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Monthly Archives: March 2019

Facebook bans white nationalism

Saul Loeb | AFP | Getty Images Facebook founder and CEO Mark Zuckerberg arrives to testify following a break during a Senate Commerce, Science and Transportation Committee and Senate Judiciary Committee joint hearing about Facebook on Capitol Hill in Washington, DC. Facebook will ban content supporting white nationalism or separatism, …

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DOT watchdog is auditing FAA’s approval of Boeing 737 Max after 2 crashes

Stephen Brashear | Getty Images A Boeing 737 MAX 8 airliner takes off from Renton Municipal Airport near the company’s factory, on March 22, 2019 in Renton, Washington. The Department of Transportation’s watchdog has started auditing how the Federal Aviation Administration approved Boeing’s 737 Max plane, following two fatal crashes …

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Lennar, Centene, Boeing & more

Spencer Platt | Getty Images News | Getty Images Traders work on the floor of the New York Stock Exchange as the Federal Reserve Board Chairman Jerome Powell holds a news conference on December 19, 2018 in New York City. Check out the companies making headlines midday Wednesday: Lennar — …

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Bank of America’s tech chief says nothing new about the Apple Card

Victor J. Blue | Bloomberg | Getty Images Catherine Bessant, Bank Of America Bank of America’s technology and operations chief Cathy Bessant isn’t losing sleep over Apple’s new credit card. Bessant, who has led the bank’s tech division since 2010, was asked by CNBC’s Deirdre Bosa what her reaction was …

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Salesforce, Nutanix, Zuora, Twilio, Okta

Drew Angerer | Getty Images Traders work ahead of the closing bell on the floor of the New York Stock Exchange (NYSE) in New York City. Cloud stocks are getting clobbered Wednesday, posting sharper declines than the overall market. Here’s where some major cloud firms stood as of 12:30 pm …

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These stocks are seen as a good bet when interest rates fall

The Federal Reserve’s policy reversal on interest rates has driven benchmark yields to the lowest levels in more than a year. For stock investors, the falling rates environment is now favoring one particular sector: consumer staples. These stocks have been long viewed as defensive plays at times when investors are …

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Barclays International CEO Tim Throsby to leave as part of executive overhaul

Matt Crossick/PA Images via Getty Images Barclays Bank’s UK headquarters in Canary Wharf, London. Barclays Plc on Wednesday said the top boss of Barclays International and Barclays Bank Plc, Tim Throsby, had decided to leave the lender as part of wider leadership changes at the banking giant. “Restructuring is behind …

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Senate Democrats propose sweeping election reform bill amid likely opposition

Allison Shelley | Getty Images Senator Charles Schumer (D-NY) speaks as Senators Sheldon Whitehouse (D-RI), left, and Tom Udall (D-NM), right, listen during a news conference in the U.S. Capitol building on June 23, 2016 in Washington, DC. Senate Democrats on Wednesday unveiled a sweeping bill to protect and expand …

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McDonald’s reportedly to stop lobbying against minimum wage hikes

Getty Images Demonstrators gather in front of a McDonald’s restaurant to call for an increase in minimum wage on April 15, 2015 in Chicago, Illinois. McDonald’s will no longer take part in efforts to lobby against raising the minimum wage at the federal, state or local level, the fast-food giant …

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Pichai will meet with military chief about Google’s AI work in China

Andrew Harrer | Bloomberg | Getty Images Sundar Pichai, chief executive officer of Google LLC, arrives to the White House for a meeting in Washington, D.C., U.S., on Thursday, Dec. 6, 2018. Google CEO Sundar Pichai will meet with Joint Chiefs of Staff Chairman Gen. Joseph Dunford Wednesday after the …

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