A logo of of Lufax website Lu.com, is seen at the company’s headquaters on May 28, 2020 in Shanghai, China. Wu Jun | Visual China Group | Getty Images GUANGZHOU, China — Lufax, one of China’s biggest wealth management platforms, has filed to go public in the U.S., amid a […]
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JPMorgan Chase makes $30 billion commitment to help close America’s racial wealth gap
JPMorgan Chase CEO Jamie Dimon speaks at the North America’s Building Trades Unions (NABTU) 2019 legislative conference in Washington, April 9, 2019. Jeenah Moon | Reuters JPMorgan Chase is making a $30 billion commitment it says will help address U.S. wealth inequality, especially in traditionally underserved Black and Latino communities. […]
Smaller hams, downsized desserts: Sam’s Club adds petite packs as Americans plan smaller holiday gatherings during pandemic
Sam’s Club is known for its big and bulky items, from giant packs of paper towels and supersized containers of laundry detergent to huge bags of snacks that can feed a party. This holiday season, however, the Walmart-owned warehouse club is shrinking down the size of some foods to better fit […]
Here are the highlights from the vice presidential debate between Mike Pence and Kamala Harris
People watch the debate between U.S. Vice President Mike Pence and Democratic vice-presidential nominee Kamala Harris at a tavern in San Diego, California, October, 7, 2020. Mike Blake | Reuters The one and only debate between Vice President Mike Pence and Sen. Kamala Harris was quieter, clearer and more disciplined […]
Plexiglass barriers at Pence-Harris debate ‘are a joke,’ won’t stop coronavirus, medical experts say
The Commission on Presidential Debates is taking extra precautions at Wednesday night’s vice presidential debate given the coronavirus outbreak in the White House, but pictures of two curved plexiglass barriers they plan to use has some epidemiologists and airborne pathogen specialists scratching their heads. Vice President Mike Pence, a Republican, and […]
Nikola founder Trevor Milton sues Utah businessman for defamation over tweets about treatment of women
Nikola founder Trevor Milton has sued a Utah businessman for defamation, accusing him of a “malicious campaign to harass” and discredit the billionaire by publicly accusing him over Twitter of sexually abusing women, according to the lawsuit filed this week. David Bateman, founder and CEO of software company Entrata, started tweeting about […]
Tesla owner says he butt-dialed a $4,280 Autopilot upgrade — and is still waiting on a refund
In this photo illustration, the Tesla website showing the Tesla 3 model is displayed on the screen of an iPhone on March 18, 2019 in Paris, France. Chesnot | Getty Images News | Getty Images On September 24th, physician Dr. Ali Vaziri was unpleasantly surprised by a mobile alert from […]
Big Tech stocks are buys on any negative antitrust news, Jim Cramer says
Big Tech stocks barely flinched one day after members of Congress recommended parts of their underlying companies be broken up, but investors should be ready to buy if the stocks dip in the future, CNBC’s Jim Cramer said Wednesday. “The time these Big Tech stocks get hit by some bad […]
‘No. 1 catalyst’ for market volatility is virus aid gridlock – not election uncertainty
National Securities’ Art Hogan blames the market’s wild swings on lawmakers’ inability to pass a second round of direct coronavirus relief. According to the firm’s chief market strategist, the gridlock influencing stocks is even more powerful than election uncertainty. “The No. 1 catalyst in this market causing the most volatility is […]
Trump returns to Oval Office after doctor says he’s been free of coronavirus symptoms
U.S. President Donald Trump gestures on the Truman Balcony after returning to the White House from Walter Reed National Military Medical Center on Oct. 5, 2020. Win McNamee | Getty Images President Donald Trump was briefed in the Oval Office on Wednesday after one of the doctors treating him for […]