Negotiators from Canada, Mexico and the United States are aiming for an ambitious first round of trade talks, a senior U.S. official said on Tuesday, as the countries try to fast-track a deal to modernize the pact by early next year. The United States Trade Representative official, speaking to reporters on a conference call, said […]
Read moreCryptocurrency mining demand for AMD’s graphics cards may be all the rage, but a top Wall Street firm says investors shouldn’t overlook its improving processor chip business. Bank of America Merrill Lynch reiterated its buy rating for the chipmaker’s shares, saying the company’s recently launched Ryzen processors are selling well against Intel. “Our industry checks […]
Read moreJuly’s surprisingly strong retail sales relieved some of the fears that the real cause of sluggish inflation this year is a weakness in the U.S. consumer. The 0.6 percent jump in July retail sales was the best in seven months and is expected to bump economists’ GDP targets for the third quarter. June headline retail […]
Read moreIt’s no surprise that Amazon is one of the most sought after companies millennials want to work for after graduating. But, if you want to nab a job at the online retailer, you should be “relentlessly curious” and care about helping the retail giant’s customers. That’s according to Miriam Park, director of Amazon’s university recruiting, […]
Read moreWhile tensions from North Korea appear to have eased, a threat from Amazon still hangs over the market, CNBC’s Jim Cramer said Tuesday. U.S. stocks were higher Tuesday as investors breathed a sigh of relief after North Korean leader Kim Jong Un said he would wait for further action from the U.S. before making a […]
Read moreMicrosoft on Tuesday announced that it has acquired Cycle Computing, a 12-year old company that specializes in running complex high-performance computing workloads across different public clouds. Terms of the deal weren’t disclosed. The deal could help Microsoft ensure that more of the supercomputing jobs companies want to do end up on its Azure public cloud, […]
Read moreA London Stock Exchange employee fell to his death from an upper-floor balcony, officials said Tuesday. Details around the incident are sketchy, but police confirmed it happened around 9:58 London time. “The City of London Police is currently investigating the circumstances around the death and the incident is being treated as non-suspicious,” a City of […]
Read moreUber has settled with federal regulators that accused the start-up of “deceptive privacy and data security claims.” More than 100,000 names and driver’s license numbers were stolen in a 2014 data breach of Uber’s database, operated by Amazon Web Services. The FTC said the company could have made low-cost attempts, like using multi-factor authentication, to […]
Read moreCompanies led by the three CEOs who left a presidential advisory council this week all have share prices that have badly underperformed their peers this year, CNBC research shows. Intel CEO Brian Krzanich, Merck CEO Kenneth Frazier and Under Armour CEO Kevin Plank have all resigned from the American Manufacturing Council since deadly violence erupted […]
Read moreAmazon.com announced Tuesday a private debt offering to fund its acquisition of Whole Foods Market. The debt is set to price later Tuesday and will be broken into seven parts ranging from three-year notes to 40-year notes, analysts said. Bank of America Merrill Lynch, Goldman Sachs and JPMorgan Chase are the lead underwriters for the […]
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