Alibaba Group Holding Ltd. co-founder Jack Ma said his promise to create 1 million jobs in the U.S. is impossible to fulfill because of the U.S.-China trade war, a setback in one high-profile effort for deeper cooperation between the world’s two largest economies. Ma, China’s richest man, made the remarks in an interview in the…
Amazon considering opening up to 3,000 cashierless stores by 2021: Bbg
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Shares of U.S. supermarket chains Kroger Co (KR.N) and Target Corp (TGT.N) fell between 1 and 2 percent following the news. Amazon shares were down about 1 percent. The company currently has three Amazon Go stores in Seattle, and plans to expand in Chicago, San Francisco and New York.
Warren Buffett Proves ‘Bad News Is an Investor’s Best Friend’
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Buffett’s 2008 financial crisis investing strategy has paid off.
Qualcomm’s Mollenkopf Sees Chance of Apple Settlement This Year
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Qualcomm Inc. Chief Executive Officer Steve Mollenkopf said a bitter standoff between the chip maker and Apple Inc. is entering a period when both sides have an increasing incentive to settle. In coming months, the companies will be forced to make their case in front of jurors and judges in the U.S., China, Germany and…
Musk says Tesla now in "delivery logistics hell"
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“Sorry, we’ve gone from production hell to delivery logistics hell, but this problem is far more tractable. Should be solved shortly,” Musk said in a tweet in response to a customer complaint on delivery delay. The 47-year-old billionaire who earlier this month faced investor ire over smoking marijuana on a live web show, has indicated…
The company behind the $530 smartphone that's as good as the iPhone will release its first-ever TV
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Chinese smartphone manufacturer OnePlus plans to move beyond mobile devices for the first time ever with a new product: The OnePlus TV. OnePlus founder Pete Lau says his vision is to make a TV with seamless connectivity to a user’s smartphone. The OnePlus TV is in the early stages of development, and could be launched…
Boeing Beats Airbus Again With Strong August Order Activity
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The U.S. aerospace giant remains on track to outpace its European rival in terms of aircraft orders this year.
3 Reasons AMC Is Beating MoviePass at Its Own Game
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AMC Stubs A-List continues to grow at the expense of Helios and Matheson Analytics' multiplex subscription service.
A Big Rise for Your 2019 Social Security Benefits Is Almost a Sure Thing
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The latest inflation data points to the biggest boost in seven years.
3 Things You Might Be Overlooking With AbbVie
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Pessimism about the big pharma could be way overdone.
Why Solar Stocks Are Struggling in 2018
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Demand is down, supply is up, and everyone is lowering prices.
Canopy Growth Corporation (CGC) Stock Sinks As Market Gains: What You Should Know
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Canopy Growth Corporation (CGC) closed at $51.05 in the latest trading session, marking a -0.31% move from the prior day.