Tag: business news

LSU smothers Clemson to seize college football’s national championship

LSU smothers Clemson to seize college football’s national championship

Joe Burrow #9 of the LSU Tigers reacts to a touchdown against Clemson Tigers during the third quarter in the College Football Playoff National Championship game at Mercedes Benz Superdome on Jan. 13, 2020 in New Orleans, Louisiana. Jonathan Bachman | Getty Images LSU and its Heisman Trophy-winning quarterback, Joe Burrow, comfortably beat defending champions […]

China December 2019 trade, imports, exports

China December 2019 trade, imports, exports

Shipping containers sit stacked at Qingdao Port after snow on February 14, 2019 in Qingdao, Shandong Province of China. Visual China Group | Getty Images China’s dollar-denominated exports and imports were both higher in December, Reuters reported citing data from the General Administration of Customs. In December, dollar-denominated exports rose 7.6% on-year, against a 1.3% drop […]

North Korea remains open to dialogue with the US, South Korea’s Moon says

North Korea remains open to dialogue with the US, South Korea’s Moon says

President Donald Trump and North Korea’s leader Kim Jong-un stand on North Korean soil while walking to South Korea in the Demilitarized Zone (DMZ) on June 30, 2019, in Panmunjom, Korea. Brendan Smialowski | AFP | Getty Images South Korean President Moon Jae-in said on Tuesday it was too early to be pessimistic about stalled […]

Barr says Apple not providing ‘substantive assistance’ on locked iPhone

Barr says Apple not providing ‘substantive assistance’ on locked iPhone

U.S. Attorney General William Barr speaks at the International Conference on Cyber Security at Fordham University School of Law on July 23, 2019 in New York City. Drew Angerer | Getty Images Attorney General William Barr said during a press conference on Monday that Apple had not helped the FBI crack into password-protected iPhones used […]

Instacart insists its tipping policy is correct, despite boycott threat

Instacart insists its tipping policy is correct, despite boycott threat

A shopper for Instacart navigates through the aisles as she shops for a customer. Cyrus McCrimmon | Denver Post | Getty Images Instacart isn’t budging on the default tip rate on its platform amid growing calls for food and grocery delivery companies to increase payouts to contract workers. Nilam Ganenthiran, Instacart’s president, said the current […]

Warren says Sanders told her a woman couldn’t win the presidency

Warren says Sanders told her a woman couldn’t win the presidency

Sen. Elizabeth Warren said late Monday that Sen. Bernie Sanders had told her he didn’t think a woman could win the 2020 election — a statement the Sanders campaign had blasted as “a lie” earlier in the day. “Bernie and I met for more than two hours in December 2018 to discuss the 2020 election, […]

Blow to Amazon as Seattle passes new political spending restrictions

Blow to Amazon as Seattle passes new political spending restrictions

Amazon CEO Jeff Bezos attends a commemoration ceremony held in front of Saudi consulate on the first anniversary of his murder, in Istanbul, Turkey on October 02, 2019. Elif Ozturk | Anadolu Agency | Getty Images The Seattle City Council passed a bill Monday that establishes new restrictions on corporate donations in local elections, delivering […]

Jim Cramer’s ‘Mad Money’ recap & stock picks Jan. 13, 2020

CNBC’s Jim Cramer warned the recent gains in Alphabet could be short lived when the company reports earnings in coming weeks. The “Mad Money” host broke down the movements in other stocks that he said aren’t “momentum” based. Later in the show he sat down with GlaxonSmithKline CEO Emma Walmsley and CVS Health CEO Larry […]

Visa to acquire fintech company Plaid in $5.3 billion deal

Visa to acquire fintech company Plaid in $5.3 billion deal

Plaid co-founders William Hockey and Zach Perret Source: Plaid Payments giant Visa is buying Silicon Valley start-up Plaid in a deal worth $5.3 billion, the companies announced Monday. Plaid’s API software, often referred to as the “plumbing” behind fintech companies, lets start-ups connect to users’ bank accounts. It’s well-known among financial technology developers, but the […]

600 HealthHUBs will be opened by the end of 2020

600 HealthHUBs will be opened by the end of 2020

CVS Health CEO Larry Merlo told CNBC Monday that the health retailer is on track to meet its goal of rehabbing more than one thousand of its stores and said the chain is seeing positive early results. CVS launched three of its HealthHUB concept stores in the Houston, Texas region near the end of 2018 […]