U.S. foreign policy toward adversaries such as Russia, North Korea and Syria may turn more aggressive if CIA Director Mike Pompeo becomes secretary of state. President Donald Trump nominated 54-year-old Pompeo — a three-term Republican congressman known for his hardline views — after firing Rex Tillerson, whose sudden departure sparked […]
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Warren Buffett rejected this entrepreneur’s dinner invitation — but gave her 3 pieces of advice
It’s one thing plucking up the courage to ask someone to dinner. It’s quite another to ask Warren Buffett. But that’s exactly what entrepreneur Kathy Xiaosi Gong, who was 24 at the time, did when she found herself in a room with the billionaire investor in Washington D.C. “I saw […]
Professor Stephen Hawking is dead at 76
Renowned physicist Stephen Hawking has died at the age of 76. Hawking, who was a professor at the University of Cambridge, made several discoveries in the field of physics, mathematics and cosmology that raised his profile internationally. Cambridge University confirmed Hawking’s death to NBC News. His better-known works involve black […]
Noble Group signs binding agreement for financial restructuring
Commodities trader Noble Group said it has finalised a binding agreement with a group of senior creditors holding 46 percent of its debt, and was in talks with others, on a restructuringdeal crucial to its survival. Noble said in a statement on Wednesday that its Restructuring Support Agreement (RSA) had […]
Walmart to expand grocery delivery business to 800 stores by year’s end
Walmart plans to expand its online grocery delivery service to a fleet of roughly 800 stores by the end of the year, as competition continues to ramp up in the digital grocery aisle. The expansion will open up the retailer to 100 metropolitan areas, reaching more than 40 percent of […]
Google will ban all cryptocurrency-related advertising
Google is cracking down on cryptocurrency-related advertising. The company is updating its financial services-related ad policies to ban any advertising about cryptocurrency-related content, including initial coin offerings (ICOs), wallets, and trading advice, Google’s director of sustainable ads, Scott Spencer, told CNBC. That means that even companies with legitimate cryptocurrency offerings […]
Japan’s regional banks are struggling, but analysts like other parts of the sector
One segment of Japan’s banking sector is struggling to stay afloat — and the country’s shrinking population and ultra-low interest rates seem likely to prolong those lenders’ troubles. Regional banks — those mid- and small-sized lenders that mostly serve the population outside major cities — have seen a decline in […]
Democrats vow to continue Russia probe and issue own report
Democratic members of the U.S. House of Representatives Intelligence Committee said on Tuesday they would keep investigating Russia and the 2016 U.S. election, despite a decision by Republicans on the panel to shut down the probe. “We are going to do our best to continue our work. There are individuals […]
U.S House Democrats vow to continue Russia probe and issue own report
Democratic members of the U.S. House of Representatives Intelligence Committee said on Tuesday they would keep investigating Russia and the 2016 U.S. election, despite a decision by Republicans on the panel to shut down the probe. “We are going to do our best to continue our work. There are individuals […]
Pennsylvania special House election in Trump country is too close to call: NBC News
A deadlocked House special election in Pennsylvania’s Trump country was too close to call Tuesday night, according to NBC News. As votes filtered in for the 18th District race between Democrat Conor Lamb and Republican Rick Saccone, neither candidate emerged with a clear edge. With nearly all the votes counted, […]