Democratic presidential candidate, Sen. Kamala Harris (D-CA) speaks during the Democratic Polk County Steak Fry on September 21, 2019 in Des Moines, Iowa. Joshua Lott | Getty Images Sen. Kamala Harris’ campaign took in $11.6 million in the third quarter, her campaign said Tuesday, putting her well behind some of […]
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Trump, RNC blow away top Dems with $125 million raised in the third quarter
President Donald Trump arrives for a photo opportunity with sheriffs from across the country on the South Lawn of the White House in Washington, September 26, 2019. Erin Scott | Reuters President Donald Trump’s 2020 reelection campaign and the Republican National Committee raised a total of $125 million in the […]
Uber and Lyft close at record lows as investor skepticism grows around recent IPOs
Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., listens during a panel discussion at the Bloomberg Global Business Forum in New York, U.S., on Wednesday, Sept. 26, 2018. Mark Kauzlarich | Bloomberg | Getty Images Shares of Uber and Lyft fell to fresh lows on Tuesday, posting their lowest […]
After scary manufacturing drop, this is the number to watch Wednesday
Engines assembled as they make their way through the assembly line at the General Motors (GM) manufacturing plant in Spring Hill, Tennessee, August 22, 2019. Harrison McClary | Reuters Wednesday’s report of ADP private payrolls could give clues on the labor market, the next part of the economy to be […]
Banned coach Alberto Salazar briefed Nike CEO Mark Parker on doping violations numerous times
Nike president and CEO Mark Parker. Jewel Samad | AFP | Getty Images Banned running coach Alberto Salazar briefed Nike CEO Mark Parker on doping violations on multiple occasions, according to materials released Monday by the U.S. Anti-Doping Agency. Salazar told the company’s top officials, including Parker, about his attempts […]
Former GOP Rep. Chris Collins pleads guilty in insider trading case
Chris Collins, former U.S. Representative for New York’s 27th congressional district, arrives at Federal Court in New York, October 1, 2019. Carlo Allegri | Reuters Former Republican Rep. Chris Collins pleaded guilty Tuesday to charges in an insider trading case lodged by federal prosecutors while he was a member of […]
Silicon Valley donors are ready to back Elizabeth Warren despite her pledge to break up big tech
Massachusetts Senator and presidential candidate, Elizabeth Warren speaks at Keene State College a day after Congress announced the beginning of a formal impeachment inquiry of President Trump. Preston Ehrler | SOPA Images | LightRocket | Getty Images Sen. Elizabeth Warren has vowed to break up big technology companies like Google, […]
Tesla is buying computer vision start-up DeepScale in a quest to create truly driverless cars
An employee drives a Tesla Motors Inc. Model S electric automobile, equipped with Autopilot hardware and software, hands-free on a highway. Jasper Juinen | Bloomberg | Getty Images Tesla is acquiring DeepScale, a computer vision start-up that could help it develop fully driverless vehicles, CNBC has learned. The deal could […]
GM lays off 6,000 additional workers in Mexico due to UAW strike
United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant on Sept. 25, 2019 in Detroit. Michael Wayland / CNBC DETROIT – General Motors on Tuesday idled a plant in Mexico that produces its highly-profitable Chevrolet Silverado and GMC Sierra 1500 pickups, temporarily laying off 6,000 workers. […]
Slack, Spotify and Michael Lewis will join big-shot Silicon Valley investors to talk direct listings
Bill Gurley Adam Jeffery | CNBC Bill Gurley, the venture capitalist from Benchmark and former Uber board member, is leading a meeting in San Francisco on Tuesday to explore alternatives to the traditional IPO process, which the investor said recently has put Silicon Valley “on the bad end of a […]