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Monthly Archives: February 2018

CNBC looks at Chinatowns worldwide

Jack Taylor | Getty Images People gather under lanterns in Chinatown on February 15, 2018, in London, England. London’s Chinese community originally settled in Limehouse, to the east of the city, in the 18th century, before relocating to Chinatown’s current Soho location in the 1950s, seeking cheap rent. In the …

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Qualcomm says open to talks with Broadcom for better offer

George Rose | Getty Images People crowd into the Qualcomm booth to view a series of new products during the annual Consumer Electronics Show on January 4, 2017 in Las Vegas, Nevada. Qualcomm is open to discussing a buyout offer from Broadcom that “reflects the true value” of the chipmaker …

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Trump tax cut going to bonuses, capital spending: Waste Management CEO

Waste Management CEO Jim Fish on CNBC Friday disputed the narrative that major companies are using most of the new corporate tax cut to buy back stock. Fish cited the trash and recycling giant’s plans as case and point, saying the company he leads is giving special bonuses of $2,000 …

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Uber aims to boost safety in the UK as London ban appeal continues

Leon Neal | Getty Images A phone displays the Uber ride-hailing app on September 22, 2017 in London, England. Uber is appealing Transport for London’s decision not to renew its operating license. Uber will report serious incidents to the police and provide licensing details to users in the U.K. as …

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Trump Cabinet officials in ethics scandals

Mike Blake | Reuters Treasury Secretary Steven Mnuchin reacts during a press conference after attending the Franchise Expo West in Los Angeles, California, November 2, 2017. In a report issued in October, Treasury’s IG said that Mnuchin’s eight flights on military jets, to destinations that ranged from West Virginia to …

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How your senators voted on failed immigration proposals

Getty Images Members of Congress arrive to the State of the Union address in the chamber of the U.S. House of Representatives January 30, 2018 in Washington, DC. A deadlocked Senate failed to move four immigration proposals forward Thursday, leaving in limbo hundreds of thousands of young immigrants, who were …

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Ellen DeGeneres explains bitcoin

Kevin Winter | One Voice: Somos Live! | Getty Images Ellen DeGeneres speaks onstage during ‘One Voice: Somos Live! A Concert For Disaster Relief’ at the Universal Studios Lot on October 14, 2017 in Los Angeles, California. You know that moment when you’re all talking about bitcoin but nobody really …

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Make or break moment for market right here where failure could mean a ‘retest’ of the lows

The S&P 500 has rallied right back up to a level that would be a logical place for it to stall, and perhaps even fall away into what many Wall Street purists still expect will be an eventual “re-test” of the recent lows. The benchmark closed at 2731, right in …

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US will impose costs on Russia for cyber ‘aggression,’ says cybersecurity czar

Rob Engelaar | AFP | Getty Images A laptop displays a message after being infected by ransomware as part of a worldwide cyberattack on June 27, 2017. NotPetya appeared in Ukraine last July and spread to Europe and the U.S., wreaking havoc on businesses including banks, shipping ports, law firms, …

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Siemens CEO defends praising Trump for US tax overhaul

TF-Images | TF-Images via Getty Images CEO Joe Kaeser gestures during the annual results press conference on November 9, 2017 in Munich, Germany. President Donald Trump deserved to be congratulated for the recent changes to the U.S. tax system, according to the chief executive of Europe’s largest industrial company. Speaking …

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