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Bloomberg | Bloomberg | Getty Images Passengers walk through the terminal building of Shanghai Pudong International Airport in Shanghai, China, on Saturday, Oct. 26, 2013. A partner for a large New York law firm returned from a business trip to China just before Thanksgiving, shortly before the arrest of Huawei …
Read More »GM plans to relocate 1,100 factory workers as part of 14,000 job cuts
Cole Burston | Bloomberg | Getty Images A General Motors Co. worker attends an information meeting at Unifor Union Hall in Oshawa, Ontario, Canada, on Monday, Nov. 26, 2018. More than 1,100 General Motors employees have already volunteered to transfer from plants where the automaker is cutting jobs to other …
Read More »Goldman downgrades Walgreens’ stock to rare ‘sell,’ shares fall
Christopher Lee | Bloomberg | Getty Images A pedestrian passes in front of a Walgreens Boots Alliance Inc. store in the Hollywood neighborhood of Los Angeles, California. Goldman Sachs downgraded shares of Walgreens to a rare “sell” rating Friday, doubting that the pharmacy chain’s plans to transform its drugstore business …
Read More »Facebook bug exposed photos from up to 6.8 million users
Marlene Awaad | Bloomberg | Getty Images Mark Zuckerberg, chief executive officer and founder of Facebook Inc., listens during the Viva Technology conference in Paris, France, on Thursday, May 24, 2018. A Facebook bug exposed photos from up to 6.8 million users using third-party apps, the company disclosed Friday. The …
Read More »Shoppers return to liquidating Sears stores, boost same-store sales
Scott Olson | Getty Images Shoppers walk toward a Kmart store in Elmhurst, Illinois. Customers who abandoned Sears Holdings in favor of shopping online and other discount retailers have returned for its liquidation sales. For the first time in years, the 125-year-old retailer, which filed for bankruptcy in October, saw …
Read More »Tesla will revolutionize consumer habits like Amazon, Apple
David McNew | AFP | Getty Images Tesla Motors CEO Elon Musk unveils large utility scale home batteries at the Tesla Design Studio in Hawthorne, California. Wedbush Securities began coverage of Tesla shares on Friday with an outperform rating, saying Elon Musk’s electric vehicle and energy storage company is now …
Read More »China reports November fixed asset investment, industrial production
Fu Tian | China News Service | Visual China Group via Getty Images Giant Panda statues at the China International Import Expo (CIIE) — held from Nov. 5 to Nov. 10, 2018 at the National Exhibition and Convention Center in Shanghai, China. China on Friday reported industrial output and retail …
Read More »These stocks represent good value, but they aren’t buys
Adam Jeffery | CNBC Jerome Powell, Chairman of the Federal Reserve, speaking at the New York Economic Club on Nov. 181128. The economy is showing signs of weakness that should make the Federal Reserve think twice about raising interest rates after December’s widely anticipated hike, Cramer warned on Thursday. “There’s …
Read More »SeaWorld says DOJ probe into ‘Blackfish’ statements is over
Gerardo Mora | Getty Images Killer whale ‘Tilikum’ (back) appears during a performance in its show ‘Believe’ at Sea World on March 30, 2011 in Orlando, Florida. SeaWorld Entertainment says it has been notified that the U.S. Department of Justice is ending its probe into whether company officials misled investors …
Read More »Tim Cook didn’t run a contest like Amazon for Apple’s new campuses
Justin Sullivan | Getty Images Tim Cook, chief executive officer of Apple, speaks during an event at the Steve Jobs Theater at Apple Park on September 12, 2018 in Cupertino, California. Apple CEO Tim Cook kept his promise in placing Apple’s newest campuses — spanning several states and including a …
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