Quavo performs onstage at Michael Rubin’s Fanatics Super Bowl Party at Loews Miami Beach Hotel on February 01, 2020 in Miami Beach, Florida. Kevin Mazur | Getty Images Michael Rubin’s e-commerce powerhouse Fanatics has increased its value to $6.2 billion — up from $4.5 billion – after raising a $350 million […]
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Innovation is seeing a major inflection point due to the pandemic, early growth investor finds
A powerful push in innovation is creating excitement among venture capitalists. Early stage angel investor Nidhi Chadda of Enzo Advisors finds the coronavirus fallout is producing a seismic shift in how the world does business, and she believes much of it will be permanent. “Over the past several years regardless […]
What’s next for coronavirus stimulus after lawmakers leave D.C. with no deal in sight: CNBC After Hours
CNBC.com’s MacKenzie Sigalos brings you the day’s top business news headlines. On today’s show, CNBC’s Eamon Javers breaks down what to watch as lawmakers leave D.C. without reaching a deal on a new round of economic relief for the coronavirus pandemic. Plus, CNBC’s Kate Rooney tells us about the stock-picking […]
Trump calls Biden’s coronavirus plan unscientific, rejects call for national mask mandate
President Donald Trump on Thursday rejected former Vice President Joe Biden’s call for a national mask mandate to combat the coronavirus, accusing the Democratic candidate for president of politicizing the outbreak and of shunning science in combating the pandemic. “It’s a shameful situation for anybody to try and score political […]
Coronavirus live updates: Congress leaves without passing relief bill; Fauci concerned with U.S. outbreak
Here are some of the major developments on Thursday: The following data was compiled by Johns Hopkins University: Global cases: More than 20.7 million Global deaths: At least 751,448 U.S. cases: More than 5.2 million U.S. deaths: At least 166,777 Free America Network Articles
California court rules Amazon can be liable for defective goods sold on its marketplace
Peter Endig | AFP | Getty Images A California appeals court’s decision could soon make it harder for Amazon to skirt responsibility for unsafe products sold on its platform. On Thursday, the California Fourth District Court of Appeals ruled that Amazon can be held liable for damages caused by a […]
Jim Cramer reveals 7 deadly stock sins he sees on Twitter — ‘cheerleading is for football’
CNBC’s Jim Cramer on Thursday said investors should be taking a more cautious approach to the market now that stocks have put a lot of points on the board. “I don’t know where the top will be, but I do know we’re a lot closer to the top than we […]
Yale ‘illegally discriminates’ against White and Asian students, Justice Department says
A view from Sterling Library at Yale University. Stan Godlewski | The Washington Post | Getty Images Yale University’s undergraduate admissions process “illegally discriminates” against White and Asian students, the Department of Justice said Thursday. A two-year investigation into the Ivy League school found that “race is the determinative factor […]
Stock futures open flat as S&P 500 struggles to reach February record high
A jogger passes in front of the New York Stock Exchange (NYSE) in New York, on June 17, 2020. Michael Nagel | Bloomberg | Getty Images U.S. stock futures were flat on Thursday night after the S&P 500 failed once again to reach its record high from February. Dow Jones […]
Stocks making the biggest moves after-hours: Applied Materials, Baidu & more
Technicians work on machinery at the Applied Materials facility in Santa Clara, California. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell Thursday: Applied Materials — Shares of Applied Materials rose 1.2% in after-hours trading on the back of fiscal third-quarter results […]