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Facebook introduces Accounts Center, a tool for managing a growing number of cross-app settings Despite being under antitrust investigations in U.S. and E.U., Facebook today is rolling out a new feature that highlights the extent to which its suite of apps now interoperate. The company this morning introduced a consumer-facing tool called "Accounts ...
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Goldman Shuffles Consumer Banking, Asset Management Executives Russ Hutchinson, an investment banker who caters to financial institutions and one of Goldman's few Black partners, will take Ms. Cohen's job as chief strategy officer. Write to Liz ...
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US consumer confidence surges; goods trade deficit widens WASHINGTON (Reuters) - U.S. consumer confidence rebounded more than expected in September amid an improvement in labor market views, but it remained below levels that prevailed before the COVID-19 pandemic struck the nation early this year.
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These airlines are still blocking seats for social distancing If you're considering flying (or need to) any time soon, the airline you choose will almost certainly have a big impact on the social distancing involved in your flight. While a handful of airlines are still blocking seats from being booked to allow for extra space, ...
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US consumer confidence soars the most in 17 years as recovery optimism rebounds The Conference Board's Consumer Confidence Index surged to 101.8 in August from 86.3 as Americans turned more hopeful toward the US economic recovery. The increase is the biggest one-month jump in 17 years and follows back-to-back declines ...
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Paul Krugman column: Trump's debt, his future and ours The bombshell New York Times report on Donald Trump's tax returns is a remarkable feat of journalism. The team deserves special praise for making their findings comprehensible to general readers and not getting lost in the details. Yet like many other ...
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Bed Bath & Beyond Debuts Same-Day Delivery In a move that expands omnichannel shopping offerings for shoppers ahead of the holiday season, Bed Bath & Beyond Inc. has rolled out same-day delivery from buybuy BABY and Bed Bath & Beyond. The move comes after the prior introduction of ...
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Target Meets Amazon At Point Of Attack With 'Deal Days' Another contender has joined the Prime Day counterprogramming battle. Target announced on Monday (Sept. 28) that its "Deal Days" will compete day-to-day with Amazon's proprietary holiday, which was confirmed only a few hours before Target's. By going ...
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JPMorgan pays largest CFTC penalty ever of $920 million and admits wrongdoing in market manipulation case JPMorgan will pay the largest CFTC monetary penalty ever and admitted wrongdoing in order to resolve a case surrounding claims of market manipulation in the trading of precious metals and Treasury securities, Bloomberg first reported. The case covers an ...
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Harvard Endowment Gains 7.3%. Here's Why the Largest College Funds Lag the Stock Market. Harvard University's endowment gained 7.3% in the 12 months through June 30, joining other large college funds that trailed the U.S. stock market as schools grapple with financial pressures from the coronavirus pandemic. College endowments are now ...
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iPhone 12 Production Lines Are Running 24 Hours a Day The people least excited about the iPhone 12 are likely to be the workers tasked with manufacturing it. That's after Apple's iPhone manufacturing partner Foxconn took drastic steps in order to produce enough handsets to meet launch demand. As the South ...
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Axis Security raises $32M to help companies stay secure while working from home Axis Security launched last year with the idea of helping customers to enable contractors and third parties to remotely access a company's systems in a safe way, but when the pandemic hit, they saw another use case, one which had been on their road map: ...
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NYC Reports Uptick in Positive COVID-19 Cases Days Before Indoor Dining Return Positive COVID-19 test rates rose to 1.93 percent of the city's population on Monday, the New York Times reports, heightening concerns about a possible second shutdown in NYC. Gov. Andrew Cuomo attributed the rise to primarily to new clusters that have ...
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The Best VPNs for the UK in 2020 HMA is based in the UK, and offers six servers in London, eight servers in Glasgow, and two servers in "Donkey Town." Its UK operation is also home to two virtual servers for Portugal, and two virtual servers for the US. HMA has improved its privacy practices ...
