Asian stocks were set for a muted open on Thursday as global markets calmed after an elevation in trade tensions between the U.S. and China triggered a sell-off earlier in the week. Nikkei futures traded in Chicago were lower by 0.18 percent compared to the benchmark’s last close. Australian SPI futures, meanwhile, were up 0.16 […]
Read moreThe Trump administration’s zero tolerance policy for illegal immigration is shining a spotlight on U.S. detention efforts. Recent government handout images show children lying on the ground with Mylar blankets in kennel-like wire cages. Audio obtained by ProPublica captures children crying after being separated from their migrant parents. Though Trump signed an order he says […]
Read moreHealth-tech start-up GoodRx is in talks to be acquired for at least $1.5 billion, but could fetch as high as $3 billion, according several people familiar. Health distribution giant McKesson was among the companies taking a look, one person said, but will probably not be the buyer. The identity of the other potential buyers could […]
Read moreAs technology changes, so too do the skills necessary to break into the workforce. “It’s an ever-changing landscape,” said LinkedIn‘s senior vice president of product, Ryan Rolansky, at the CNBC Talent@Work conference on Wednesday. “What we saw as the four fastest-growing skills this year are probably not the same as what we saw last year,” […]
Read moreIndex provider MSCI said on Wednesday it will reclassify Argentina as an emerging market and start including Saudi Arabia in that classification, sharply broadening the investor base for both countries in a move that could be supportive of their local equities. The inclusion comes amid high anticipation over the market listing of Aramco, the state-controlled […]
Read moreDr. Atul Gawande writes and speaks about health care — a lot. But he hasn’t actually spent nearly as much time changing it. Despite that, the surgeon and Harvard professor soon will lead the most anticipated health-care company, a joint venture between three corporate titans: J.P. Morgan, Amazon and Berkshire Hathaway. Those firms tapped Gawande […]
Read moreSAN FRANCISCO – Shower caddy? Check. Twin sheets? Check. Echo Dot … check? Starting this fall, some students at Northeastern University in Boston will be given the option of getting an Echo Dot smart speaker linked to their university accounts. They’ll be able to ask Amazon‘s Alexa what time their classes are, how much money’s […]
Read moreThe Disney–Comcast bidding war for Twenty-First Century Fox’s movie and television assets will continue until the bid is around $40 to $45 a share, media expert Porter Bibb told CNBC. And Disney will end up the winner, said Bibb, managing partner at Mediatech Capital Partners. “Disney is the future,” Bibb said on “Power Lunch” Wednesday. […]
Read moreTesla’s lawsuit against former employee Martin Tripp alleges that he hacked computer systems to steal intellectual property, not to harm drivers of the company’s cars. But the idea that a malicious insider could successfully tamper with software used in the vehicles’ battery testing process is more fodder for worst-case scenarios raised by lawmakers over self-driving […]
Read moreFormer Citrix CEO Mark Templeton has a new job. He’s taking over as chief of DigitalOcean, a trendy start-up that prioritizes developers and teams as it offers cloud infrastructure for hosting applications. DigitalOcean offers low-cost competition to big cloud providers like Amazon, Microsoft and Google for the basic tasks that were the original appeal of […]
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