After JPMorgan Chase posted a record $7 billion quarterly profit, the last thing a contentious Jamie Dimon wanted to talk about Friday was his company's earnings.
Instead, the CEO of the nation's largest bank...
Friday, Jul 14, 2017 at 05:34 PM EDT
Hootie Johnson, Former Augusta National Chairman, Dies
Hootie Johnson, the South Carolina banker and Augusta National chairman who stubbornly stood his ground amid pressure for the club to invite female members, died Thursday morning. He was 86.
Stocks rose to record levels on Friday as earnings season kicked off, CNBC reported.
The S&P climbed 0.6 percent to close at 2,459.27, setting intraday and closing records. The index's previous intraday...
Thursday, Jul 13, 2017 at 12:59 PM EDT
Investors: 'Pharma Bro' Shkreli Was Shady -- and Profitable
The jury at the securities fraud trial of "Pharma Bro" Martin Shkreli has heard investors accuse the quirky former biotech CEO of repeatedly giving them the runaround when they tried to pull their money out...
Wednesday, Jul 12, 2017 at 08:46 PM EDT
Apple to Open Data Center in China With Government Ties
Apple will open a data center in mainland China with ties to the country's government, raising concerns about the security of iCloud accounts that store personal information transferred from iPhones, iPads...
Wednesday, Jul 12, 2017 at 09:29 PM EDT
Security Lapse Leaks Data From Millions of Verizon Customers
A security researcher says a lapse has exposed data from millions of Verizon customers, leaking names, addresses and personal identification numbers, or PINs.
Verizon Wireless says 6 million customers were...
Wednesday, Jul 12, 2017 at 10:08 AM EDT
Prime Day 2017 Was Amazon's Biggest Shopping Event Ever
Black Friday and Cyber Monday are big shopping days on Amazon, but the online retailer's own shopping holiday, Prime Day, has them both beat, the company said Wednesday.
The July 11 event that saw 3.5 million...
Tuesday, Jul 11, 2017 at 05:37 PM EDT
Microsoft Eyes Buffer Zone in TV Airwaves for Rural Internet
Microsoft wants to extend broadband services to rural America by turning to a wireless technology that uses the buffer zones separating individual television channels in the airwaves.
Microsoft plans to partner...
Tuesday, Jul 11, 2017 at 04:00 PM EDT
Dow Falls 100 Points, Then Recovers, After Trump Jr.'s Tweet
Moments after Donald Trump Jr. tweeted the email exchange that led to his meeting with a Russian attorney the Dow fell 100 points Tuesday, CNBC reported.
Stocks initially fell on concerns the Russia controver...
Tuesday, Jul 11, 2017 at 12:13 PM EDT
US Job Openings Slipped in May, but Hiring Increased
U.S. employers posted fewer job openings in May. But hiring picked up and more people are quitting their jobs — both positive signs for the economy.
Job openings fell 5 percent in May to 5.7 million, the Labor...