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NIO Electric Cars Could Become an Iconic Brand, Says Analyst Move over, Tesla. Deutsche Bank's Edison Yu sees the brand of Chinese electric-vehicle maker NIO resonating with consumers, helping it become a long-term winner in the EV race. Yu launched coverage of the company early in September with the ...
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Polaris and Zero Agree To 10-year partnership Polaris is entering into a partnership with Zero Motorcycles, looking to use its powertrain technology in future models.Zero Motorcycles. Given the surging interest in (and rapid development of) the electric vehicle space in the last few years, we probably should ...
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Federal court backs decision to block Peabody and Arch proposed joint venture A federal court announced on Tuesday it would uphold the Federal Trade Commission's decision to block a proposed joint venture by leading coal firms Peabody Energy Corp. and Arch Resources Inc, in a move that could have widespread implications for ...
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2022 Volkswagen Taos quick drive review: This little SUV is VW's next big thing The Taos will officially debut on Oct. 13. Volkswagen. The Taos is Volkswagen's forthcoming new small SUV, and it can't get here soon enough. The 2022 VW Taos will compete in the booming subcompact crossover class, which is super important, especially ...
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Headed back to the office? These are your rights as an employee The remote work "new normal" has brought up countless questions for employers and employees. At the outset, many office workers were thrilled at their newfound lack of commute, the freedom to work from home, and the demise of business casual.
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Morgan Stanley's Mike Wilson says to add riskier stocks that will benefit from an economic recovery (This story is for CNBC Pro subscribers only.) Morgan Stanley's chief U.S. equity strategist Mike Wilson said clients should start rotating out of the bull market leaders and begin adding riskier stocks that will benefit from an eventual economic recovery.
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Molina's $380M buy vastly boosts managed care footprint in New York Molina announced Tuesday it is acquiring New York Medicaid managed care plan provider Affinity Health Plan for $380 million, another in a string of acquisitions to shore up its core business. The move will add 284,000 Medicaid members for Molina, ...
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McCormick sales skyrocket in 3Q, company announces stock split McCormick & Co. Inc. reported a 4.9% increase in profit in the third quarter as consumer demand remains elevated during the covid-19 pandemic. Hunt Valley-based McCormick on Tuesday also announced a two-for-one split of its common stock and common ...
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Beyond Meat Stock Spikes Higher on Expanded Distribution Deal Shares of plant-based meat company Beyond Meat (NASDAQ:BYND) spiked higher on Tuesday morning after the company announced an expanded distribution deal with one of the largest retail chains in the world, Walmart (NYSE:WMT). Previously, the ...
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Uber puts 116K-SF up for sublease at The Epic, CoStar reports Like many companies are doing these days, Uber Technologies Inc. has reportedly put almost 116,000 square feet on the market for sublease at The Epic, according to a report by CoStar. The San Francisco-based ride sharing company occupies 168,000 ...
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VMware, Nvidia forge partnership to make AI chips easier for business use VMware Inc. VMW, +2.53% and Nvidia Corp. NVDA, +0.97% on Tuesday announced a partnership to make VMware's software for managing data centers work more smoothly with Nvidia's artificial intelligence chips. The companies said they would give some ...
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Elon Musk says he won't take coronavirus vaccine, calls Bill Gates a 'knucklehead' SpaceX founder Elon Musk stirred the pot yet again after claiming that neither he nor his family would take a COVID-19 vaccine even if it was readily available. The 49-year-old billionaire dropped the bombshell during a Monday appearance on the New York ...
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AngioDynamics jumps on Street-beating Q1 AngioDynamics (NSDQ:ANGO) shares skyrocketed today on first-quarter results that topped the consensus forecast. Shares of ANGO were up 13.2% at $12.01 per share in mid-morning trading today. The Latham, N.Y.-based peripheral artery disease (PAD) ...
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Spanish court acquits ex-IMF boss over Bankia collapse A Spanish court has acquitted a former head of the IMF and 33 other defendants of false accounting and defrauding investors over the 2011 initial public offering of Bankia, a lender that a year later required the biggest bailout in the ...
