier in the week. U.S. House Republicans on Thursday passed a bill to cut taxes on businesses and individuals, the biggest step yet in the GOP’s effort to alter the country’s tax system. The House plan cuts […]
Read moreAmazon has quietly launched an app designed to help truck delivery drivers get in and out of warehouses faster. The app, called Relay, rolled out late last month and is available on Apple and Android devices. Drivers enter cargo information into the app, allowing them to check in with a QR code and get through […]
Read moreLinkedIn co-founder Reid Hoffman is not shy when expressing his opinions of President Trump. The entrepreneur, who now sits on Microsoft‘s board of directors and is a partner at venture capital firm Greylock, campaigned publicly for Hillary Clinton and in March said that Trump was even worse than he feared. In an interview with CNBC’s […]
Read moreCNBC’s Jim Cramer didn’t want to be so quick as to write off Thursday’s rally to the House of Representatives passing its first iteration of tax reform. Instead, the “Mad Money” host argued that much of the rally resulted from the performance of two stocks, Cisco and Wal-Mart, “which pleasantly surprised us with their numbers. […]
Read moreIndia should be able to return to its “normal” growth range by next year as the short-term fallout from a new goods and services tax plan and last November’s currency ban ebb, the country’s finance minister told CNBC. The Indian economy grew at its slowest pace in three years between April and June at 5.7 […]
Read moreA robotics company that Alphabet recently sold to SoftBank on Thursday posted a new video that shows one of its more widely known robots doing a backflip. While some other robots have been shown performing backflips in the past, Boston Dynamics’ two-legged Atlas robot has never been seen doing one. To emphasize the achievement, Boston […]
Read moreComcast has approached 21st Century Fox and expressed interest in an acquisition of some of Fox’s assets, sources said Thursday. Talks are ongoing, a source said. Comcast is interested in the same set of assets that Disney approached Fox about earlier this year, sources said. Also of interest to Comcast is acquiring the international assets […]
Read moreMedia start-up BuzzFeed is no longer on track to go public next year as its revenue for 2017 is on pace to fall far short of expectations, according to The Wall Street Journal. Revenue for the high-flying publisher is set to fall 15 percent to 20 percent short of the of the goal of around […]
Read moreSpire Global has been launching small satellites to keep watch over the Earth’s oceans and remote lands since 2014. The start-up now has $70 million in fresh capital to fuel its expansion, which includes opening a new office in Luxembourg, CNBC has learned. At least 100 times each day, Spire satellites take a reading of […]
Read moreSquare Cash users can now access their virtual funds at any ATM, the company announced Thursday. The mobile banking company first introduced its Cash Cards in May as prepaid cards — meaning any transaction pulls funds from the user’s Square Cash app, not from a bank account. Users could previously only use the cards in […]
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