Tag: business news

Mueller witness George Nader pleads guilty to child sex, porn charges

Mueller witness George Nader pleads guilty to child sex, porn charges

This 1998 frame from video provided by C-SPAN shows George Nader, president and editor of Middle East Insight. As an adviser to Abu Dhabi’s crown prince, Sheikh Mohammed bin Zayed Al Nahyan, Nader worked throughout 2017 with Elliott Broidy, a fundraiser for President Donald Trump, in a secretive lobbying effort to alter U.S. policy in […]

Joe Biden campaign chairman rallies Wall Street donors for fundraising push

Joe Biden campaign chairman rallies Wall Street donors for fundraising push

Democratic presidential candidate, former Vice President Joe Biden delivers remarks on the Trump administration’s recent actions in Iraq at Current, Chelsea Piers in New York City. Ron Adar | Barcroft Media | Getty Images Joe Biden’s campaign chairman privately met with some of Wall Street’s top donors last week in an attempt to rally them […]

US won’t consider China a currency manipulator ahead of trade deal

US won’t consider China a currency manipulator ahead of trade deal

Chinese Vice Premier Liu He (2nd L) says goodbye to U.S. Treasury Secretary Steven Mnuchin as they break from meetings at the USTR offices May 10, 2019 in Washington, DC. Chip Somodevilla | Getty Images The United States removed China from a list of countries considered currency manipulators just two days before top trade negotiators […]

AMC and Regal won’t screen Netflix’s Oscar best picture nominees

AMC and Regal won’t screen Netflix’s Oscar best picture nominees

Still from Netflix’s “Marriage Story.” Netflix Netflix may have been nominated for 24 Academy Awards on Monday, but it’s getting snubbed by AMC and Regal. The streaming service’s two best picture nominees — “The Irishman” and “Marriage Story” — will not be included in either of the theater chains’ best picture showcases. In the wake […]

Yuan higher before the U.S. said China is no longer a manipulator

Yuan higher before the U.S. said China is no longer a manipulator

U.S. President Donald Trump (R) and Chinese Vice Premier Liu He talk to reporters in the Oval Office at the White House April 04, 2019 in Washington, DC. Chip Somodevilla | Getty Images A Chinese clerk counts renminbi yuan banknotes at a bank in China on December 2015. Jie Zhao | Corbis News | Getty […]

TGI Fridays plans to revamp its bars as it prepares to go public again

TGI Fridays plans to revamp its bars as it prepares to go public again

People outside a TGI Fridays in Dublin city center. On Friday, March 15, 2019, in Dublin, Ireland. Artur Widak | NurPhoto | Getty Images T.G.I. Fridays, which is known for being the original singles bar, is planning to revamp its bar business as the company prepares to be publicly traded again for the first time […]

Watch out for this ‘anomaly’ when buying gold: Investor

Watch out for this ‘anomaly’ when buying gold: Investor

You may want to think twice before you go mining for precious metal ETFs. While now might seem like a good time to buy gold, with gold ETFs seeing more than $500 million in outflows in the first few weeks of 2020 as enthusiasm around the typically risk-averse yellow metal cooled, industry pros say investors […]

Cloudera appoints former Hortonworks chief Rob Bearden as CEO

Cloudera appoints former Hortonworks chief Rob Bearden as CEO

Data software company Cloudera named Rob Bearden as its new CEO on Monday. Bearden was previously the CEO of rival Hortonworks, which merged with Cloudera last year in a stock swap that valued the combined companies at $5.2 billion. Shares of Cloudera rose 3% in extended trading following the announcement. Bearden is a familiar face […]

Lamborghini’s 2019 sales jump 43%, driven by its Urus SUV

Lamborghini’s 2019 sales jump 43%, driven by its Urus SUV

Exterior of the 2019 Lamborghini Urus with a base retail price starting at $200,000. Adam Jeffery | CNBC Lamborghini reported a scorching 43% jump in sales in 2019, driven by its new Urus SUV. Lamborghini is the latest high-end car company to report record sales in 2019, boosted by their hulking, powerful SUV’s than traditional […]

Tesla is an ‘existential threat’ to automakers

Tesla is an ‘existential threat’ to automakers

Tesla has shown it presents a significant risk to legacy automakers as the electric vehicle market grows more crowded, Oppenheimer analyst Colin Rusch told CNBC on Monday. Rusch became the biggest Tesla bull on Wall Street earlier in the day, when he raised his price target on the stock by nearly 60% to $612 per […]