French and Indian companies signed contracts worth 13 billion euros (£16 billion) on the first day of President Emmanuel Macron’s visit to India on Saturday, the French presidency said in a statement. The deals include a contract for France’s Safran to supply airline Spice Jet with engines, water system modernization […]
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US’s Tillerson ‘not feeling well’, cancels activities in Kenya
U.S. Secretary of State Rex Tillerson cancelled scheduled events on Saturday on the second day of a visit to Kenya because “he is not feeling well”, a State Department spokesman said. “The secretary is not feeling well after a long couple days working on major issues back home such as […]
Here’s why the jury’s still out on whether tech can fix a problem it helped create–lack of sleep
If you’re reading this, chances are you aren’t sleeping very well at night, and one of the biggest reasons why may be right in the palm of your hand. A raft of recent data suggest Americans aren’t getting much rest, which is a bigger problem than many realize: A 2016 […]
Ways the NCAA can reform its image, and (maybe) compensate its athletes
Basketball fever will soon be unleashed, as college basketball’s annual “March Madness” tournament nears. Nearly 70 of the best NCAA Division 1 (D1) teams will play in the “big dance” elimination tournament, where anything can happen — and often does. Only this year, college basketball finds itself in a precarious […]
Cramer Remix: Surprise! Defense stocks’ struggles aren’t linked to tariffs
Tariffs may have gripped the market’s narrative for most of the week, but CNBC’s Jim Cramer found one group of stocks declining because of something totally different. Responding to a caller’s question on the stock of Raytheon on Friday, the “Mad Money” host said another geopolitical story was putting pressure […]
Salesforce added a new section to its annual report highlighting its social activism
Salesforce has a new section in its annual report that’s entirely dedicated to one of CEO Marc Benioff’s biggest passions: social activism. In its filing disclosed on Friday, Salesforce added a new section titled “Environmental, Social and Governance” that highlights the company’s efforts in those areas. “We believe the business […]
Top VC deals: Amazon backs Ecobee, Tencent bets on a used car marketplace, plus self-driving trucks
Here’s a round-up of the most important deals in venture capital from the past week. Tencent led an $818 million investment in Chehaoduo, an online platform for buying and selling cars in China. The company has scored $1.7 billion in funding thus far, according to Crunchbase. Earlier investors included U.S. […]
Trump’s Veterans Day military parade will not include tanks
A military parade requested by President Donald Trump will take place in November on Veterans Day in Washington D.C. but to minimize damage to roads, will not include tanks, a Pentagon memo released on Friday said. The memo listed a number of guidelines for the parade on Nov. 11. “Include […]
US has ordered Broadcom to give notice of steps to redomicile: Report
A U.S. national security panel has ordered Singapore-based chipmaker Broadcom to provide it with five business days’ notice before taking any action toward redomiciling to the United States, three people familiar with the matter said on Friday. The previously undisclosed requirement shows that the Committee on Foreign Investment in the […]
Cramer: The most bullish thing about police tech play Axon isn’t guidance. It’s how the CEO is paid
Even CNBC’s Jim Cramer was taken aback by the blowout quarterly earnings report from Taser maker Axon Enterprise. Shares of Axon roared 28 percent the day after the report and another 14 percent in the next week, making the “Mad Money” host wonder how Wall Street managed to underestimate it […]