Leon Cooperman fears bear market if Elizabeth Warren wins: 'They won't open the stock market'
Hedge fund titan Leon Cooperman said he's concerned about a shift to the left in the political landscape, which could harm the economy and the stock market.
Sep 19, 2019 16:15 UTC Business Read More
FedEx Pilot Detained by Police in Southern China
Chinese authorities have detained a FedEx Corp. pilot in the southern city of Guangzhou, elevating pressure on the express shipping company, which is already…
Sep 19, 2019 15:25 UTC Business Read More
Airbnb announces plan to go public 'during 2020' in IPO
Airbnb on Thursday announced it plans to go public in 2020. The startup did not specify a timeline beyond "during 2020." The home-sharing rental startup was…
Sep 19, 2019 14:33 UTC Business Read More
Pizza Hut's Stuffed Cheez-It Pizza is disappointing: review
The new Cheez-It pizza from Pizza Hut does look like a Cheez-It, but there are no other similarities. We were thoroughly underwhelmed.
Sep 19, 2019 14:17 UTC Business Read More
A new Hollister store is coming to Herald Square in New York as the retailer thinks smaller
A new Hollister store is coming later this month to New York, right down the block from Macy's, Target and Victoria's Secret in the busy Herald Square shopping…
Sep 19, 2019 14:15 UTC Business Read More
Delta flight descends nearly 30,000 feet in minutes following 'cabin pressurization irregularity'
A Delta Air Lines flight headed for Fort Lauderdale, Fla., was diverted on Wednesday due to a “cabin pressurization irregularity” that reportedly forced pilots to…
Sep 19, 2019 13:20 UTC Business Read More
Microsoft's stock leads Dow gainers after dividend hike lifts yield above Apple's
Shares of Microsoft Corp. rose 1.3% to pace the premarket gainers among the Dow Jones Industrial Average's components, after the software behemoth…
Sep 19, 2019 12:48 UTC Business Read More
GM promises UAW 5,400 jobs, $7B in US investment: What it means
GM's offer to the UAW for $7 billion in U.S. investments and 5400 jobs has some nuance that the union might not like.
Sep 19, 2019 12:46 UTC Business Read More
Ryanair boss O'Leary's €99m pay sparks investor revolt
Nearly half of Ryanair's shareholders voted against a pay deal for Michael O'Leary that could hand the chief executive €99m (£88m). The Irish airline said that…
Sep 19, 2019 12:41 UTC Business Read More
Bob Iger: Disney might have merged with Apple if Steve Jobs were alive
A few days ago, Disney chief Bob Iger resigned from Apple's board of directors ahead of TV+'s launch in November -- the House of Mouse, after all, is launching.
Sep 19, 2019 12:02 UTC Business Read More
US Patriots Couldn’t Repel Attack on Saudi Oil Facilities Due to Low Efficiency – Russian MoD Source
Saudi Aramco refineries were hit hard in a drone attack, claimed by Yemen Houthis, crippling Saudi crude output for several days. In the wake of the attack, US…
Sep 19, 2019 11:35 UTC Business Read More
What happens when delivery startups use employees instead of contractors
A well-managed team of employees can be more expensive upfront, but pay off with lower churn and higher efficiency in the long run, say some execs.
Sep 19, 2019 11:03 UTC Business Read More
Huawei: Microsoft president seeks end to US tech ban
Microsoft's president has called on the US to end a ban on it supplying Huawei with Windows software for the Chinese company's computers. Huawei was…
Sep 19, 2019 10:43 UTC Business Read More
Mark Zuckerberg is privately schmoozing with some of Facebook's biggest critics in Washington this week
Facebook CEO Mark Zuckerberg is quietly schmoozing with members of Congress in an attempt to bolster his company politically.
Sep 19, 2019 10:18 UTC Business Read More
Apple’s Brand Reputation Is the Latest Victim of the U.S.-China Trade War
The company tumbled to No. 24 in an annual report on China's top brands, falling from No. 11 a year ago.
Sep 19, 2019 10:04 UTC Business Read More
Tesla's Model 3 joins Audi's E-Tron in claiming top safety award
The Tesla Model 3 has joined the Audi E-Tron as one of the safest cars on the road, earning a Top Safety Pick+ award from the Insurance Institute for Highway…
Sep 19, 2019 10:02 UTC Business Read More
'Truly saved my life': GM workers on strike fight for benefits as automaker's profits soar
For more than 46000 of GM's UAW workers, the strike is personal. They're receiving little pay and health care benefits -- but still want to fight.
Sep 19, 2019 10:01 UTC Business Read More
Apple’s Brand in China Takes a Hit From Backlash Against Trump
(Bloomberg) -- The trade war is taking its toll on Apple Inc., a new survey of Chinese consumer attitudes shows.The company tumbled to No. 24 in an annual…
Sep 19, 2019 09:03 UTC Business Read More
Global Economy Seen Sliding Toward Weakest Growth in Decade
Intensifying trade conflicts have sent global growth momentum tumbling toward lows last seen during the financial crisis, and governments are not doing enough…
Sep 19, 2019 08:59 UTC Business Read More
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