It’s a good time to be a graduate. Those armed with a newly minted diploma will enter a job market with unemployment near the lowest level in 50 years and job prospects up significantly from just last year. Employers plan to hire nearly 11% more graduates from the class of […]
CNBC News
Top progressive pundit says Dems are worried about Bernie Sanders winning the White House in 2020
Sen. Bernie Sanders is making mainstream Democrats nervous. But some of the presidential candidate’s supporters say it’s not because they’re worried Sanders can’t defeat President Donald Trump in 2020. It’s because he can, they say. The Vermont democratic socialist may have surprised the party’s establishment with his strong performance so […]
Top execs at American weed retailer MedMen quit amid ex-CFO’s claims of financial duress
The chief operating officer and general counsel of MedMen Enterprises have both resigned amid a broader employee shakeup at the American marijuana retailer. Chief Operating Officer Ben Cook and General Counsel Lisa Sergi Trager — who also served on the company’s board — have quit, a source familiar with the […]
Zoom’s CEO emigrated from China and spoke little English—now he’s worth almost $3 billion
Not even Eric Yuan’s closest friends, oldest advisers and earliest investors thought Zoom needed to exist. It was 2011, and the market was littered with videoconferencing systems from Google, Skype, GoToMeeting and Cisco, where Yuan had been leading WebEx’s engineering team. “He came to a market that everybody said was […]
Zoom’s CEO emigrated from China 22 years ago and spoke little English—now he’s worth almost $3 billion
Not even Eric Yuan’s closest friends, oldest advisers and earliest investors thought Zoom needed to exist. It was 2011, and the market was littered with videoconferencing systems from Google, Skype, GoToMeeting and Cisco, where Yuan had been leading WebEx’s engineering team. “He came to a market that everybody said was […]
Kremlin says Mueller report shows no evidence of Russian meddling
The Kremlin said on Friday that U.S. Special Counsel Robert Mueller’s long-awaited report did not contain any evidence the Russian state had meddled in the 2016 U.S. presidential election. Mueller’s report, released on Thursday, details extensive contacts between Donald Trump’s 2016 campaign and Russian operatives who, it said, sought to […]
Take a look at the tiny ‘Goddess’ electric vehicle from China’s Great Wall Motors
Great Wall Motor’s electric vehicle venture is driving forward. The Chinese company’s sub-brand Ora launched electric car R1 in December with a focus on urban users. A floor representative at the Shanghai Auto Show said Wednesday the company has sold about 4,000 R1s per month, bringing total monthly sales under […]
The jobs market is changing — and so should your resume
The jobs market is changing, that’s no secret. Today, shifts in technology and demographics mean that more of us are working for longer and in totally different ways than previous generations. And that trend shows no sign of abating. The World Economic Forum predicts that by 2025, 75 million jobs […]
Judge upholds New York City’s mandatory measles vaccination order
A Brooklyn judge on Thursday ruled against a group of parents who challenged New York City’s recently imposed mandatory measles vaccination order, rejecting their arguments that the city’s public health authority exceeded its authority. In a six-page decision rendered hours after a hearing on the matter, Judge Lawrence Knipel denied […]
Nintendo shares surge more than 16% after tie-up with Tencent to sell Switch console in China
Nintendo shares surged more than 16% on Friday after Tencent won approval to start selling the Japanese gaming giant’s Switch console in China. Regulators in the southern Chinese province of Guangdong approved the Nintendo Switch and the game “New Super Mario Bros. U Deluxe” to be released in China. Nintendo […]