Finance News
Moody’s cuts U.S. outlook to negative, citing deficits and political polarization

[ad_1] The White House is seen at dusk on September 30, 2023 in Washington, DC. Samuel Corum | Getty Images Moody’s Investors Service on Friday lowered its ratings outlook on the United States’ government to negative from stable, pointing to rising risks to the nation’s fiscal strength. The ratings agency has affirmed the long-term issuer […]

Updated: Nov 10, 2023
SAG-AFTRA actors’ union reaches tentative labor agreement with Hollywood studios

[ad_1] SAG-AFTRA members walk the picket line on the 100th day of their ongoing strike outside Paramount Studios in Los Angeles, California, October 20, 2023. Mario Anzuoni | Reuters Hollywood’s actors and studios have a preliminary labor agreement. Talks between Screen Actors Guild-American Federation of Television and Radio Artists and the Alliance of Motion Picture […]

Updated: Nov 9, 2023
Illegal or road to greatness?

[ad_1] Indians currently work an average of 47.7 hours a week, according to the International Labour Organization. Gcshutter | E+ | Getty Images Infosys founder Narayana Murthy recently sparked a controversy on social media when he said young people should be working 70 hours a week to boost India’s economy.  While many took to social […]

Updated: Nov 7, 2023
Meta CEO Mark Zuckerberg tore his ACL while training for a competitive MMA fight

[ad_1] Mark Zuckerberg posing with UFC president Dana White during a UFC Fight Night event. Jeff Bottari | Ufc | Getty Images Meta CEO Mark Zuckerberg just had surgery as a result of an injury to his ACL that occurred during mixed-martial arts training. The Facebook co-founder revealed his injury on Friday via an Instagram […]

Updated: Nov 4, 2023
Google ends agreement with lead developer of four California campuses

[ad_1] Google’s construction site sits idle on a Tuesday afternoon. Jennifer Elias Google confirmed on Thursday that the company ended its agreement with the development partner that was working on four key campus sites. Lendlease announced that Google decided to end the contracts it had to develop campuses in districts that included San Jose for […]

Updated: Nov 3, 2023
One tech stock is pivoting to AI, offers high dividend yield: Investor

[ad_1] Traders should “rethink” one tech stock associated with an old corner of the industry — making printers and scanners, according to one investor. That’s Xerox , Philip Blancato, CEO of Ladenburg Thalmann Asset Management, told CNBC’s ” Street Signs Asia. ” “This is one of my favorite names in years,” he said, adding that […]

Updated: Oct 31, 2023
UAW-Ford deal includes $8.1B in investment, $5,000 ratification bonus

[ad_1] Members of the United Auto Workers union picket outside the Michigan Assembly Plant in Wayne, Michigan, on Sept. 26, 2023. Matthew Hatcher | AFP | Getty Images DETROIT – Local United Auto Workers union leaders approved a tentative agreement Sunday with Ford Motor that includes $8.1 billion in new plant investments by the company, […]

Updated: Oct 30, 2023
Google paid $26 billion in 2021 to become a default search engine

[ad_1] Google CEO Sundar Pichai (L) and Apple CEO Tim Cook (R) listen as U.S. President Joe Biden speaks during a roundtable with American and Indian business leaders in the East Room of the White House in Washington, D.C., on June 23, 2023. Anna Moneymaker | Getty Images Google paid $26.3 billion to be the […]

Updated: Oct 27, 2023
Meta’s advertising rebound gets huge assist from China despite ban

[ad_1] A Facebook sign is seen at the second China International Import Expo (CIIE) in Shanghai, China November 6, 2019. Aly Song | Reuters Meta may be banned from operating in China, but the company is finding plenty of growth coming from the world’s second-biggest economy. In its third-quarter earnings report on Wednesday, Meta said […]

Updated: Oct 26, 2023
Portfolio manager names stocks to play secular growth themes right now

[ad_1] Markets may be facing an “unusual amount” of uncertainty, but there still are very good opportunities right, according to one portfolio manager, who tells CNBC Pro about three new growth areas and the stocks he likes. There are many “cross currents” in the market right now, said Sanjay Ayer of the U.S.-headquartered WCM Investment […]

Updated: Oct 24, 2023