If CNBC’s Jim Cramer had to choose one word to define this stock market, it would be “challenging.” “Challenging, as in stocks can be up right from the get-go, then we give up the ghost, then the averages come roaring back, except we do it with fewer stocks rallying and […]
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Qualcomm says Paul Jacobs will not be renominated to board as he pursues possible buyout of chipmaker
Qualcomm said Friday that Paul Jacobs will not be renominated to the chipmaker’s board of directors at its annual shareholder meeting on March 23. The company said the decision was made after Jacobs informed the board that he is exploring the possibility of taking the $88 billion company private. But […]
There are about 14,500 nuclear weapons in the world. Here are the countries that have them
The world’s nuclear club is an exclusive group – and it has become even more dangerous with the relatively recent and unwelcome addition of North Korea and its leader, Kim Jong Un. The United States wants the rogue regime to give up its nuclear-weapons ambitions, and President Donald Trump aims […]
The death penalty for drug dealers is a terrible idea
Donald Trump’s White House plans to stop deaths from opioid abuse by putting more drug dealers to death. The Trump administration is preparing to roll out its plan to solve the opioid crisis — maybe as soon as Monday, when Trump is expected to visit Safe Station, a drop-in facility […]
Tech company Zuora files for $100 million IPO
Technology company Zuora released its IPO prospectus on Friday, revealing plans to trade on the public market. The cloud-computing company, which helps businesses manage subscription services, was backed by major investors like Blackrock and Benchmark. Its founder and CEO Tien Tzuo was an early Salesforce employee, and has been an […]
This hover backpack lets you defy gravity
A Japanese start-up is making a hover backpack to augment one’s jumping ability. It’s being developed by students at the University of Tokyo. The backpack has a series of rotors that provide enough downward thrust to help the wearer jump higher and longer than humanly possible, giving the user a […]
Steve Mnuchin visits Apple HQ, tweets photo with Tim Cook
Treasury Secretary Steven Mnuchin tweeted a photo with Apple CEO Tim Cook on Friday, emphasizing Apple’s recent jobs announcement. The photo depicts the two smiling at Apple’s new headquarters in Cupertino, California, and comes just days after Cook’s visit to Washington D.C. “Glad to visit Apple HQ with Tim Cook. […]
Amazon is hiring a former FDA official to work on its secretive health tech business
Amazon‘s Grand Challenge team, its equivalent of the Google X lab for moonshot technologies, has made its latest high-profile health care hire. The company has quietly scooped up Taha Kass-Hout, the former U.S. Food and Drug Administration chief health informatics officer, according to a source with knowledge of the hire. […]
Trump advisor Kevin Hassett: President is ‘very serious’ about tax plan ‘phase two’
President Donald Trump and the House Ways and Means Committee chair, Rep. Kevin Brady of Texas, are “very serious” about implementing a second phase of the Republican tax plan, a top economic advisor to Trump told CNBC on Friday. Brady is now talking to the White House about a “phase […]
Icahn, with 6 percent of Newell Brands shares, hasn’t decided which side he’s on
Billionaire Carl Icahn reported a greater than 6 percent stake in Rubbermaid parent Newell Brands, calling them undervalued, according to a regulatory filing on Friday. The activist investor said in a filing with the Securities and Exchange Commission that he intends to talk with Newell management about ways to “enhance […]