Cheng Wei, chairman and chief executive officer of Beijing Xiaoju Keji Didi Dache Co., pauses at the Boao Forum For Asia Annual Conference in Boao, China, on Wednesday, March 23, 2016. The annual event sees business and political leaders come together and runs from March 22 to 25. Qilai Shen | Bloomberg | Getty Images
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E. Jean Carroll visits ‘Tell Me Everything’ with John Fugelsang in the SiriusXM Studios on July 11, 2019 in New York. Noam Galai | Getty Images Former President Donald Trump on Friday lost his effort to be allowed to countersue and seek financial damages from the writer E. Jean Carroll, who accuses him of raping
U.S. Senate Majority Leader Chuck Schumer (D-NY) speaks to reporters following the Senate Democrats weekly policy lunch at the U.S. Capitol in Washington, U.S., March 1, 2022. Elizabeth Frantz | Reuters The Senate passed a $1.5 trillion funding bill Thursday night to keep the government running through September and bolster both humanitarian and military efforts
In this article @CL.1 Chairman Joe Manchin, D-W.Va., conducts a Senate Energy and Natural Resources Committee hearing on domestic and international energy price trends, in Dirksen Building on Tuesday, November 16, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images West Virginia Joe Manchin, the most conservative Democrat in the Senate, is complicating President
In this article SBUX The Starbucks Workers United hub in Buffalo on November 16, 2021. Libby March | The Washington Post | Getty Images Three more Starbucks locations in the Buffalo, New York, area have voted in support of unionizing, dealing yet another blow to the coffee giant as more of its workers organize. The
In this article LYFT The Lyft Driver Hub is seen in Los Angeles, California. Lucy Nicholson | Reuters Lyft on Wednesday announced it was shifting to a “fully flexible” work option, allowing workers the choice of where to live and work. The move makes Lyft the latest tech company to change its office policies to
In this article VOW3-DE VW ID. Buzz VW Volkswagen is resurrecting its iconic microbus — the quintessential van associated with traveling Deadheads and the 1960s counterculture — as an all-electric van called the ID. Buzz. The German automaker on Wednesday finally unveiled the electric vehicle as a 21st-century descendent of its T1 Microbus. VW has
Google’s Senior Vice President Sundar Pichai gives a keynote address during the opening day of the 2015 Mobile World Congress (MWC) in Barcelona on March 2, 2015. Lluis Gene | AFP | Getty Images Google announced Tuesday that it plans to buy cybersecurity firm Mandiant for around $5.4 billion as part of an effort to better protect
People wait in line for t-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an IPO earlier in the day on July 29, 2021 in New York City. Spencer Platt | Getty Images News | Getty Images Macro conditions were already troubling for tech. With
A Tesla Model Y is seen in a production hall of the Tesla Gigafactory during the open day. In Grünheide, east of Berlin, the first vehicles are to roll off the production line from the end of 2021. Patrick Pleul | picture alliance | Getty Images A “major overhang” on Tesla’s stock has been removed
In this article OXY Carl Icahn has sold the last of what was once a 10% stake in energy company Occidental Petroleum, The Wall Street Journal reported, ending an uneasy relationship between the billionaire activist investor and the oil-and-gas producer just as the latter’s shares surge. Carl Icahn speaking at Delivering Alpha in New York
New Jersey Governor Phil Murphy speaks to volunteers as he meets with Newark Mayor Ras Baraka during the gubernatorial election in Newark, New Jersey, November 2, 2021. Eduardo Munoz | Reuters New Jersey Gov. Phil Murphy on Friday said large-scale mitigation measures are no longer needed to fight Covid, lifting a public health emergency order
In this article DIS People gathered in Glendale in February to protest the city’s approval to build a fossil-fueled power plant. Courtesy of Morgan Goodwin Glendale, a Los Angeles suburb that’s home to Walt Disney Imagineering and the famous Brand Boulevard, could be the last city in California to build a fossil-fueled power plant. The
CEO of Activision Blizzard, Bobby Kotick, speaks onstage during “Managing Excellence: Getting Consistently Great Results” at the Vanity Fair New Establishment Summit at Yerba Buena Center for the Arts on October 19, 2016, in San Francisco. Michael Kovac | Getty Images Coca-Cola Co. said Friday that Bobby Kotick, CEO of video game publisher Activision Blizzard,
Oil pumping jacks, also known as “nodding donkeys”in a Rosneft Oil Co. oilfield near Sokolovka village, in the Udmurt Republic, Russia, on Friday, Nov. 20, 2020. Bloomberg | Bloomberg | Getty Images The U.S. Treasury Department clarified Friday afternoon that Wall Street’s traders and banks can continue to buy and sell Russian oil and gas
In this article ABNB Brian Chesky, CEO of Airbnb. Getty Images Home-sharing platform Airbnb is suspending all operations in Russia and Belarus. Brian Chesky, the company’s CEO and co-founder, announced the move on Twitter late on Thursday as companies continue to boycott Russia following its invasion of Ukraine. Airbnb did not immediately respond when CNBC
An employee works on a Ford Motor Co. Super Duty Truck engine at the Ford Kentucky Truck Plant in Louisville, Kentucky, Sept. 30, 2016. Luke Sharrett | Bloomberg | Getty Images Ford Motor is once again cutting production of highly profitable trucks and SUVs due to an ongoing global shortage of semiconductor chips that has
U.S. Treasury yields advanced on Thursday morning, despite the intensifying conflict between Russia and Ukraine. The yield on the benchmark 10-year Treasury note climbed 1 basis point to 1.8784% at 4:50 a.m. ET. The yield on the 30-year Treasury bond moved 1 basis point higher to 2.25%. Yields move inversely to prices and 1 basis