How is it that a millionaire can pay hardly any income taxes -- or none at all -- while most people, earning far less, owe more? Just look at the latest New York Times report on President Donald Trump's tax returns. The report showed that Trump paid just $750 ...
A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here. London (CNN Business) Wall Street is increasingly concerned that uncertainty surrounding the outcome of the US election in ...
New York (CNN Business) Joe Biden wants the US government to take an active role in increasing adoption of electric vehicles -- far more than President Trump does. Biden reiterated that during Tuesday night's presidential debate. That could be yet another ...
... * Debate confirms uncertain election outlook, boosts dollar * U.S. private employment rises in September * U.S. GDP final estimate shows steep contraction * Graphic: World FX rates in 2020 tmsnrt.rs/2RBWI5E (Adds new comments, FX table, U.S. data, ...
The secretive big data and surveillance company Palantir Technologies offered its stock to public investors for the first time Wednesday, a long-anticipated move that will bring public scrutiny to one of tech's most secretive start-ups. Support our journalism.
HOUSTON (Reuters) - Marathon Petroleum Corp MPC.N, the top U.S. oil refiner, is cutting 12% of its workforce amid continued declines in fuel consumption due to the COVID-19 pandemic, it said on Wednesday. FILE PHOTO: A Marathon Petroleum banner ...
LONDON (Reuters) - Royal Dutch Shell announced on Wednesday plans to cut up to 9,000 jobs, or over 10% of its workforce, as part of a major overhaul to shift the oil and gas giant to low-carbon energy. FILE PHOTO: The logo of Royal Dutch Shell is seen at ...
Stocks are opening higher on Wall Street as traders hope that the White House and Congress can break a logjam on delivering more badly needed stimulus for an economy ravaged by coronavirus lockdowns. The S&P 500 rose 0.5% in the early going ...
Palantir has a mythical and esoteric reputation in the Bay Area. The name is well-known and what the company does has circulated for years, which in a nutshell, is data mining for the government — and now, commercial clients.
New York (CNN Business) The American economy is recovering. That's not up for debate. But the manner in which the economy is bouncing back is very much disputed by economists and politicians. Joe Biden says it's a "K-shaped" recovery. Donald Trump ...
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