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Is Amazon Unstoppable? Politicians want to rein in the retail giant. But Jeff Bezos, the master of cutthroat capitalism, is ready to fight back. By Charles Duhigg. 12:50 P.M.. Bezos, reportedly worth a hundred and fourteen billion dollars, has donated less than three per cent of his wealth ...
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Explainer: Ahead of Libra, XRP cryptocurrency gains toehold in commerce LONDON (Reuters) - Facebook's Libra may be grabbing all the headlines at the moment, yet a major cryptocurrency already exists that's gained a toehold in mainstream commerce. FILE PHOTO: An electric board showing exchange rate between South ...
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Trump Administration Weighs Economic Escalation Against China WASHINGTON — Trump administration officials are weighing a range of options that could inflict additional economic pain on China as the United States continues looking for ways to force Beijing to change longstanding practices that have put American ...
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OPEC chief says deeper oil cut an option amid weaker 2020 outlook LONDON (Reuters) - A deeper cut in oil supplies is among options for OPEC and its allies to consider in December, its secretary general said on Thursday as the producer group's forecasts pointed to slower global growth and lower demand next year.
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DealBook Briefing: Apple Gives Way to Pressure From Beijing Good morning. (Was this email forwarded to you? Sign up here.) Apple is the latest U.S. company to feel heat from China. The tech giant removed an app last night that allowed protesters in Hong Kong to track the police, after criticism from China's state media ...
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Dollar set for biggest fall in five weeks as trade talks resume LONDON (Reuters) - The dollar was on track for its biggest daily drop in five weeks on Thursday against its rivals as the prospects of a partial trade deal between China and the United States fueled appetite for trade-oriented currencies such as the euro and ...
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The struggling IPO class of 2019 could be facing another wave of selling soon Lock-up periods are expiring for this year's IPO class, which analysts say could introduce a new layer of pressure for young companies. Founders, employees and some early private investors who bought in before a company goes public are usually restricted ...
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One Of New York's Top Seed Investors Takes On Outside Capital For The First Time BoxGroup partners Adam Rothenberg, Nimi Katragadda and David Tisch have backed a stable of unicorns from Flexport and Plaid to Oscar and Warby Parker. BoxGroup. When entrepreneur Zachariah Reitano learned that his sister had a serious illness in ...
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GitHub CEO discussed 'evolving' position on China in private all-hands meeting Tensions continue to grow over a GitHub contract with Immigration and Customs Enforcement, as employee activists pressure the company to cut ties with the agency. In a standing-room-only meeting yesterday, executives answered questions from ...
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Oil prices dip despite latest US-China trade talks LONDON (Reuters) - Oil prices dipped on Thursday as the U.S.-China trade war continued to cloud prospects for the global economy and fuel demand despite a resumption in talks seeking a resolution to the 15-month conflict. FILE PHOTO: Pumpjacks are ...
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