Famed short-seller Jim Chanos shares his views on investing and betting against companies in an exclusive interview for CNBC PRO with Mike Santoli. On the healthcare and medical services industry: “We believe pretty strongly that a sea change is happening in the U.S. health-care system. That we are embarked upon the ending of health-care […]
Read moreA congressional investigation into Russia‘s role in the 2016 presidential election — and the way in which Kremlin-aligned forces may have pursued their efforts on social media — is already expanding beyond early scrutiny of Facebook. For Sen. Mark Warner, the top Democrat on his chamber’s intelligence committee, there are fresh fears about the extent […]
Read moreSilicon Valley does have a male-dominated culture that doesn’t easily cater to diversity, said Dr. Astro Teller, head of Alphabet’s research-and-development division X. However, that mentality exists in every industry — and tech is held to a higher standard to promote equality, he said. “While Silicon Valley has a bro culture — I’m not saying […]
Read moreWith Facebook still under fire after inadvertently selling ads to Russian operatives during the 2016 election, the mood in both Silicon Valley and Washington is shifting against the company. “This is a complete and utter disaster for Zuckerberg and Facebook,” tech investor Jason Calacanis said Thursday on CNBC’s “Squawk Alley.” Calacanis called it a “lack […]
Read moreCurrency, United States Finance
The UK is reportedly willing to pay $24 billion to the EU to retain its single market access
Prime Minister Theresa May will say on Friday Britain is willing to pay 20 billion euros ($24 billion) to the European Union during a post-Brexit transition period, but only if it has access to the bloc’s single market, the BBC’s political editor reported. May, who is weakened after losing her party’s majority in a June […]
Read moreMany of Google parent company Alphabet’s newest innovations come out of its secretive research-and-development company X. Ventures at X, which previously was known as Google [X], include global internet access division Project Loon, its self-driving car Waymo, smart glasses Google Glass, and its delivery drone service Project Wing. The company calls itself a “moonshot factory” […]
Read moreThe Wells Fargo Investment Institute doesn’t expect the S&P 500 to rise more than 2 percent over the next 15 months, according to the firm’s 2018 year-end outlook released Thursday. While some Wall Street strategists have included 2018 S&P targets in their equities notes, the Wells Fargo note marks the first major outlook report for […]
Read moreClosely followed trader Art Cashin warned on Thursday that the current Federal Reserve leadership will likely not be around next year and he doesn’t think the central bank will implement three interest rate hikes in 2018. On Wednesday, the Fed announced it will begin to roll off its $4.5 trillion balance sheet next month, but […]
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“MI GENTE” lures listeners with a mesmerising hook, a thumping beat and lyrics about breaking down barriers. A collaboration between J Balvin, a Colombian reggaeton star (pictured), and Willy William, a French producer, the latest product of this summer’s Latin craze is crooned almost entirely in Spanish. (The title means “My People”; reggaeton borrows from […]
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“IT WAS 2012…I was number 37,” says Ashwini, referring to the badge that was pinned on her shirt pocket. Her task was to go onto the stage and introduce herself to around 70 eligible bachelors and their parents. Families then conferred and, provided caste and religious background proved no obstacle, would approach the event’s moderator […]
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