Traders work on the floor of the New York Stock Exchange (NYSE) in New York. Bloomberg | Bloomberg | Getty Images Four of investors’ top five favorite destinations are in Europe, according to the Milken Institute’s Global Opportunity Index (GOI) report. Denmark topped this year’s rankings, scoring first on business perception, a measure of the
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The Google office in New York on February 2, 2023. Ed Jones | Afp | Getty Images Allison Croisant, a data scientist with about a decade of experience in technology, was laid off by PayPal earlier this year, joining the masses of unemployed across her industry. Croisant has one word to describe the process of
HashiCorp at the Nasdaq market site, December 9, 2021. Source: Nasdaq HashiCorp shares jumped 12% in extended trading on Friday after Bloomberg reported the software developer was considering a sale. The company has engaged an outside firm to explore interest from potential buyers, Bloomberg said, citing unnamed sources. A company representative didn’t immediately respond to
Victoria Klesty | Reuters In the U.S., Wegovy is no longer just for weight loss. The blockbuster drug — one of a handful of weight loss treatments to skyrocket in popularity over the last year — is now approved in the U.S. for heart health, too. But that may not translate to wider insurance coverage of
File image Sopa Images | Lightrocket | Getty Images A United Airlines plane that departed Friday from San Francisco International Airport was missing an external panel when it landed at its destination in Medford, Oregon. United released the following statement: “This afternoon, United flight 433 landed safely at its scheduled destination at Rogue Valley International/Medford
Mateusz Slodkowsk | Lightrocket | Getty Images Reddit said Friday that the Federal Trade Commission sent a letter to the company about its data-licensing business related to the training of artificial intelligence systems. “On March 14, 2024, we received a letter from the FTC advising us that the FTC’s staff is conducting a non-public inquiry
Gas prices are displayed at a gas station on March 12, 2024 in Chicago, Illinois. Scott Olson | Getty Images From consumer and wholesale prices to longer-term public expectations, reports this week served up multiple reminders this week that inflation isn’t going away anytime soon. Data across the board showed pressures increasing at a faster-than-expected
The TikTok issue is one of the biggest damned if you do, damned if you don’t problems on America’s agenda. On April 14, 2023, nearly a year ago, Montana became the first state to try to ban TikTok, but a US District Judge put a temporary halt to the ban, saying it “oversteps state power,”
Manhattan District Attorney Alvin Bragg speaks during a news conference at his office in New York City on Feb. 22, 2024. Brendan Mcdermid | Reuters Manhattan District Attorney Alvin Bragg on Thursday told a judge that he does not oppose postponing the start of the criminal hush money trial of former President Donald Trump by
Close-up of a hand holding a cellphone displaying the Amazon Pharmacy system, Lafayette, California, September 15, 2021. Smith Collection | Gado | Getty Images Eli Lilly on Wednesday said Amazon Pharmacy will help send certain prescription drugs, including the red-hot weight loss treatment Zepbound, to patients’ homes through the drugmaker’s new direct-to-consumer program. Starting Wednesday,
SpaceX’s next-generation Starship spacecraft atop its powerful Super Heavy rocket is prepared for a third launch from the company’s Boca Chica launchpad on an uncrewed test flight, near Brownsville, Texas, on March 13, 2024. Joe Skipper | Reuters Elon Musk’s SpaceX is preparing to launch its third Starship test flight as soon as Thursday morning
General Motors Executive Vice President Global Manufacturing and Labor Relations Gerald Johnson (middle) watches as engineers and technicians set-up and test the machines that will be used to manufacture Level 1 face masks at a plant in Warren, Michigan. Photo by John F. Martin for General Motors DETROIT – General Motors’ long-time head of manufacturing
Democratic lawmakers on Tuesday slammed Special Counsel Robert Hur for assessing President Joe Biden’s mental state during his investigation of Biden’s retention of classified documents after he was vice president. “You cannot tell me you’re so naive as to think your words would not have created a political firestorm,” Rep. Adam Schiff, D-Calif., told Hur
Shoppers are seen in a Kroger supermarket in Atlanta on Oct. 14, 2022. Elijah Nouvelage | AFP | Getty Images Rising gasoline prices likely put a floor under inflation in February, potentially reinforcing the Federal Reserve’s decision to take a go-slow approach with interest rate reductions. Economists expect that prices across a broad spectrum of
Donald Trump on Monday once again denied allegations by writer E. Jean Carroll that he raped and defamed her, despite facing nearly $90 million in civil penalties for making similar statements about the writer. Carroll’s attorney quickly responded that the writer’s legal team is closely monitoring Trump’s latest remarks about her — and suggested that
Microsoft has started to make changes to its Copilot artificial intelligence tool after a staff AI engineer wrote to the Federal Trade Commission Wednesday regarding his concerns about Copilot’s image-generation AI. Prompts such as “pro choice,” “pro choce” [sic] and “four twenty,” which were each mentioned in CNBC’s investigation Wednesday, are now blocked, as well
Republican presidential candidate and former President Donald Trump reacts to supporters as he arrives on stage during a Get Out the Vote Rally March 2, 2024 in Richmond, Virginia. Win Mcnamee | Getty Images Former President Donald Trump on Saturday stood by his 2019 statement that writer E. Jean Carroll made a “totally false accusation”
A Portillo’s Beef Bus in Kissimmee, Florida. Source: Portillo’s When Chicago-based Portillo’s enters a new market, it sends its “Beef Bus” ahead of time, slinging its hot dogs and Italian beef sandwiches to new customers for weeks, introducing them to the brand and whetting their appetites before a new restaurant finally opens. Recently, the Beef
Parker Harris, a co-founder of Salesforce, speaks during a keynote at the company’s Dreamforce conference in San Francisco on Sept. 12, 2023. Marlena Sloss | Bloomberg | Getty Images Each year, Salesforce updates its V2MOM, a planning document laying out vision, values, methods, obstacles and measures. CEO Marc Benioff has said it’s “been used to
OpenAI on Friday announced its new board and the wrap-up of an internal investigation by U.S. law firm WilmerHale into the events leading up to OpenAI CEO Sam Altman’s ouster. Sam Altman will also rejoin OpenAI’s board. The new board members are: Dr. Sue Desmond-Hellmann, former CEO of the Bill and Melinda Gates Foundation, who