FABRICE COFFRINI | AFP | Getty Images A Swiss flag flies over a sign of Swiss bank Credit Suisse on May 8, 2014 in Bern. “We are surprised about this investigation and are convinced that the allegations will prove to be unfounded,” Credit Suisse said in a statement. “We already …
Read More »Warren Buffett’s Berkshire Hathaway reported its third-quarter holdings on Wednesday, revealing a new $4 billion stake in J.P. Morgan Chase. The latest addition to the “Oracle of Omaha” portfolio emphasizes Berkshire Hathaway’s growing confidence in the U.S. banking system, with half of the firm’s top positions in some of the …
Read More »Jim Watson | AFP | Getty Images Facebook COO Sheryl Sandberg testifies before the Senate Intelligence Committee on September 5, 2018. Facebook expanded its relationship with a Washington-based public relations firm last year that wrote dozens of articles critical of rivals Google and Apple and pushed the idea that liberal …
Read More »J. Scott Applewhite | AP Sen. Jeff Flake, R-Ariz., speaks with reporters before he and Sen. Chris Coons, D-Del., try to bring up the legislation to protect special counsel Robert Mueller, at the Capitol in Washington, Wednesday, Nov. 14, 2018. Sen. Jeff Flake said Wednesday that he will refuse to …
Read More »Jack Taylor | Getty Images News | Getty Images Pro-EU protesters demonstrate against Brexit with flags outside the House of Parliament on November 13, 2018 in London, England. European Union Trade Commissioner Cecilia Malmstrom told CNBC on Wednesday she hopes that EU member states will approve the new draft Brexit …
Read More »Patrick T. Fallon | Bloomberg | Getty Images Josh Harder, Democratic U.S. Representative candidate from California, smiles during a campaign rally with former U.S. President Barack Obama, not pictured, in Anaheim, California, U.S., on Saturday, Sept. 8, 2018. Democrat Josh Harder, a former venture capitalist, is the apparent winner of …
Read More »Tom Williams | CQ Roll Call | Getty Images From left, Reps. Bill Pascrell, D-N.J., Dave Loebsack, D-Iowa, Nanette Barragan, D-Calif., and Ruben Gallego, D-Ariz., descend the House Steps of the Capitol after a vote on May 3, 2017. PresidentDonald Trump’s trade deal with Canada and Mexico can’t pass Congress …
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Yu Chun Christopher Wong | S3studio | Getty Images A visual representation of the digital Cryptocurrency, Bitcoin, is seen on September 04 2018 in Hong Kong, Hong Kong. Bitcoin’s moment of relative stability ended abruptly Wednesday. The world’s largest cryptocurrency hit its lowest level of the year, falling as much as …
Read More »Evan Agostini | Invision | AP Jan Singer, Victoria’s Secret CEO The CEO of Victoria’s Secret’s lingerie division, Jan Singer, has resigned and plans to step down after working at the retailer for two years, a person briefed on the matter told CNBC. The lingerie company, owned by L Brands, …
Read More »Andrew Harrer | Bloomberg | Getty Images Alan Greenspan, former Federal Reserve chairman and president and founder of Greenspan Associates. Former Federal Reserve Chairman Alan Greenspan said Wednesday he is “beginning to see the first signs” of inflation in the U.S. economy, speaking in an interview with Bloomberg Television . …
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