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David Paul Morris | Bloomberg | Getty Images William ‘Bill’ McGlashan, founder and managing partner of TPG Growth LLC, speaks during a television interview in San Francisco, California. The college admissions scandal that broke earlier this week has put the private equity firm TPG and one of its senior executives …
Read More »Monthly Archives: March 2019
Ford is cutting 5,000 jobs in Germany with more cuts coming for the UK
Oliver Berg | picture alliance | Getty Images North Rhine-Westphalia, Köln: An employee installs a door in a Ford Fiesta at the Ford plant. The US car manufacturer Ford wants to cut 5000 jobs in Germany. Ford is cutting 5,000 jobs in Germany and more in the U.K. as part …
Read More »AWS pilots Pro-Rata Program to connect investors with start-ups
David Paul Morris | Bloomberg | Getty Images Andy Jassy, chief executive officer of web services at Amazon.com Inc., speaks during the Amazon Web Services (AWS) Summit in San Francisco, California, U.S., on Wednesday, April 19, 2017. Amazon is testing a new way to bolster its relationship with start-ups and …
Read More »Steven Mnuchin’s Hollywood ties spark ethics questions in China trade talks
Anna Moneymaker | Bloomberg | Getty Images Steven Mnuchin, U.S. Treasury secretary, arrives to testify during a House Ways and Means Committee hearing in Washington, D.C., U.S., on Thursday, March 14, 2019. Treasury Secretary Steven Mnuchin, one of the Trump administration’s lead negotiators in China trade talks, has pushed Beijing …
Read More »Apple’s new streaming service seeks Oscar glory
Mario Anzuoni | Reuters An Oscar statue is seen during a media preview of this year’s Academy’s Governors Ball in Los Angeles, California, February 15, 2019. Apple is entering the streaming wars and it’s hoping to take home several gold statues for its troubles. According to a report from Bloomberg, …
Read More »Facebook stocks falls after Cox exit, outage, threats from Washington
Facebook Facebook’s chief product officer, Chrix Cox, left, and CEO Mark Zuckerberg. Facebook stock is falling Friday, the day after Chief Product Officer Chris Cox announced he was leaving the company in light of its recent pivot to privacy. Shares fell as much as 4.5 percent in early trading, sinking …
Read More »U.S. has ‘every expectation’ North Korea will continue moratorium on missile testing, Pompeo says
Chip Somodevilla | Getty Images Secretary of State Mike Pompeo holds a news conference at the State Department March 11, 2019 in Washington, DC. The U.S. expects North Korean leader Kim Jong Un to continue his moratorium on nuclear and missile testing, Secretary of State Mike Pompeo said Friday. Pompeo’s …
Read More »Spielberg and Netflix’s Sarandos meet, sparking hope for Oscars’ truce
Matt Winkelmeyer | Getty Images Entertainment | Getty Images Steven Spielberg attends the 55th Annual Cinema Audio Society Awards at InterContinental Los Angeles Downtown on February 16, 2019 in Los Angeles, California. Steven Spielberg, a film industry titan with 58 directorial credits to his name, has long been vocal about …
Read More »Tesla shares fall 5 percent after company unveils Model Y
Frederic J. Brown | AFP | Getty Images Tesla CEO Elon Musk views the new Tesla Model Y at its unveiling in Hawthorne, California on March 14, 2019. Tesla shares opened down 5 percent Friday morning, hours after the company unveiled the Model Y crossover utility vehicle that some Wall …
Read More »Former Trump campaign official Rick Gates ‘continues to cooperate’ in several investigations
Getty Images Richard Gates, former associate to Paul Manafort, leaves the Prettyman Federal Courthouse after a hearing February 23, 2018 in Washington, DC. Former Trump campaign official Rick Gates “continues to cooperate with respect to several ongoing investigations,” special counsel Robert Mueller said in court filing Friday. The joint report …
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