Huawei CEO Ren Zhengfei laid out plans to bring more efficiencies to the organization. This included simplifying the reporting structure, cutting down on surplus staff, axing...Technologyread more
The bond market has entered a financial twilight zone, and at this point, there doesn't seem to be a smooth way out.Market Insiderread more
China has used both monetary and fiscal measures to lift economic activity as its trade war with the U.S. looks set to intensify in the coming months.China Economyread more
President Donald Trump said on Twitter he was postponing a scheduled meeting with Denmark's prime minister because of her lack of interest in discussing a possible sale of...World Politicsread more
"I think (rate cuts) will help, but whether they're going to be sufficient to counter the negative trade pressures and global growth slowdown and impact is debatable," one...Central Banksread more
Chinese overseas investment growth will likely slow or even decline in the next few years as risks around the world increase, according to new research by Moody's Investors...China Economyread more
The two countries want to smash the civil aerospace duopoly enjoyed by Airbus and Boeing.Aerospace & Defenseread more
Alibaba held a board meeting before its latest quarterly earnings release last week, during which the board decided to postpone the Hong Kong listing, Reuters reported.Technologyread more
Federal Reserve Chairman Jerome Powell is set to deliver his annual speech on Friday at the Jackson Hole, Wyoming symposium, where he's expected to provide more clarity on the...Asia Marketsread more
U.S. and Asian investors poured $3.7 billion into U.K. tech start-ups in the first seven months of 2019, research shows.Technologyread more
After Elon Musk touts Tesla solar on Twitter, Walmart sues the electric vehicle and clean energy company over store rooftop panels that ignited.Technologyread more
More Wall Streeters should think about starting their day with meditation, best-selling author Deepak Chopra said Monday.
The alternative medicine advocate said many financial firms are implementing meditation programs, and that will make employees more productive and less distracted because they're centered. He noted that "things change by the minute" on Wall Street, which can cause considerable stress.
"Stress is the number one epidemic of our civilization," Chopra said on CNBC's "Squawk Box." "Indirectly or directly it's related to things like insomnia, anxiety, fear, but [also] cardiovascular illness, inflammation in the body, heart disease, autoimmune illnesses. Many kinds of cancer are connected directly or indirectly to inflammation in the body. So meditation is a very effective way to start tackling this problem, this epidemic of stress."
About 15 minutes of meditation provides twice as much rest as deep sleep, he said.
Chopra said he himself began his path toward "mindfulness" when he was a busy internist and endocrinologist, admitting he was smoking a pack of cigarettes a day. He said he realized he couldn't help his patients if I he didn't first take care of himself.
Hedge fund manager Paul Tudor Jones is among Chopra's followers. Chopra said Tudor Jones's entire staff engages in some form of meditation.
To encourage more people to meditate, Chopra has partnered with Oprah Winfrey to launch a free online, 21-day meditation program that he said has reached 3.6 million people. The theme of the program is "success."