Apple CEO Tim Cook‘s commencement speech to college graduates may have been a pitch to future employees on why his company is more trustworthy than Facebook, CNBC’s Jim Cramer said Monday. “One of the things that Apple is priding itself in, is they’re trying to get the best and the brightest,” said Cramer, whose charitable […]
Read moreU.S. technology companies generate roughly $100 billion to $150 billion in revenues from China annually, Jefferies analysts estimate. As a result, the Trump administration will likely pursue concessions from Beijing, rather than cut off all tech trade, analysts Edison Lee and Timothy Chau said in a note Monday. ” We continue to believe the US […]
Read moreCurrency, United States Finance
The Catalan parliament just appointed another separatist as its leader
The Catalan parliament has elected the separatist lawmaker Quim Torra as regional president, giving fresh impetus to attempts to split from Spain. The vote Monday ends five months of political deadlock and makes Torra the seventh Catalan leader since Spain returned to a democracy in the 1970s. Torra narrowly won the vote 66 to 65 […]
Read moreWorth almost $133 billion, Jeff Bezos is currently the richest person in the world, according to Forbes. As the boss of both the e-commerce behemoth Amazon and the aerospace company Blue Origin, Bezos is a tech titan whose businesses will very likely shape the future. Despite relying on technology to build his fortune online, Bezos […]
Read moreSoftware maker Symantec is recouping some of its losses from last week, trading more than 10 percent up Monday. The company shed 33 percent and roughly $6 billion in shareholder value Friday after announcing an internal audit that could delay the company’s annual report and hurt financials in the coming quarters. The company behind Norton […]
Read moreSen. Marco Rubio on Monday criticized President Donald Trump‘s pledge to help Chinese technology company ZTE, saying he hopes the president is not “backing down” from his hawkish stance on China. The Florida Republican’s criticism marks the first backlash to the president’s effort from a notable lawmaker within his own party. Trump’s reversal on ZTE, […]
Read moreChili’s is the latest restaurant chain to be impacted by a data breach. The casual dining chain’s parent company, Brinker International, announced Saturday that customer credit and debit card information had been compromised at some Chili’s locations between March and April. However, the company is still assessing the scope of the incident. “We sincerely apologize […]
Read moreJust say no — to bro culture. That’s the rallying cry behind an emerging type of co-working space, created by women and for women, and expanding to industrial-chic streets across the country. From cozy community start-ups like The Coven in Minneapolis, to a business with much larger ambitions, like The Wing — which has locations […]
Read moreSHANGHAI — President Trump has said that he will help save ZTE, a Chinese electronics maker. The company was on the brink of collapse after United States officials punished it last month for breaking American sanctions against countries including Iran and North Korea. Here’s a look at how a Chinese electronics maker with an awkward […]
Read moreConventional wisdom has it that active equity fund managers have a better chance of beating their benchmarks when things get volatile. That’s probably not the case, however, for active managers in fixed-income markets. “Active bond fund managers have been able to increase their returns [over indexes], by adding credit risk to their portfolios, especially over […]
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