2020 Democratic presidential candidates, Pete Buttigieg, mayor of South Bend, Senator Bernie Sanders, Former U.S. Vice President Joe Biden, Senator Elizabeth Warren, Senator Kamala Harris, Andrew Yang, founder of Venture for America, Beto O’Rourke, and Julian Castro, Development (HUD), debate in Houston, Texas, U.S., on Thursday, Sept. 12, 2019. Callaghan […]
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Elizabeth Holmes’ lawyers in Theranos civil case want out because she can’t pay them
Elizabeth Holmes, founder and CEO of Theranos. David Orrell | CNBC Elizabeth Holmes, who once presided over blood-testing startup Theranos which was valued at $9 billion, can’t pay her legal bills in a class-action civil suit, according to her lawyers in the case at the law firm Cooley LLP. Cooley […]
P&G brand chief says online ‘walled gardens’ are here to stay, so it’s relying on its own data
Marc Pritchard, chief brand officer of Procter & Gamble speaks during the 2019 Makers Conference in Dana Point, California, Feb. 8, 2019. Patrick T. Fallon | Bloomberg | Getty Images As the person responsible for one of the biggest advertising budgets in the world, Procter & Gamble Chief Brand Officer […]
Trump’s Medicare reform would expand this tax-free account
U.S. President Donald Trump holds a signed executive order during an event in The Villages, Florida, U.S., on Thursday, Oct. 3, 2019. EveEdelheit | Bloomberg | Getty Images A little-used Medicare option is getting a big push from the White House. An executive order signed on Thursday by President Donald […]
China trade war triggers closings, layoffs at US hardwood lumber mills
Sun Mountain Lumber Superintendent Nelson Bohrer walks past stacks of cut lumber at the saw mill September 12, 2019 in Deer Lodge, Montana. Chip Somodevilla | Getty Images It is hard times for the U.S. hardwood lumber industry. The trade war with China has caused a steep drop in U.S. […]
Walmart to sell online women’s apparel brand ModCloth to Go Global Retail
ModCloth was founded in 2002. Source: Modcloth Walmart is selling online women’s apparel business ModCloth, which it acquired in March of 2017, to Go Global Retail, the companies announced on Friday afternoon. A Walmart spokesperson declined to comment on the terms of the deal. A press release said Go Global […]
Here’s why Trump’s poll numbers are defying the impeachment mess
President Donald Trump speaks to reporters as he departs for Baltimore, Maryland from the South Lawn of the White House in Washington, September 12, 2019. Kevin Lamarque | Reuters No matter where you turn, the news is filled with embarrassing stuff about President Trump. The CIA whistleblower complaint about his […]
Stocks rise after positive September jobs report – five experts break it down
Stocks look to end a sour week on a positive note following the September jobs report. Nonfarm payrolls increased by 136,000 last month, below an estimated 145,000. The unemployment rate also fell to 3.5%, its lowest level in 50 years. Investors saw the middle-of-the-road data as shoring up the chances […]
Boston Fed President Rosengren sees just 1.7% growth for the second half
The Federal Reserve Bank of Boston’s President and CEO Eric S. Rosengren Keith Bedford | Reuters This is a developing story. Check back for updates. Boston Federal Reserve President Eric Rosengren believes the U.S. economy is on track for GDP growth of just 1.7% for the second half of 2019. […]
The US is adding jobs, but not in retail. The industry shed 11,400 jobs last month
Even as unemployment in the U.S. has fallen to a new 50-year low, jobs continue to evaporate in retail. The U.S. government reported on Friday that the unemployment rate has fallen to 3.5%, a new 50-year low. But over the last month, as the U.S. has added 40,000 jobs in […]