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Pennsylvania delays launch of new unemployment system designed to change how people file, claim benefits Pennsylvania will put a hold on the roll-out of its new unemployment system that changes the way people can file and claim unemployment benefits in the Commonwealth. The Pennsylvania Department of Labor & Industry initially planned to launch the new ...
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GM Ordered to Repay Ohio $28M In Tax Credits GM shut down its Lordstown, Ohio, plant last year, despite an agreement to keep it active until 2037. Linkedin Share · Facebook Share · Twitter Share · Mail Share. Avatar. Source: Benzinga. The Ohio Tax Credit Authority has instructed General Motors to repay ...
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Lufthansa says cancelling flights connecting India and Germany till October 20 Scheduled international passenger flights have been suspended in India since March 23 due to the coronavirus lockdown. However, special flights have been permitted under "air bubble" arrangements India has formed with 13 countries, including Germany.
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Myovant shows disappointing prostate cancer data on the way to the FDA, stock sinks Myovant $MYOV has been prepping relugolix for advanced prostate cancer over the last several months, looking to improve upon the old standard in AbbVie's Lupron. But new data out Tuesday will not help its cause. Relugolix failed to meet a critical ...
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Oracle OpenWorld 2020: Miranda – business model changes are driving turn to cloud Steve Miranda, executive vice-president, applications development at Oracle, has said that customers changing their business models are those most likely to go all-in on the supplier's cloud applications suite. Speaking ahead of his keynote address to be ...
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Pinterest doubles down on shopping amid Covid ecommerce surge The photo sharing app said it was launching new features in the UK which would turn it into a 'digital store-front'. By Hannah Boland 29 September 2020 • 2:00pm. Pinterest is rolling out new shopping features in the UK to ride a surge in ecommerce demand ...
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Chicago to ease capacity restrictions on restaurants, allow drinking inside bars Bars that serve alcohol but not food will again be able to serve customers indoors, but at 25% capacity, or a maximum of 50 people — whichever is fewer. Customers are limited to two hours, and must stay seated — no ordering at the bar is allowed.
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The 1010 WINS taste test: Starbucks' Pumpkin Cream Cold Brew NEW YORK (1010 WINS) -- With the end of summer nearing, it comes as no surprise that all things flavored pumpkin or pumpkin spice are beginning to make an appearance. Among the first is Starbucks, with its Pumpkin Spice Latte and Pumpkin Cream Cold ...
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Tencent to take China's Sogou private in $3.5 billion deal (Reuters) - Sogou Inc said on Tuesday it would be taken private by shareholder Tencent Holdings Ltd for $9 per share in cash, valuing the Chinese web search firm at about $3.5 billion. U.S.-listed shares of the company were up about 3% in premarket trading ...
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Should you let Amazon's Ring drone camera into your house? Last week Amazon's Ring announced its Ring Always Home Cam drone security camera with a varying degree of pushback from the public. Should you be concerned about letting in the flying security camera in your house or is it just an overaction?
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United Natural: Fiscal 4Q Earnings Snapshot PROVIDENCE, R.I. (AP) _ United Natural Foods Inc. (UNFI) on Monday reported fiscal fourth-quarter profit of $52.4 million. On a per-share basis, the Providence, Rhode Island-based company said it had net income of 89 cents. Earnings, adjusted for one-time ...
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A Democratic sweep could hit market initially, but effect likely to be short-lived, Goldman says (This story is for CNBC Pro subscribers only.) With Election Day only about a month away, talk of a possible Democratic sweep upending markets is intensifying, but Goldman Sachs believes this fear is overblown. President Donald Trump and Joe Biden will ...
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US judge dismisses New Mexico privacy claims against Google NEW MEXICO (KRQE) – A federal judge has dismissed New Mexico's privacy claims against Google. A lawsuit filed in 2018 claimed Twitter, Google and mobile app companies illegally collected personal information without consent. A judge ruled Friday that ...
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