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Sebastien Bozon | AFP | Getty Images An employee of General Electric works on a gas turbine at the GE plant in Belfort, France. General Electric has spun off several businesses to generate cash and shrink its footprint but one Wall Street analyst thinks its divestitures may have gone too …
Read More »Shutdown could mean ‘zero’ growth in Q1
Nicholas Kamm | AFP | Getty Images Kevin Hassett, Chairman of the Council of Economic Advisers, speaks during a briefing at the White House in Washington, DC, on September 10, 2018. The chairman of President Donald Trump’s Council of Economic Advisers said Wednesday the United States could post no economic …
Read More »Apple and Microsoft CEOs seen at Davos dinner with Brazilian president
Jason Alden | Bloomberg | Getty Images Jair Bolsonaro, Brazil’s president, delivers a speech during a special address on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 22, 2019. Apple CEO Tim Cook and Microsoft CEO Satya Nadella were seen at the same …
Read More »Alibaba’s Jack Ma suggests technology could result in a new world war
Fabrice Coffrini | AFP | Getty Images Alibaba Group co-founder and executive chairman Jack Ma gestures during a pannel session at the World Economic Forum (WEF) annual meeting, on January 23, 2019 in Davos, eastern Switzerland. Chinese billionaire Jack Ma has warned that technology could lead to a third world …
Read More »Dimon says US and China will agree on enough to extend trade deal deadline in March
Adam Galica | CNBC Jamie Dimon, Chairman, CEO and President of JP Morgan Chase at the 2018 WEF in Davos, Switzerland. J.P. Morgan CEO Jamie Dimon believes the U.S. and China will reach an agreement before the the start of March to extend the trade negotiation deadline. “I think they’ll …
Read More »Boeing takes step in developing Uber Air with successful test flight
Frederic Stevens | Getty Images The Boeing B737 Max 9 on June 20, 2017. Boeing is coming closer to making its flying taxis for Uber a reality with the launch of its first successful test flight. Boeing executives are convinced they are on the right path to developing on-demand autonomous …
Read More »Rate of Americans without insurance rises to 4-year high, survey
Linda Davidson | The Washington Post | Getty Images The waiting room at Mary’s Center in Washington, DC on February 24, 2014. Mary’s Center is a non-profit health center for the underserved, uninsured or underinsured. The percentage of U.S. adults without health insurance reached a four-year high in the last …
Read More »Charts reveal buying opportunities in some Chinese stocks
The stocks of a few top-notch Chinese companies may have already bottomed as a result of the U.S.-China trade dispute and could soon be buying opportunities for investors, a top chartist tells CNBC’s Jim Cramer. Cramer, who has been steering investors away from Chinese stocks for the better part of …
Read More »Department of Labor accuses Oracle of discrimination
David Paul Morris | Bloomberg | Getty Images Mark Hurd, co-chief executive officer of Oracle Corp., speaks during the Oracle OpenWorld 2018 conference in San Francisco, California, U.S., on Tuesday, Oct. 23, 2018. The U.S. Labor Department accused Oracle of wage discrimination practices that cost female and minority employees $400 …
Read More »‘Black Panther’ made more money than the other best picture nominees
“Black Panther” made Academy Award history on Tuesday, becoming the first superhero movie to earn a best picture nomination in the history of the prestigious Hollywood award show. The flick, directed by Ryan Coogler, has been lauded for its diverse casting and as a breakthrough for representation in the film …
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